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Posts published in “Banking”

Nigeria Banks’ contract workers rise to 46,235

The number of full-time workers in the Nigeria banking industry has been on the decline as contract employees have doubled in the past two years, rising from 20,237 to 46,235, investigation has revealed.

Figures obtained by our correspondent on Wednesday showed that the number of contract workers in the industry rose from 20,237 in the first quarter of 2017 to 32,013 at the end of Q1 2018.

ATCON seeks NCC’s autonomy on USSD pricing

Telecommunications operators have called on the Federal Government to allow the Nigerian Communications Commission (NCC) independence to enforce the legal determination of the USSD pricing that was approved to be effective from September 1.

The operators, under the aegis of the Association of Telecommunications Companies of Nigeria (ATCON), said the banks should only be allowed to apply a cost recovery charge to the consumers using the USSD platform or any other telecom related platform used to gain access to the consumers’ mobile device or the Subscribers Identification Modules (SIM).

Digital banking and why ‘Business as usual’ is not an option

The financial services industry, like many others, is under pressure. There are the threats of disruption and disintermediation, a complex regulatory environment, fraud and cybercrime and the burden of legacy systems.

But innovations, investments and compliance have emerged key to navigating the global issues militating against the free flow of financial services and inclusiveness.

Stanbic IBTC Gets Awards

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has won three awards at the All-Africa Employee Engagement Awards held in Sandton, Johannesburg, South Africa.

The awards reward individuals and businesses for contributions to the development of employee engagement and the future of work on the African continent.

Leaked Memo Shows Nigeria Banks Asked Telcos To Charge For USSD Service

Nigerian banks proposed to telecom companies to charge customers directly for USSD services, a memo seen by TheCable has revealed.
This seems to contradict the public denial by bank CEOs on Monday.

Nigeria Banks Says : We Didn’t Ask MTN To Charge For USSD Service

Commercial banks in Nigeria on Monday denied instructing MTN to deduct charges for USSD service.

In an advertorial, the lenders, acting under the aegis of Body of Bank CEOs said its attention had been drawn to a text message sent by the telco concerning the issue.

Stanbic IBTC Plc gets Awards

Johannesburg: Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has won three awards at the All-Africa Employee Engagement Awards held in Sandton, Johannesburg, South Africa.

The awards reward individuals and businesses for contributions to the development of employee engagement and the future of work on the African continent.

USSD Code: Nigeria Government Orders Immediate Suspension of Charges

In response to the newly introduced charges on banking transaction made via mobile money USSD Code.

The Federal Government of Nigeria has ordered the suspension of the USSD code charges which was to commence Monday, 21st October.

List of Mobile Banking USSD Codes for All Banks in Nigeria – Check It Out

USSD Codes for All Banks in Nigeria

Nearly all banks in Nigeria now have their special USSD codes for mobile banking Services. Transactions.

This list of Mobile Banking USSD Codes makes it convenient for bank customers to carry out important bank transaction with the use of their mobile phone.

How To Transfer Money Via Wema Bank USSD Code

Wema Bank USSD Code For Mobile Money Transfer

Wema Bank Nigeria Plc is an Old generation bank originally funded by state governments of South West Nigeria.

To make banking easy for it teaming customers spread across states in the South West Wema Bank Nigeria Plc, rolled out the Mobile banking USSD Code *945#.

Wema Bank USSD Code For Mobile Money Transfer

Mobile banking USSD Code *945#, allows you transfer money to any bank account in Nigeria, pay for bills, pays for goods and services, recharge airtime, check account balance etc.