PalmPay sets aside N10b for savers Leading Fintech company, PalmPay said it has set aside N10 billion cash for users of its platform for savings. It said the cash is a form of reward for their saving habits in a new drive towards driving financial literacy. According to the[Read More…]
FirstBank UK Adopts Bloomberg TOMS to Optimize Fixed Income Workflow Bloomberg announced that FirstBank UK Limited (FirstBank UK), the UK subsidiary of First Bank Nigeria Limited, the premier West African bank, has adopted Bloomberg’s Trade Order Management System (TOMS). A statement by the bank, said, by integrating TOMS into[Read More…]
Nigerian Breweries Appoints Alabi As Head Of Corporate Communications Nigerian Breweries Plc has announced the appointment of Ayodele Alabi as Head of Corporate Communications. According to a statement signed by the Corporate Affairs Director, Nigerian Breweries Plc, Sade Morgan, the appointment takes immediate effect. Alabi is a seasoned[Read More…]
COP28: FG reveals numbers of Delegates Sponsored to Dubai The Federal Government has noted with interest the public conversation on the number of delegates from Nigeria attending the ongoing Climate Summit in Dubai, otherwise called COP-28. In a statement by Honorable Minister of Information and National Orientation, Mohammed Idris,[Read More…]
COP28: Tinubu unveils Bold vision for Greener Nigeria President Bola Tinubu says Nigeria is taking a significant step towards a sustainable and eco-friendly future by introducing a pioneering initiative to deploy a fleet of 100 electric buses. The President spoke at a high-level meeting with stakeholders and investors on[Read More…]
FirstBank Group appoints Olukorede Adenowo as new MD/CEO of UK subsidiary FirstBank Group has appointed Olukorede Adenowo as MD/Chief Executive Officer of FirstBank UK. According to Group Head, Marketing & Corporate Communications, First Bank of Nigeria Limited, Folake Ani-Mumuney, the appointment is effective from November 16, 2023, subject[Read More…]
CBN orders banks to freeze accounts without BVN, NIN from March 2024 The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to place a “No Debit” restriction on all accounts without a Bank Verification Number (BVN) and National Identification Number (NIN) from March 2024.[Read More…]
Fidelity Bank signs UN principles for Responsible Banking Fidelity Bank Plc has become an official signatory of the UN Principles for Responsible Banking (PRB) – a single framework for a sustainable banking industry developed through a collaboration between banks worldwide and the United Nations Environment Programme Finance Initiative (UNEP FI).[Read More…]
FG declares 4IR technologies application open The Federal Government on Monday declared open applications for the Fourth Industrial Revolution technologies (4IRTA) which is meant to optimise Nigeria’s economy. The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani disclosed this in a statement on X with the[Read More…]
Dubai International Chamber launches seventh Representative office in Africa Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has inaugurated its seventh representative office on the African continent in Nigeria. A release from Dubai International Chamber said the the office is Located in Lagos.[Read More…]
