Data from Nigeria’s apex bank has shown that amid ease in the economy, commercial banks in Nigeria borrowed N9.97trillion from the Central Bank of Nigeria (CBN) between January and July 2021. The CBN financial data revealed that commercial and merchant banks, through the Standing Lending Facility (SLF), between January and …
Read More »NCC’s Efforts Pay off as Telecoms Sector Grew by 18.10% in Q2 2020
The important role played by the Nigerian Communications Commission (NCC) in consistently spearheading and ensuring effective regulation on issues bordering on telecoms networks standardisation as well as promoting the provision of improved services at fair and affordable prices to Nigerians has again been proven in Nigeria’s economy. Statistics from the …
Read More »Technology Inadequacy, Software Security Limitations, Major Reasons For Covid-19 Banks Rush – Experts
….Tasks Nigeria Banking Industry on Adjustment for Post COVID 19 Era “One of the challenges of working from home as a banker is that there are lots of softwares that we use that cannot be accessible from home because of security reasons.” Following last week’s lifting of the COVID-19 lockdown …
Read More »Over 275,000 Customers Signs Up for First Bank ePayment During COVID-19 Lockdown
First Bank has said that no fewer than 275,000 customers of the lending institution adopted alternative channels of transactions during the lockdown. A statement from the bank disclosed this while expressing appreciation to its customers for their continued patronage during the COVID-19 lockdown. “We have also recorded over 275,000 new …
Read More »Covid-19 Lockdown: 6 Tools to Aid Remote Working
By Elvis Eromosele Remote work was viewed as a fad. While technology enthusiasts have long spoken about the potential of remote working, few individuals listened and fewer firms cared. During this period technology firms developed tons of tools and applications to aid remote working. These tools were largely ignored and …
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