banking

Banks, Telcos Urged to Develop Cross-sectoral Collaboration to Drive Technology Innovations Necessary for Financial Inclusion

September 16, 2021

Vice President Yemi Osinbajo has urged the banking sector and the telecoms operators (Telcos), to develop a cross-sectoral collaboration that will further drive technology innovations...... Continue Reading >

Next-Gen Open Banking Modular Fintech as a Service Platform

September 13, 2021

Interactive Smart Communications (ISC, www.iscc.sa) a subsidiary of Mawarid Media & Communications Group, MMCG (a Saudi conglomerate), is announcing today the launch of the most...... Continue Reading >

Bank’s reach is tangible, its relevance is questioned, say experts at Finnovex ME 2021

September 8, 2021

Subsidiarity of banking system and digitalization boost of banking sector is the need of the hour, say experts assembled at Finnovex Middle East 2021 in Dubai. Reach and relevance are...... Continue Reading >

SoftBank Enters into Long-Term Strategic Partnership and Equity Share Swap Agreement with Deutsche Telekom

September 8, 2021

Strategic Partnership Provides SoftBank Portfolio Companies Access to Approximately 240 Million Customers Across Europe and the US and Deutsche Telekom (“DT”) with ARPU...... Continue Reading >

Mahmud: Central Bank Mainly Concern about Foreign Exchange Supply not Naira Valuation

September 8, 2021

The Director of Monetary Policy, Central Bank of Nigeria (CBN), Hassan Mahmud yesterday stated that said the apex bank is worried about boosting dollar supply on the currency market...... Continue Reading >

First Bank Launches Mobile Banking Application

September 6, 2021

In furtherance of its commitment to spearhead value-driven mobile and digital banking in Nigeria, First Bank of Nigeria Limited has announced the launch of the LIT Application, created...... Continue Reading >

average bank liquidity needs rise in July 2021

September 5, 2021

The banks’ average needs for liquidity increased significantly in July 2021 to around 10.384 million dinars (MD), against 8.088 MD the previous month, according to the latest...... Continue Reading >

ATB improves its balance sheet, continues to finance economy

September 5, 2021

The ATB bank ended the first half of its fiscal year 2021 with a total operating income of 281.6 MD. After expenses of 151.625 MD, it is an NBI of 129.426 MD that the bank has achieved,...... Continue Reading >

Increase of average bank liquidity needs in July 2021 (BCT)

September 5, 2021

TAP) - The average need for bank liquidity increased significantly in July 2021 to reach 10.384 million dinars (MD), against 8.088 MD the previous month, according to the latest note...... Continue Reading >

Mastercard, Agrolog Target 60,000 Farmers to Boost Ginger Production in Nigeria-

August 31, 2021

The Agrolog General Services Limited (AGSL), in partnership with Mastercard Foundation, has announced plans to empower 60,000 smallholder farmers to boost the production of ginger in...... Continue Reading >