MoneyMaster PSB (MMPSB), a major payment service bank promoted by Globacom, is embarking on a reward scheme for Glo subscribers in the Lagos area who register and activate their own G-Kala wallets. The proposed reward, offering airtime for subscribers who seize the opportunity to register their G-Kala wallets under the …
Read More »Twitter, DSS slammed with N10bn suit
Twitter A legal practitioner, Mr Maxwell Opara, has filed an alleged defamatory suit seeking N10 billion in damages against Twitter and the Department of State Services (DSS). In the writ of summons marked: FCT/HC/CV/7186/23 and filed at the FCT High Court by Malachy Nwaekpe, Opara listed Twitter Nigeria Limited and Director-General (DG) …
Read More »N6.9bn Fraud: Emefiele, CBN Staff Face 5 Years Imprisonment In Fresh Procurement Charges Filed By FG
The Federal Government is apparently pursuing a five-year jail term against the suspended governor of the Central Bank of Nigeria, Godwin Emefiele, having instituted a fresh 20 counts procurement fraud charges against him which relies heavily on Section 19 of the Corrupt Practices and Other Related Offences Act 2000. That …
Read More »AT ITS 11TH AGM, FBNHOLDINGS REASSURES SHAREHOLDERS OF SUSTAINED IMPROVEMENTS AND DIVIDENDS
The 11th Annual General Meeting (AGM) of FBN Holdings Plc (FBNHoldings), the parent company of Nigeria’s premier financial inclusion services provider, FirstBank, was held on Tuesday, 15 August 2023. The virtual AGM was presided over by Alhaji Ahmad Abdullahi, the Group Chairman with shareholders, directors, Management staff and other stakeholders …
Read More »Kuda CTO Emphasizes the Role of Fintechs in Deepening the Digital Economy
Musty Mustafa, the Chief Technology Officer and Co-founder of Kuda Technologies Limited has reaffirmed the pivotal role of fintechs in Nigeria’s pursuit of fully harnessing the digital economy’s potential as a strategic non-oil contributor to national socio-economic growth. In an exclusive interview, Mustafa commended the Federal Government’s digital economy policy …
Read More »After one month of production shutdown, NNPCL restores crude oil at Forcados Terminal
Hope for an increase in crude oil production has been rekindled as Nigeria’s crude oil production is expected to rise by at least 350,000 barrels per day, THE WHISTLER reports. This is as a result of the decision of the Nigerian National Petroleum Company Limited (NNPCL) to resume operations at …
Read More »Innovation in Mobile Apps: What Are The New Possibilities Behind Your Mobile
Mobile Apps Mobile apps have become an indispensable part of our lives in today’s fast-paced digital era. From social networking to finance, entertainment to productivity, there seems to be an app for everything. The continuous evolution of technology has unleashed a world of possibilities, enhancing user experiences and redefining convenience. …
Read More »CBN To Rename I&E Window To Nigerian Foreign Exchange Market Amid Forex Pressure
CBN Headquarters In Abuja The Central Bank of Nigeria is planning to rename the Investors’ and Exporters’ (I&E) Window to the Nigerian Foreign Exchange Market (NFEM). The acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi said the decision is because the I&E Window is the only recognised …
Read More »Fidelity Bank Distributes Food Packs to Benue IDPs
Leading financial institution, Fidelity Plc, has distributed over 1,200 food packs to the internally Displaced Persons in Makurdi, Benue State in its ongoing commitment to eliminate hunger among vulnerable persons in the society. The event, which took place on Thursday, 10 August 2023 at the IDP Camp, Federal Housing …
Read More »Oando Plc Crisis Worsens As Share Holders Drag Wale Tinubu Others To Court
Wale-Tinubu-CEO-Oando-Plc The crisis rocking Oando Plc under the leadership of embattled entrepreneur, Wale Tinubu appears to be worsening by the day. Some aggrieved shareholders of Oando Plc have dragged the Chief Executive Officer, Wale Tinubu and 11 others before a Federal High Court seating in Lagos. ENigeria Newspaper reports that some …
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