Friday, August 2, 2019

Tag "financial inclusion"

    Airtel discloses plan to set up ‘payment service bank’ in Nigeria

Airtel discloses plan to set up ‘payment service bank’ in Nigeria

Airtel Nigeria has announced plans to set up a payment service bank (PSB) in NigeriaSegun Ogunsanya, managing director, Airtel Nigeria, made the disclosure on Tuesday, saying  it would help to deliver mobile banking services to its teeming customers.According to him, Airtel will apply for the PSB license through a subsidiary which is in line with guidelines to establishing a PSB, issued [...]

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    LBS suggests using religious institutions to improve financial inclusion

LBS suggests using religious institutions to improve financial inclusion

The Lagos Business School (LBS) says religious institutions may be a way of improving financial inclusion amongst Nigerians.In the Nigeria Customer Segmentation Framework released on Thursday, the institution grouped Nigerians who didn't have access to financial services into six groups.The groups are vulnerable believers, which form 12% of the population; resilient savers, which form 21% of the population; dependent individualists, [...]

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    e-Business leaders pledge to promote use of financial services with technology

e-Business leaders pledge to promote use of financial services with technology

The committee of e-Business industry heads (CeBIH) says it will promote access to financial services for people at the bottom of the pyramid with digital solutions.Stanley Jacob, newly elected chairman of the committee, made this known in his acceptance speech at the election of new executives held in Lagos at the Keystone Bank headquarters.Stanley, who is also the head of [...]

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    First Bank partners with World Remit to ‘strengthen’ digital money transfer

First Bank partners with World Remit to ‘strengthen’ digital money transfer

First Bank of Nigeria Limited has announced a partnership with World Remit, an international digital money transfer service, for an instant transfer service to its customers in Nigeria.The new service was launched at First Bank’s head office in Lagos on Tuesday.Speaking at the launch, Gbenga Shobo, deputy managing director, First Bank, said the partnership is one of the ways the bank [...]

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    We’re ready to help Nigeria achieve financial inclusion, says Netherlands queen

We’re ready to help Nigeria achieve financial inclusion, says Netherlands queen

Queen Máxima of the Netherlands says her country is ready to help Nigeria combat challenges in its way of achieving financial inclusion.Maxima, who is the UN secretary-general's advocate for financial inclusion for development, said this on Wednesday during her working visit to the Nigerian Communications Commission (NCC).Maintaining that the potentials in achieving financial inclusion are enormous, she said it is [...]

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Exchange Rates

August 01, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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