Online News Magazine
Online News Magazine
The MSECB, a leading international provider of Audit and Certification Services has granted the Nigeria Deposit Insurance Corporation (NDIC) three ISO certifications namely: Information Security Management System ISO/IEC 27001:2013 (on how organizations manage and protect their information assets so that they remain safe and secure, using this robust framework) Also, IT Service Management System ISO/IEC […]
…..Despite Global Economic Challenges UBA Plc, known as Africa’s Global Bank, has announced its audited financial results for the half-year ended June 30, 2023. The bank showcased a stellar performance across its major income lines, reporting impressive double and triple-digit growth. Despite the challenging global economic climate and geopolitical uncertainties in Africa, UBA Group recorded […]
Africa’s Global Bank, United Bank for Africa (UBA), has said that stakeholders need to come together to checkmate growing threats to the country’s digital payment system. The Head of Digital Banking at UBA, Olukayode Olubiyi stated this while speaking on the topic titled ‘Unlocking the Future of Payments’ at the 2023 annual conference of the […]
Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to put the continent’s diversity and rich culinary traditions on the centre-stage with the highly anticipated ‘Tastes of Africa Food Festival. The UBA Tastes of Africa Food Festival is a vibrant celebration of the continent’s cuisine, culture, and diversity as it reflects its remarkable […]
The Nigeria Deposit Insurance Corporation (NDIC) says it has concluded plans to pay all depositors of the failed Peak Merchant Bank their liquidation dividend. A statement issued on Monday by Bashir Nuhu, the NDIC Director of Communication and Public Affairs, enjoined all eligible stakeholders of the bank to visit any NDIC office or visit NDIC […]
(1) L-R: Idris Salihu ,Head of Corporate Services Development Bank of Nigeria (DBN), Chima Titus Nwokoji, National Chairman, Finance Correspondents Association of Nigeria ( FICAN), Olukayode Olubiyi Head, Digital Banking, United Bank for Africa, Bashir A. Nuhu, Director, Communication & Public Affairs Nigeria Deposit Insurance Corporation (NDIC), Bola Enigbokan Divisional Head Enterprise Support, Nigeria Interbank […]
The Nigeria Communication Commission (NCC) stressed the importance of a multidimensional collaboration in enhancing the country’s payment system. The Vice Chairman of NCC, Prof Umar Danbatta, said this at the 2023 annual conference of the Finance Correspondent Association of Nigeria (FICAN) with the theme “Strengthening Digital Infrastructure for Efficient Innovative Payment System in Nigeria, held […]
President Bola Tinubu has approved the nomination of Dr. Olayemi Michael Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending his confirmation by the Nigerian Senate. This directive is in conformity with Section 8 (1) of the Central […]
The Central Bank of Nigeria issued a directive instructing commercial banks to refrain from utilizing their foreign exchange revaluation gains for dividends and operational expenditures. The new directive was conveyed in a letter dated September 11, 2023, signed by the Director, Banking Division Department, Haruna Mustafa, and it is expected to be implemented immediately. FX […]
The Acting Governor, Central Bank of Nigeria, (CBN), Mr. Folashodun Shonubi; Executive Vice Chairman, Nigerian Communications Commission (NCC), Prof. Umar Danbata, and the Managing Director/CEO, Nigeria Deposit Insurance Corporation (NDIC), Mr Bello Hassan, are among the dignitaries that will grace the 2023 Conference of the Finance Correspondents Association of Nigeria (FICAN) holding in Lagos next […]
