Wednesday, 26th January 2022
<To guardian.ng
Search

Improving payment services in Nigeria

The Central Bank of Nigeria has directed Deposit Money Banks to offer mobile money wallets without prior approval. Chidinma Lawanson, Financial Services Consultant at International Finance Corporation (IFC) joins CNBC Africa for more.

Related

30 Mar 2020
New York food banks have become inundated with newcomers, deprived of income since the near-total halt of business in the United States' economic capital. "We’re seeing a lot of poverty," notices Geraldine Firmin from City Harvest, a major New York-based charitable organization, during a food donation market.
25 Apr 2020
Here is why you should pick a copy of The Guardian on Sunday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Sunday.⁣
3 May 2020
Here is why you should pick up a copy of The Guardian on Monday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Monday.
12 Jul 2020
This month marks a year since the Central Bank of Nigeria introduced the Loan-To-Deposit-Ratio policy. Nigeria's apex bank says banks total credit rose to 3.1 trillion naira on the performance of the LDR policy. Muyiwa Oni, Regional Head, Equity Research at Standard Bank Group joins CNBC Africa for more.
12 Jul 2020
This month marks a year since the Central Bank of Nigeria introduced the Loan-To-Deposit-Ratio policy. Nigeria's apex bank says banks total credit rose to 3.1 trillion naira on the performance of the LDR policy. Muyiwa Oni, Regional Head, Equity Research at Standard Bank Group joins CNBC Africa for more.
14 Jul 2020
Damage from wide-spread flooding in China may have cost hundreds of millions of dollars. Hubei province, which was badly affected by the coronavirus outbreak, has seen some of the worst flooding around the Yangtze.
16 Jul 2020
Three of the largest banks in the United States have dramatically increased their reserves to cover losses from unpaid loans. JP Morgan, Wells Fargo and Citigroup have together set aside $28 billion to cover bad debts in the three months from April to June. The lenders are expecting the damage from this crisis to be protracted, and unemployment in the US to remain over 10 percent until the end of the year, with knock-on effects on the repayment of loans from households and businesses.
20 Sep 2020
The swearing-in ceremony for the newly re-elected President of the African Development Bank, Akinwumi Adesina has been concluded in Abidjan Cote div’oire. Chamberlain Peterside, CEO of Xcellon Capital Advisors joins CNBC Africa to examine Nigeria’s economic prospects and the role of development banks in building resilient economies on the continent.
9 Sep 2020
Here is why you should pick up a copy of The Guardian on Thursday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Thursday.⁣⁣
10 Oct 2020
The US has blacklisted key Iranian banks in a sweeping clampdown on country's financial sector. Iran's top diplomat Javad Zarif accused Washington of trying to "blow up our remaining channels to pay for food & medicine."
24 Nov 2020
Hundreds of people pick up holiday meals at food banks in New York City days before Thanksgiving, as the US continues to battle high unemployment from the coronavirus-induced recession. US authorities have urged Americans not to travel for the holiday, with virus cases soaring soaring past 12 million confirmed cases in the world's worst-hit country.
5 Feb 2021
Here are a few reasons to pick up a copy of The Guardian on Saturday. Find these stories and much more when you grab a copy of The Guardian on Saturday. ⁣