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CBN to Sanction Banks Harbouring Unlicensed Firms

Kindly share this postCentral Bank of Nigeria (CBN) has warned banks against harbouring and backing unlicensed foreign firms. CBN said the directive titled “Guidelines for the Regulation of Representative Offices of foreign Banks in Nigeria” was to improve the country’s financial sector. Muhammad Musa, director, Financial Policy and Regulation Department, CBN, in the document, said […] ....

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Interswitch Group partners Credit Bank of Kenya and IFAD to deepen remittance play – The Sun Nigeria

Interswitch Group partners Credit Bank of Kenya and IFAD to deepen remittance play – The Sun Nigeria
sunnewsonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunnewsonline.com Daily Mail and Mail on Sunday newspapers.

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High transaction costs blamed for low remittance-driven investments

75% goes towards utility by family and friends with a paltry 25% going into saving. ....

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Credit Bank taps saccos in diaspora cash transfer plan

Credit Bank has partnered with Interswitch and Ria Money Transfer to provide diaspora cash remittance services. ....

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