It’s very difficult to accuse Sanusi of indecision, no; because the man has the courage of his conviction, he has always taken a position on matters of interest to the public. People have forgotten so soon how he battled former chief executive officers of banks who ran them aground on account of their criminal activities. […]
Payment Solutions
Following the release of the guidelines for agent banking in Nigeria, the Central Bank of Nigeria (CBN) said it has commenced the registration of the agents who are to begin operation soon. According to the Director, Development Finance Department of the CBN, Mr Paul Eluhaiwe, more agent banks are expected to be registered before […]
In a bid to address issues of safety of customers’ funds and avoid losses through compromise of Personal Identification Numbers (PIN), the Central Bank of Nigeria (CBN) is to introduce Biometric authentication of Point of Sale (PoS) and Automated Teller Machines (ATMs) by 2015. CBN governor Sanusi Lamido Sanusi made this known during a stakeholders’ […]
The Central Bank of Nigeria (CBN) and the Bill & Melinda Gates Foundation (BMGF) Monday launched the results of the Geographic Information System (GIS) mapping of financial access points in the country. The CBN Governor, Mallam Sanusi Lamido Sanusi, who spoke to journalists at the event held in Lagos, disclosed that the BMGF had in […]
Apparently following a request by the Anambra State government, the Central Bank of Nigeria, CBN, has agreed to organise a sensitisation programme for the Anambra business community and other stakeholders in Onitsha, Awka and Nnewi to acquaint them with the apex bank’s cashless policy. Anambra is among six states where the CBN has commenced the […]
One year after the Central Bank of Nigeria introduced the cashless policy in Lagos, it has decided to extend the policy to other states, including Abuja, Abia, Anambra, Ogun, Kano and Rivers. It is against this background that Globasure News Updates sampled the opinions of some Lagos Market women and these are their reactions. Frozen foodseller—Mrs Oluwakemi […]
Reprieve is coming the way of microfinance banks (MFBs) and small businesses in the country, as the Central Bank of Nigeria (CBN) has established N200 billion Micro, Small and Medium Enterprises (MSMEs) Development to provide liquidity support. Speaking with Globasure News Updates at the sidelines of the CBN organised seminar for finance correspondents and business […]
Central bank has performed tremendously in introduction of ATMs to the Banking operation system in the country. Many positives has been achieved, seamless transaction in banking sector, reduction in turn around time, de-congestion of customers in banking hall and availability of cash to customers during holidays an on weekends. Cash-less policy was introduced to the […]
Research conducted by Globasure Technologies Limited, Via Operational Team headed by Mr Ehikioya Okpaireh has shown that almost one in four Brits (23%) has been marooned both at home and at abroad without access to cash. The top causes of being caught cashless at home and especially abroad are: 30% overspent and under-budgeted 30% were […]
ACTIVITIES of fraudsters on banks’ online platform have assumed an alarming rate, as unsuspecting members of the banking public are being fleeced of their hard-earned funds, thereby threatening the cashless policy introduced last year to encourage electronic payment system. Investigations by the Nigerian Tribune showed that the worst hit banks were those that recently migrated […]
WhatsApp us