Money Market

KPMG Nigeria sees significant growth in mobile banking

31/10/2016/Punch ’Femi Asu KPMG Nigeria has described the improvement in mobile banking in the country as significant, attributing it to investments made by banks. The professional service firm stated this during the presentation of its 2016 Africa Banking Customer Satisfaction Survey in Lagos. According to the report, 42 per cent […]

Naira Firms Against The Dollar

Culled–The will October 28, 2016/NAN The Naira on Friday appreciated against the dollar at the official interbank market. The Nigerian currency gained 50k to exchange at N304.50, from N305 posted on Thursday. At the Bureau De Change Segment of the market, the naira closed at N385 CBN controlled rate, while […]

Update: Banks to Link Accounts to Tax identification Number

By InvestAdvocate Lagos (INVESTADVOCATE)-Henceforth Nigerian Banks are required to link individual customer’s account to their Tax Identification Number (TIN). “In line with regulatory requirements and to ensure continued access to your bank account, we request that you update your account with your tax Identification Number (TIN). The Tax Identification Number […]