NGX Group Appoints Popoola As GMD/CEO Nigerian Exchange Group Plc has appointed Mr. Temi Popoola as its new GMD/CEO with effect from January 1, 2024. Also, Mr. Jude Chiemeka has been appointed as the acting chief executive officer of Nigerian Exchange Limited (NGX) effective 1 January 2024. The[Read More…]
Egoras Firm Launches Gas-Powered Tricycle Egoras Technology, a sustainable transportation solutions firm, has launched a gast-powered tricycle, Egoras Dual-Fuel Tricycle. In a statement, the chief executive officer of Egoras Technology, Ugoji Harry, said that the tricycle was designed to address the challenges posed by the recent fuel subsidy removal.[Read More…]
Fidelity Scores Big in KPMG Customer Experience Survey In what has been termed the crowning glory of a successful year, leading financial institution -Fidelity Bank Plc -has been recognized for its devotion to providing exceptional customer experience. According to the recently issued KPMG 2023 West Africa Banking Industry[Read More…]
Emir of Zazzau extols benefits of non-interest bank Emir of Zazzau in Zaria, Kaduna State, Ambassador Ahmed Nuhu Bamali has extolled the benefits of The Alternative Bank (TAB) as a non-interest banking institution which propels economic growth through sustainable practices, responsible investment and financial decisions. In a keynote[Read More…]
10 Millionaires, others Emerge in FCMB Promo season 9 Four customers of First City Monument Bank (FCMB) became instant millionaires at the final draws of Millionaire Promo Season 9 held recently. They each won N1 million during the grand finale draws supervised by Federal Competition & Consumer Protection Commission[Read More…]
British American Tobacco To Pay Nigeria $110m Fine Over Infringements British American Tobacco has agreed to pay a substantial fine of $110 million to the Nigerian government for violating both the Federal Competition & Consumer Protection Act and the National Tobacco Control Act. According to a statement issued by the[Read More…]
FirstBank supports theatre initiative FirstBank of Nigeria Limited has announced that it will be sponsoring Kakadu the Musical, a theatre production by Playhouse Initiative. According to a statement, the play, which is set to return to the stage from December 28–30, 2023, at the Shell Hall, MUSON Centre, Lagos,[Read More…]
TTB/Union Bank: A Call for Transparency By Investigators By Azubike Ugwu In the last three days, we have seen a storm of allegations regarding the ownership of Titan Trust Bank Limited (TTB) and Union Bank of Nigeria Plc (“Union Bank”), and this has captured public attention. These claims, reportedly[Read More…]
FG to begin new regulation for digital money lenders in 2024 The Federal Government of Nigeria has said that it will implement a new regulatory framework for digital money lenders, DMLs, known as loan apps. The Chief Executive Officer of the Federal Competition and Consumer Protection Commission, FCCPC,[Read More…]
US announces ban on Apple Watch A United States import ban on Apple smartwatch models took effect on Tuesday after President Joe Biden’s administration opted not to veto a ruling on patent infringements. In October, the United States International Trade Commission (ITC) banned Apple Watch models over a patented technology[Read More…]
