Leading telecommunication service providers, MTN Nigeria and Airtel Nigeria have shown major interest in operating in the financial services space and have formed subsidiary companies in order to apply for a mobile banking licence as stipulated in the…
In continuation of its efforts to reduce the prevalence of blindness and visual impairment in the country, First Bank Plc has conducted free eye screenings for residents of the Old People’s Home, Yaba and students and staff members of Yaba College of Technology…
The Federal High Court in Lagos has ordered the final forfeiture of the sums of N1,250,000,000; $327,132.35, £167.85 and €157.91 recovered by the Economic and Financial Crimes Commission (EFCC) to the Federal Government. Justice Chuka Obiozor
The Federal Government, yesterday, stated that it has borrowed $495 million from the World Bank for the implementation of the Transforming Irrigation Management in Nigeria Project (TRIMING). Minister of Water Resources, Mr. Suleiman Adamu, who stated
Further upward acceleration of global inflation from record low levels may impair efforts in emerging and developing economies such as Nigeria, to sustain the low inflation environment achieved over the past several decades, the World Bank has said. The Bank…
Nigeria yesterday set a new global record as the world’s first fully digital, end-to-end blockchain based commodity trading and financing platform was announced by Sterling Bank Plc yesterday, in Lagos. Developed in partnership with Binkabi and AFEX…
The Senate will look into the demand by the Central Bank of Nigeria (CBN) that telecoms giant, MTN, should repatriate the sum of $8.1 billion it “illegally” took out of Nigeria, Daily Trust can report. The apex bank had in August sanctioned MTN…
The phone rings. A customer is calling in with a large new order for the young struggling hardworking fashion entrepreneur. He wants it delivered immediately. For the entrepreneur, it’s a potential game-changer, a breakthrough. But there is a problem. The…
