Business

The Federal Inland Revenue Service has appointed Sterling Bank Plc as a collecting agent to recover taxes from 2,933 defaulting companies. This was disclosed in a letter signed by the Chairman, FIRS, Mr Tunde Fowler, and addressed to the Managing Director/Chief Executive Officer, Sterling Bank, Abubakar Suleiman. The letter, which …

Marilyn Amobi, the managing director of the Nigeria Bulk Electricity Trading (NBET) Plc, fraudulently paid at least N2 billion naira to two power generating companies, documents obtained by Leaks NG have shown. The documents also revealed that Mrs. Amobi, who was made the substantive boss of NBET in July 2016, was also …

The maiden Judges’ Workshop on Secured Transaction in Movable Asset Act (STMA) and National Collateral Registry (NCR) opens in Abuja on Monday, February 11, 2019, at the National Judicial Institute (NJI). The two-day workshop organized by the Central Bank of Nigeria (CBN), in collaboration with the NJI aims to acquaint …

  United Bank for Africa (UBA) Plc has commenced full banking operations in Mali, extending its footprint and fulfilling the aspiration of deepening banking penetration in Africa. The launch of UBA Mali  brings to 20 the number of African countries where the group currently operates, with global operations in the …

Just weeks left before the biggest merger Nigeria has ever witnessed finally takes effect, the management of Diamond Bank Plc has assured its customers that the move will serve to their advantage.   A statement by the company, yesterday, disclosed that the need to guarantee customers’ satisfaction is one of the factors …

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has expressed optimism that another revolution, similar to what was recorded in the production of rice production, was about to occur in the tomato sub-sector. The CBN Governor said this while speaking during a facility tour of Dangote Tomato Processing …

United Bank for Africa (UBA Group) kicked off the first session of the week-long Social Media Week Lagos 2019 with the announcement that its chatbot Leo now covers 17 African countries and has one million subscribers. Leo was launched in January 2018 to enable customers of the bank have access …

Lagos, Nigeria – Fast rising Independent measurement and evaluation agency, P+ Measurement Services, has launched a measurement and evaluation training program, MATE+ to train young and mid-level marketing and communications professionals in Nigeria. Measure|Analyze|Train|Evaluate + (MATE+), is designed to help close the knowledge and experience gap in media measurement and evaluation, by granting trainees access to classroom styled …

Keystone Bank Limited, Nigeria’s most innovative banking services provider, has introduced ‘Cheque Deposit’ feature in its mobile banking application, the new ‘Keystone Mobile App’. The feature which is another first from the Bank and in the Nigerian banking sector, enables customers to pay cheques into their accounts at their convenience …

  With ever-increasing customer expectations of quick service and near real-time transactional support, United Bank for Africa (UBA) committed resources to Artificial Intelligence (AI) a year ago, birthing Leo, a Banking Chatbot that helps customers carry out key banking transactions anywhere, using mobile devices and personal computers. Leo can be …