Money Market

Lending Still Possible During COVID-19 Using CRC Credit Bureau’s Automated Service

April 26, 2020/CRC Credit Bureau CRC Credit Bureau is making lending easier for financial institutions who have automated their lending applications via an Application Program Interface (API). With CRC’s API, lenders and other credit granters can continue to grant loans and postpaid services via an automated process by accessing CRC’s […]

E-Payments, a Beneficiary of the Virus

Culled—Proshare April 23, 2020 By FBNQuest Research                                                                                The latest data from a NBS series, produced in collaboration with the CBN, reveal that 894 million transactions valued at N49trn were recorded on electronic payment channels in Q4 2019. NIBSS instant payments (NIP) dominated with a volume of 343 million. […]

FirstBank Stays Ahead of COVID-19, Keeps Faith with Customers

April 22, 2020/FirstBank of Nigeria Amid shuttering of social activities especially commercial services, through various lockdown measures to contain the coronavirus pandemic, FirstBank has proven that as long as its customers require services, the Bank will be waiting right in front of them. As key enablers of the economy, banks are providers […]