7 Facts about the National Domestic Card Scheme System MYTH : ATMs, Cards will no longer be in use as CBN, NIBSS move to unify Payment through the National Domestic Card Scheme. FACT: This is FALSE. Existing ATMs, Cards and POS will still function without interruption. MYTH : The establishment of National Domestic Card Scheme will affect the usage of other card schemes cards such as Mastercard, visa and Verve in Nigeria. Fact: All other card schemes will go on without disruption. All the schemes will co-exist. MYTH: There is no…
Sterling One Foundation Wins CSR Award of Excellence Sterling One Foundation has won AS+A Communications' Award of Excellence for Corporate Social Responsibility in recognition of its positive impact across Nigeria. As part of its annual award ceremony and commemoration of its Managing Director's 70th birthday, AS+A Communications awarded the Sterling One Foundation its Corporate Social Responsibility Award of Excellence at an event held in Lagos recently. The award presented by the company's Managing Director, Mrs. Adenike Sh…
FIRSTBANK CONVENES NIGERIA ECONOMIC OUTLOOK WEBINAR FOR 2023 First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced the 2023 edition of its Nigeria Economic Outlook event. The virtual event themed “Nigeria Economic Outlook 2023: A look ahead” is scheduled by 8:30am on Friday, 20 January 2023, via Zoom meeting. To register and participate in the event, do click on the link https://firstbanknigeria.zoom. us/webinar/register/WN_Z- 8Izr1sRHmdfRqZ5RiYeQ The event will promote d…
$53m Debt: Emefiele Heads To Appeal Court ...Seeks setting aside Judgment Summons The Governor of the Central Bank of Nigeria (CBN) Mr. Godwin Emefiele has asked the Court of Appeal, Abuja Division to set aside an order of a Federal High Court compelling his appearance in a $53 million judgment debt proceedings. A legal practitioner, Joe Agi (SAN) had obtained a judgment summons against the CBN governor following his alleged refusal to obey the order of court for the payment of the judgment debt. The judgment summons, now a subject of appea…
Fidelity Bank Introduces Cardless ATM Withdrawals Fidelity Bank customers can now enjoy increased convenience with their Automated Teller Machine (ATM) transactions as the bank recently announced the introduction of its cardless withdrawal service. The feature allows Fidelity Bank accountholders to make withdrawals at any Fidelity Bank ATM nationwide with the aid of their registered phone numbers alone. Speaking on the new feature, Divisional Head, eBanking, Fidelity Bank Plc, Ifeoma Onibuje said, “We know how frustrating it can be when you…
Press Release: More Customers Win Big in the Stanbic IBTC Reward4Saving Promo Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has rewarded 77 customers with cash prizes in the ongoing Reward4Saving Promo 2.0 during the quarterly draws which held recently. Ten winners walked away with N100,000 each, and seven winners claimed N1 million each, from the seven regions where winners were selected. The winners of this quarterly draw emerged across seven geopolitical zones of Nigeria namely the South South, South West, South East, North …
Digital Literacy: Polaris Bank partners NYSC, NerdzFactory to build capacity of 5,000 Corps Members Lagos, Nigeria: January 17, 2022: In line with its Corporate Social Responsibility(CSR) drive, Polaris Bank in partnership with the National Youth Service Corps (NYSC) and NerdzFactory has commenced a high-impact capacity-building workshop on digital skills for 5,000 National Youth Service Corps members across 12 states in Nigeria. The Bank explained that her action is intended to equip young Nigerians with relevant work-ready digital skil…
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