Guaranty Trust Bank plc has announced the launch of its new loyalty scheme exclusively for GTBank credit card holders. The loyalty scheme is in partnership with Avios, the leading global travel rewards company. This initiative is part of GTBank’s overall strategy to bring the best in card products to its customers. It will reward international
The chairman of Nigeria’s Committee of e-Banking Industry Heads (CeBIH) Chuks Iku has announced all banks in Nigeria are taking steps to install anti-scheming devices on their ATMs nationwide, in order to protect them against fraud. “For us as an industry, what we agreed to do is that all banks should have anti-scheming device on
Nigeria’s leading payment card company Verve International has announced the launch of a programme called Verve Rewards for cardholders that make purchases on more than 100 online merchant platforms with their Verve cards. The reward programme covers both online and in-store purchases in which buyers can earn instant discounts and cashback. “An Instant Discount enables
A new platform has been launched in Nigeria to allow online shoppers to purchase products on a buy-now-pay-later basis. PayLater.ng allows users to shop across its growing network of partner stores, which include Afriqbuy.com, SureGifts.com.ng, heels.com.ng and 1500naira.com, while plans are underway to add further stores in the near future. To use the platform, individuals
Vunani and BGL Plc, a Nigerian financial services group, are pleased to announce that they have signed a cooperation agreement whereby they will seek to jointly originate and execute cross border transactions throughout Africa, with West African and Southern African markets being key target markets. In terms of the agreement, the companies will also seek
Ecobank Transnational Incorporated (ETI) has announced the co-option of a new member of the Board of Directors. On Monday 31 March 2014 Hewett Adegboyega O. Benson (48), became a Non-Executive Director, representing AMCON on the board. The appointment of Mr. Hewett Benson brings the total number of members of the Board of Directors of ETI
One of Africa’s largest banking groups, Access Bank Plc, has announced its audited result for the financial year ended December, 2013. An analysis of the results released on the floor of the Nigerian Stock Exchange today validated the Bank’s capacity for sustainable growth. The results showed an increase in the Bank’s deposit base from N1.201
Unified Payment Services Limited, the leading Payments Industry Service Provider announces the introduction of a new service platform, Payarena. Payarena offers customers access to Value Added Services which include purchase of Airtime (Virtual Top Up, Prepaid PINs, Blackberry subscriptions, Data bundle plans etc.) for all Telcos in Nigeria; payment of bills to major service providers
Nigeria has become the largest economy in Africa and 26th largest in the world following the rebasing of its Gross Domestic Product from 1990 to 2010 constant prices. Following the recalculation, the Statistician General of the Federation announced on Friday, April 4 that the country’s GDP emerged at $590.9 billion in 2013 up from $285.56
Freshfons Nigeria and Aten have announced the launch of ATM remote management technology in Nigeria, an all-in-one hardware-based control unit that provides KVM over IP, remote power, aerial console management and virtual media functionality. Aten KN1000 KVM Over the NET offers remote ATM management and support by enabling administrators to access, monitor and repair ATMs
