CBN, NIBSS UNVEIL ‘AFRIGO’ THE NIGERIAN NATIONAL DOMESTIC CARD SCHEME The Central Bank of Nigeria today officially unveiled the Nigerian National Domestic Card Scheme - AFRIGO, in conjunction with the Nigeria Inter-Bank Settlement Systems (NIBSS) Plc, the Bankers Committee, and other financial ecosystem stakeholders. Afrigo card is operated by AfrigoPay Financial Services Limited (AFSL), a national domestic card scheme duly licensed by the Central Bank of Nigeria. The Nigerian National Domestic Card Scheme is a robust in-country schem…
Fidelity Bank Wins Best SME Bank Nigeria At Global Banking & Finance Awards 2022 Like a shinning light,beaming the dazzling bright light, Leading financial institution, Fidelity Bank Plc, has been announced as the 2022 Best SME Bank in Nigeria by the Global Banking & Finance Review at its Annual Global Banking & Finance Awards which held in London, UK recently. Global Banking & Finance Review is the leading online, digital, and print magazine for the banking and financial sector. The website receives over 7 million page …
EXCLUSIVE: Benin Republic Government Employs Sunday Igboho, Pays Him Heavily To Fight Yorubas Yoruba Nation agitator, Sunday Igboho may be unable to come to Nigeria for now because he has been confined in Benin Republic but we have it on good record that He is living larger than he was before his arrest at Benin Republic airport. Many may sympathize with him but this publication understands that his arrest was nothing but a huge blessing in disguise; little wonder he isn’t making plans to return home other than making statements that he will…
Stanbic IBTC Pension Managers Limited Did Not Defy Pencom’s Directive on Gifts Our attention has been drawn to publications by some unguarded sections of the media wherein certain unfounded, incorrect, and defamatory assertions are being peddled about Stanbic IBTC Pension Managers. The alleged falsehoods stated that Stanbic IBTC Pension Managers continued to offer incentives to Retirement Savings Account holders contrary to the directives issued by the National Pension Commission (PenCom) in a bid to retain their accounts and win over acco…
CBN , NIBSS SET TO TRANSFORM THE AFRICAN PAYMENT ECOSYSTEM WITH THE BRAND UNVEIL OF DOMESTIC CARD SCHEME The Central Bank of Nigeria announced in 2022 that it will be launching a National Domestic Card Scheme in conjunction with the Nigeria Inter Bank Settlement Systems (NIBSS) Plc, the Bankers Committee and other financial ecosystem stakeholders. The new Domestic Card Scheme is a robust in-country Scheme tailored to address the specific requirements of Nigeria’s payment industry and provide innovative offerings tailored to the Nigerian ma…
Over 50 Million Naira Up for Grabs in the Upcoming Union Bank Save & Win Palli Promo Finale and UnionKorrect Draws Lagos, Nigeria - Following a six-month successful run, the second edition of Union Bank’s Save & Win Palli Promo is finally coming to an exciting conclusion. The grand finale event, which is set to hold on January 27th, 2023, at the bank’s Head Office in Marina, Lagos, will reward over 300 lucky customers with cash prizes worth over 40 million naira and other exciting consolation prizes. In addition, one lucky customer …
Buhari Appoints Ex-IGP Arase Police Service Commission Chairman Former IGP, Solomon Arase President Muhammadu Buhari has appointed Solomon Arase, a former Inspector-General of Police (IGP), as the Chairman of the Police Service Commission (PSC). The appointment is subject to the confirmation of the senate. In a letter at plenary on Tuesday, Senate President Ahmad Lawan based his request on Sections 153 (1) and 154 (1) of the constitution as amended. If confirmed, Arase will succeed Musiliu Smith, also a former IGP. Smith resigned und…
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