Money Market

CBN puts MSME financing gap at N9.6tn

The Central Bank of Nigeria has put the funding gap for the Micro, Small and Medium Enterprises sector at N9.6tn. The Assistant Director, Development Finance Department, Mr. Jonathan Tobin, gave the figure while speaking at the MSME development fund workshop organised by the Bankers Committee in Abuja. He said based […]

Firstmonie Partners MMIT to Facilitate International Payments in Nigeria

August 31, 2015/First Bank of Nigeria Ltd Firstmonie, the mobile money platform of First Bank of Nigeria Limited, has partnered with Mobile Media Info Tech Global Limited (MMIT) to commence a new mobile wallet capability that allows consumers to purchase services on international merchant websites. This initiative is the first […]

Keystone Bank gets global information security certification

Keystone Bank Limited says it has obtained global certification on information security management. Specifically, the lender said it had received two certifications from the International Organisation for Standardisation. The certifications are: the ISO 20000 for IT Service Management Systems and the ISO 27001 for Information Security System. According to a […]