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Financial Inclusion
Reaching for the Cloud: Embracing Digital Channels in Cooperative Societies within…
The Covid-19 pandemic has fueled the migration of group interactions to online channels. Virtual meeting platforms such as Zoom, Skype, Microsoft Teams and Google Meets have become an…
Customers are becoming accustomed to digital financial services – EcoBank CEO
The outbreak of the COVID-19 pandemic accelerated digital banking transactions, Ade Ayeyemi, the Group CEO of Ecobank Transnational Inc. (ETI), said.
Ayeyemi made this known on Monday…
Requirements for CBN’s N50bn COVID-19 fund exclude unbanked population
Nigeria’s unbanked adults, numbering over 40 million, do not qualify to access the N50 billion COVID-19 fund by the Central Bank of Nigeria (CBN) due to requirements like Bank Verification…
Investors pump $1.4m into Nigerian Fintech industry in one month
Investors injected $1.4 million into companies in Nigeria’s Fintech industry in April, a sign that venture capital firms see the opportunity that can be tapped from the disruption created by…
Dozie launches new digital ecosystem, Sparkle for savings, payment transactions
Uzoma Dozie, the former Group Managing Director of defunct Diamond Bank has launched Sparkle, a digital ecosystem aimed at providing financial, lifestyle and business support services to…
Nigeria’s financial industry GDP surge by 24% YoY in Q1, highest in 4yrs
While many industries have been disrupted by the outbreak of coronavirus, Nigeria’s financial industry is one of the few that is less hit by the pandemic as the sector reported four-year…
Here’s what Nigeria needs to expand access to digital financial services
The importance of digital financial services for a country like Nigeria which runs a cash-based economy cannot be overemphasized especially at a time when social distancing and contactless…
COVID-19 and financial inclusion in Nigeria (1)
No one envisioned the world would be at a standstill for 6 weeks, much less experiencing a global pandemic; in an unprecedented manner, COVID-19 decided to show up regardless.
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StanChart launches solution for FGN bonds investment on its banking app
Standard Chartered Bank (Nigeria) has increased automation of the treasuries market with the launch of an investment solution on its mobile banking platform that allows investors to buy and…
First Bank records 9.5m customers on its USSD banking service
First Bank, one of the oldest lenders in Nigeria has announced that it’s Unstructured Supplementary Service Data (USSD) has hit over 9.5 million customers.
READ ALSO: Firstbank…