A total of 76 per cent of business transactions in Lagos is done using cash-less facilities provided by the Central Bank of Nigeria, a survey by the Lagos Chamber of Commerce and Industry has revealed. The survey, which was contained in the Cash-less Lagos Report made available to our correspondent […]
Author: InvestAdvocate
Mobile money will improve living standards –Visa
A survey by Visa Incorporated, a global payment technology company, has stressed the importance of financial inclusion, saying that it will help improve the quality of life of people. The firm, which stated this in its mobile money research, pointed out that financial inclusion would make financial transactions safer, convenient […]
UBA migrates to commercial banking structure
United Bank for Africa Plc has secured the approval of the Securities and Exchange Commission to operate as a commercial bank. The bank, subsequently, will hold a court-ordered meeting to obtain the approval of shareholders for the restructuring. A statement by the bank on Friday said all non-commercial banking businesses […]
