Business

The Central Bank of Nigeria has dissolved the board and management of Titan Trust Bank and three others, according to Inside Business. This followed a report submitted to President Bola Tinubu by the Special Investigator on the Central Bank of Nigeria (CBN) and Related Entities, Jim Obazee. According to Inside …

The Group Managing Directors (GMDs) of Zenith, Providus and Jaiz banks, on Tuesday, honoured the invitation by the Economic and Financial Crimes Commission (EFCC), to hand over documents relating to accounts operated by the Ministry of Humanitarian Affairs to the anti-graft agency. A source from the Agency confirmed that the …

Globacom and MTN Logos Telecom subscribers have expressed their displeasure with the approval granted by the Nigerian Communications Commission for MTN Nigeria Communications Plc to bar Globacom lines from calling MTN over nonpayment of interconnect fees. The NCC announced on Monday in a statement signed by its Director of Public …

Smartcash Payment Service Bank, a subsidiary of Airtel Nigeria, has announced its strategic partnership with Baxi, one of the largest independent non-bank SME-focused electronic payment networks in Nigeria. The partnership will focus on increasing wallet and account creation for SmartCash. The new collaboration between the two visionary companies aims to …

Dangote Refinery appears set to commence production of refined petroleum products with the receipt of the sixth batch of barrels of crude supplied by the Nigeria National Petroleum Corporation Limited (NNPCL). The fresh one million Agbami barrels of crude via MT ALMI SUN is the last cargo to complete the …

By: Philip Odiakose   Introduction: Out-of-Home (OOH) advertising has long been a cornerstone of brand promotion, but with the digital shift, the industry has encountered new challenges, including fraudulent practices. This article aims to explore the landscape of fraud in Out-of-Home (OOH) media buying, emphasizing the critical importance for brands to …

With over 4.6 trillion naira loans to customers in Q3 2023, FirstBank is committed to economic growth and transformation. At the dawn of the new year, it is natural for the Nigerian banking sector operators to anticipate dynamic shifts in regulations, increased digital innovations, and a focused approach toward sustainable …

…Says EFCC only visited and not raided head office   Management of Dangote Industries Limited has doused the concerns of stakeholders following the visit to its Head office in Lagos by officials of the Economic and Financial Crimes Commission (EFCC) saying it was ready to assist the Commission in its …

 Dangote Petroleum Refinery, on Thursday, received the fifth crude oil shipment of one million barrels of Bonny Light supplied by the Nigerian National Petroleum Corporation Limited (NNPCL), on Thursday. The company is already preparing to welcome the 6th one million crude oil cargo to the refinery, by next week. This latest …

 BUA Chairman, Abdul Samad Rabiu Operatives of the Economic and Financial Crimes Commission, EFCC, have besieged the BUA Group head office located at PC 32, Churchgate Street, Victoria Island, Lagos State. This newspaper gathered that the search by the anti-graft operatives in BUA office is still ongoing as of the time …