Money Market

FirstBank Leverages Technology to Promote Virtual Bank Account Opening for Customers

June 2, 2020/FirstBank of Nigeria First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced that it has reinforced its technology infrastructure to enable anyone in the country open a FirstBank account through their mobile phones, without visiting any of its branches nationwide.   The […]

CBN Revises Timeline for Dispense Errors, Refund Complaints on E-Channels

June 1, 2020/CBN The Central Bank of Nigeria (CBN), in its determination to further enhance service quality, particularly quick refunds when customers experience failed transactions, dispense errors or disputes, has revised timelines for reversals and/or resolution of refund complaints on electronic channels, with effect from June 8, 2020, as follows: […]