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Business
FCMB Lauds Founder For Impactful Investment In Banking Sector
First City Monument Bank(FCMB) Group Plc has applauded its founder, Otunba Michael Olasubomi Balogun for its Impactful investment in the group which has a positive trickle down effect on the entire…
Nigerian Cinemas Generate N278m In February
The National Chairman of Cinema Exhibitors Association of Nigeria (CEAN), Mr Ope Ajayi, said it realised N278 million as ticket sales across cinemas in the month of February, nationwide. The CEAN’s Boss,…
Indian Prateek Gupta steals $600m from Trafigura in nickel shipment fraud
World commodity trader, Trafigura has accused Indian businessman Prateek Gupta of “systematic fraud” regarding nickel shipments, running into about $600 million, London court documents showed. The wanted…
FIRS Rakes N1.4trn In VAT, CIT In Q4 2022
Accruals to the Federal Inland Revenue…
MTN Shareholders Get N164.9bn In 665.23m Incentive Shares As Stocks Rebound
Shareholders of MTN Nigeria Plc have been rewarded with…
Roger Brown, Seplat CEO’s work permit, visa revoked over racism, others
The work permit, visa, and residence permit of Roger Brown, Chief Executive Officer…
Adidas Stuck With Yeezy Gear After Dropping Kanye
Adidas said Wednesday it was still weighing what to do with its huge inventory of Kanye West's Yeezy products after it ended…
CBN issues operational guidelines on open banking
The Central Bank of Nigeria (CBN) issued operational guidelines for open banking in Nigeria on Wednesday. The News Agency of Nigeria (NAN) reported that the guidelines establish principles for data sharing across…
Elon Musk Publicly Mocks Twitter Worker With Disability
Twitter Chief Executive Officer, CEO, Elon Musk has publicly scoffed at a Twitter employee’s uncertainty about whether he had been laid off in a recent round of cuts. Musk spoke dismissively of the…
We Didn’t Direct Banks To Disburse Old Notes – CBN
The Central Bank of Nigeria (CBN) yesterday said it has not issued a fresh directive to commercial banks on last Friday’s judgement of the Supreme Court ordering the circulation of the old naira notes alongside…
‘Double taxation, FX charges killing $10 billion barging business’
Double taxation and charges in foreign currency for barging business are crippling the industry, which has…
Telephone Operators in Nigeria Release Single Shortcodes For Services
In a bid to save time and resources, telecommunication operators in Nigeria have started the implementation of harmonized shortcodes for their services. The development aligns with the regulatory…
Beneficiaries Of CBN’s Anchor Borrowers’ Programme Repay N500bn
Farmers that benefitted from the Central Bank of Nigeria’s Anchor Borrowers’ Programme loan have repaid the sum N500 billion as of February 2023. The amount represents 52.39 per cent as the Apex bank…
Banks Resume Paying Nigerians Old N500, N1000 Notes
Following the Supreme Court judgment, which extended the validity of the Central Bank of Nigeria (CBN) currency redesign policy to December, some deposit money banks have started paying out the old notes. Daily…
Naira Notes: We Will Obey CBN, Not Supreme Court – Banks
Stakeholders in the financial sector and banks are divided over re-issuance of the old naira notes following the Supreme…
Flutterwave not hacked, says Management
The management of a leading Fintech company in Africa, Flutterwave, has allayed…
Old Naira Notes: Nigerians Await Decision, Lament Hardships
Nigerians have continued to lament the hardship caused by the scarcity of naira notes, urging the federal government to comply with last Friday’s judgement of the Supreme Court. The apex court had…
ePayment channels fail stress test despite banks’ N901b profit
Amid huge financial turnover recorded in the first three quarters of 2022 by banks in…
Five major economic decisions awaiting Tinubu
Whether it’s how to phase out costly petrol subsidies or deciding…
Hackers allegedly steal N2.9bn from Flutterwave
Reports have it that ₦2,949,557,867 has been illegally transferred from the accounts of African fintech unicorn, Flutterwave. The tech giant’s counsel, Albert Onimole, reported the case to the Deputy Commissioner of…
Zenith Bank To Become Holding Company – ‘Zenith Holdco Plc’
Leading multinational financial service provider, Zenith Bank Plc.…
New Naira: Obey Supreme Court judgement, Akeredolu tells FG
Governor Rotimi Akeredolu of Ondo state, has asked the Federal government, to obey the ruling of the Supreme Court on the extension of the validity of the old naira notes, as there was no other…
S’Court’s judgement on Naira triggers 90% fall in PoS charges
Following the Supreme Court’s ruling that the old N200, N500 and N1,000 notes should remain legal tenders until December 31, some Point of Sale, PoS, operators, yesterday, reduced cash withdrawal charges by…
My Transition Journey from HR to Product Management
By Chekwube Uchea Embarking on a career transition is like navigating uncharted waters. For me, the journey from Human Resources (HR) to Product Management was a leap of faith fueled by a desire to explore new horizons and embrace…