The National Pension Commission (PenCom) has promised pensionable Nigerians that it is closely monitoring pension fund administrators (PFAs) to ensure all investments align with the Iaw. The commission, in a document seen by TheCable, said the PFAs are required to submit a daily valuation report on pension fund investments through which PenCom ensures strict […]
PenCom pledges lawful investment of pension payers’ money Read More »
Norrenberger, a financial services group, has taken over a controlling equity stake of 60 per cent in The Infrastructure Bank (TIB). The group said on Tuesday that the take-over followed a concluded acquisition arrangement which began in 2019. The Chairman of Norrenberger Group, Alhaji Ibrahim Aliyu, said through a statement that the group
Norrenberger Acquires 60% Stake in Infrastructure Bank Read More »
Central Bank of Nigeria (CBN), has issued operational and governance rules on Open Banking (OB) concept with the hope that the robust framework will deepen financial inclusion and ensure that consumers are protected. Open banking refers broadly to data sharing by operators of the financial system in providing innovative products and services to the
CBN deepens financial inclusion with Open Banking Read More »
To continue providing online and offline payment solutions, including collections, check-out, biller aggregation, and payout services, the Central Bank of Nigeria, has renewed Cellulant’s Payment Service Solution Provider License in Nigeria. The Cellulant’s Group Chief Executive Officer, Akshay Grover, said, “At Cellulant, we are committed to providing innovative and accessible digital payment solutions to
REMARKABLE! Cellulant gets CBN’s nod to continue serving customers Read More »
Nigerians have continued to lament the cash crunch menace in their daily lives even after seventy-two hours of the Governorship and State House of Assembly elections. Consumertrics notes that the current cash crunch scourge has been lingering for over three months now, without any real respite. It was gathered that some banks in Ogun and
Bank customers continue to lament cash crunch 72hrs after elections Read More »
In recognition of its outstanding financial solutions to the Nigerian insurance consumers, Leadway Pensure PFA Limited, a Nigeria’s foremost Pension Fund Administrator (PFA), has been named, West Africa’s Most Outstanding PFA Brand of the Decade at the 2023 edition of the West Africa Brands Excellence Awards. The award organisers recognised the leading PFA for
MIGHTY CONGRATS! Leadway Pensure bags ‘West Africa’s Most Outstanding PFA of the Decade’ Read More »
Despite the Central Bank of Nigeria (CBN)’s recent directive on the validity of Naira notes, Deposit Money Banks (DMBs), Microfinance Banks (MFBs) across the country continued to ration bank notes to customers. The CBN had in a directive on Monday, stated that it met with the Bankers’ Committee and has directed that the old
Banks continue to ration Naira notes to customers despite CBN directive Read More »
Old Mutual Limited, a pan-African investment, savings, insurance, and banking group has asked Nigerians to make smart financial decisions to avoid being caught on the financial crunch ravaging the nation‘s economy. The insurance firm then recommended that Nigerians should adopt insurance-backed savings to help wrestle the socio-economic volatility to the ground. Executive Head, Marketing/Customer
TIMELY! Old Mutual tasks Nigerians on smart financial decisions Read More »
To put this in perspective, inflation is the gradual increase in the price of goods and services over time, which can lead to a decline in the purchasing power of money. When inflation occurs, the cost of living increases, and consumers find that they can buy less with the same amount of money. This
How inflation can leave consumers vulnerable Read More »
Satisfied customers can be one of the most powerful assets a brand can have when it comes to promoting its products or services. Happy customers are more likely to recommend your brand to their friends and family, share their positive experiences on social media, and leave positive reviews online. Here are some strategies for
How to leverage happy customers to promote your brand Read More »
