Tag Archives: Banking services

The Central Bank of Nigeria (CBN) has advised members of the organised private sector (OPS) to always ensure that they repatriate foreign exchange (FX) proceeds to the apex bank in order to ease FX pressure in the country. Deputy Director, Banking Services, CBN, Egboagwu Ezulu, at a national stakeholders’ conference …

Payment service bank, 9PSB and payments technology company, Flutterwave have announced a partnership agreement that will help facilitate seamless financial services for Nigerians. In a joint statement issued by both companies, the partnership seeks to create a seamless payment ecosystem by aggregating and simplifying transactions for banking agents, merchants, and …

Ecobank Nigeria says its vision to use agency banking scheme to drive entrepreneurship, provide employment opportunities and supporting Micro, Small and Medium Enterprises (MSMEs) is yielding fruits, as over 32,000 Nigerians including former employees and retirees have adopted the scheme to sustain their everyday living. According to the bank apart …

The Central Bank of Nigeria (CBN) has announced the prohibition of all Nigerian exporters who are yet to repatriate their export proceeds, from banking services effective from January 31, 2021. The apex bank has a standing policy that instructs exporters to repatriate exports within 90 days for oil and gas and 180 …