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Banking and Finance

We only used premiership as main stay content – Hitv boss

HITV was never set up to sell football only, it was circumstances that led us using football at inception as our main stay content, ... Full story

CBN considers imposing limits and charges on cash lodgements

The Central Bank of  Nigeria (CBN) is considering imposing limits and charges on cash lodgements as part of measures to discourage use of ... Full story

NCR introduces new trends in ATM management

NCR Nigeria Plc has introduced a number of cutting edge security and dispute management solutions for Automated Teller Machines (ATM) that will enable ... Full story

Can SIM registration curb mobile payment fraud?

A major challenge before the Central Bank of Nigeria (CBN) and the 16 mobile payment licensees is how to prevent the use of mobile payment services for criminal activities. This however requires an acceptable standard of verifying the identity of mobile payment users so as to ensure adherence to the Know Your Customer (KYC) requirement. The ongoing SIM registration by the Nigerian Communication Commission (NCC) is seen as potential solution to this challenge. Electronic payment experts and regulators gathered at the eNNOVATORs Breakfast series agree that while SIM registration has crime prevention benefits for mobile payment, it also has its limitations, Babajide Komolafe writes. ... Full story

Nigerians and money illusion economy

The Central Bank of Nigeria, CBN disclosed recently that the desire of the Federal Government to earn more volume of naira is responsible ... Full story

Mining and Nigeria’s 2020 Goals Part 1

Nigeria, which contributes three percent of the world’s oil production, aspires to be among the world’s 20 richest countries come 2020.  While one ... Full story

The Central Bank of Nigeria, CBN, headquaters, Abuja

Eight rescued banks carry deposit risk of N3.06 trn

Two years into the Central Bank of Nigeria’s intervention in eight ailing banks in the country, signs are that no improvement has been ... Full story

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Wakajugbe Bambulu

An untiring Netizen information persona, gathering and aggregating every news items as relates to business in nigeria, politics,policy and all related fields. Apptly described an the as the business 'internet wakajugbe'