Business - Page 66

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

Why CBN Released $265m To Airlines

The Central Bank of Nigeria (CBN),has announced the release of $265 million to airlines operating in the country, to cater for the outstanding ticket sales. The apex bank explained that its

August 27, 2022

Aviation·Business

ICT Impacts On GDP Excites Pantami

Minister of Communications and Digital Economy, Professor Isa Ali Ibrahim (Pantami),has expressed his excitement over the remarkable contribution of the Information and Communications Technology (ICT) sector to Nigeria’s Gross Domestic Product (GDP)

August 27, 2022

Business·IT&Telecoms

CBN unveils e-Naira code in Kano, Promises To Deepen Financial Inclusion

The Central Bank of Nigeria (CBN) has launched the *997# USSD code in Kano to lessen the use of cash in commercial activities in the country. Speaking at the unveiling ceremony,the

August 26, 2022

Banking&Finance·Business

How To Protect Bank Depositors’ In Nigeria -NDIC

The Nigeria Deposit Insurance Corporation (NDIC), has said that effective resolution of banks in distress is critical to depositors’ protection. The corporation said the effective resolution would also ensure the stability of

August 26, 2022

Business·Insurance&Pension

Trapped Funds: British Airways Suspends Ticket Sales, Threatens To Stop Operations In Nigeria

British Airways, the United Kingdom carrier,has announced suspension of ticket sales in Nigeria following its inability to repatriate its trapped funds out of Nigeria. It threatened that it may be compelled to

August 26, 2022

Aviation·Business

Union To FG: Use Oil Swap To Defray $464m Aviation Debt

The National Union of Air Transport Employees (NUATE) has implored Sen. Hadi Sirika, the Minister of Aviation over the continuous failure of foreign airlines to repatriate their funds out of the country

August 23, 2022

Aviation·Business

Zambia Seeks Dangote’s Partnership On Agric Industry Development

The Zambian Minister of Commerce and Industry, Mr. Chipoka Mulenga, has sought the assistance of the President, Dangote Group, Aliko Dangote in the development of his country’s agricultural sector. Chipoka Mulenga, who

August 22, 2022

Business·SME/Manufacturing

Asharami Synergy Renovates MMA Police Station in Lagos

Asharami Synergy, a Sahara Group Downstream company, has renovated and upgraded the Police Station on Murtala Muhammed Airport Road, Ikeja, Lagos, to enhance security and sustainable community policing. Managed by Sahara Foundation,

August 20, 2022

Brands&Marketing·Business

Transactions On eNaira Hit N4bn -CBN

Central Bank of Nigeria (CBN) says its eNaira hackathon recorded 840,000 downloads, with about 270,000 active wallets comprising over 252,000 consumer wallets and 17,000 merchant wallets. Besides, volume and value of transactions

August 19, 2022

Banking&Finance·Business

CBN Raises Interest Rate On Naira Savings Deposits To 30%

The Central Bank of Nigeria (CBN) has announced an upward adjustment of the negotiable minimum interest rate payable on local currency savings deposits to 30 per cent of the Monetary Policy Rate

August 18, 2022

Banking&Finance·Business

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