charges, USSD, code, Banks, CBN, LDR, CRC Credit Bureau, Disrupting Nigerian banks, MTN’s USSD charge is not with our consent - Banks’ CEOs 

Uproar as Banks, Telcos introduce charges on the use of USSD code 

Deposit Money Banks (DMBs) in Nigeria have introduced charges on the use of USSD (Unstructured Supplementary Service Data) code for banking services. 
African fast food chains are growing but more work needs to be done

African fast food chains are growing but more work needs to be done

The African continent, particularly in South Africa, is slowly but surely producing and expanding homegrown fast food chains across the globe.
154 failed banks: Insurance corporation commences payment to depositors , NDIC settles over 500,000 failed banks, MFB depositors, Defunct Savannah Bank not yet liquidated – NDIC clarifies , NDIC to use AI, digital technology to tackle emerging threats to banks , NDIC extends insurance coverage to mobile money subscribers, FG moves to capture 80% of Nigerians in formal financial services sector 

NDIC settles over 500,000 failed DMB, MFB depositors 

The Nigeria Deposit Insurance Corporation has disclosed that it has refunded over N526, 414 depositors of closed Deposit Money Banks.
CBN, GTBank, CBN disagrees with IMF, says land border closure boosting local production, Border closure: Emefiele says Benin, others must engage Nigeria before borders are reopened , bvn 2.0, CBN reveals banks’ foreign assets rise to N14.19 trillion in 2019

Yet again! another directive from the CBN

Banks across the country were given a directive from the CBN to cancel any customer requests for purchase of Treasury Bills
GTBank Sponsors 2020 Lagos International Polo Tournament, Buying opportunity as GTB share price falls to 2 year low, GTBank releases 2019 full year audited results, Guaranty Trust Bank Plc to consider a holding company structure, GTBank launches Beta Health, expands access to health insurance for low-income Nigerians

Earnings Pressured by Lower Interest Income

Guaranty Trust Bank (GUARANTY) released its third-quarter result for 2019 in which it reported a slump in gross earnings
Sunday Thomas, Naicom

NAICOM wants to integrate all insurance transactions into an online portal, here’s why 

The acting Commissioner of the National Insurance Commission (NAICOM), Sunday Thomas has announced the launch of a portal that will integrate all insurance transactions
How Federal Government plans to increase VAT to 7.2% affects you

Heads could roll as President Buhari orders for immediate probe of the NDDC 

Nigeria’s President, Muhamadu Buhari, has ordered an immediate forensic audit of the accounts of the Niger Delta Development Commission, NDDC
Minimum wage

FG, NLC agree on new minimum wage percentages 

An agreement has been reached between the Federal Government and the Nigerian Labour Congress (NLC) over the new minimum wage adjustment
Investors lose N713 billion in Nigerian Stock Exchange, Bargain hunting in stock market

GTBank, FBNH, Fidelity Bank lead most traded stocks on Thursday

Thursday’s trading session ended in negative territory as the All-Share Index closed at 26,456.29 basis points, down by 0.06%.
Ghana and south africa, Illicit financial flows: Nigeria lost $157.5 billion between 2003 and 2012 - Buhari , President Buhari says World Bank, IMF data are not reliable, Ahead of Nigeria, Ghana and South Africa top FDI inflows in Africa – Fitch , Nigeria’s Buhari wants MDAs to publicly disclose transactions above N5 million  

Buhari approves N10 billion for the upgrade of Enugu Airport 

President Muhammadu Buhari has announced the approval of N10 billion naira for the reconstruction of Akanu Ibiam International Airport, Enugu. 


Events that shaped FinTech industry in 2019

No distruption to dispute management activities- Interswitch

Interswitch assures that our transaction support operations continue to run without any hitches,

Modion Communications campaigns clinch two highly coveted SABRE Awards

Modion Communications, announced that two of its campaigns have won the SABRE Awards, Africa's most coveted prize in Public Relations
IMF says it can mobilize $1 trillion loan to help countries counter Coronavirus,COVID-19: 10 new cases as total figure rises to 224.

COVID-19: Lagos discharges 5 more patients

The Nigerian Centre for Disease Control (NCDC) has announced 10 new confirmed cases of the Coronavirus infection in Nigeria.  
TEF Entrepreneurship programme and TEF forum postponed till 2021

TEF Entrepreneurship programme, Forum postponed till 2021

TEF to postpone the 2020 TEF Entrepreneurship Programme AND TEF forum until 2021 in response to the current global COVID-19 pandemic,
CBN Cashless Policy: Reps eye reversal, Finance Bill: Reps to hold separate hearing today , 40% of Nigeria’s national budget must be voted to capital expenditure - Gbajabiamila , Why Reps will probe Glo, 9mobile, others, House of Representatives postpones President Buhari’s $22.79 billion loan request indefinitely,COVID-19: House of Reps to consider bill for 2-months free electricity supply

COVID-19: House of Reps considers 2-months free electricity supply bill for Nigerians

The lower chamber of the National assembly is considering a bill that will allow Nigerians to enjoy electricity for two months without any charges.