Business

63rd Independence Anniversary: Glo greets Nigerians

As Nigeria marks its 63rd independence anniversary, total telecommunications solutions provider, Globacom, has sent its well wishes to Nigerians, while commending their resilience. The company remarked that despite the difficulties the nation has faced in its journey  over the years, Nigerians’ tenacity since independence has kept it moving forward. In …

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Naira down to N1005/$ in parallel market

  The naira yesterday depreciated to N1005 per dollar in the parallel market from N995 per dollar on Tuesday. Similarly, the naira depreciated in the Investors and Exporters, I&E, window yesterday to N775.31 per dollar. Data from FMDQ showed that the indicative exchange rate for the I&E window rose to …

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Fraud! How Ex-FIRS Chairman, Muhammad Nami Approved N11bn ‘suspicious’ Payments After His Sack…

After his sudden exit as chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami went on to approve N6 billion as payments to several contractors and consultants, TheCable can report. Nami, who was succeeded by Zacchaeus Adedeji, greenlit the payments two days after he was sacked on September 14, according to documents seen …

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Bank customers pay N154bn fees for e-banking services

•As account maintenance fee hits N66.7bn Customers of nine leading commercial banks paid N154 billion fee for using electronic banking services in the first half of the year (H1’23). Details of the banks’ financial statements for H1’23 showed that the fee represents a 16.7 percent year-on-year (YoY) rise when compared …

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Access Bank enhances agric desk, launches Devt Desk

  Access Bank Plc has enhanced its Agriculture Desk for improved value for customers and stakeholders. The bank also launched its Development Banking Desk that will cater and focus on Not-for-Profit organisations. According to Access Bank, the Agriculture Desk positions the bank at the forefront of Nigeria’s agricultural financing market …

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