Nigeria has been ranked sixth among the top 10 countries with the highest exposure to funds and support from the World Bank. According to the International Finance Corporation (IFC), a member of the World Bank Group’s annual report, “Meeting the Moment”, Nigeria was sixth with a benefit of $2 billion, …
Read More »FIGHTING CORRUPTION? EFCC earmarks N900m for transportation, training
EFCC Chairman, Abdulrasheed Bawa The Economic Financial Crimes Commission (EFCC) led by Abdulrasheed Bawa, plans to spend N920,921,105 on traning and transportation of its operatives to different locations within and outside the country in 2022. This is part of EFCC’s budget contained in the 2022 Appropriation Bill submitted by President …
Read More »Having Pickup Stations Close to Customers Is 100% Ideal, Says Jumia Partner
A Jumia partner, and CEO Topik M&F Kollection, Ekhomalomen Innocent, has described the recent move of the e-commerce firm to have pickup stations in locations close to customers, as ideal for promoting online shopping culture, especially in rural and secondary cities in the country. Innocent explained that the initiative will …
Read More »MasterCard Foundation partners EDC to train and create 200,000 Jobs
…Releases website to register In bridging unemployment gap among the youth, Mastercard Foundation in collaboration with Enterprise Development Centre (EDC), since last year has commenced training of Nigerian youths with a view to creating a minimum of 200,000 jobs in the next five years. The director, Enterprise Development Centre …
Read More »Stanbic IBTC Bank to reward customers with N30m cash prizes in its Reward4Saving Promo
…As 60 customers Win N6m in September Draws Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC has rewarded 60 of its new and existing customers with the sum of N6m for the September draws in its Reward4Saving Promo where the bank’s customers are expected to win cash …
Read More »Fidelity Bank customers in pain as their N874m disappears from accounts
Fidelity Bank Plc, a tier-2 lender in Nigeria, led by Nneka Onyeali-Ikpe as its chief executive officer, is in the news again for the wrong reason The Moment Nigeria exclusively reports. A Lagos High Court yesterday heard how staff members of Fidelity bank Plc hacked its database, cloned over …
Read More »Ex-FCMB Staff, Spare Parts Dealer Re-arraigned Over Alleged N66.6m Scam
A former banker with First City Monument Bank (FCMB) Seun Awosanya and an auto spare parts dealer, Amechi Osita, were today, re-arraigned before a Lagos Federal High Court, by the Police’s Special Fraud Unit (PSFU), on charges bordering on fraud and stealing of the sum of N66, 450, 000 million. …
Read More »Our captors fed us with grass – Victim narrates ordeal in kidnappers’ den
Some of the victims who were kidnapped in different parts of Zamfara State resorted to eating grasses to survive when their captors left them with no food. One of the victims, who gave her name as Iklima Murtala, claimed that 17 persons died as a result of starvation. Receiving the …
Read More »Over 77m users stranded as MTN services encounter glitch nationwide
Over 77 million subscribers of MTN Network across Nigeria are currently experiencing service outage and are unable to connect. This newspaper gathered that the customers of the telco were unable to use the mobile network operator’s call, data and SMS services on Saturday. The outage began around 2:00pm as “emergency calls only” …
Read More »Chi Limited In Massive Trouble As MD, Roy Deepanjan Mis-Managed N19.6billion
These are unprecedented times at Chi Limited, makers of fast-moving consumer goods, including Chivita Fruit Juice, where the outgoing Managing Director, Roy Deepanjan, has been accused of mismanaging allowances meant for staff welfare. Members of staff were seen blocking Roy in the factory as he was on his …
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