Payment Solutions

The  House of Representatives in Abuja, Yesterday being  Thursday 27th of June 2013, urged the Central Bank of Nigeria (CBN) to implement the cashless policy in phases. It also urged the apex bank to remove the charges or limits on daily cumulative withdrawals and deposits to encourage small businesses. The House further called on the […]

In anticipation of the extension of the cash-lite policy of the Central Bank of Nigeria (CBN) to five states and the Federal Capital Territory, Abuja, by July 1, 2013, banks have started sensitising their customers on the spread of the policy to other states. The apex bank, which had earlier in the year announced the […]

The Central Bank of Nigeria (CBN) has said that every arrangement is in place to commence the cashless policy in five states and the Federal Capital Territory (FCT) effective July 1. Speaking at a cashless policy conference in Lagos on Monday, Deputy Governor, Operations, CBN, Mr Tunde Lemo, said the decision to extend the cashless […]

The MD/CEO  who spoke  at a conference to chart the way forward for the cashless transition, said, “there is nothing that attracts crime more than cash and this transition to cashless transactions would help to address these crimes especially the increasing wave of terrorism. “The transition involves everyone having a part to play as it […]

The CHIEF Executive Officer and the Managing Director, Globasure Technologies Limited, Mr Chris Ife, advised stakeholders in the financial sector to embrace the Central Bank of Nigeria (CBN) ’s cash-less policy for national growth and development. Mr Chris,  gave the advice at the ATM & CARD EXPO, that took place recently at Eko Hotel and […]

Cloud computing has suddenly jumped to the top of mind of most enterprises and this interest is driven by a desire to significantly improve business and IT agility, and lower IT costs. How can IT support the business in the face of constant change, but with less resources and more economically? This is a real […]

Yesterday being the 18Th of july, 2013. The Central Bank of Nigeria (CBN) Representatives paid  a visit to Globasure Technologies Limited on Certification and Licencing for payment terminal service providers(PTSP). On his keynote welcome address,the MD/CEO of the company Mr.Chris Ife, said that under their well esteemed establish platform the company is evenly ready to […]

Nigeria began its Cash-less Project last year, with Lagos State as the pioneering the project. The cashless project, initiated last year, is gaining acceptance, especially with support from the federal and state governments, the Central Bank of Nigeria has said. Monica Adoghe of Shared Services, Central Bank of Nigeria, who spoke at the Card, ATM […]

The Federal Capital Territory, Abuja and five other states in the country will join Lagos State in implementing the cashless policy of the Central Bank of Nigeria. This was announced yesterday after the Bankers’ Committee meeting at the CBN headquarters in Abuja. Speaking at after the meeting, Central Bank Governor Sanusi Lamido Sanusi said the […]

Central Bank of Nigeria (CBN) Advices Civil Servants To Embrace Cashless Policy A foresights of Globasure Techs. Mission. Civil servants in Ogun State have been advised to embrace the cashless policy introduced by the Central Bank of Nigeria (CBN) as it is capable of reducing the risk of cash-related crimes, making transactions more convenient and […]