Money Market

Jaiz Bank Names Abdulfattah Olanrewaju Amoo as ED, CFO

October 3, 2017/NSE This is to notify the Nigeria stock Exchange and the public that the Board at its meeting of 26th July, 2017 approved the appointment of Mr. Abdulfattah Olanrewaju Amoo as Executive Director, Operations and Chief Finance Officer (ED OPS & CFO) of the Bank subject to the […]

Ecobank launches mVisa across 33 African Countries

October 2, 2017/Ecobank Ecobank  has partnered with Visa to launch Ecobank Scan+Pay with mVisa solutions to their consumers. The strategic tie-up signals interoperability on a cross border level – and potentially huge gains – as it affords consumers with the ability to use their mobile phone to directly access the […]

CBN stops banks from taking charges on bulk transfers

October 2, 2017/The Nation Collins Nweze Commercial banks can no longer take Short Message Service (SMS) charges on bulk bank transfers done through the Real Time Gross Settlement (RTGS), The Nation learnt at the weekend. The RTGS is an interbank funds transfer system on “real time” basis and “gross”. Settlement […]