The International Monetary Fund, IMF, yesterday, said that Nigeria’s banks closed 234 branches and 649 Automated Teller Machines, ATMs, in 2020 leading to a decline in the country’s Financial Access Score (FAS) to 4.44 in the year against 4.78 in…
CBN resets structures, processes for mobile banking (Vanguard)
Against the backdrop of several complaints emanating from the banking public over services delivery and security in Nigeria’s nascent mobile banking environment, the Central Bank of Nigeria, CBN, is set to further improve the system. The apex bank has also…