Transactions On NGX Decline By N25b

Transactions On NGX Decline By N25b

The value of transactions on the Nigerian Exchange (NGX) dropped by 13.81 per cent on Tuesday after two days of Easter break. Consequently, the market capitalisation shed N25 billion or 0.04 per cent to close at N59.095 trillion, as against...
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Firstmonie Agents Hit One Billion Transaction Volume

Firstmonie Agents Hit One Billion Transaction Volume

Firstmonie has collectively processed transaction volume in excess of one billion, amounting to over N22 trillion, First Bank of Nigeria Ltd, has disclosed   Group Head, Marketing and Corporate Communications, Mrs Folake Ani-Mumuney in a statement ex...
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SEC Begins Regulatory Fee On Fixed Income Transactions Jan 1

SEC Begins Regulatory Fee On Fixed Income Transactions Jan 1

The securities and Exchange Commission is to commence regulatory fee on fixed income (Bonds) secondary market transactions with effect from January 1, 2022.   This was contained in a Circular dated December 15, 2021 and signed by the Management of the S...
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First Bank Unveils Transact And Win Promo, Rewards Firstmonie Wallet Customers

First Bank Unveils Transact And Win Promo, Rewards Firstmonie Wallet Customers

Users of Firstmonie Wallet, the mobile-friendly wallet application by FirstBank are in for an exciting time as they are being rewarded for their continued patronage of its services in a two-month campaign, tagged Transact and Win promo which started on...
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Ecobank Celebrates Nigerians In Diaspora, Explains Zero Fees For Transactions On Rapidtransfer

Ecobank Celebrates Nigerians In Diaspora, Explains Zero Fees For Transactions On Rapidtransfer

In commemoration of this year’s National Diaspora Day event, Ecobank Nigeria is joining the rest of the country to celebrate Nigerians in the diaspora by making transactions on its proprietary money transfer app, Rapidtransfer, free of charge.   Th...
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FirstMonie Network Records N6tri Transactions

FirstMonie Network Records N6tri Transactions

First Bank of Nigeria Ltd processed transactions worth over N6 trillion on its FirstMonie Agent network as at July 2020.  Dr Adesola Adeduntan, FirstBank Chief Executive Officer, disclosed this on Thursday, at the bank’s FinTech Summit 4.0 webinar in Lagos....
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FirstMonie Network Hits 500,000 Customer Transactions Daily

FirstMonie Network Hits 500,000 Customer Transactions Daily

First Bank of Nigeria Limited (FBN) FirstMonie network, introduced to boost financial inclusion, presently processes over 500,000 customer transactions daily. The bank’s Managing Director, Dr Adesola Adeduntan, disclosed this at the FBN’s agent banking nat...
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