The Central Bank of Nigeria (CBN) has directed all authorised dealers to immediately discontinue the processing of Forms M for maize/corn importation into the country. This directive is contained in a notice that was addressed to authorised dealers and signed by Dr O.S Nnaji, CBN’s Director in charge of Trade and Exchange Department. In the […]
Payment Solutions
Ecobank Transnational Incorporated (ETI) has announced the appointment of Alain Nkontchou as its new Chairman of the board of directors. Nkontchou, who is Camerounian by nationality, has been serving as an Independent Non-Executive Director of the pan-African banking group since 2015. A statement made available to the Nigerian Stock Exchange (NSE) confirmed that his latest […]
Opay yesterday, June 2nd, 2020, announced that it would be shutting down some of its business units (for now) to focus only on financial technology services. A press statement by the company primarily blamed the development of the COVID-19 pandemic, as well as a recent regulation by the Lagos State Government which banned commercial motorcycles […]
The Federal Inland Revenue Service (FIRS) has said that henceforth, stamp duty will be paid on house rent and Certificate of Occupancy (C of O) in line with its new adhesive duty. The FIRS Director, Communications and Liaison Department, Mr. Abdullahi Ahmad, made this known in a statement in Abuja on Thursday. Read Also: CBN […]
The Central Bank of Nigeria (CBN) has announced the disbursement of over N49 billion out of N50 billion targeted facilities for households and small businesses to over 80,000 families and households. The apex bank introduced the N50 billion Targeted Credit Facility as a stimulus package to support households and micro, small and medium enterprises that […]
The Central Bank of Nigeria (CBN) developed the cashless policy in 2012, which required a daily total limit of N500,000 and N3,000,000 on free cash withdrawals across all accounts owned by individual and corporate customers respectively. The policy mandated that individuals and corporate organizations that made cash withdrawals above the limits would be charged a service fee […]
Globasure is a full Payment Service Provider. We provide effective payment solutions that make living simpler. Also, we help businesses improve their billing processes and hence, collect more from their clients. We can help you build a sustainable, meaningful relationship with your clients by helping them provide modern and robust payment channels to their clients. […]
The Fidelity bank of Nigerian has released new guidelines for reversal of failed electronic transactions. In the statement sent across to their customers, they revealed that the new changes will start from Monday. Also, they said the new guidelines are in line with the Central Bank of Nigeria guidelines on electronic transactions. Read Also: What […]
Globasure Agent Network – ServPoint can be engaged to carry out agency activities from a cash deposit, cash withdrawal, funds transfer, etc. Agents earn revenue from transactions performed on the Network. Servpoint is currently the number 1 bill payment network in Nigeria, you can receive funds, pay bills, and also earn money. it is a […]
Payalat is a bill payment and collections platform. It enables banks and merchants collect payment at ease. This platform helps to connect to multiple banks, NIBSS and several service providers. Furthermore, It offers bill payment services ranging from airtime to revenue collections. Read Also: What You Should Know About ServPoint Newland N910 POS Terminal This […]
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