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 […]

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 […]

United Bank for Africa (UBA) Plc has introduced twitter based transaction alerts for customers. The bank has announced   that customers will now have the option of receiving transaction alerts in their Twitter direct messages inbox. Before now customers can only receive transaction alerts as text messages on their mobile phones and […]