Business - Page 110

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

Pencom Halts Charges On Artisans’ Savings

The National Pension Commission has compelled Pension Fund Administrators to stop charging any fee on micro pension funds under their management that are below N5m. It disclosed this in a circular signed

June 8, 2021

Insurance&Pension

CBN Jerks Forex Allocation To Banks

The Central Bank of Nigeria (CBN) has concluded plans to increase the amount of foreign exchange allocated to banks to meet the requests of customers. The apex bank said the development was

June 7, 2021

Banking&Finance

Customs Clears 4,438 Goods Trucks In Seme In 5 months

The Nigeria Customs Service, Seme Border Area Command says it has cleared 4,438 trucks of goods since the reopening of land borders by the Federal Government on December,16 last year. The Customs

June 5, 2021

Maritime

FG Grants N50bn For Export Expansion Facilities

The Executive Director, Nigerian Export Promotion Council (NEPC), Olusegun Awolowo,says his council has granted N50 billion naira for Export expansion facilities. Awolowo,who made the declaration in a one- day sensitization workshop on

June 5, 2021

SME/Manufacturing

Maintenance: Air Peace Welcomes Another B737

Air Peace, has announced the arrival of one of its aircraft, a Boeing 737, which has been undergoing C-Check Maintenance in Israel,a statement said The aircraft, with registration number 5N-BQU, arrived Lagos

June 5, 2021

Aviation

COVID-19:CBN Disburses N253bn To Nigerians

The Central Bank of Nigeria has disbursed N253 billion to 548,345 beneficiaries as part of its response to the COVID-19 pandemic. The acting Director Corporate Communications, Osita Nwanisobi, announced this at the

June 5, 2021

Banking&Finance

Nigeria’s External Reserves Lost $640m Last Month-CBN

Nigeria’s external reserves lost $640m in May, falling to $34.24bn on May 28 from $34.88bn as of April 28,according to a report by the Central Bank of Nigeria(CBN) The apex bank disclosed

June 2, 2021

Banking&Finance

Ketron Investment Limited Takes Over Shoprite Stores

An indigenous company, Ketron Investment Limited, has taken over Shoprite Nigeria from the Retail Supermarkets Nigeria Limited, RSNL, owner and operator of the Shoprite stores in Nigeria. The divestment by Shoprite International

June 2, 2021

SME/Manufacturing

Heirs Holdings Fresh Hope For Nigeria’s Insurance Industry-Sanwo-Olu

Governor Babajide Sanwo-Olu of Lagos,has described the launch of Heirs Holdings’ new insurance businesses – Heirs Insurance and Heirs Life Assurance as a fresh hope for the nation’s insurance industry. He spoke

June 2, 2021

Insurance&Pension

Airtel,MTN Rake In N720bn In Q1

MTN Nigeria and Airtel Nigeria made N720.07 billion from voice, data, and other services between January and March 2021. The revenue represents increase of N108.7 billion from the N611.34 billion the mobile

June 1, 2021

IT&Telecoms

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