Banking Halls
Central bank grants 9mobile service payment bank license
9PSB (Payment Service Bank), a subsidiary of 9mobile, says it has been granted approval by the Central Bank of Nigeria (CBN) to commence operations in the country. 9mobile, in a statement on Saturday, said that its *990# payment service banking platform would help drive financial inclusion in Nigeria’s ecosystem. It said that CBN’s approval to 9PSB would also save bank customers from long queues in banking halls, consistent network failure, stringent documentations to access credit facilities and frequent transaction/dispensing error, among others. Speaking on 9PSB’s entrance into Nigeria’s financial sector, 9mobile Chief Executive Officer, Alan Sinfield, said there was a huge potential in the market and 9PSB was strategically positioned to expand its operations into financial services. “W...
Medical experts decry non-compliance to NCDC guidelines
As COVID-19 confirmed cases continue to soar, health professionals have decried noncompliance with the Nigerian Centre for Disease Control, NCDC, relaxation guidelines, expressing fears that the development may further worsen the spread of the infection across the country. In a separate interview with Vanguard, the experts described activities in the states as disastrous. In his submission, a Molecular Laboratory expert, Dr Casmier Ifeanyi, lamented that Nigerians have thrown caution to the wind with the turnout of people in the streets, plazas, and banking halls with no regard or respect for NCDC guidelines. Recalling that members of PTF had lamented the disregard for the guidelines, he expressed worry that despite the contagious nature of the disease, Nigerians still packed themselves in...
