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NDIC, BPSR Collaborate To Enhance Innovative Service Delivery

The Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan, has expressed the readiness of the corporation to partner with the Bureau of Public Service Reforms (BPSR) towards enhancing innovation in the delivery of services to depositors and its other stakeholders. Hassan gave this hint when the Director-General of the bureau, Mr. […]

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SEC Moves To Enhance CSDs’ Interconnectivity For Trading Efficiency

Nigeria Securities and Exchange Commission (SEC) has commenced moves towards the implementation of a framework to strengthen interconnectivity and interoperability among the Central Securities Depositories (CSDs) with a view to enhancing trading and settlement system efficiency in the nation’s bourse. The Commission in a Notice titled: “Interoperability among Central Securities Depositories: Proposed Interoperability/FMI Link Framework”, […]

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Technology: China’s Didi Global Inc Raises $4.4Bn In U.S. IPO

China’s biggest ride-hailer, Didi Global Inc, on Wednesday raised $4.4 billion by pricing its shares at $14 each in its upsized New York initial public offering (IPO), according to public filings According to Dealogic, a financial markets platform offering integrated content, analytics, and technology via a service to financial firms, with the raising of about […]

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Cellulant To Partner Businesses On Digital Payment Drive In Africa

Cellulant, a leading Pan-African payments company has unveiled its new brand identity and re-affirm its commitment to partner with global, regional and local businesses to accelerate payments’ digitization across Africa. The technology firm has over the last couple of years evolved to become more than just a business but an idea and belief that Africa […]

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During TAJBank Limited’s 2nd Annual General Meeting (AGM) Held In Abuja On Thursday

L-R: Founder/Chief Operating Officer, TAJ Bank Limited, Mr. Hamid Joda; Managing Director, Mr Norfadelizan Abdulrahman; Chairman, Alhaji Tanko Isiaku Gwamna; and Company Secretary, Mr. Hamisu Sani; during the bank’s 2nd Annual General Meeting (AGM) held in Abuja yesterday

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2020 AGM: Shareholders Laud TAJBank’s Board, Mgt Over Performance

…..as lender records 471% growth in Profit Before Tax Shareholders of TAJBank Limited, Nigeria’s leading non-interest banking products and services provider, yesterday commended the board and management of the bank for its impressive performance in its first year of operations, promising continued commitment to the realisation of the vision and mission of the innovation-driven lender […]

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UK Crypto Asset Ownership Surges By 21%

Indications that cryptocurrency investment is gaining traction across geo-political zones globally have further been demonstrated as crypto asset ownership in the UK surged by a fifth to 2.3 million people from 1.9 million last year. Findings by the Financial Conduct Authority (FCA), UK financial regulator, showed that awareness about cryptocurrency trading and investments were also […]

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CBN Issues Regulatory Framework For Non-Bank Merchant Acquiring In Nigeria

The Central Bank of Nigeria (CBN), has issued the Regulatory Framework for Non-Bank Acquiring in Nigeria in furtherance of its monetary measures to promote a sound financial system and facilitate the development of electronic payment systems in the country. The apex bank’s Director, Payments System Management Department, Musa Jimoh, in the Notice issued on the […]