Business

The Nigeria Football Federation has issued a demand for the immediate payment of N1 billion in compensation from Airtel Nigeria, accusing the telecommunications giant of ambush marketing involving the Super Eagles during the ongoing 35th Africa Cup of Nations finals in Morocco. In a move that has stirred controversy within …

Why Moniepoint Sued Opay – TeamApt, Moniepoint sue OPay, accuse firm of data breach, unethical recruitment, and CBN rule violations. – Plaintiffs allege poaching of BRMs and aggregators to extract insider information for POS deployment. – Court asked to restrain OPay, SOTI Investments from using or accessing any confidential data. …

Technology Company Globacom is steadily increasing mobile entertainment with the exclusive launch of Travel Saga, a premium gaming experience available only to Glo subscribers. This story-driven, role-playing adventure game delivers intense action, immersion, and competition, rivaling top titles like Call of Duty. Optimized for mobile, Travel Saga brings console-style gaming …

…Assures Nigerians on Price Stability, Listing of Refinery stocks   Dangote Refinery has reaffirmed its commitment to supplying Nigerians with premium-quality petrol (PMS) that meets global standards, in line with its vision of ensuring energy security for Nigeria and Africa. Speaking at a media briefing in Lagos, Mr. David Bird, …

Rasheed Muraina, a Lagos-based entrepreneur, has yet to receive a refund of N1,050,000 from Moniepoint, a Nigerian fintech company, after mistakenly sending the money to the wrong bank account on August 10. This is despite a court order sent to Moniepoint on November 10, directing it to refund the money …

  A Federal Capital Territory (FCT) high court has issued an order directing the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) to freeze N7.15 billion linked to Parallex Bank Limited. The interim order, handed down by Justice Hauwa Gummi of the high court in Asokoro, …

    The Nigerian Exchange Limited (NGX) has admitted an additional 3.16 billion ordinary shares of United Bank for Africa (UBA) Plc, to its Daily Official List, signalling a major enhancement of the bank’s market capitalisation whilst also deepening liquidity on the capital market. The NGX noted this in a …

  Tier-one lender, Fidelity Bank Plc, has reaffirmed its commitment to community development and educational empowerment with the donation of essential learning materials to schoolchildren in Makoko Community, Yaba, Lagos under its Fidelity Helping Hands Program (FHHP).   The outreach, which was facilitated by the bank’s Legal Services Division, saw …

  … Introduces Voice Banking, Tap and Pay and Uptime Prediction Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has launched the upgraded version of its flagship digital banking platform, ALAT by Wema. Designed as the next phase in digital banking, the upgraded …

The Nigeria Deposit Insurance Corporation (NDIC) has declared a second liquidation dividend of N24.3 billion for depositors of the defunct Heritage Bank Ltd., following continued recovery of the bank’s assets. The Central Bank of Nigeria (CBN) had revoked the banking licence of Heritage Bank on June 3, 2024, after which …