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  • 7 hours ago PDP’s NEC confirms Anyanwu National Secretary
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  • 7 hours ago FCTA staff protest unpaid salaries, hazard allowances, picket minister’s office
Home Tag Archives: e-channels

Tag Archives: e-channels

Banking & Finance

Banks invest N100b on e-payment channels, deny hoarding new Naira notes

By Breezynews
6 February 2023
in :  Banking & Finance
0
82

The Association of Corporate Affairs Managers of Banks (ACAMB) has denied that banks are hoarding new Naira notes, and assured that normalcy would soon return in the currency swap system. In a statement by ACAMB President, Mr Rasheed Bolarinwa, the association said that the banks have invested over N100 billion to develop electronic payment channels. The statement read: “Nigerian banks …

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