DailyrecordNg …Nigeria's hottest news blog

 By Adedoyin Giwa From employment opportunities to digital development and advancement, e-commerce holds enormous business potential. The world of possibilities embedded in digital services was espoused when covid-19 crippled business activities across the world. Ecommerce was crucial for the survival of thousands of SMES during the lockdown and also offers …

Eleven young enterprising Africans, among them two Nigerians, who have been named Young Global Leaders (YGL) by the World Economic Forum (WEF) for 2021, are to benefit from the Aliko Dangote Fellowship endowed to support African Young Global Leaders. The beneficiaries are among 112 persons under 40 years of age, …

Panelists at the second edition of Development Bank of Nigeria’s International Women’s Day Seminar have stated that failure to optimize the potential of women will affect the social and economic development of Nigeria. The virtual event was organized by DBN in commemoration of the 2021 IWD themed: #Choose to Challenge. International Women’s Day …

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) …