Money Market

The Four Trends Driving the Credit Card Loyalty Landscape

23/10/2018/Mastercard Trisha Asgeirsson Consumers have a vast selection of credit card options today, all seemingly a boundless sea of sign-up bonuses and point accelerators. How do you stand out and become top-of-wallet? Loyalty programs play an essential role in the cardholder value proposition. By providing loyal cardholders with points, offers, […]

CBN Says Additional Template Introduced to the Redesigned CRMS

October 23, 2018/CBN The CBN Circulars on the redesigned CRMS — Notice Of Commencement Of Compliance Status Checks (Ref No: FPR/D1R/GEN/CIR/07/002; dated June 6 2018), and Notice Of Regulatory Breach – Discrepancy Between FiNA (Total Value Of Loans And Advances) And Crms (Total Value Of Outstanding Balances) As AT 30th […]

CBN Says New Capital Base for National Microfinance Banks Now N5.0 Billion

October 23, 2018/CBN Given the role of microfinance banks in economic growth and development, the Central Bank of Nigeria (CBN) introduced the Microfinance Policy, Regulatory and Supervisory Framework on December 15, 2005 (revised in 2011). The key focus of the policy was, among others, to increase financial inclusion rate in […]