Business - Page 50

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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Telecom Operators Threaten To Disconnect Banks Over N120bn Debt

Mohammed Shosanya The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has announced plans to disconnect Deposit Money Banks (DMBs) if they fail to pay the debt owed to operators for Unstructured

May 13, 2023

Business·IT&Telecoms

Nigeria’s BVN Remains Valid For Life -CBN

Mohammed Shosanya The Bank Verification Number (BVN) issued in Nigeria has no expiry date,the Central Bank of Nigeria,CBN,has clarified. Isa AbdulMumin, Ag. Director, Corporate Communications,CBN,clarified this in a statement in reaction to

May 11, 2023

Banking&Finance·Business

Airtel Renews Spectrum License With N58.7bn

Airtel Africa,has announced that its Nigerian subsidiary,Airtel Networks Limited (Airtel Nigeria),paid N58.7 billion to the Nigerian Communications Commission (NCC) to renew its 2×10 MHz 2100 MHz spectrum license. In a statement

May 11, 2023

Business·IT&Telecoms

Airtel Nigeria Appoints Carl Cruz As New CEO

Mohammed Shosanya Airtel Africa, has appointed Carl Cruz as Managing Director and Chief Executive Officer of Airtel Networks Limited (Nigeria). The appointment which takes effect from 5th May 2023, will also see

May 4, 2023

Business·IT&Telecoms

Henkel Nigeria Drums Support For Women Development, Empowerment

Mohammed Shosanya Henkel Nigeria, makers of the premium detergents, WAW and Nittol, has reiterated its commitment to women’s development and empowerment in Nigeria. The company is supporting the maiden edition of “Iya

May 4, 2023

Brands&Marketing·Business

Transactions on eNaira Platform Now 1.4m,Says Emefiele

Mohammed Shosanya Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN),says over 1.4million transactions have passed through the eNaira platform from inception till date. He disclosed this during the opening

May 3, 2023

Banking&Finance·Business

CBN Denies Plans To Withdraw New Naira Notes From Circulation

Mohammed Shosanya The Central Bank of Nigeria (CBN)has denied claims in some quarters that it’s contemplating the withdrawal of the recently redesigned N1000, N500 and N200 currency banknotes from circulation. Isa AbdulMumim

April 30, 2023

Banking&Finance·Business

e-Naira Is Safe,CBN Insists

Tunde Sholanke The Central Bank of Nigeria (CBN) has assured Nigerians of the safety of their money in banks through the operation of the e-naira. Mr Chika Ugwueze, Assistant Director Payments System

April 27, 2023

Banking&Finance·Business

National Carrier Faces Fresh Hurdle.

Tunde Sholanke The commencement of the national career,Nigeria Air is currently facing fresh hurdle on account of litigation Specifically,Airline Operators of Nigeria (AON), Azman Air Services Limited, Air peace Limited, Max Air

April 24, 2023

Aviation·Business

NLSRC’s Lightening Strikes Advisory Fake,Unauthorized -NiMet

Tunde Sholanke The Nigerian Meteorological Agency (NiMet),has faulted an advisory purportedly issued by the Nigerian Lightning Safety and Research Center (NLSRC) alerting Nigerian public to the possibility of lightning strikes across Nigeria

April 24, 2023

Aviation·Business

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