Business - Page 133

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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Naira Devaluation Weakens Insurance Industry’s Capital-Agusto & Co

The pan-African Credit Rating Agency, Agusto & Co, has said that the persistent naira devaluation in Nigeria has reduced the strength of the insurance industry’s capital since the last recapitalisation exercise in

March 22, 2021

Insurance&Pension

Africa’s Digital Commerce Will Hit US$500bn In 2030-Report

A new report launched by the Economic Commission for Africa (ECA) has revealed that digital commerce in the continent could hit US$500 billion by 2030. This is buttressed by the fact that

March 22, 2021

Business

We Suspended Azman Airline To Avert Major Accident-NCAA

The Nigerian Civil Aviation Authority (NCAA) has explained that it suspended flight operations of Azman Air in order to avoid major accident . Azman Air Boeing 737 aircraft operating scheduled passenger flights

March 20, 2021

Aviation

Access Bank Boosts Diaspora Remittances With Reward Scheme

Access Bank Plc has announced the introduction of a reward scheme for its customers to promote diaspora remittances into the country. The bank’s Executive Director, Retail Banking, Mr Victor Etuokwu, who announced

March 20, 2021

Banking&Finance

Nigeria Didn’t Ban Cryptocurrencies- CBN

The Central Bank of Nigeria (CBN),says it has not banned the activities of Cryptocurrencies in the country. The Governor of the bank, Godwin Emefiele, at the 30th seminar for Finance Correspondents and

March 20, 2021

Banking&Finance

Nigeria Customs Will Force Us To Close Shop-Airline Operatorsi

Indigenous airlines may be compelled to shut down operations if the Nigerian Customs Service fails to promote ease of doing business for them in the country. The operators raised lamented that almost

March 19, 2021

Aviation

Zenith Bank Shareholders Approves N94.19b Total Dividend

Shareholders of Zenith Bank Plc, approved proposed final dividend of N2.70 per share, bringing total dividend for the 2020 financial year to N3 per share, totalling N94.19 billion. Pofit before tax rose

March 17, 2021

Banking&Finance

Polaris Bank Complies With CBN Naira 4 dollar Scheme

Polaris Bank has begun implementation of the regulatory Central Bank of Nigeria’s extra N5 for every dollar received into domiciliary accounts or as cash over the counter. The Acting Managing Director/Chief Executive

March 16, 2021

Banking&Finance

Oriental Energy Donates To Science Akwa Ibom School

Oriental Energy Resources Limited, has announced the donation of a state-of-the-art Science Laboratory Complex to Community Grammar School, Ebughu in Mbo Local Government Area of Akwa Ibom State. The commissioning and handover

March 16, 2021

Brands&Marketing

POS Merchants Seek Policy Change On Charge-Back Claims

POS merchants operating in Nigeria has implored the Central Bank of Nigeria (CBN) to change its policy towards Charge-Back claims on POS transactions as fraud increases at an alarming rate. The extant

March 15, 2021

Banking&Finance

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