Business - Page 103

Access Bank Partners AfriGOpay To Strengthen Nigeria’s Payment Ecosystem

Mohammed Shosanya Access Bank has partnered with AfriGOpay, a financial services business affiliated with the Nigeria Inter-Bank Settlement System (NIBSS) to launch the first Nigerian national domestic card designed to meet the

March 30, 2023

by admin

‘How 5G Technology Will Kick Off In Nigeria’

The Nigerian Communications Commission (NCC) and major telecoms companies,Thursday,struck agreement on instruments necessary for the deployment of 5G technology in Nigeria. The instruments include;annual operating levy regulations and the frequency spectrum (fees

July 30, 2021

IT&Telecoms

CBN Commences Refund Of Deposits, Licencing Fees To Pending BDC Applicants

The Central Bank of Nigeria(CBN),has announced plans to commence refunding capital deposits and licensing fees (where applicable) to promoters with pending licence applications. The action was sequel to the decision of its

July 30, 2021

Banking&Finance

Retirees Rap PENCOM Over Shoddy Implementation Of Contributory Pension Scheme

Retirees from the Federal Civil Service, paramilitary institutions have faulted the management of National Pension Commission(PENCOM) over shoddy implementation of contributory pension scheme. The agency,they said failed to cater for their needs through

July 30, 2021

Insurance&Pension

Why Nigeria Needs Ajaokuta Steel Plant-Group

A Non Governmental Organization, NGO Network, working under the aegis of CSO Coalition for the Revitalization of Ajaokuta Steel Plant, has emphasized the need for President Muhammadu Buhari to bring alive the

July 29, 2021

SME/Manufacturing

FirstBank Pledges Commitment To Education

First Bank of Nigeria has reiterated its Corporate Responsibility and Sustainability (CR&S) initiatives in education as part of means to ensure growth and development of the country. The Managing Director of the

July 29, 2021

Banking&Finance

NCC Boosts Broadband Penetration To 45%

The Nigerian Communication Commission (NCC) has increased broadband penetration in Nigeria from less than 6% in 2015 to 45% in 2021,its Executive Vice Chairman and Chief Executive Officer of NCC, Prof. Umar

July 28, 2021

IT&Telecoms

N69bn Debt:AMCON Takes Over Jimoh Ibrahim’s Insurance Firms

The Asset Management Corporation of Nigerian (AMCON),has taken over Nicon Insurance Limited and the Nigeria Reinsurance Corporation (Nigeria Re)over an alleged N69.4 billion debt. AMCON has changed the board and management of

July 28, 2021

Insurance&Pension

CBN Stops Sale Of $5.7 billion To Money Changers,Mulls Introduction Of Digital Currency

The Central Bank of Nigeria (CBN),has stopped the sale of foreign exchange to bureaux de change reduce the pressure on the nation’s currency. Governor of the bank,Godwin Emefiele said the decision will

July 28, 2021

Banking&Finance

Fidelity Bank Promotes 745 Staff

Fidelity Bank has elevated 745 employees to as part of the moves to boost their morale and enhance productivity on the job. The bank disclosed that a total of 461 staff members

July 27, 2021

Banking&Finance

Pension Fund Now N12.66tr As PenCom Commences Payment Of 2.5% Pension Differentials To Retirees

The National Pension Commision (PenCom),says pension fund assets had risen to N12.66 trillion as at June 30, 2021. It also said contributors under the Contributory Pension Scheme (CPS) has grown to 9.38

July 27, 2021

Insurance&Pension

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