OROBO and OpenWay to Power Cross-Border Money Transfers to West Africa

Posted on by Staff Writer | 7417 Views | 10 min read

OROBO, the newly-launched money transfer platform from Saana Holdings, is opening up cross-border remittance and bill-payments into Nigeria, Ghana, Kenya, Serria-Leone and supporting financial inclusion in West Africa. The WAY4 digital payments platform provided by OpenWay, a top-ranked digital payments software solution provider, will become the technological backbone of this innovative remittance service. OROBO facilitates

Zenith Bank Partners Facebook and Mastercard to Pioneer QR Payments on Facebook Messenger

Posted on by Staff Writer | 3495 Views | 5 min read

Zenith Bank has confirmed that it is in a strategic partnership with Facebook and Twitter to launch a Masterpass QR bot for Facebook messenger, that will enable Nigerian businesses set up digital accounts and accept QR payments. QR Payments (Quick Response Payments) will allow individuals and small business make and receive payments in real time

FirstBank CEO, Adesola Adeduntan named African Banker of the Year

Posted on by Staff Writer | 3332 Views | 6 min read

Dr. Adesola Adeduntan, the Managing Director/CEO of First Bank of Nigeria Limited & Subsidiaries, has been named the African Banker of the Year in the African Leadership Magazine Persons of the Year Award which took place in Johannesburg, South Africa on Saturday, February 24, 2018. He was also inducted into the African Leadership CEOs Hall

Lagos State Partners with Interswitch to Provide Omni-channel Digital Payment Solutions

Posted on by Staff Writer | 3306 Views | 20 min read

As part of the Lagos State Government’s strategic vision to embrace a digital future through the adoption of innovative technology and processes across all spheres of governance and public-sector service delivery, the Executive Governor of Lagos State Mr. Akinwunmi Ambode announced on Monday, February 19 that effective from the 1st of March 2018, the State

Mastercard and M-KOPA Unveil Payment Technology to Extend pay-as-you-go Solar Program in Africa

Posted on by Staff Writer | 6732 Views | 12 min read

Mastercard and M-KOPA have entered into a partnership that will provide Africans living without electricity a simple way to light up their homes and businesses. M-KOPA, which already provides affordable, safe and clean energy to 3 million people in East Africa, will pilot Mastercard’s Quick Response (QR) payment technology in Uganda to extend the reach

FirstBank ATMs Account for 37 Percent of Bill Payments on ATMs in Nigeria

Posted on by Staff Writer | 3606 Views | 11 min read

First Bank of Nigeria Limited, Nigeria’s most valuable bank brand has again validated its leadership position with the efficiency and creativity of the Bank’s Automated Teller Machines (ATMs) as it presently accounts for 37 percent of bills payment services on ATMs in Nigeria’s banking industry. In 2017, about 402,102 bill payments were made through the

FirstBank Processes over N1 Trillion on its 894 Quick Banking Channel

Posted on by Staff Writer | 3347 Views | 10 min read

First Bank of Nigeria Limited has recorded giant strides in its Financial Inclusion services delivery, via its 894 quick banking, a USSD based channel that enables customers to access banking services using any type of phone and without data/internet. The 894 banking scheme, which is the fastest growing USSD scheme in the market, grew by

FirstBank: Recognition of Relevance with Accolades

Posted on by Staff Writer | 3210 Views | 16 min read

First Bank of Nigeria Limited, in the financial year 2017 received an avalanche of awards in recognition of its activities and interventions in various sectors in the financial services industry. The awards epitomize the Bank’s sustained relevance to its customers and the nation at large for 124 years. FirstBank was named the ‘Most Valuable Bank

Union Bank of Nigeria Announces Changes to its Board of Directors

Posted on by Staff Writer | 3157 Views | 9 min read

Union Bank of Nigeria Plc (Union Bank) has announced changes to the membership of its Board of Directors with the retirement of an Executive Director, Mr. Ibrahim Kwargana and the resignations of Non-Executive Directors, Engr. Mansur Ahmed, Chief Dr. (Mrs.) Onikepo Akande and Mrs. Arina McDonald in October 2017. Mr. Kwargana’s retirement comes after 33

ProvidusBank Provides Customers with Access to the Exclusive World Elite Mastercard Service in Nigeria

Posted on by Staff Writer | 3436 Views | 12 min read

ProvidusBank launches the World Elite Mastercard offering in Nigeria, providing affluent consumers and frequent travelers with a range of priceless travel benefits and lifestyle privileges both at home and abroad. This is the first launch of World Elite Mastercard in Sub-Saharan Africa. During an impressive launch ceremony held in Lagos over the weekend, Managing Director/CEO,