The importance of financial inclusion is derived from the promise it holds as a tool for economic development, particularly in the areas of poverty reduction, employment generation, wealth creation and improving welfare and general standard of living.
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Bank mistakenly puts N36 .7 million in couple's account, go on spending spree – Daily TrustA Pennsylvania couple is accused of theft after going on a shopping spree with $120,000 (about N36.7 million) that was mistakenly deposited into their bank account, according to a report. Robert Williams and his wife, Tiffany Williams, appeared in court Tuesday after they spent two and a half weeks blowing through most of their accidental windfall … Nice one
Source: Daily Trust - 🏆 13. / 51 Read more »
CBN gives approval to 3 payment service banks – Daily TrustThe Central Bank of Nigeria (CBN) has issued Approvals-in-Principle (AIP) to three Payment Service Banks (PSBs). The three institutions issued approvals in principle to operate as Payment Service Banks are; Hope PSB, Money Master PSB and 9PSB.ADVERTISEMENT The CBN Director, Corporate Communications Department of the CBN, Isaac Okorafor, said the approval is in line with … Is this not foolishness?
Source: Daily Trust - 🏆 13. / 51 Read more »
Fidelity Bank renovates healthcare centre at Lobo village – Daily TrustFidelity Bank has renovated a Primary Healthcare Centre in Lobo village of Yamaltu/Deba Local Government Area of Gombe State. The Branch Manager of the bank, Umar Bappi, said during the commissioning and handover of the refurbished health facility to the community that it was in fulfillment of the bank’s Corporate Social Responsibility philosophy, which focuses …
Source: Daily Trust - 🏆 13. / 51 Read more »
Insecurity: Forum urges Buhari to constitute Police Trust Fund – Daily TrustPresident Muhammadu Buhari has been urged to immediately constitute the Board of Trustees of the Police Trust Fund in line with the powers and functions enshrined in the Police Trust Fund (Establishment) Act 2019 (PTFA).
Source: Daily Trust - 🏆 13. / 51 Read more »