Business - Page 36

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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NCC Suspends Glo’s Disconnection From MTN For Three Weeks

Mohammed Shosanya The Nigerian Communications Commission has suspended its planned barring of Glo subscribers from calling MTN lines for 21 days. A statement on Thursday signed by Mr.Reuben Mouka, Director, Public Affairs,

January 18, 2024

Business·IT&Telecoms

Customs FOU Zone C,Decorates Officers, Seizes N5.3bn Goods

Mohammed Shosanya The Nigeria Customs Service, Federal Operations Unit FOU, Zone “C” Owerri,has decorated 46 newly promoted officers in the zone even as it also recorded seizures worth five billion, three hundred

January 18, 2024

Business·Maritime

Moniepoint Boosts Access For Underbanked SMEs,Individuals In Nigeria

Mohammed Shosanya As the wider world continues to rapidly embrace digital payments, access to financial services has become critical for businesses and to thrive. But for the underbanked and underserved, especially in

January 18, 2024

Banking&Finance·Business

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

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