CBN makes U-turn on over- the-counter payment
The Central Bank of Nigeria (CBN) on Thursday directed deposit money banks to start over-the-counter payment of new naira to customers, as against its earlier directive to the banks to only…
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ATM
Commuters groan as ATMs run out of cash
Commuters were stranded Wednesday as many Automated Teller Machines (ATMs) in Lagos failed to dispense cash, leaving them cashless for simple transactions like transport.
Several ATMs…
Fidelity Bank introduces cardless ATM withdrawals
The customers of Fidelity Bank Plc can now enjoy increased convenience with their Automated Teller Machine (ATM) transactions as the bank introduces its cardless withdrawal service.
The…
New notes scarcity persists despite CBN order
New naira notes were still hard to get on Monday nearly one month after they entered circulation, with some Nigerians now treating them as collector’s items, findings show.
Many banks…
Inlaks targets service improvement with newly launched technical resource center
Inlaks, an African systems integrator and financial technology solutions provider has launched a new Technical Resource Center (TRC) in Port Harcourt as part of its efforts to enhance…