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Top Nigerian bank chief executive officers and other top executives are said to be jittery following fresh directives by the Economic and Financial Crimes Commission (EFCC) for bank employees to declare their assets in accordance with the bank employees declaration of assets act. The act requires every bank employee to make a full disclosure of …

As part of its continuous effort to catalyse the growth and sustainability of Small and Medium-Scale businesses in Nigeria and Africa, Pan Africa Financial Institution, United Bank for Africa, (UBA) Plc will be hosting its next Business Series on Wednesday, March 17th, 2021. The UBA Business Series, which is held quarterly, …

…. open to all African entrepreneurs with business ideas from across all 54 African countries. Lagos, March 2021: The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy dedicated to empowering African entrepreneurs, will close applications for the Tony Elumelu Entrepreneurship Programme on its TEFConnect digital platform (www.tefconnect.com) on March 31. This year’s …

 Polaris Bank has commenced implementation of the regulatory Central Bank of Nigeria (CBN)’s extra N5 for every Dollar received into domiciliary accounts or as cash over the counter. The acting Managing Director/CEO of Polaris Bank, Mr. Innocent C. Ike disclosed that “growing evidence has shown a positive relationship between diaspora …

The National Information Technology Development Agency (NITDA) has placed a N5 million (Five Million Naira) fine on Electronic Settlement Limited over breach of personal data. NITDA said that it discovered the data breach after analysing the company’s applications and websites; visiting the company’s office in Lagos, reviewing its technical documents and interrogating its officials. …

Zenith Carex International Limited has been blacklisted by Global Fund for an alleged $3 million fraud. According to Premium Times, Zenix Carex was accused of systematically inflating invoices for the distribution of health commodities to warehouses and health facilities throughout Nigeria. In its latest report published March 9, the Office of the Inspector General (OIG) of …

The Christian Association of Nigeria (CAN) has sued the federal government over the implementation of the Companies and Allied Matters Act (CAMA) 2020. On August 7, President Muhammadu Buhari signed CAMA into law. The law stipulates that religious bodies and charity organisations will be regulated by the registrar-general of the Corporate Affairs Commission (CAC) …

A report by the National Bureau of Statistics (NBS) released on Monday revealed that Nigeria’s unemployment rate rose from 27.1 per cent in the second quarter of 2020 to 33.3 per cent in the fourth quarter of 2020. The NBS stated in its report on ‘Labour force Statistics: Unemployment and underemployment report- Abridged labour …

Ecobank Nigeria Limited has launched the Super Rewards Scheme, which gives 200 of its customers an opportunity to earn different cash gifts monthly, with four of them becoming millionaires at the end of the four months campaign. Korede Demola-Adeniyi, Head, Consumer Banking, Ecobank Nigeria, who announced the commencement of the campaign in Lagos …

Bandits have stormed UBE Primary School in Rama village, abducting many pupils and teachers in Birnin Gwari Local Government Area of Kaduna State. Residents of the community disclosed that the incident occurred around 9am on Monday while pupils were trooping into the school. A resident, Abdulsalam Adam, told Daily Trust that …