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By Adedapo Adesanya Nigerians now prioritise food, transportation, medical expenses, and electricity above luxuries like house owning and purchase of...
See the New Naira Notes Redesigned by CBN (N200, N500, N1,000)
Nov 23, 2022 · By Modupe Gbadeyanka On Wednesday, November 23, 2022, President Muhammadu Buhari unveiled the redesigned Naira notes by the Central Bank of Nigeria (CBN). On October 26, 2022, the governor of the CBN, Mr Godwin Emefiele, said the bank would introduce new series of the N200, N500, and N1,000 banknotes into the financial
NCAIR, Google Unveil N100m AI Fund for Nigerian Startups
Sep 11, 2024 · By Modupe Gbadeyanka A million initiative aimed at supporting Nigerian startups that are leveraging Artificial Intelligence (AI) to develop innovative solutions has been launched by the National Centre for Artificial Intelligence and Robotics (NCAIR). The N100 million AI fund was put together in collaboration with
Cashless Policy: CBN Announces Fresh Cash Withdrawal Limits
Dec 7, 2022 · “The maximum cash withdrawal via point of sale (POS) terminal shall be N20,000 daily.” In compelling circumstances, not exceeding once a month, where cash withdrawals above the prescribed limits are required for legitimate purposes, the apex bank noted that such must not exceed N5 million and N10 million for individuals and corporate organisations, respectively.
Zenith Bank Upgrades Infrastructure for Seamless Transactions ...
Oct 3, 2024 · By Dipo Olowookere Zenith Bank Plc has apologised to its customers for the service disruptions experienced across its e-channels, making it difficult for them to carry out financial transactions. The lender explained that the glitch was a result of its recent infrastructure upgrades designed to ensure they enjoy
Ikeja Electric to Phase Out Unistar Prepaid Meters November 14
Oct 14, 2024 · By Aduragbemi Omiyale Customers of Ikeja Electric Plc still using the Unistar prepaid meters have been advised to apply for new meters. The energy distribution company in a statement on Monday said it would phase out the meter model from Thursday, November 14, 2024. The Unistar prepaid meter was one of the first models
WhoGoHost Acquires 100% Stake in Cloud Startup SendChamp
Sep 14, 2023 · By Adedapo Adesanya Website hosting infrastructure company, WhoGoHost, has acquired SendChamp, a Nigerian cloud communications startup that powers online messaging for African businesses to deepen its value offering for its customer base. The deal sum was not announced, but the acquisition is part of WhoGoHost’s
AFDL Acquires Suntory Nigeria, Owners of Lucozade, Ribena
Apr 6, 2022 · Speaking on the deal, Mr Kazuhiro Saito, CEO of SBF said, “As part of our regular strategic portfolio review and considering the broad options in Nigeria to accelerate the growth of our brands, we have decided that it is best to launch a new operating model in Nigeria, leveraging the extensive distribution network, and the expertise in the local market that AFDL possesses.”
Customer Drags Access Bank to Court Over Bank Charges
Sep 25, 2024 · By Aduragbemi Omiyale A customer of Access Bank Plc, Mr Junaid Sanusi, has filed a suit against the financial institution over fees charged to his account with the company. In the suit brought before Justice Uche Agomog, the plaintiff, a legal practitioner, claimed that the lender, headed by Mr Roosevelt Ogbonna, was
296 Graduates from Lagos Business School 13 Executive …
Nov 7, 2017 · By Dipo Olowookere Over the weekend, the Lagos Business School (LBS), Pan Atlantic University, graduated 296 students from 13 Executive Programmes. The courses were Management Acceleration Programme (MAP 1 and MAP 2), Agri-Business Management Programme (AgMP 5 and AgMP 6), Senior Management Programme (SMP 61, SMP 62