CeBIH Reporter – Page 17 – Commitee Of EBanking Industry Heads

UBA Introduces Twitter Transaction Notification Service

United Bank for Africa (UBA) Plc has taken banking to a new level with the introduction of twitter based transaction alerts for customers. The bank has announced that customers will now have the option of receiving transaction alerts in their Twitter direct messages inbox. Before now customers can only receive transaction alerts as text messages […]

Bank Customers in Lagos Urged to Enroll on BVN

The Central Bank of Nigeria (CBN) in collaboration with the bankers’ committee has commenced the registration of bank customers in Lagos State on the Bank Verification Number (BVN) scheme. The CBN has therefore advised bank customers in Lagos to enroll and obtain their BVN. The exercise has gone live in select bank branches in Lagos. […]

Cashless Policy Goes Nationwide Today

The cashless policy, an initiative of the Central Bank of Nigeria (CBN) and the Bankers’ Committee aimed at reducing the amount of cash in the system will be extended to 30 more states in the country from today. The policy which commenced in Lagos state in 2012 was last year extended to Abia, Anambra, Ogun, […]

ECOWAS commission wants integrated payment system

The Economic Community of West African States Commission has called on member states to intensify efforts toward the setting up of a regional payment and settlement system. This, the body said, would serve as a key component of an ECOWAS common investment market and a necessary building block for the establishment of an economic-union. A […]

Tortuous journey to cashless economy

Nigeria’s desire to modernise its payment system is gaining traction. Modern ways of paying for goods and services, which were hitherto impossible some five years ago, are now possible today, thanks to the Central Bank of Nigeria’s cashless policy drive. Citizens now go to shopping malls, eateries and supermarkets with only their payment cards in […]

Cashless policy goes nationwide July 1

The Central Bank of Nigeria on Tuesday said that the third phase of its cash-less policy would commence as scheduled in the remaining 30 states of the federation. The development was confirmed in a statement issued by Mr. Isaac Okoroafor on behalf of the Director, Corporate Communications Department of the CBN. The statement stated that […]

CeBIH call for public support

The Committee of e-Banking Industry Heads in Nigeria (CeBIH) has called on members of the public to support the cashless Nigeria policy of the Central Bank of Nigeria (CBN). CeBIH Chairman made the call at a seminar on Cash-lite Lagos – Evaluating the level of preparedness for January1, 2012 Launch, organised by the Committee last week. […]

Annual retreat of committee of e-banking industry heads (CeBIH)

L-R: Deremi Atanda of SystemSpecs the promoters of REMITA, Taofeek Adedeji of Structured Energy Systems, Charles Ifedi of Verve International/Interswitch and Ajibade Laolu-Adewale Wema Bank Plc at the annual retreat of e-banking industry heads Uyo, Akwa Ibom state

Banks Raise Investment on e-Banking Channels

Deposit Money Banks (DMBs) in the country have significantly increased the level of investment in their electronic banking channels as part of efforts to combat the rising threat to the alternative banking system. The move, would enhance confidence in electronic banking channels especially with the planned nationwide extension of the cashless policy from July this […]

CeBIH pledges support for CBN’s financial inclusion

The Committee of e-Banking Industry Heads has pledged its support for the financial inclusion strategy of the Central Bank of Nigeria. CeBIH Chairman, Mr. Chuks Iku, made this pledge at the third annual conference of the committee in Uyo, Akwa Ibom State. A statement by the committee quoted Iku as saying the purpose of the […]