Business - Page 11

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

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Access Holdings Donates To Bethesda Child Support Agency

Mohammed Shosanya Access Holdings Plc has donated buses to Bethesda Child Support Agency,in order to empower vulnerable children through education. As part of its longstanding partnership with Bethesda Child Support Agency, The

August 31, 2024

Banking&Finance·Business

FG Moves To Revitalise 1,091 Tourist Sites

Mohammed Shosanya The Federal Government,says 1,091 tourist sites in the country are currently undergoing revitalisation in line with its Renewed Hope Agenda for Nigerians. Ms. Lola Ade -John, Minister of Tourism,stated this

August 31, 2024

Business·Travel & Tourism

2 Cryptocurrency Firms Get SEC’s Approval To Commence Operation

Mohammed Shosanya The Securities and Exchange Commission has granted two Digital Assets Exchanges “Approval-in-Principle” to commence operation under the Accelerated Regulatory Incubation Program, ARIP. The companies granted approval are Busha Digital Limited,

August 30, 2024

Business·Insurance&Pension

87 Microfinance Banks Face Liquidation

Mohammed Shosanya The Nigerian Deposit Insurance Corporation (NDIC) is making moves to approach a Federal High Court to grant the order to dissolve 87 microfinance banks and primary mortgage banks in the

August 30, 2024

Business·Insurance&Pension

NCC Links 153m NINs To SIMs,Sets Deadline For Final Compliance

Mohammed Shosanya The Nigerian Communications Commission (NCC) has directed all Mobile Network Operators (MNOs) to complete the mandatory verification and linkage of SIMs to NINs by September 14, 2024. The commission said

August 29, 2024

Business·IT&Telecoms

Custody Business:Ecobank Gets CBN,SEC’s Nod

Mohammed Shosanya Ecobank Nigeria Limited has received approvals from the Securities and Exchange Commission and the Central Bank of Nigeria for the launch of its custody business operations in the country. In

August 26, 2024

Banking&Finance·Business

NESG Advocates Revamp Of Manufacturing Sector

Mohammed Shosanya The Nigerian Economic Summit Group (NESG),has advocated the need for the revitalisation of Nigeria’s manufacturing sector. The group expressed this at a pre-summit webinar ahead of the 30th Nigerian Economic

August 26, 2024

Business·SME/Manufacturing

Afreximbank Facilitates US$650m Financing For Oando’s Acquisition Of NAOC’s 20% Interest In Nigerian JV

Mohammed Shosanya African Export-Import Bank (Afreximbank) has arranged a senior US$500-million and a junior US$150-million reserve-based lending facility for Oando Petroleum and Natural Gas Company Limited. The facility was used to finance

August 24, 2024

Banking&Finance·Business

Rivers Signs Pact For Establishment Of New Port City

Mohammed Shosanya Rivers State Government has signed a Public-Private-Partnership framework agreement for the establishment of a New Port City. The port would be sited on a 1,000 hectares of land that will

August 23, 2024

Business·Maritime

Diaspora Remittance Hits $553m

Toluwani Shosanya The Central Bank of Nigeria (CBN) has reported a significant increase in remittance inflows, reaching $553 million in July 2024. Mrs. Hakama Sidi Ali, the Acting Director, Corporate Communications, in

August 21, 2024

Banking&Finance·Business

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