e-Fraud: CBN re-appoints Digital Encode as technical partner

The Central Bank of Nigeria has re-appointed a leading indigenous information security firm, Digital Encode Limited, as the sole technical partner to the Nigerian Electronic Fraud Forum. NeFF, an initiative of the CBN, was set up for the identification, mitigation, prevention and prosecution of all electronic fraud-related acts perpetrated in

Skye Bank, RT Briscoe introduce car acquisition scheme

SKYE Bank Plc has gone into partnership with RT Briscoe by providing a finance scheme for the Ford brand of cars for people who may not have the bulk amount needed to purchase such cars. Under the partnership arrangement, Skye Bank will provide 70 per cent of the cost of

Heritage Bank, EDC partner to support SMEs growth

Heritage Bank Limited and the Entrepreneurship Development Center of the Pan-African University have partnered to bring together top chief executive officers to discuss emerging horizons for Small and Medium Enterprises in the country. The CEOs will, among other things, discuss with the SME operators on a variety of issues during

New Music: DJ Scratch Masta – Money Ft. Ice Prince, Orezi & Pinky Jay

DJ Scratch Masta debut with Money after switch to being an Afro pop artist. On this one he recruits the prowess of the new Chocolate City Music Group vice president “Ice Prince Zamani” , the Shuperu crooner “Orezi” and Pinky Jay to produce this banging tune. Good effort!!

Planet Payment partnership will streamline multi-currency transactions in South Africa

A 3-way partnership between Planet Payment, a leading provider of international and multi-currency payment processing services, Absa, one of South Africa’s largest financial groups and CyberSource, a global payment gateway and merchant provider has given birth to a multi currency pricing solution in South Africa called Shop in your Currency.

Naira to rise further as banks reject dollars

The United States dollar will further tumble against the naira at the parallel market this week as Deposit Money Banks continue to reject cash deposit of foreign currencies into customers’ domiciliary accounts. The naira had appreciated against the dollar from 245 to 220 at the parallel market last week after

VIDEO: DDK – Money Ft. Solidstar

DDK whose real names are Canice ChukwuEbuka Kelvin release the visual of his MONEY single (produced by Popito)  featuring Achievas Music Star Solidstar Ceo Badass Ent, Video directed by STANZ VISUAL Note: There is a file embedded within this post, please visit this post to download the file.

CBN adjusts rate as naira falls to 244

The Central Bank of Nigeria on Thursday adjusted its exchange rate peg to N197 against the United States’ dollar from the N196.95 it set last week, data on the bank’s website showed.

Genius Gadgets From Japanese Bathrooms You Should Borrow Immediately

This adorable video proves that we’ve been using our bathrooms all wrong. Japanese bathrooms have a brilliant privacy setup and the most incredibly hygienic way of taking a bath. Also they recycle water with an inspiring, sophisticated system.

Future of cashless banking lies in mobile phones —Ashaye

The General Manager of the United States-based payment company, Visa Incorporated, in West Africa, Mr. Ade Ashaye tells OYETUNJI ABIOYE that Nigerian banks need to develop more customer-focused payment cards to drive e-payment in the country, among other things How would you assess the Central Bank of Nigeria’s Cashless Nigeria

Naira remains under pressure as MPC meets Thursday

Economic and currency analysts expect the naira to remain under pressure at the parallel market this week even as the Monetary Policy Committee of the Central Bank of Nigeria meets on Thursday and Friday to take key decisions on the economy. The MPC will review developments in the global and

EY outlines ways to reduce unemployment

Ernst and Young, leading audit and professional services firm, says federal and state governments must promote entrepreneurship and diversify the economy base as part of efforts to reduce the unemployment problem facing the country. It also reiterated the need for the governments to put in place policies for business survival

‘Enforce local content law to protect foreign reserves’

The Nigerian Institute of Social and Economic Research, Ibadan, has urged the Federal Government to arrest the nation’s depleting foreign reserves by ensuring that the local content law is fully implemented and improved upon. It stated this in a policy recommendation paper, entitled: ‘Fiscal policy and dynamics of the current

Naira drops to 242.5 against dollar

The naira dropped further to 242.5 against the United States dollar at the parallel market on Wednesday as artificial scarcity of the greenback continue to batter the black market, three weeks after the Central Bank of Nigeria restricted the sales of foreign exchange to importers.

PwC gets international recognition

PwC has been ranked as the world’s second most attractive employer for business students in Universum’s annual World’s Most Attractive Employer ranking, the second only to Google. The Universum World’s Most Attractive Employer ranking is an annual global survey of business and engineering students from the world’s top academic institutions

PCISS Council, Interswitch to increase e-payment security standards

Interswitch Limited, a Nigeria-based integrated payments and transaction switching company, says it is collaborating with the Payment Card Industry Security Standards Council to improve on electronic payment data security globally. The PCI Security Standards Council is a global forum that is responsible for the development, management, education and awareness of