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Oradian, ANMFIN Launch New Cloud-Based Microfinance Solution in Nigeria
August 14, 2018/Oradian As part of their shared mission to boost financial inclusion throughout Nigeria, Oradian (https://Oradian.com) and the Association of Non Bank Microfinance Institution of Nigeria (ANMFIN) (www.ANMFINigeria.org) have… Read more
Roaring To Life: Growth and Innovation In African Retail Banking
Culled—Proshare August 13, 2018/ By Mckinsey & Company Africa’s banking markets are among the most exciting in the world. The continent’s overall banking market is the second-fastest-growing and second-most profitable… Read more
Fidelity Bank, BOI, Ford Foundation Unveils Lending Scheme For Aba Leather Manufacturers
• Lender Donates Fully Equipped Secretariat To LEPMAAS August 13, 2018/Fidelity Bank Plc Fidelity Bank Plc, top Nigerian lender in strategic partnership with the Bank of Industry (BoI) has launched… Read more
Re: False Claims Stemming from Video Post
Lagos, August 10, 2018: Our attention has been drawn to a social media video featuring an assault on two people at a Fidelity Bank branch in Lagos. The two individuals… Read more
CBN Injects $327Million to Boost Interbank Retail Market
August 10, 2018/CBN The Central Bank of Nigeria (CBN), on Friday, August 10, 2018, injected the sum $327,440,499.50 into the interbank retail Secondary Market Intervention Sales. This is in addition… Read more
Fitch: IFRS 9 No Threat to Nigeria Banks’ Regulatory Capital
23/7/2018/Fitch Ratings Fitch Ratings says in a new report that regulatory capital ratios for rated Nigerian banks are not under threat following the first-time application of IFRS 9 accounting standard…. Read more
Forex: CBN Intervenes With $210m
Culled—Proshare August 7, 2018/CBN In another round of intervention, the Central Bank of Nigeria (CBN) has injected the sum of $210million into the inter-bank Foreign Exchange Market to ensure the… Read more
Heritage Bank Achieves PCI DSS Version 3.2 Recertification
5/8/ 2018/Heritage Bank Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider, has successfully attained recertification of the Payment Card Industry Data Security Standard (PCI DSS) version 3.2, having achieved… Read more
BoT Places Bank M Tanzania Plc under Administration, Confirmed Insolvent
Culled—Proshare August 3, 2018/By Brian NGUGI of BusinessDAILY, Kenya Tanzania’s banking regulator, the Bank of Tanzania (BoT), on Thursday placed Bank M Tanzania Plc under administration after it became insolvent…. Read more
CBN Issues Notice on the Revised Foreign Exchange Manual
August 2, 2018/CBN It will be recalled that as part of a deliberate programme for the liberalization of the Foreign Exchange Market, the Bank in 2006 undertook a review of… Read more
