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BusinessNews

Access Holdings posts 52.6% profit growth in H1 2023

By Chioma Obinagwam   Access Holdings Plc has said it recorded a 52.6 percent increase in its profit after tax in its Audited...

BusinessNews

Nigeria’s apex bank, CBN kicks against agents’ use of PoS terminals for cash in, cash out transactions

Nigeria’s apex monetary authority, the Central Bank of Nigeria (CBN), has barred agents from using Point of Sale (PoS) terminals meant for merchants...

BusinessNews

Naira redesign: Nigeria’s cashless transactions leaps to N39trn

Following the recent naira redesign announced by Nigeria’s apex monetary authority, the Central Bank of Nigeria (CBN), total cashless transactions conducted in Nigeria...

BusinessNews

Naira redesign: CBN refutes claims of NSPMC’s incapabilities, closure of banks

By Chioma Obinagwam Nigeria’s apex monetary authority, the Central Bank of Nigeria (CBN), has debunked the news making rounds in a recording of...

CrimeNews

ICPC arrests Stanbic IBTC bank manager over alleged sabotage of new naira

Nigeria’s anti-graft commission, the Independent Corrupt Practices and other related offences Commission (ICPC), has arrested an official of Stanbic IBTC Bank in Abuja...

BusinessNews

Nigerians stage protests against shortage of new naira notes, fuel (See videos)

By Chioma Obinagwam Nigerians in some parts of the country have staged protests over the current state of the economy, which is characterized...

BusinessNews

CBN clarifies stance on return of old naira notes after February deadline

By Chioma Obinagwam Nigeria’s apex monetary authority, the Central Bank of Nigeria (CBN), has explained conditions for submission of naira notes after the...

BusinessNews

First bank, Verve International rewards customers in third National Consumer promo

By Chioma Obinagwam West Africa’s premier financial institution, First Bank of Nigeria in partnership with Verve International has said it is rewarding users...

BusinessNews

FirstBank customers get 50m worth of prizes in verve card campaign

By Chioma Obinagwam FirstBank, Nigeria’s leading financial inclusion services provider, has urged its customers to take advantage of the Bank’s ongoing Verve Card...

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Again Ikeja Electric customers experience frustration in recharging energy tokens

By Chioma Obinagwam Customers of Ikeja Electric Distribution Company (DisCo) have been thrown into darkness because they cannot buy tokens and some of...

In four photos, NCC reacts to Executive Order on Critical National Information Infrastructure

By Chioma Obinagwam The infrastructure of the Nigerian Communications Commission (NCC) has now been classified as Critical National Information Infrastructure (CNII). Confiance News...

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