Major Israeli Bank Turns to Stanchion for Secure Payment Environments, HSM Migrations
Stanchion Payment Solutions, which was established in 2001, with offices in Australia, South Africa, the UK, Middle East and the USA, has successfully completed HSM migration for one of Israel’s top three banks. The bank has migrated from ARX hardware…
Why EFCC Should Swiftly Probe Emefiele’s Alleged Ownership of Titan Trust Bank – HURIWA
Civil rights advocacy group, Human Rights Writers Association of Nigeria (HURIWA), on Monday, urged the Economic and Financial Crimes Commission (EFCC) to probe the Governor of Central Bank of Nigeria, Godwin Emefiele, over his alleged ownership of two-year-old Titan Trust…
Agege Bread Easter Ad: Criticisms, Sanction Dwarf Sterling Bank Apology
Following offensive Easter advert by Sterling Bank in which the bank likened the resurrection of Jesus Christ to Agege bread, the bank has apologised, however, the apology has continued to be dominated by anger and rage by those who pained…
MAAN Commends Unity Bank For Supporting Maize Farmers
Nigerian maize farmers under the auspices of Maize Farmers Association of Nigeria (MAAN), have commended Nigeria’s agric-focused lender, Unity Bank Plc for its role in facilitating the financing of maize production by smallholder farmers in the country through the Anchor…
Mosul Bank Selects CR2’s BankWorld to Accelerate Digital Banking in Iraq
Mosul Bank has selected CR2, one of the world’s leading software vendors in the digital banking and payments market, to accelerate its digital banking transformation strategy in the Iraqi market. This latest win for CR2 will see Mosul Bank offering…
How FG Spent N2.89tn Of Revenue On Debt Servicing In 8 Months
The Federal Government on Friday said it spent a total of N2.89 trillion on debt servicing between January and August 2021, out of its N3.93tn retained revenue for the same period. Minister of Finance, Budget and National Planning, Zainab Ahmed,…
How Okonjo-Iweala Emerged 1st Female WTO DG
In this file photo taken on September 19, 2016 former Finance Minster of Nigeria Ngozi Okonjo-Iweala looks on during the Opening Plenary Session: “Partnering for Global Prosperity,” at the Clinton Global Initiative in New York. Ngozi Okonjo-Iweala, Nigeria’s nominee for…
Okowa Restates Call for Revenue Allocation Formula Review
Delta State Governor, Senator (Dr) Ifeanyi Okowa, has called for a review of the existing revenue allocation formula in favour of states and local governments, in reflection of current socio-economic realities in the country. Okowa made the call when he…
Alleged N41bn Fraud: Sen. Ayo Akinyelure Statement on Tony Elumelu is False, Malicious – Legal Team
The legal team of the former Managing Director of the United Bank for Africa, Mr Tony Elumelu has debunked allegations by the Senate Committee Chairman on Ethics, Privileges and Public Petitions, Senator Ayo Akinyelure who indicted Mr Elumelu of N41bn…
Atiku Endorses Okonjo-Iweala for WTO Job
Former Vice President Atiku Abubakar and former finance minister, Dr. Ngozi Okonjo-Iweala. Former Vice President Atiku Abubakar has endorsed Dr. Ngozi Okonjo Iweala for the post of Director-General of the World Trade Organisation. Dr. Okonjo-Iweala’s “experience and the enormous related…
IMF Executive Board Approves Financial Year 2021-FY 2023 Medium-Term Budget
On April 27, 2020, the Executive Board of the International Monetary Fund (IMF) approved the IMF’s administrative and capital budgets for financial year (FY) 2021, beginning May 1, 2020, and took note of indicative budgets for FY 2022–23. The budget…
