By Ibiyemi Mathew Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has directed International Money Transfer Operators (IMTOs) to commence remittances pay-out in Naira to beneficiaries. Recall that the apex bank had stopped the RT200 programme and the Naira4dollar…
By Seun Ibiyemi The Ibadan Electricity Distribution Company (IBEDC) Plc. has announced upcoming upgrade of its Standard Transfer Specification (STS) prepaid meters to enhance efficiency that aligns with global standards. The upgrade known as Token Identification (TID) Rollover aims to…
The Federal Competition and Consumer Protection Commission (FCCPC) has warned digital lenders not to lend money to chronic borrowers. The Executive Vice Chairman of FCCPC, Babatunde Irukera, disclosed this during an Arise Television Interview monitored by Newsmen on Tuesday. Irukera…
The Chairman of Bayelsa State Traditional Rulers Council, His Royal Majesty Bubapraye Dakolo, said President Bola Ahmed Tinubu could end oil theft in two weeks. King Dakolo disclosed this on Wednesday in an Arise Television Interview monitored by Newsmen. He…
The Lagos Chamber of Commerce and Industry (LCCI) has commended the efforts of the Federal Government in formulating policies, national plans, and sectoral interventions toward creating an enabling environment for enhanced national prosperity. President, LCCI, Dr Michael Olawale-Cole in a statement…
…Urge banks to halt excess charges, illegal deduction By Seun Ibiyemi The House of Representatives has urged commercial banks in the country to stop excess charges and Illegal deductions from customers. This is even as it directed the Central Bank…
By Seun Ibiyemi Nigeria’s Federal Inland Revenue Service, FIRS, announced that it has extended the due date for submission of Companies’ Income Tax for the 2023 year of Assessment. The FIRS disclosed this in a statement on Monday afternoon stating…
By Seun Ibiyemi The Chartered Institute of Bankers of Nigeria (CIBN) says it is introducing human capital development fund to retrain, build capacity and help young professionals in the banking and finance industry to grow their career. The President/Chairman of…
The African Development Bank (AfDB) has urged the diversification of Nigeria’s export, revenue bases and trade facilitation capacity to boost revenue generation potential. The AfDB President, Dr Akinwumi Adesina, said this at the second edition of the Nigeria Employers’ Summit…
MTN Group has stated that it is renewing its focus to increase its investments in Nigeria’s local content. The telecommu nications giant declared this commitment when the Group President and CEO of MTN, Ralph Mupita, alongside board members and leadership…
