Money Market

eTRANZACT Deepens Financial Inclusion Through CBN-Funded SANEF Initiative

July 12, 2018 By Onoriode Akusu eTranzact, Africa’s premier e-payments solution provider, is set to deepen financial inclusion by expanding its PocketMoni service with 10,000 active mobile money agents, through the CBN-funded Shared Agent Network Expansion Facility (SANEF) initiative, within the next 24 months.  The SANEF initiative is an effort […]

More Accolades for Leo: UBA Emerges best institution in Digital Banking across Africa

July 12, 2018/UBA Plc Pan-African financial services group, United Bank for Africa Plc, has once again made an addition to its growing list of enviable laurels as it was named Africa’s best bank  in the Digital category at the prestigious Euromoney awards in London. This further lends credence to UBA’s dominance […]

CBN Says Valid Court Order Pre-Requisite for Release of BVN Information

July 11, 2018/CBN Our Circular on the Regulatory Framework for Bank Verification (BVN) Operations and Watch-list for the Nigerian Financial System, referenced BPS/DIR/GEN/CIR/04/010, dated October 18, 2017, refers.  Section 1.6 of the Framework: Eligibility for Access to the BVN, which states that, “The following entities may have access to BVN […]