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CBN set to penalise defaulting banks on Money laundering – Globasure News Updates.

By Globasure

July 25, 2013

The Central Bank of Nigeria is set enforce the Money Laundering Act to the letter. Already, the bank has asked banks, discount houses and development banks to forward the particulars of their chief compliance officers who are expected…

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Why I came into the Payment System (Part 1) – Mr.Chris Ife (MD/CEO) Globasure Technologies Limited.

By Globasure

July 29, 2013

Gradually but steadily, Nigerians appear to be coming to terms with the gains of the cashless policy of the Central Bank of Nigeria,many companies has joined the cashless mission, some are to make the payment industry dormant and…

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Banks stop cash evacuation services to customers – Globasure News Updates

By Globasure

July 29, 2013

Commercial banks have stopped cash evacuation services in states where the Central Bank of Nigeria has commenced its cash-less policy. The CBN commenced its cash-less policy in Lagos on April 1, 2012; and on July 1, 2013 in…

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