October 29, 2019/Temenos Temenos AG (SIX: TEMN) (www.Temenos.com), the banking software company, today announced that Consolidated Bank Ghana Limited (CBG) has gone live with Temenos T24 Transact, the next generation in core banking, to power its operations for retail and corporate banking. Temenos’ cloud-native, cloud-agnostic platform will empower CBG to […]
Money Market
GTBank Removes All Bank Charges For Young Undergraduates On Its GTCRea8 Account Product
October 28, 2019/jspcommunications If you are an undergraduate, between the ages of 16-25, then you can now bank for free with Guaranty Trust Bank (GTBank). The leading, youth-focused, financial institution has announced that it will cover all charges on transfers, USSD transactions and bank alerts for holders of its GTCrea8 […]
Possible Implications of CBN’s OMO Ban
Culled—Proshare October 25, 2019 by CardinalStone Research The Central Bank of Nigeria (CBN) recently announced the exclusion of non-bank locals (individuals and corporates) from participation in its Open Market Operations (OMO) at both the primary and secondary market. The exclusion implies that only Deposit Money Banks (DMBs) and Foreign Portfolio […]
