Banking
Ourpass transits from one-click checkout services into business banking
By Olivia Nnorom Nigerian digital commerce startup, Ourpass, has rebranded its one-click checkout services into a global neobank for businesses…
NDIC assures depositors of defunct Fortis MFB of getting their insured funds
BY: Moses olajuwon Obajemu The Nigeria Deposit Insurance Corporation (NDIC) yesterday vowed to protect the interest of depositors of…
Nigeria’s banks not getting fair deal from regulators during pandemic-Fitch
BY: Moses olajuwon Obajemu Leading global rating agency, Fitch Ratings, has said the Central Bank of Nigeria punishes rather…
China, U.S to produce 65% of all digital payments as market hits $4.4trn in 2020
Charles Abuede Digital payments, the biggest income wellspring of the worldwide Fintech market, are set to hit $4.4 trillion in…
Nigerian banks to face rising cost, revenue shortfall-analysts
The picture is not rosy for Nigerian banks at the moment as analysts have predicted a big hit to revenues…
Nigeria consumers pay N444.2bn on utility, subscription in 5 months using digital channels
Charles Abuede Payments of utility bills and subscriptions for various digital channels cost Nigerians and foreigners living in the…
Debt recoveries, write offs, others boost banks’ assets, non-performing loans down to N1.2tn
The various prudential rules laid down for banks by the Central Bank of Nigeria are producing the desired results as…
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