Tag: E-banking
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Nigerians paid N154bn as e-banking fees in H1’ 23
Customers of nine prominent Nigerian commercial banks paid a staggering N154 billion in fees for utilising electronic banking (e-banking) services during the first half of 2023 (H1’23). The banks in question, including Guaranty Trust Bank, Access Bank, Zenith Bank, United Bank for Africa Plc, Stanbic IBTC, First City Monument Bank, Unity Bank, Fidelity Bank, and…
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Igbo youths reject CBN’s policy on Cash withdrawal limit
A group known by the name the Coalition of South East Youth Leaders, (COSEYL), has called against the new policy introduced by the Central Bank of Nigeria to limit daily and weekly cash withdrawals in the country as from the 9th of January.
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How PAYCOM Nigeria Limited removed money from journalist’s Access Bank account after declined transaction
But now, we have to wait for the PAYCOM NIGERIA LIMITED to return the money
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E-banking fraud: NCC wants better authentication processes for mobile apps
As fraudsters continue to exploit the weaknesses of mobile apps, especially mobile banking apps, the Nigerian Communications Commission (NCC) has said putting better authentication processes in place has become vital. TheNewsGuru (TNG) reports Executive Vice Chairman, NCC, Prof Umar Garba Danbatta stated this during a stakeholder’s forum on Financial Fraud Using Telecoms Platform the commission…