A survey by Visa Incorporated, a global payment technology company, has stressed the importance of financial inclusion, saying that it will help improve the quality of life of people. The firm, which stated this in its mobile money research, pointed out that financial inclusion would make financial transactions safer, convenient […]
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UBA migrates to commercial banking structure
United Bank for Africa Plc has secured the approval of the Securities and Exchange Commission to operate as a commercial bank. The bank, subsequently, will hold a court-ordered meeting to obtain the approval of shareholders for the restructuring. A statement by the bank on Friday said all non-commercial banking businesses […]
Concerns as mixed reactions greet Nigeria’s positive credit ratings
Nigeria may have received positive international recognition from famous financial ratings firms, yet analysts are worried that its citizens are not living the good life expected of an economically progressive nation. OKECHUKWU NNODIM reports The recent BB-credit ratings given Nigeria by two renowned international ratings agencies, Fitch Ratings and Standard […]
