DEBIT MASTERCARD IS READY…

eservicesDear Esteemed customer, your SeedCapital Debit MasterCard is ready for pickup at our office, No. 2 Montgomery Road Yaba, Lagos. Please come for your ATM cards and do all your transaction and shopping with ease on any POS or ATM machine across Nigeria
… Go Cashless from today; it’s safer.

Corporate Governance Code For Microfinance Banks

ESSENTIAL REQUIREMENTS FOR NIGERIA BANKS 1.0   INTRODUCTION Recent disclosures by the Central Bank of Nigeria [CBN] of the large scale mismanagement and gross insider abuses in some of the universal banks taken over by the regulatory authority  further strengthened the need for institutionalizing sound corporate governance in every financial institution. Given the large number of over 900…

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CBN Cashless Policy

The Central Bank of Nigeria (CBN) has introduced a new policy on cash-based transactions which stipulates a �cash handling charge� on daily cash withdrawals that exceed N500,000 for Individuals and N3,000,000 for Corporate bodies. The new policy on cash-based transactions (withdrawals) in banks, aims at reducing (NOT ELIMINATING) the amount of physical cash (coins and notes) circulating…

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