Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, CON, says the Bank remains committed to realizing the vision of providing Nigeria with a secure, robust and accessible payment infrastructure. Mallam Sanusi disclosed this recently in a keynote address to the CBN/Gartner event held at the Protea Hotel Oakwood Park, Lekki, Lagos.
Dr. Alex Otti, the Group Managing Director/CEO of Diamond Bank, has won the USAfrica Best of Africa 1st International Banker of the Year 2013 award. The trophy was handed to Dr. Otti — on behalf of USAfrica — by the leading candidate for the Mayor of America’s 4th largest city Houston and former city attorney,
The Nigerian National Identity Management Commission (NIMC) and MasterCard today announced at the World Economic Forum on Africa the roll-out of 13 million MasterCard-branded National Identity Smart Cards with electronic payment capability as a pilot program. The National Identity Smart Card is the Card Scheme under the recently deployed National Identity Management System (NIMS). This
The British Council announced the launch of a new online payment system for IELTS (International English Language Testing System) tests in Nigeria. Users can now pay online using their Visa or MasterCard debit or credit cards. IELTS is the world’s most popular English test and is accepted by over 6,000 organizations in 135 countries. Over one
Multi-country study reveals sophisticated payment needs and behaviors of unbanked consumers in developing economies. Preventing theft, ability to send money quickly drives mobile money adoption. Visa Inc. and Fundamo, the Visa-owned mobile money platform, today announced the results of a study that reveals consumers in six developing countries are already highly aware of mobile money
One of the foremost Nigerian financial institutions, Guaranty Trust Bank plc has once again raised the service bar in Nigerian financial institutions with the recent unveiling of its ‘Social Banking’ service on Facebook. The new offering which is the first of its kind by any Nigerian bank allows the public to open GTBank accounts and
