The banking industry in Nigeria has witnessed a lot of reforms and the evolution of a robust, strong and reliable financial institution is underway. Although Nigerian banks, specifically money deposit banks are yet to be where they should be in terms of a distress proof system as well as a system created to grow the Nigerian economy.
Sunday 7 May 2017
Wednesday 3 May 2017
CBN sanctions 12 banks for denying forex access to SMEs
CBN has sanctioned banks denying Small and Medium Enterprises (SMEs) access to foreign exchange (Forex) from the newly instituted SMEs Forex Window
The SME window which opened about two weeks ago is designed to help SMEs import eligible finished and semi-finished items not exceeding $20,000 for an enterprise per quarter - Eight banks avoided the CBN's sanction while 12 banks were barred
Friday 21 April 2017
Central bank stops interchange charges on electronic payment
The Central Bank of Nigeria (CBN) has suspended the implementation of interchange regime on electronic payment that involves merchant service until further notice.
Director, banking and payments system department, CBN Mr Dipo Fatokun, said this in a signed circular to merchant acquirers, card issuers, card schemes, among other stakeholders.
Monday 20 February 2017
Saturday 21 January 2017
"Identity Check Mobile" MasterCard Announces New Payment App
In the quest to improve reliability, security and speedy transactions online, MasterCard has announced the roll out of the "Identity Check Mobile", a new payment technology application that uses biometrics, including fingerprint and facial recognition, to verify a cardholder’s identity and simplify online shopping.
Friday 18 November 2016
SCAM ALERT: Do Not Fall For This Online and Bank Scam
PLS FOR MOSTLY PEOPLE THAT USE BANK MOBILE APP, BE CAREFUL OF THIS UNSCRUPULOUS ELEMENTS WHO ARE SCAVENGING FOR PEOPLE THEY WILL PREY ON BY SENDING YOU A MAIL USING YOUR BANK AS THE SENDER ADDR.
Thursday 10 November 2016
Watch Video of MMM REPLIES CBN, SEC AND HOUSE OF REPS including media
Following previous reports on mmm, that the Federal Government of Nigeria has initiated moves to shut down MMM operations in Nigeria at first and also house of reps order EFCC, CBN to arrest "mmm promoter", See the reply from mmm member below.
Watch Video:
#Me. Still Believe in MMM.
Wednesday 9 November 2016
Saturday 5 November 2016
Tuesday 18 October 2016
Saturday 15 October 2016
Thursday 13 October 2016
Tuesday 4 October 2016
Friday 30 September 2016
New Way To Open a Domiciliary Account With GTBank, Zenith Bank, FirstBank, UBA and Diamond Bank
Call +2347039732276 for Any Promotion on Blog Mall Nigeria.
Opening domiciliary account (Dom) is currently achievable with GTBank, Zenth Bank, Diamond Bank, First Bank and UBA from my experiences and information gathered from colleagues and reliable sources. So if you need domiciliary account and want know how you can open domiciliary bank account in Nigeria the above banks, I have got you covered with step-by-step guide to do so.
Naira in free fall, plunges to N480/dollar
Call +2347039732276 for Any Promotion on Blog Mall Nigeria.
The naira plunged further against the United States dollar to a new record low of 480 on Thursday, down from 472 it recorded on Wednesday.
The currency had continued its two-week free fall on Monday, closing at 445 to the dollar after tumbling to 439 on Friday.
On Tuesday, the currency closed at 452 to the greenback. Also on Tuesday, the external reserves hit an 11-year low of $24.61bn.
Thursday 29 September 2016
Thursday 21 July 2016
Naira continues drop against dollar
Call +2347039732276 for Any Promotion on Blog Mall Nigeria.
The Naira, on Wednesday, maintained its loss against the dollar at the parallel market, the News Agency of Nigeria (NAN), reports.
The Nigerian currency, which lost three points on Tuesday to exchange at N368 from N365 on Monday, also traded at N368 to the dollar on Wednesday afternoon.