President Bola Tinubu has approved the appointment of Dr. Aminu Maida as the new Executive Vice-Chairman/CEO of Nigerian Communications Commission (NCC). Maida’s appointment was contained in a Press Release issued on Wednesday by the President’s Special Adviser on Media and Publicity, Chief Ajuri Ngelale. The new NCC’s EVC/CEO holds an M.Eng in Information Systems Engineering […]
The Securities and Exchange Commission (SEC) Nigeria announced that the newly redesigned electronic Dividend Mandate Management System platform would be inaugurated on July 31. The e-DMMS portal utilises the Nigeria Inter-Bank Settlement System Plc robust Document Management System to which completed e-Dividend Mandate Forms filled by the investor could be uploaded. The commission’s Director-General, Mr […]
…..says 45% Nigerian adults without bank accounts The Central Bank of Nigeria (CBN) yesterday unveiled the Unstructured Supplementary Service Data (USSD) code for the eNaira, the nation’s digital currency. The bank, in a tweet, assured that the code, *997#, would help deepen financial inclusion as all transactions can be accessed through the channel. The CBN […]
TAJBank, Nigeria’s most innovative non-interest bank, has announced the deployment of the NQR Payment solution, an indigenous Quick Response Code by NIBSS, for merchants and customers as the newest addition to its innovative e-business channels. The NQR Payment solution is a secure QR-code-based payments and collections platform developed for merchants and customers to receive and […]
The Nigeria Inter-Bank Settlement System Plc (NIBSS) has reported that Nigerian banks recorded over N5 billion loss to fraudsters between January and September 2020. The figure was contained in the just published NIBSS Insight Report titled ‘Fraud in the Nigerian Financial Services’. The NIBSS reported that on a global scale, fraudulent activities resulted in losses […]