Business

Smartcash Payment Service Bank Limited (Smartcash PSB) has partnered with Thunes, a cross-border payments infrastructure provider, to power international remittances in naira to mobile wallets. Smartcash PSB becomes one of the first financial services providers to offer naira payouts to wallets, since the Central Bank of Nigeria approved this payout …

The Minister of Interior, Dr Olubunmi Tunji-Ojo, has said Nigerians will have their passport delivered to their homes, offices, and other locations of their choice from February 2024. Speaking on Monday at the opening ceremony of the International Week of the University Of Lagos, titled, ‘Breaking the Borders of Partnership,’ …

The Executive Secretary of the Nigeria Christian Pilgrims Commission, Reverend Yakubu Pam, has assured intending consular and self-sponsored pilgrims that their safety remained a “top priority of the Commission”. This was disclosed in a statement signed by NCPC’s Head of Media and Public Relations, Celestine Toruka, and obtained by our …

Association Of Senior Staff Of Banks, Insurance And Financial Institutions (ASSBIFI), has condemned the disengagement and refusal to settle severance benefits of its over 30 exited members by the management of Heritage Bank. It also said the decision was an outright violation of Section 20 of the Labour Act. Recall, …

IHS Towers, one of the largest telecommunications infrastructure providers in Africa, Latin America and the Middle East by tower count, has emerged as one of the biggest winners of the Tech Innovation Awards (TIA) 2023, held at the Oriental Hotels, Lagos. IHS won in three categories of the awards emerging …

 Ibeto The Economic and Financial Crimes Commission (EFCC) will arraign businessman Chief Cletus Ibeto alongside his company, Ibeto Energy Development Company, on Thursday, October 5, on a 10-count charge bordering on allegations of obtaining by false pretences, fraudulent conversion of property, criminal breach of trust, forgery and deception. The duo are to …

By Segun Ogunsanya There is no gainsaying the fact that teachers are crucial to the process of education. In appraising the nexus between teaching and learning, teachers rank highest in importance because they organically facilitate the most critical part of education. Strictly speaking, the ecosystem, which comprises children, parents, teachers, …

The Arewa Youth Assembly (AYA) has petitioned the Acting Inspector General of Police and the Department of State Security over what the group termed coordinated attacks against the top management of the Nigeria National Petroleum Corporation Limited (NNPCL) especially its Group Chief Executive Officer, Mallam Mele Kyari, and Chief Financial …

$40Million Import Duty: Nigeria Customs Investigate Arik Air In Receivership for Illicit Sale of Aircraft Nigeria Customs Service has commenced an investigation into the diversion of import duties to the tune of $40 million by the management of Arik Air in Receivership. There are indications that Arik in Receivership abused …

TAJBank   TAJBank Limited has recorded the highest Tier-1 capital in the non-interest banking sub-sector in the first half of 2023. This is according to a statement by TAJBank’s Chief Executive Officer (CEO), Mr Ahmed Joda Joda said that the audited financial statements of the bank also reflected an increase …