Business - Page 98

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

No Plan To Tamper With Customers Foreign Currency-CBN

The Central Bank of Nigeria (CBN) says there was no plan to convert foreign exchange (FX) in the domiciliary accounts of customers to naira in the country. Its Acting Director in charge

August 3, 2021

Banking&Finance

Nigeria Exits Maritime Organization Over Electoral Fraud

Nigeria has exited Maritime Organization for West and Central Africa (MOWCA) following disregard for the rules of procedure regarding the suitability of candidates nominated for the position of the Secretary General

August 3, 2021

Maritime

AfCFTA:Zenith Bank Boss Sees Prospect For Investors

The Group Managing Director and Chief Executive Officer of Zenith Bank Plc, Ebenezer Onyeagwu,has expressed optimism that the African Continental Free Trade Area (AfCFTA) initiative will grant investors access to the entire continent.

August 2, 2021

Banking&Finance

How Nigerians Spent N1.77tn On National Calls, SMS-NCC

The Nigerian Communication Commission(NCC),says Nigerians spent about N1.77tn on national calls and short messages in 2020. NCC estimated total outgoing local and national traffic at 150,825,830,687.40 minutes. The average tariff charged by

August 2, 2021

IT&Telecoms

Airtel Africa Stakes $200m On Mobile Money Investment

Airtel Africa Plc has secured a $200m investment from Qatar Holding LLC to boost its mobile arm The company said the proceeds of the investment will be used to reduce its debt

July 31, 2021

IT&Telecoms

MTN Nigeria Loses 7.6 Million Subscribers In Six Months

MTN Nigeria Communications Plc,says its mobile subscribers declined by 7.6 million to 68.9 million in the first half of 2021. The mobile telecommunication company attributed the development to the regulatory restrictions on new

July 31, 2021

IT&Telecoms

Our Operating Licenses Still Intact-ABCON

BDCs still providing FX services-ABCON Bamidele Ogunwusi, Lagos The Association of Bureaux De Change Operators of Nigeria (ABCON),says its members operating licenses in Nigeria are still intact The operators have not been

July 30, 2021

Banking&Finance

‘How 5G Technology Will Kick Off In Nigeria’

The Nigerian Communications Commission (NCC) and major telecoms companies,Thursday,struck agreement on instruments necessary for the deployment of 5G technology in Nigeria. The instruments include;annual operating levy regulations and the frequency spectrum (fees

July 30, 2021

IT&Telecoms

CBN Commences Refund Of Deposits, Licencing Fees To Pending BDC Applicants

The Central Bank of Nigeria(CBN),has announced plans to commence refunding capital deposits and licensing fees (where applicable) to promoters with pending licence applications. The action was sequel to the decision of its

July 30, 2021

Banking&Finance

Retirees Rap PENCOM Over Shoddy Implementation Of Contributory Pension Scheme

Retirees from the Federal Civil Service, paramilitary institutions have faulted the management of National Pension Commission(PENCOM) over shoddy implementation of contributory pension scheme. The agency,they said failed to cater for their needs through

July 30, 2021

Insurance&Pension

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