Business

Alleged N23bn fraud rocks MTN’s MoMo PSB, one month after launch Momo Payment Service Bank Limited (MPSBL), the banking subsidiary of MTN Nigeria Communications Plc, is currently enmeshed in an alleged N23 billion fraud scandal, one month after the launch of the platform. The mobile money banking firm has urged …

  Our attention has been drawn to recent reports of members of the public receiving text messages with account numbers. We implore members of the public that, as a financial institution, Wema Bank takes issues around data integrity and breaches seriously, and we are currently investigating the reports. Recently, we …

Sterling Bank CEO, Abubakar Suleiman Abubakar Suleiman, managing director of Sterling Bank and three other executive directors at the financial institution, Raheem Owodeyi, Tunde Adeola and Yemi Odubiyi engaged in share dealings last week. The four top executives traded about N42.36 million worth of shares, on the heels of the …

Following the data from the National Bureau of Statistics as well as the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), that Micro and Small Medium Enterprises (MSMEs) account for about 96 percent of registered Nigerian businesses that employs about 75% of the national labour force, and contributes about …

The informal retail space in Nigeria has one of the lowest entry barriers. Most people who are into ‘hustling’ – street parlance for those chasing extra income – play in this space. Characteristically, the majority of informal retail businesses are largely unstructured despite their huge potential. Nigeria’s informal retail business …

Since his appointment as MD/CEO of First Bank of Nigeria Limited in 2016, Dr. Adesola Adeduntan has completely transformed the financial institution and has made it attractive to every strata of the society. From an institution that used to be perceived as an old-generation bank, FirstBank is now a darling …

Foluso Oguntola With a track record of experience, professionalism, safety, perfection, and above all customer satisfaction, Cyndi’s Empire, an aesthetics, skincare, and dermatology clinic which was set up at the commercial nerve center of Nigeria, Lagos State has continued to set tongues wagging with series of skincare products and services …

Oluchi Chibuzor highlights the recent special recognition and honour bestowed on the Managing Director/Chief Executive Officer of First Bank Nigeria Limited by Cranfield University Since his appointment as Managing Director/CEO of First Bank of Nigeria Limited in 2016, Dr. Adesola Adeduntan has completely transformed the financial institution and has made it …

Huawei Technologies Limited says its new CloudCampus solution breaks the limits of manual management of regular campus networks and enables the proliferating terminals to access the network and enjoy consistent experience. It also breaks network boundaries and ensures unified operations and maintenance across WLAN, LAN, and WAN. Campus networks are …

Nigeria’s foremost Media Intelligence agency, P+ Measurement Services is set to host its quarterly edition of EvaluatePR, as it welcomes all Communications and PR professionals around the globe to the 20th edition of the event. Evaluate PR is an enlightening, interactive and informative event, featuring Communications, Public Relations, and Media Monitoring professionals who will be …