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Mobile Banking: BNP Paribas, Orange Open New Retail Services in Africa

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Retail banking firm BNP Paribas Group and World’s leading telecoms operator Orange on Monday said they have partnered to open new retail banking services in Africa with Orange Money. Orange in statement made available to InvestAdvocate said retail banking customers in Africa will henceforth have […]

CBN Goes Tough on Employment in Banking Industry

As part of efforts to prevent the recycling of workers that had been indicted, terminated or dismissed for fraud and other acts of dishonesty within the banking industry, the Central Bank of Nigeria (CBN) has developed a database of employees in the industry. The Deputy Governor, Financial System Stability, CBN, […]

Mobile Payments Value Surpasses N139 Bn-NDIC

The Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, has said the transaction volume and value of mobile payments stood at 14,947,600 and N139.6 billion respectively as at December 31, 2013. The NDIC CEO, speaking at a Roundtable on Mobile Payment Services in Nigeria organised by […]