By Yakubu LAAH InvestAdvocateLagos (INVESTADVOCATE)-Union Bank of Nigeria Plc (UBN) on Friday announced that its card offerings – Visa and MasterCard are now accepted on the PayPal platform. Fatai Baruwa, head of e-business of Union Bank in a Statement made available to InvestAdvocate said “We are glad that PayPal has […]
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CBN Increase Capital Base for Finance Houses to N100 Million
By Yakubu LAAH InvestAdvocateLagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Wednesday said it has increased the minimum capital requirement for finance houses in Nigeria to N100 million from N20 million. This is contained the revised guidelines for finance companies in Nigeria April 2014 by the CBN and posted on […]
Biometric registration of bank customers begins in Lagos
The Central Bank of Nigeria has announced the commencement of biometric registration of bank customers in Lagos. As a result, bank customers in the state will be issued a unique identification number called Bank Verification Number. A statement quoted the Managing Director, Nigeria Interbank Settlement System, Mr. Ade Shonubi, who […]