Business

  CBN Governor Emefiele Banks have warned that defaulters of the new foreign exchange policy may face criminal prosecution by the Central Bank of Nigeria. The banks in emails to their customers said that defaulters of the new FX foreign exchange policy may face sanctions such as being barred from …

Nigeria's leading financial institution, Zenith Bank Plc, has introduced an Artificial Intelligence (AI) powered Chatbot on WhatsApp named ZIVA (Zenith Intelligent Virtual Assistant), which enables customers to perform financial transactions and enjoy real-time customer service from their mobile phones. Customers can enrol by simply adding the bank's verified WhatsApp mobile …

A logistics partner of ecommerce market leader, Jumia, Chidi Anyina, founder of ACOA Courier, has espoused the growing importance of logistics in the country saying the company which started in a corner of one room has grown to become one of the biggest employers of labour in Festac Town in …

  The Dangote Group has bagged three awards given by the Nigerian Society of Engineers (NSE) in recognition of its outstanding contributions to the development of the engineering profession in the country. The awards were presented during the NSE Ikeja Branch’s dinner and awards ceremony organised as part of activities …

As part of its continued commitment to educate and protect customers from e-banking fraud, Africa’s largest retail bank, Access Bank Plc, has launched an awareness campaign aimed at sensitizing customers on measures they can take to protect themselves. The campaign, themed ‘Banks Don’t Ask’, focuses on three key activities that …

Road Transport owners across Nigeria have expressed optimism that the 650,000 barrels-per-day Dangote Petroleum Refinery would deepen the downstream sector and positively impact their businesses. The transporters, under the aegis of Nigerian Association of Road Transport Owners (NARTO) after a guided tour of the refinery Plant in Ibeju-Lekki area of …

First Bank of Nigeria Limited, Nigeria’s premier and leading financial services provider has again reinforced its commitment to Youth Empowerment and Entrepreneurship through its sponsorship of the docuseries ‘’First Class Material’’ from the stables of Linda Ikeji TV Arguably Nigeria’s most valuable bank brand, FirstBank continues to pride itself as …

Titan Trust Bank Limited on Thursday, announced the opening of its state-of-the-art branch located at 17, Burma Road, Apapa, Lagos for commercial operations. A statement by the lender said the development is in furtherance of its efforts to offer customers endearing experience. The lender further noted that the new branch …

Feeding off the growing online shopping trend offered by e-commerce, logistics services are now an integral part of everyday life in major cities across Nigeria. Delivery vans and bikes hit the roads, picking orders, delivering items, keeping businesses running and customers happy at different locations of the country.   But …

The management of Nigeria Incentive-based Risk Sharing System for Agricultural Lending (NIRSAL Plc) has debunked a story by an online platform alleging N150 billion missing funds in the agency, describing it as “a ridiculous invention”. In a statement on Friday, NIRSAL, wonders how a whopping N150 billion could be missing …