Business Hilights

Tracking Nigeria's Headline Business News Online

Nigeria Inter Bank Settlement System (NIBSS)

(Special Report) Technologies turning banking halls empty?

Since the soaring deployment of innovative financial technologies (Fintech), the future of banking have started drifting from mere physical structures with bankers glued to their computers serving people on the line  to terminals of financial deals without human interface, but…

CBN and banks
ICT

Key framework for cyber security of data in banking system coming—CBN

Rising from the 2018 Nigeria-JP Morgan Chase Cyber Security Conference held in Abuja on Thursday, the Central Bank of Nigeria (CBN) has revealed that efforts are underway to develop a Risk Based Cyber Security Framework for banks and payment service…

Experts at PoS innovation summit give antidote to seamless financial inclusion

The best bet for the effective achievement of financial inclusion will be dependent on deployment of simple technologies and processes that align with the realities of the target audience who are mainly at the bottom of the pyramid. This was…

Nigeria on average of one ATM to 3,556 customers—NIBSS Report

Latest report of the Nigeria Inter Bank Settlement System (NIBSS) accessed by Business Hilights has once again, exposed the inadequacies of Automated Teller Machines (ATM) deployed across the federation. According to the statistics, the number of ATM deployed in the…