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New Zealand”s Financial Markets Authority Commentary On ICOs And Cryptocurrencies

Culled—Proshare October 25, 2017/Mondo The Financial Markets Authority (FMA) has published commentary on initial coin offers (ICOs) and cryptocurrency services alongside online resources for investors.    Innovation is increasingly shaping financial services and regulators globally… Read more »

Money Supply in Nigeria Drops Further

Culled—Proshare 23/10/2017/FSDH The growth rate in money supply (narrow money and broad money) as at August 2017 dropped below the target that the Central Bank of Nigeria (CBN) sets for… Read more »

CBN Directs Banks to Enforce Mandatory Use of GIFMIS Revenue Reference Number

October 24, 2017/CBN Further to our circular referenced BSPD/DIRGEN/CIR/04/009, dated 25th September 2017, requesting all Deposit Money Banks (DMBs), to enforce the mandatory use of the GIFMIS Revenue Reference Numbers… Read more »

Heritage Bank storms Lagos Comic 2017, allays fear of creative artists over finances

October 24, 2017/Heritage Bank Ltd The creative artistes, who participated in this year’s edition of Lagos Comic Con, got a booster from Heritage Bank Plc as the financial powerhouse allayed… Read more »

FOREX: CBN Consolidates Market Stability With $195m

Culled—Proshare October 23, 2017/CBN  The Central Bank of Nigeria (CBN) on Monday, October 23, 2017, injected the sum of $195million into the inter-bank Foreign Exchange Market. Figures obtained from the… Read more »

Bank Customers Without BVN Risk Losing Accounts As FG Obtains Court Order

By Olalekan Yinus – October 21, 2017/The Will The Federal Government has secured an interim forfeiture order from Federal High Court which would now allow it to freeze the accounts… Read more »

Mastercard Opens-Up Access to Blockchain API for Partner Banks and Merchants

October 20, 2017/Mastercard Today Mastercard announced that it will be opening up access to its blockchain technology via its API published on Mastercard Developers. Mastercard’s blockchain solution provides a new… Read more »

UBA Introduces Video Live Chat with Co-browsing Technology

October 20, 2017/UBA Plc In recent times, customer behaviour and expectations are ever-evolving and with this challenge, comes the need to meet their needs as well as ensure, new offerings… Read more »

CBN warns financial institutions against exploiting customers

20/10/2017/Punch Sodiq Oyeleke  The Central Bank of Nigeria has asked operators of microfinance banks and other financial institutions in the country not to engage in exploitative activities. The CBN said… Read more »

Mastercard and The Clearing House Partner on Tokenization Solution

October 19, 2017/Mastercard Today, The Clearing House (TCH) and Mastercard announced they are partnering to enable TCH to provision and manage Mastercard-branded tokens on behalf of banks. The partnership with… Read more »

 

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