Banking: New Cheque Standard Becomes Fully Operational From Today

Effective today, 1st April 2021, a new cheque standard becomes fully operational in Nigeria’s banking sector as directed by the Central Bank of Nigeria, CBN. In the last few weeks, …

Read More

Ecobank Wins Starsight Sustainability 2020 Award

Ecobank Nigeria has renewed its commitment to invest in energy efficiency, by incorporating the use of renewable energy products and practices as well as design architecture for energy efficiency in …

Read More

NQR Payment Solution Will Encourage Contactless Payments – Ecobank MD

The Managing Director/CEO of Ecobank Nigeria, Mr. Patrick Akinwuntan, has commended the Nigeria Inter-Bank Settlement System (NIBSS) on the introduction of the Nigeria Quick Response (NQR) code payment solution. Akinwuntan …

Read More

Access Bank Guarantees Customers One Business Day Reversal of Failed Transactions

Customers of Access Bank whose transactions fail have been guaranteed reversal of such transactions within one business day. In the event that the reversal time exceeds one business day, affected …

Read More

Super Rewards, The Ecobank Way

Ecobank Nigeria has launched a Super Rewards Promotion in which 50 of its customers will receive N25,000 every week. In addition, four customers are to be paid One Million Naira …

Read More

Matriculation & Oath-Taking At The NDA – The New Faces Of Nigeria’s Military

Two related major events took place at the nation’s premier military academy – the Nigerian Defence Academy – in Kaduna, last week. The first was the matriculation of Cadets of …

Read More

USSD, Telcos & Banks – What Adds Up, What Doesn’t

Have you tried to dial the USSD – the Unstructured Supplementary Service Data – to transact banking or telecommunications business, today? I have tried; the first time, I repeatedly tried …

Read More

We Are The Partner Of Choice For Export Trade  – Ecobank

Ecobank has reiterated that it remains the partner of choice in Africa for export trade. This is because of its unique positioning, wide network, pan-African payment switch, settlement capabilities, award …

Read More

Nigerian Banks and Telcos USSD Storm

It will be a big shame if by Monday 15th March 2021, banks and telecommunications companies have not resolved their issues over the debt owed the Telcos by the financial …

Read More

CBN’s ‘Naira-4-Dollar’ Scheme Takes Off

The Central Bank of Nigeria’s ‘Naira-4-Dollar’ Scheme for diaspora remittances took off today. The scheme provides that recipients of diaspora remittances through CBN’s International Money Transfer operators, IMTOs will be …

Read More