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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...

Terrorism Watchlist’: Daily Independent Retracts, Apologises to Pantami

Terrorism Watchlist': Daily Independent Retracts, Apologises to Pantami ... MURIC, Other React to the Fake News   The Daily Independent newspaper has retracted its story and apologised to Nigeria's Minister of Communication and Digital Economy, Isa Ali Ibrahim Pantami over its Publication alleging that Mr. Pantami was...

BUA, Dangote and Price Fixing War, by Muhammad Sagir Bauchi

BUA, Dangote and Price Fixing War, by Muhammad Sagir Bauchi Around October 1929, values of stocks in the New York Stock Exchange (NSE) market dropped to an unprecedented record level. Within three days, many investors loss about five billion dollars. Towards the end of the...

Online Transactions Increase By 99% To N22.77trn

Online Transactions Increase By 99% To N22.77trn       The value of transactions carried out online by bank customers jumped to N22.77tn in March 2021, the latest data from the Nigeria Inter-Bank Settlement System have shown. This shows a growth of 99 per cent from the mobile transaction...

Manufacturing Sector Intervention Fund Hit N803bn – CBN

Manufacturing Sector Intervention Fund Hit N803bn – CBN Manufacturing sector’s intervention funds disbursed by the Central Bank rose to N803bn as of February. Figures obtained from the CBN reports on the Monetary Policy Committee revealed this on Tuesday. “Under the N1tn manufacturing intervention stimulus, the...

NAIC Pays N1.7bn Claims To Farmers

NAIC Pays N1.7bn Claims To Farmers       The Nigerian Agricultural Insurance Corporation (NAIC) said it paid a total of N1.7 billion claims to over 5,000 farmers in the past two years. NAIC, which is the only federal government owned insurance company authorised to offer agric insurance services...