* New technology allows big banks to target the poor * More than 2.5 bln people do not have bank account * Achieving scale remains a problem in fragmented market When the Afghan government used mobile phones instead of cash to pay some of its policemen, the officers thought […]
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DMO to Auction N75bn Bonds this Week
The Debt Management Office (DMO) will on Wednesday auction federal government bonds valued at N75 billion. A breakdown of the debt instruments, which are all reopening, showed it comprises of 20-year, 10% FGN Jul 2030 paper worth N35 billion and a three-year, 13.05% FGN Aug 2016 debt worth N40 billion. […]
NDIC Plan Cover for Mobile Banking-Ibrahim
By Peter OBIORA InvestAdvocate Wednesday December 04, 2013 Uyo (INVESTADVOCATE)-The Nigeria Deposit Insurance Corporation (NDIC) Wednesday said it will provide insurance cover for mobile banking customers from 2014. Umaru Ibrahim, Managing Director/Chief Executive Officer (MD/CEO) of the Corporation made this disclosure at a question and answer session after […]
