First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has announced a webinar to sensitise individuals and businesses with useful information on being protected in today’s digital age. The virtual event is scheduled to hold by noon on Friday, 16 April 2021 with “Staying Protected Amidst the Pandemic Chaos” being the topic …
Read More »National Assembly staff, management agree on salary increase, arrears
The Parliamentary Staff Association of Nigeria (PASAN) has signed a memorandum of understanding with national assembly management on the increase of salaries and allowances. The workers have been demanding the full implementation of the new national minimum wage. The failure of the implementation of the new wage has led to …
Read More »Ecobank appoints new head of corporate banking
Ecobank Transnational Incorporated, parent company of the Ecobank Group, has announced the appointment of Akin Dada as the new Executive Director of Corporate and Investment Banking. Previously Head of Ecobank Group’s Corporate Banking, Dada joined Ecobank in 2017 as the Executive Director of Corporate Banking in Nigeria, according to a …
Read More »UBA Business Series to Equip SMEs with Performance Management Strategies for Organisational Growth
As part of its commitment to support the growth and sustainability of Micro, Small and Medium-scale Enterprises (MSME) in the continent, Pan African financial Institution, United Bank for Africa (UBA) Plc, is set to organise the next edition of its UBA Business Series. The UBA Business Series which is a monthly …
Read More »How JumiaPay is expanding access to the unbanked population
The innovative use of technology in delivery of financial services is eliciting a positive impact on businesses and customers’ experience in Nigeria. Aside from providing a cheaper, faster and user friendly financial option for Nigerians, fintech solutions are driving financial inclusion, employment creation. With about 30% population of tech-savvy and …
Read More »Dangote: Cement price from our Factories is between N2,450 and N2,510 per Bag, VAT inclusive
…says Nigeria price is in line with or lower than prices across the West African coast Management of Dangote Cement Plc has clarified that the price of a bag of cement from its factories and plants across Nigeria (as at 12th April, 2021) is N2,450 in Obajana and Gboko, and …
Read More »ASTRONOMICAL THIEVES: HOW NIGCOMSAT MD ABIMBOLA ALALE ALLEGEDLY SPLURGED N10.4 BILLION ON FICTITIOUS INSURANCE
The motive behind the extension of service for Ms. Abimbola Alale in 2019 as the Managing Director and Chief Executive Officer of NIGCOMSAT for another 4-year term may be gradually unfolding, as it is now obvious that though she is the only African on the board of Space Generation Advisory …
Read More »CBN freezes another 194 accounts of firms, BDCs, others
The Central Bank of Nigeria on Thursday said it got orders from the Federal High Court, Abuja division, to freeze 194 bank accounts belonging to firms and Bureaux de Change to enable it to conduct investigations into suspicious activities. It disclosed this on Thursday in three separate documents on its …
Read More »Lagos to close Ikeja road for 15 months
The Lagos State Government will be diverting the traffic on Adegbola Street from Sunday 11th April, 2021 for 15 months. This is to enable the construction of Ikeja Overpass for the Red Line Project of the Lagos Rail Mass Transit. Commissioner for Transportation Dr. Frederic Oladeinde, in a statement, explained …
Read More »Dangote Sugar denies involvement in price fixing, asserts its strong participation in the NSMP
Dangote Sugar Refinery PLC (DSR) is aware of an online publication claiming that Dangote Sugar Refinery PLC is engaging in price-fixing and is not honestly engaged in any Backward Integration Programme as claimed. DSR wishes to vehemently refute the allegations and assertions in their entirety as the false allegations are …
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