September 9, 2021/Edelman Johannesburg, 09 September 2021 – Over the years South Africa has earned global recognition for its robust financial infrastructure systems and institutions that it has built with the vision of building a democratic country. This vision has been brought to life through the deliberate frameworks of black […]
Money Market
CBN Instruct Banks and Payment Service Providers to Dis-Aggregate Bulk Payment
September 8, 2021/CBN The Central Bank of Nigeria (CBN) has noticed the inherent problems associated with the processing of bulk transfers by banks and payment service providers (PSPs). Currently, originating banks and PSPs pass a single debit entry through the initiating customer’s account and multiple credits to beneficiaries without adequate […]
FirstBank Launches LIT APP, a Revolutionary Mobile Banking Application
——Reinforces Its Commitment to Puts Customers First September 8, 2021/FirstBank of Nigeria In furtherance of its commitment to spearhead value-driven mobile and digital banking in Nigeria, First Bank of Nigeria Limited has announced the launch of the LIT Application, created to revolutionise the culture and experience of mobile banking in Nigeria. […]
