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Image for FirstBank has processed N6trn transactions through FirstMonie network — Adeduntan
FirstBank has processed N6trn transactions through FirstMonie network — Adeduntan

23/08/2020 09:18:21

Dr Adesola Adeduntan, FirstBank Chief Executive Officer, disclosed this on Thursday, at the bank’s FinTech Summit 4.0 webinar in Lagos. The 2020 edition of the summit, was themed; “How Blockchain and Artificial Intelligenc..

Image for EXPLAINER: CBN’s new GSI Policy: What bank customers need to know
EXPLAINER: CBN’s new GSI Policy: What bank customers need to know

23/08/2020 09:17:30

On August 1, a new policy that will deny serial bad debtors any cover to operate went live in the Nigerian banking system. The Central Bank of Nigeria (CBN) says the Global Standing Instruction (GSI) policy will facilitate im..

Image for E-bills payment rises by 86%, reaches N444.16bn
E-bills payment rises by 86%, reaches N444.16bn

23/08/2020 09:16:39

The payment of bills electronically almost doubled from January to May this year, compared with the same period in 2019. Analyses of the latest data from the Nigerian Interbank Settlement Scheme indicated that the use of d..

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