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FintechNGR, the umbrella body for fintech players, pioneer and Fintech Association in Africa has canvassed support for the burgeoning ecosystem in Nigeria. ....
The House of Representatives on Wednesday mandated the Committee on Public Accounts to investigate revenue leakages through the Remita platform and non-compliance by revenue-generating agencies of the government on standard operating procedures and other allied service level agreements signed among deposit money banks, office of the AGF, Systemspec, Nigeria Interbank Settlement System (NIBSS), and the Central Bank of Nigeria (CBN). ....
The Securities and Exchange Commission (SEC) has unveiled plans to create a new e-dividend portal that would help simplify the process of mandating accounts in the capital market. ....
Shareholders have lamented the rising unclaimed dividends in the capital market currently put at N190 billion, stating that unless the parties involved in the processing of the claims adopt robust technology infrastructure that would enable investors to process their unclaimed dividend at the comfort of their homes, the menace may not be eliminated in the capital market. ....
Particular financial institution and when we think about the broader financial system, we re very confident in the ability and the resubtle yens of the system and also the fact that we have the tools necessary to deal with ibss like what s happened at the silicon valley bank. experts i m talking to are hopeful that this is more of an isolated incident than a systemic one. most banks are not as exposed as this one to one single sector. major banks lend to not just tech company, but are retailers and factories and media companies. the chief economist told me he doesn t think this failure is a sign of broader trouble in banking. this system is as well capitalized as ever. let s hope so. the last thing we need is a series of bank failures. back to you. matt egan, thank you for that. turning to ukraine, where most of the power in the kharkiv region has been rerestore d aftr ....