GTBank Launches GTPatriot, a Subsidized Banking Package for Nigeria’s Military

Posted on by Staff Writer | 3117 Views | 9 min read

Guaranty Trust Bank plc, has launched GTPATRIOT, a unique Salary Account Package which offers Nigeria’s servicemen and servicewomen subsidized banking products and dedicated value added services. The GTPatriot Account allows serving members of the Military and Paramilitary institutions to open accounts with zero minimum balance whilst offering reduced Current Account maintenance fees and access to

Driving Inclusion And Convenience With Quick Banking

Posted on by Staff Writer | 3050 Views | 10 min read

As the banking business evolves, First Bank of Nigeria Limited has remained committed to empowering the Nigerian populace with the *894# Quick Banking service as part of its financial inclusion drive. The service is set to deliver the power to bank anywhere and at anytime. It is quick, convenient and easy to use and beneficiary

The African Development Bank To Work With African Central Banks To Increase National Savings

Posted on by Staff Writer | 4582 Views | 16 min read

The African Development Bank (AfDB) and the Governors of Central Banks in Africa have resolved to strengthen cooperation on a range of issues to curb illegal financial outflows, bolster measures to improve tax collection and exchange information to improve monitoring of domestic financial markets. The AfDB has also agreed to work with the Governors of

PayU Moves To Connect Businesses To N200bn Online Payment Market

Posted on by Staff Writer | 2943 Views | 12 min read

PayU has rolled out strategies to intensify efforts to connect businesses to Nigeria’s online payment market. Annual online payments in Nigeria is estimated to surpass N200 billion this year from N167 billion in 2016. Country Manager of PayU Nigeria, Ms Juliet Nwanguma, says, “In order to pursue PayU’s aggressive expansion in the online payment market

Delivering Cashless E-commerce In Africa

Posted on by Staff Writer | 3244 Views | 13 min read

Africa’s online retail sector presents an exciting opportunity for retailers to grow their businesses by connecting with new customers. According to Jumia, Africa’s number one online retailer, the e-commerce sector must focus on delivering a stronger consumer experience if it is to reach its full potential of developing into a $50 billion industry by 2018.

First Bank of Nigeria Improves Online Banking Capabilities

Posted on by Staff Writer | 2901 Views | 6 min read

Nigeria’s most valuable bank brand, First Bank of Nigeria Limited has officially announced the launch of its refreshed and user-friendly website. The new website is adaptive and responsive and has a multi-real estate billboard homepage with one-click access to information. The website is feature rich with mortgage and loan calculators, a currency converter and a

Ecobank Group And Mastercard Recognised At African Banker Awards

Posted on by Staff Writer | 3204 Views | 11 min read

The strategic partnership between the Ecobank Group and Mastercard was recognised at the 2017 African Banker Award for delivering ‘Innovation in Banking’. The landmark deal between both organisations was signed in 2016 and focused on financially empowering 100 million new customers in Africa by 2020, through access to the Ecobank Mobile App supported by Masterpass

Ecobank Signs Agreement With OiLibya For Distribution Of Digital Financial Services

Posted on by Staff Writer | 3094 Views | 11 min read

Ecobank Transnational Incorporated the parent company of Ecobank, the Pan-African banking group has signed an agreement with OiLibya, the Pan-African oil and gas downstream company, for the distribution of digital financial services. The contract empowers OiLibya teams to distribute a variety of digital financial services across the continent in partnership with Ecobank in accordance with

Ecobank Signs Agreement With OiLibya For Distribution Of Digital Financial Services

Posted on by Staff Writer | 2997 Views | 11 min read

Ecobank Transnational Incorporated the parent company of Ecobank, the Pan-African banking group has signed an agreement with OiLibya, the Pan-African oil and gas downstream company, for the distribution of digital financial services. The contract empowers OiLibya teams to distribute a variety of digital financial services across the continent in partnership with Ecobank in accordance with

Going Cashless in Cameroon Made Easy with Launch of the UBA Debit Mastercard

Posted on by Staff Writer | 6749 Views | 13 min read

United Bank for Africa (UBA) announced the rollout of the Debit MasterCard card in Cameroon in support of financially empowering all citizens. Focused on displacing cash, the electronic payment solution will deliver a quick, convenient and secure payment alternative for all citizens – instantly. In line with its strategic vision, UBA is introducing innovative payment