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MTN Uganda, the country’s largest telecoms firm, has eliminated some charges on its mobile money platform to help spur greater use of digital transactions and discourage the use of cash as a way to potentially slow the spread of the coronavirus outbreak.
Electronic payment (e-payment) transactions worth N203.35 trillion were carried out by banks between January and June 2019, Central Bank of Nigeria (CBN) half-year e-payment figures have shown.
Mines Nigeria Ltd., a telecom, media and tech business company, on Tuesday, said that mobile phones had triggered a fundamental shift in financial services.
First Bank of Nigeria has said that its efforts to deepen financial inclusion in Nigeria has grown its network of mobile money agents to over 22,000 agents.
Latest report from the Nigerian Interbank Settlement System (NIBSS), has shown that Nigeria’s electronic payment (e-payment) services, recorded transactions worth N56.85 trillion between January and end of September, 2018.
Dr Herbert Wigwe, the Managing Director of Access Bank Plc., says Fintech in a few years, will change the face of financial services as the next big thing in Africa.
Nigeria announced last month that it would allow telecom companies to provide banking services, aiming to give millions of Nigerians without bank accounts access to so-called mobile money services, a policy that has been very successful in Kenya.
Ghanaian traders at Tiptoe lane, Circle, Accra on Tuesday threatened to carry out reprisal attacks on Nigerians at the market, after they found about 30 of their shops destroyed.
Campaigners against Uganda's tax on social media have been broadcasting calls on loudspeakers urging users not to pay the levy, playing a game of cat-and-mouse with police, witnesses said on Tuesday.
Ugandan police on Wednesday used tear gas and bullets to break up a street protest against a new tax targeting social media users.
Jigawa Government and Central Bank of Nigeria (CBN) on Friday announced a financial inclusion partnership scheme to encourage and promote economic independence for people of the state, especially the poor.
Internet fraudsters in the banking sector who have deprived unsuspecting bank customers of billions of their hard-earn money over the years are now in recession and would never recover again because the Central Bank of Nigeria will continue to strengthen the fight against e-fraud in Nigeria.
The Nigerian Communications Commission, (NCC) on Thursday said it was partnering with the Central Bank of Nigeria (CBN) to sensitise customers on mobile money banking fraudsters.
The President of Dangote Group, Alhaji Aliko Dangote, has pledged to establish a 600-bed isolation centre in Kano State.
The veteran playmaker was initially reluctant to leave the club, having been named Player of the Year in his first two campaigns in west London, but later opted to accept a move to United.
The Borno State Government has confirmed that the five suspected COVID-19 cases isolated in the state Public Health and Emergency Operation Centre tested negative.
Spiritual Head of One Love Family, Sat Guru Maharaj Ji, has attributed the ravaging coronavirus across the globe to wickedness, disobedience to God’s commandments by man, among others, declaring that there was an urgent need for a change of attitude to life, “if he (man) actually desires to be part of this creation.”
Lagos State Government on Sunday flagged-off emergency neighbourhood food markets to address the problem associated with the restriction and promote social distancing in the fight against the spread of COVID-19.
As part of measures to curb the spread of the dreaded Coronavirus, otherwise called “Covid-19 global pandemic” by the World Health Organization(WHO), the National Hajj Commission of Nigeria (NAHCON), has announced the immediate suspension of all ongoing sensitization of pilgrims ahead of the 2020 Hajj operation.
The House of Representatives has directed the Nigerian Correctional Services (NCS) to take urgent steps to protect inmates at the various correctional centres around the country from the novel coronavirus (COVID-19).
The Nigeria Centre for Disease Control has announced two new cases of coronavirus, bringing the total number of persons infected in the country to 44.
Enugu State Command of the Nigeria Police has announced its commencement to enforce strict compliance to social restriction orders as a means to curtailing the outbreak of Coronavirus pandemic in Nigeria.
The Cross River State government on Saturday banned all religious gatherings of more than five persons in the state.