Mobile Banking Grows As Phone Users Hit 29 Million

The Managing Director of Nigeria Inter-Bank Settlement System (NIBSS),Mr. Adesonubi Adebisi, has stated that Nigeria has recorded growth in mobile banking, compared to some African countries. He spoke at the Fintech Summit 2017, where he analysed the data of the Fintech industry in the past few years and admitted that mobile users in Nigeria are now about 29 million.

He said: ‘’Internet banking is slowing down; mobile banking is growing and USSD is also growing while ATM usage remains stagnant in the past three years. Now, consumers engage more with the mobile world because it is fast and convenient, card transaction/POS is also growing while cheque transaction remains stagnant.’’

He noted that the larger value transactions are reducing while the smaller value transactions are increasing every time because customers are able to engage themselves with mobile banking which increases in bank transactions. The NIBSS boss added that the numbers of bank customers are not

BREAKING NEWS!! Floyd Mayweather STOPS Conor Mc Gregor In The 10th Round In The Much Anticipated Boxing Fight

Floyd Mayweather beat Conor McGregor with a 10th-round stoppage in a much-hyped fight that is expected to be the most lucrative in boxing history.

Mayweather, 40, started

2017 List Of 10 Richest Nigerians by Forbes (Check It Out)

Forbes, the world renowned organisation for ranking of rich individuals, has released the list of richest people in Nigeria for 2017,….

Can you guess which names made the list?  Oya See Below

Photos: Big Brother Germany Contestants Strip Total N@ked For Raunchy Shower Scenes

German Big Brother reality television show contestants strip completely n*ked for raunchy shower scenes in clips watched by millions of viewers which emerged on social media.

19-year-old Fulani herdsman sent to prison for raping married woman

A 19-year-old Fulani herdsman, Abubakar Likita has been remanded at Agodi prisons by an Iyaganku Senior Magistrates’ Court sitting in Ibadan, Oyo State for raping a married woman.

Likita, who reared cattle around Idiya Village in Ile-Ido, Ibadan was arraigned on a charge of having unlawful carnal knowledge of a married woman.

The Prosecutor, Sergeant

Ronaldo named UEFA player of season for 2016-2017

Cristiano Ronaldo has been named UEFA Player of the Season for 2016-2017 on Thursday. It was the third time that Ronaldo had won the award which