Small Businesses in Lagos have been urged to leverage the digital space to allow for a more prosperous venture towards becoming globally competitive. Businesses owners in the State were charged on the heels of sensitization on the E-Naira and Digital…
The Chairman of United Bank for Africa (UBA) Plc, Tony Elumelu has purchased more shares worth N4.48billion to increase his ownership stake in the lender. The development comes amid claim by billionaire businessman, Femi Otedola, that Elumelu had sold his…
By Sodiq Adelakun The Infrastructure Corporation of Nigeria (Infracorp) is yet to fully take off due to a delay by the Central Bank of Nigeria (CBN) in disbursing the initial seed money of N1 trillion to the four fund managers…
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings PLC, on the advice of the Central Bank of Nigeria (CBN), is one of the banks processing specialised mortgage loans for Pension contributors. The Bank announced that its clients were amongst…
By Sodiq Adelakun The Minister of State for Budget and National Planning, Prince Clem Agba yesterday, announced that the World Bank has granted a one-year extension of the Nigeria Cares (NG-CARE) programme. The NG-CARES is an economic palliative programme set…
By Sodiq Adelakun The Central Bank of Nigeria (CBN) has debunked reports suggesting that the Bank Verification Number (BVN) issued by the Bank in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS) expires after a 10-year period. The apex bank…
The Senate on Tues day confirmed the appointment of Abdul Hakeem Mobolaji and six others as members of Governing Board of the Nigerian Deposit Insurance Corporation (NDIC). This followed the adoption of the report of senate Committee on Banking, Insurance…
The Central Bank of Nigeria (CBN), has banned representative offices of foreign banks from engaging in banking business in the country. The apex bank also barred the rep offices from any regulated activity and from commercial or trading activities resulting…
Polaris Bank in partnership with the National Youth Service Corps Scheme and NerdzFactory has commenced a capacity-building workshop in digital skills targeted at 5,000 National Youth Service Corps members across 12 states in Nigeria. The lender said the training began…
The Group Chief Executive, FCMB Group Plc, Mr Ladi Balogun, has said that purpose, culture and technology will boost its performance. A statement said he spoke during the 10th annual general meeting of the FCMB Group in Lagos, while mentioning…
