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NCC: Why we crashed USSD price cap

Today’s global economy is increasingly dependent on mobile technology. This is not just for telecommunications services but also for a number of other services offered by adjacent industries.
Access Bank has unveiled a new brand logo to reflect its new status following the completion of its merge with Diamond Bank.

Access Bank partners federal government on women speak project

Initiative’ has partnered with the Federal Ministry of Women Affairs on the 50 Million Women Speak Project with ECOWAS designed to empower women in business across Africa on skills required to build sustainable businesses.

NIBBS: NIP records increase volume of transactions over cheques in Q1

The Nigerian Interbank Settlement System (NIBSS), says the NIBSS-Interbank Payments (NIP) recorded an increase in the volume of transactions in the first quarter of 2019 over transactions made through cheques.

CBN: No position on crypto technology yet

The Central Bank of Nigeria (CBN) has said it acknowledged the existence and usefulness of crypto technology but hasn’t taken any official position on it.

Court jails former banker for online fraud

Justice Afamu Nwobodo of the Enugu State High Court on Thursday convicted and sentenced one Kenechukwu Abaroh, a former employee of one of the new generational banks, to three months imprisonment with hard labour for internet fraud.
Phone SMS is used for more than just text messaging in Africa

Insurers urge vehicle owners to verify policy on USSD code

The Nigerian Insurers Association (NIA) has called on Nigerians to confirm the authenticity of their motor insurance policy on the Nigerian Insurance Industry Database Portal through the association’s Unstructured Supplementary Service Data (USSD) code *565*11# on their phone.

Central bank mulls extension of payment system vision to 2030

With just one year to the Payment System Vision (PSV) 2020, the Central Bank of Nigeria (CBN) has disclosed that it has commenced a review of the project, just as it hinted of plan to set new targets under a refreshed version tagged PSV 2030.

NIMC: Payment for National e-ID Card begins in 2022

The National Identity Management Commission (NIMC), says payment for issuance of National Identity Card would begin in 2022.

NAICOM restructures Goldlink Insurance’s board

The National Insurance Commission has effected changes in the interim board and management of the Goldlink Insurance Plc.

NHF mobile app introduction excites civil servants, TUC

The Trade Union Congress (TUC) has lauded the Federal Mortgage Bank of Nigeria (FMBN) for introducing the National Housing Fund (NHF) mobile application.

Zenith Bank pioneers POS collections without payment cards

Zenith Bank becomes the first Nigerian bank to successfully integrate and launch Unstructured Supplementary Service Data (USSD) payments on Point of Sales (POS), enabling customers to pay for goods and services via POS terminals without the use of cards
(FILES) This file photo taken on February 9, 2017 shows Chinese 100 yuan notes in Beijing. The Chinese currency continued its sharp decline on July 20, 2018 despite US President Donald Trump's bid to rein in the dollar, as analysts pointed out that a weaker yuan aids Beijing in its trade tussle with Washington. / AFP PHOTO / FRED DUFOUR

Kenya partners SimbaPay on money transfer to China

Family Bank, a leading bank in Kenya, has partnered with London-based financial technology firm, SimbaPay, to launch an instant money transfer service from Kenya to China.
Central Bank of Nigeria - CBN

Central bank directs banks to resolve USSD disputes in three days

The Central Bank of Nigeria (CBN), on Saturday directed all commercial banks to resolve disputes arising from use of Unstructured Supplementary Service Data (USSD) channel within three days.

Zimbabwe slashes mobile data costs significantly as election nears

Mobile data tariffs in Zimbabwe have fallen from 12.5 cents to 5 cents per MB, with the internet expected to play a key role ahead of harmonised elections slated for July 30 this year.

Lagos eliminates cash transactions on tax

In the bid to boost Internally Generated Revenue (IGR) and block all financial leakages, Governor Akinwunmi Ambode of Lagos on Monday said the state government payment had decided to commence e-payment of taxes being paid in the state.

Lagos abolishes cash payment in revenue collection

Lagos State Governor, Mr. Akinwunmi Ambode, on Monday paid his Land Use Charge, with an announcement that the State Government will no longer accept cash payment in revenue collection effective from March 1, 2018.

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Nigerian Stock Exchange NSE

NSE: Investors react positively to ministers’ inauguration, assignment

Investors on the Nigerian Stock Exchange (NSE) on Wednesday reacted positively to the inauguration and assignment of ministers to various portfolios by President Muhammadu Buhari.
Presidential media aide, Malam Garba Shehu, says the Buhari administration is working with state governments across the Northwest to pursue an urgent revamp of the national security apparatus in the subregion.

President Buhari warns cabinet members against unnecessary altercation

President Muhammadu Buhari on Wednesday in Abuja, cautioned new cabinet Ministers against unnecessary altercation while discharging their responsibilities.
Senator Shehu Sani (APC-Kaduna)

Kaduna election: Tribunal dismisses Shehu Sani’s petition for lack of merit

The National Assembly Election Petitions Tribunal in Kaduna has dismissed the petition challenging the election of Senator Uba Sani as the lawmaker representing Kaduna Central Senatorial District at the National Assembly.
President Muhammadu Buhari on Monday appointed his wife, Aisha, and the wife of the Vice-President, Mrs Dolapo Osinbajo, to serve on the Presidential Advisory Committee on the Elimination of Drug Abuse in the country.

President Buhari approves appointment of aides for First Lady

President Muhammadu Buhari has approved the appointment of aides for the Office of the First Lady, occupied by Hajia Aisha Buhari.
Rwanda's President Paul Kagame and Uganda's Yoweri Museveni were once close allies but their relations have turned deeply hostile in a dispute that damaged trade between the neighbours.

Ugandan, Rwandan leaders sign pact to end months-long standoff

The presidents of Rwanda and Uganda on Wednesday signed an agreement in Angola to end months of tensions after the two leaders exchanged accusations of spying, political assassinations and meddling.