Ourpass transits from one-click checkout services into business banking
Olivia Nnorom
April 13, 2023
By Olivia Nnorom Nigerian digital commerce startup, Ourpass, has rebranded its one-click checkout services into a global neobank for
CBN to set up offshore banking in free trade zones to boost investments
Rosemary IwualaDecember 7, 2022
By Rosemary Iwuala The Central Bank of Nigeria (CBN), in collaboration with the Free Trade Zone Authority (FTZA), has
NDIC assures depositors of defunct Fortis MFB of getting their insured funds
Aderemi OjekunleAugust 17, 2020
BY: Moses olajuwon Obajemu The Nigeria Deposit Insurance Corporation (NDIC) yesterday vowed to protect the interest of
Nigeria’s banks not getting fair deal from regulators during pandemic-Fitch
Aderemi OjekunleAugust 17, 2020
BY: Moses olajuwon Obajemu Leading global rating agency, Fitch Ratings, has said the Central Bank of Nigeria punishes rather
China, U.S to produce 65% of all digital payments as market hits $4.4trn in 2020
Charles AbuedeJuly 29, 2020
Charles Abuede Digital payments, the biggest income wellspring of the worldwide Fintech market, are set to hit $4.4 trillion in
Nigerian banks to face rising cost, revenue shortfall-analysts
Businessam StaffJuly 29, 2020
The picture is not rosy for Nigerian banks at the moment as analysts have predicted a big hit to revenues and rising borrowing costs
Nigeria consumers pay N444.2bn on utility, subscription in 5 months using digital channels
Charles AbuedeJuly 28, 2020
Charles Abuede Payments of utility bills and subscriptions for various digital channels cost Nigerians and foreigners living in
Debt recoveries, write offs, others boost banks’ assets, non-performing loans down to N1.2tn
Businessam StaffJuly 28, 2020
The various prudential rules laid down for banks by the Central Bank of Nigeria are producing the desired results as the portfolio of
Banks collaborate on reducing bad loan portfolio
Businessam StaffJuly 14, 2020
Banks in the country have signed on board a scheme designed to reduce the incidence of bad loans in the industry. The disclosure is
How wearing face mask can cause your ATM transactions to fail– Banks
Businessam StaffJuly 9, 2020
In this era of the Coronavirus pandemic, wearing a face mask may cause bank customers unable to withdraw money from their accounts