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Jaiz Bank Deploys NQR Code for Flexible Payment Solutions

Jaiz Bank Deploys NQR Code for Flexible Payment Solutions. Jaiz Bank Plc, the premier Non-Interest Bank in Nigeria has embraced and deployed the newly introduced Quick Response Code (NQR) to ease transactions for her customers and merchants. NQR Code is an indigenous Payment Platform designed by...

In Nine Months, 12 Banks Earn N133.92bn From E-payments

In Nine Months, 12 Banks Earn N133.92bn From E-payments         Increased investment in technology and the introduction of new online payment channels have earned Nigerian banks N133.92bn. The adoption of electronic channels for financial transactions earned 12 Deposit Money Banks about N133.92bn revenue in the first nine...

ENDSARS: A WEEK OF HELL…AND HUMOUR!

ENDSARS: A WEEK OF HELL...AND HUMOUR!         This past week has been full of fire, fury and despair for most Nigerians, no thanks to the unfortunate ENDSARS protests and the many catastrophic, unsavoury scenes that characterised its chaotic aftermath. This past week, violence reigned supreme in the...

Fighting Cyber Crime through Public-Private Collaboration

Fighting Cyber Crime through Public-Private Collaboration By Inyene Ibanga     Cyberspace is constantly flooded with information generated by individuals, corporate organisations, state institutions and businesses on a daily basis. This information is easily processed, transferred or stored for use in our everyday personal and business activities. As...

CBN Resolves 1,519 Complaints, Refunds N2.7bn In 6 Months

CBN Resolves 1,519 Complaints, Refunds N2.7bn In 6 Months         The Central Bank of Nigeria (CBN) resolved 1,519 banks’ transaction complaints and refunded N2.7 billion to the customers from January to June this year. Mr Haruna Mustafa of the Consumer Protection Department of CBN revealed this at...

Senate Probes Commercial Banks Over Illicit, Excess Charges

Senate Probes Commercial Banks Over Illicit, Excess Charges       The Senate on Wednesday mandated its Committee on Banking, Insurance and Other Financial Institutions to investigate the alleged illicit and excess bank charges by commercial banks operating in the country. The upper chamber urged the Central Bank of...