What Gen Zs Want from Their Banks Urge financial institutions to be more innovative, customer-centric, inclusive, secure deposits Sunday Ehigiator As Nigeria's banking sector looks to the future, a survey by THISDAY has revealed that Nigerian youth, mostly the Generation Z (Gen Zs), born between 1997 and 2012, are
demanding banking solutions that cater to their unique needs. In separate interviews with THISDAY, the young adults said they want banks to offer flexible study loans, financial support for young entrepreneurs and improved
SURVEY mobile banking services, paving the way for a more inclusive and innovative banking industry. Also of prime importance to them
was the issue of account security, given the rate of wire frauds so as to protect their sweat in the banks from being stolen. There has been an upswing in fraudsters getting sophisticated and illegally accessing and stealing depositors funds.
The survey, conducted by THISDAY, gathered opinions from young professionals across various industries. According to the findings, the focused category of youth want banks to be more innovative, customer-centric, and inclusive of Gen Z’s, by sampling
their opinions before developing youthfocused products and reliable services that cater to their unique needs and aspirations. They emphasised the need for Continued on page 5
Minimum Wage: You Can't Dictate What to Pay, NLC Replies Governors...
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FG Begins Engagement with Govs, Lawmakers on 700km Lagos-Calabar Coastal Highway, Others...
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To Boost Liquidity, Rates’ Convergence, Others, CBN Unveils Guidelines for FX Deposit by Banks Imposes 0.30% handling charge Stock market gains N15.68tn in first half of 2024 James Emejo, Emmanuel Addeh in Abuja and Kayode Tokede in Lagos Citing the need to deepen the foreign
exchange (FX) market, boost liquidity and attain convergence in exchange rates between the parallel and official markets, the Central Bank of Nigeria
(CBN) has approved that banks may deposit their excess foreign currency notes with its Lagos and Abuja branches.
This comes as data compiled by THISDAY showed that despite FX volatility, soaring inflation rate, the Nigerian stock market appreciated
by N15.68 trillion in the first half of (H1) 2024 as investors continued to invest in blue-chip companies. The central bank stated that the
approval of FX deposit at its branches was sequel to the increasing demand Continued on page 5
Calls Mount for Joe Biden to Quit Presidential Race after Debate Fumble New York Times editorial board advises US president to step aside Bad debate nights happen, says Obama
Sunday Ehigiator with agency report The New York Times Editorial Board has called on President Joe Biden to leave the race for the White House after his performance at the CNN’s presidential debate. “The president appeared on Thursday night as the shadow of a great public servant. He struggled to explain what he would accomplish in a second term. He struggled to respond to Mr. Trump’s provocations. He struggled to hold Mr. Trump accountable for his lies, his failures and his chilling plans. More than once, he struggled to make it to the end of a sentence,” the board wrote in an opinion piece published yesterday. According to the Board, “The greatest public service Mr. Biden can now perform is to announce that he will not continue to run for re-election. As Continued on page 5
FIRST 2024 US PRESIDENTIAL DEBATE... President Joe Biden (right) and former President, Donald Trump participate in the first presidential debate of the 2024 elections at CNN's studios in Atlanta…Thursday PHOTO: ANDREW CABALLERO-REYNOLDS/AFP VIA GETTY IMAGES
Enugu Governor Bags Presidential Award for MSMEs Development...
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