Business - Page 34

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

CBN Tackles Forex Transactions Abuses, Clears Liabilities Backlog

Mohammed Shosanya The Central Bank of Nigeria (CBN), in its bid to clear the backlog of outstanding foreign exchange liabilities, has paid approximately USD 2.0 billion across various sectors, including manufacturing, aviation,

January 18, 2024

Banking&Finance·Business

Ramadan: Sugar Refineries Won’t Increase Price -FG

Mohammed Shosanya Major sugar refineries across the country have pledged not to increase sugar prices during the Ramadan. The pledge aligns with the Federal Government’s agenda for food security and economic stability,

January 11, 2024

Business·SME/Manufacturing

Emefiele: CBN Sacks Boards Of Keystone,Polaris,Union & Titan Banks

Mohammed Shosanya The Central Bank of Nigeria (CBN) has sacked the boards of Union Bank, Polaris Bank, Keystone Bank and Titan Trust Bank. The apex bank in a statement signed by its

January 11, 2024

Banking&Finance·Business

CBN To Unveil Stablecoin Next Month

Mohammed Shosanya The Central Bank of Nigeria (CBN) has approved the launch of the Nigerian naira (cNGN) stablecoin and set to launch on February 27, 2024. The cNGN is powered by the

January 6, 2024

Banking&Finance·Business

No Plans To Take Over Commercial Banks,Says CBN

Mohammed Shosanya The Central Bank of Nigeria (CBN) has faulted rumours that Nigerian Banks are distressed insisting that the depositors’ funds are safe and sound. The apex bank conveyed this in a

December 27, 2023

Banking&Finance·Business

Moniepoint MFB Launches Referral Program

Mohammed Shosanya Moniepoint Microfinance Bank has announced the launch of its latest initiative, “the Moniepoint Personal Banking Refer and Earn” program. The bank’s action is in tandem with the spirit of giving,

December 18, 2023

Banking&Finance·Business

Tinubu Fires FAAN,NAMA Bosses

President Bola Tinubu has approved the suspension, removal, and replacement of some Chief Executive Officers under the Federal Ministry of Aviation and Aerospace Development: Those affected includes Managing Director of the Federal

December 14, 2023

Aviation·Business

FCCPC Boss Implores Nigerian Youths To Embrace Digital Technology

Mohammed Shosanya Mr. Babatunde Irukera, Executive Vice Chairman of the Federal Competition and Consumer Protection Commission(FCCPC), has implored Nigerian youths to embrace digital technology to catch up with the rest of the

December 14, 2023

Business·IT&Telecoms

CBN Gives Updates On Cash Scarcity

Mohammed Shosanya The Central Bank of Nigeria (CBN) says it is addressing the reported cases of cash scarcity in some major cities across the country. It blamed the current situation on the

December 14, 2023

Banking&Finance·Business

Keyamo Threatens To Name Airlines Guilty Of Canceled Flights

Mohammed Shosanya The Minister of Aviation, Festus Keyamo, had assured that a list of airlines that delayed or canceled flights will be published in the media on a weekly basis as part

December 12, 2023

Aviation·Business

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