Industry News

  • Home
  • Portfolio Categories
  • Industry News

Review of e-payment tech tops agenda at CeBIH forum

The impact of the various technological innovations and advancements in the payments system, particularly how payments and banking are done today would be brought to fore at the 2016 retreat of the Committee of Electronic Banking Industry Heads (CeBIH). Tagged: “Disruptive Technology and the Future of Payment”, the event will hold from December 1 and 2, […]
Read more


The Ecobank Group has signed a Memorandum of Understanding (MoU) with Mastercard to roll-out Masterpass QR, a mobile payment solution, across 33 African countries. This new agreement will give Ecobank the scale and capacity to achieve its 100 million customer ambition in a profitable and sustainable way by 2020. The MoU signals the largest Masterpass […]
Read more

In July, Nigerians Transacted N59bn via PoS Alone.

According to the Nigeria Inter–Bank Settlement System (NIBSS), the value of transactions recorded in July alone via PoS merchants across the country rose to N59 billion representing a N4 billion increase. The volumes of transactions were recorded from over 62,000 active terminals out of the 121,785 POS terminals deployed. According to  Mrs. Regha Onajite, chief […]
Read more

CeBIH chairman pledges to grow adoption of e-payment

Newly elected Chairman, Committee of E-Banking Industry Heads, (CeBIH), Mr.  Dele Adeyinka has pledged to focus on growing the adoption of electronic payment technologies in the country. He stated this in Lagos after the election of new executives to run the affairs of the group. Adeyinka, who is also the Head of e-Business, Wema Bank, […]
Read more

How banking industry can check e-fraud

The Committee of e-Banking Industry Heads (CeBIH) has identified strategies, which it believes the Central Bank of Nigeria (CBN) and Deposit Money Banks (DMBs) can utilise in checking electronic fraud (e-Fraud). CeBIH Chairman, Mr. Tunde Kuponiyi, disclosed this in a paper published in the Nigeria electronic Fraud Forum (NeFF) 2014 annual report, entitled, “e-Fraud: Fighting […]
Read more