Money Market

CBN Unveils Processes for Linking BVN with Customer’s Account

By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria said on Wednesday it had rolled out the processes for linking the Bank Verification Numbers (BVNs) with customer’s account such that the customer does not necessarily have to physically visit the banks for the linkage. This is contained in a circular dated […]

FCMB, NetPlus sign e-payment agreement

First City Monument Bank Limited and NetPlus have signed an electronic payment agreement that will lead to the provision of e-business settlement support for merchants and other interests in the country. NetPlus, an indigenous e-commerce and e-payment company, had earlier in the year introduced a payment gateway, which leverages Internet […]

Bisi Onasanya to Exit FirstBank Group in December

May 27,2015/FBNH Mr. Bisi Onasanya is set to retire at a high point of his career as Group Managing Director/Chief Executive Officer, First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc and Nigeria’s most valuable banking brand, at the successful completion of his tenure. His retirement takes effect […]