Guaranty Trust Bank plc was conferred with the 2013 African Bank of the Year Award by the African Banker Magazine at a well attended ceremony on May 29th, 2013 in Marrakech, Morocco. The African Banker Award recognizes financial institutions across the continent that have emerged as industry leaders and continent trend setters, due to good
The Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, CON, has been conferred with the 2013 Africa “Central Bank Governor of the Year” Award by the renowned IC Publications Group, in collaboration with Business in Africa Events, at Marrakech, Morocco. The Central Bank Governor’s Award, which is the third for Sanusi
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
Barclays Bank of Ghana is providing 24-hour access to financial services delivered at the ATM, enabled through NCR Corporation software. Barclays, which has operated in Ghana for more than 95 years, has installed 29 NCR SelfServ 34 ATMs featuring intelligent deposit, allowing Barclays customers to deposit cash without an envelope and get immediate, on-screen validation
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
The management of UT Bank unveiled its new innovation in Banking dubbed, “UT Bank on Wheels” to its shareholders at the Bank’s 2013 Annual General meeting. The service which will be the first of its kind in the banking industry in Ghana is a mobile branch equipped with communications and technology systems to offer real
