Business

Heritage Bank Plc, Nigeria’s most innovative banking services provider, has partnered with the Nigeria Electronic Fraud Forum (NEFF) on the prevention of fraud in the Nigerian banking system. MD/CEO of the bank, Mr. Ifie Sekibo said at unveiling of the 2017 NEFF annual report in Lagos recently that the bank was very proud of successes recorded by the forum, remarking …

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The President of France, Emmanuel Macron, is making an official visit to Lagos, Nigeria on Tuesday, July 3rd 2018. He will announce the launch of the Season of African Cultures 2020, a French celebration of Africa’s rich and diverse cultures, as part of a cultural event organised by TRACE and sponsored by Ecobank, Africa’s leading pan-African bank. TRACE Event, the …

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The Central Bank of Nigeria, on Saturday, directed all commercial banks to resolve disputes arising from use of Unstructured Supplementary Service Data (USSD) channel within three days. Mr Dipo Fatokun, CBN’s Director, Banking and Payment Systems Department, gave the directive at the ‘Meet The Executive’ forum organised by Finance Correspondents Association of Nigeria (FICAN) in Lagos. Fatokun, represented by Assistant …

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    Minister of Industry, Trade and Investment, Mr. Okechukwu Enelamah, has said Nigeria needs to utilise the next seven years to take advantage of the African Growth and Opportunity Act (AGOA).   Enalama, who was represented by a Principal Officer of the Ministry, Mr. Stephen Adeyemo, at an advocacy workshop organized by the Nigeria Export Promotion Council, NEPC/AGOA Trade …

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  Stem Business Academy and the Redeemed Christian Church of God, City of Psalms have commenced a two-day export training in Lagos. The training which kicked off at the RCCG, City of Psalms, Anthony Village, Lagos on Friday 29th June promises to provide tons of information for exporters who want to advance in their businesses. According the main organiser, Mrs. …

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As part of its Corporate Social Responsibility (CSR) initiatives, Union Bank has announced the launch of the We Lead Mentorship Project (WLMP), an 8-month youth mentorship programme, in Igbodo, Delta State. Sponsored by Union Bank and implemented by Rural Development and Reformation Foundation (RUDERF) in conjunction with the Igbodo Development Union (IDU), WLMP is a community based mentorship program that …

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Wema Bank Plc. has announced the retirement of its Managing Director/Chief Executive Officer, Segun Oloketuyi, following almost a decade at the helm of the Bank. “On behalf of the Board and Management of the Bank, I want to thank Mr Oloketuyi for his service and wish him the best in his future endeavours,” said Oluwole Ajimisinmi, Wema Bank’s Company Secretary …

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The Ministry of Budget and National Planning said its attention has been drawn to a recent publication on the World Poverty Clock by World Data Lab in Vienna, Austria, indicating that Nigeria’s poverty rating was getting worse. The Ministry of Budget and National Planning has reviewed this report and would like to assure Nigerians that the report is not based on …

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About 41.6million Nigerians are excluded from financial services, including insurance services, the National Insurance Commission (NAICOM) has said. The commission also said 40.1 million who live in the rural areas are excluded from any form of financial services. Commissioner for Insurance/Chief Executive Officer, NAICOM, Mohammed Kari, disclosed this at the ongoing Chief Executive Officers’ retreat of the Nigerian Corporation of …

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Small operators in the Nigerian telecommunications industry are to enjoy special incentives going by new packages just approved by the Federal Government. The Executive Vice Chairman, Nigerian Communications Commission, Prof Umar Danbatta, disclosed this in an interview with journalists at the 84th edition of the Telecom Consumer Parliament in Abuja on Thursday. He also stated that 35 million people living …

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