archiveOctober 21, 2019

    The Central Securities Clearing System Plc (CSCS) has received special recognition for its contribution to the financial services industry, by winning the Continental Leader in Post-trade and Custody Services award, at the 7th Annual Business Day Banks’ and Other Financial institutions (BAFI) awards, which held at the Lagos...

Heads of state, 17 ministers, high-ranking government officials and prominent business leaders from Africa have confirmed their participation for the fifth edition of the Global Business Forum Africa (GBF Africa), which takes place November 18-19, 2019 in Dubai. Among the high-level dignitaries attending GBF Africa 2019 are H.E. George Weah,...

  Our attention has been drawn to SMS sent on Saturday 19th October by MTN Nigeria Communications PLC (“MTN”) to customers of banks in Nigeria in respect of the above. The message states that the banks requested MTN to start charging customers for USSD transactions directly. It also asks customers...

Address by Umaru Ibrahim, FCIB, mni, MD/CEO Nigeria Deposit Insurance Corporation, at the occasion of the NDIC 30th  Anniversary Lecture and Book Presentation at Transcorp Hilton, Abuja, on 21st October, 2019 Protocols   1.0          It gives me immense pleasure and honour to welcome you all to this event. I am...

The Minister of Information and Culture, Alhaji Lai Mohammed says he stands by what he said in 2015, that the Boko Haram terrorists have been technically defeated. The minister stated this on Monday when he paid a working visit to the new corporate headquarters of “The Sun” Newspaper in Lagos....

The Western Delta University (WDU),  Oghara, Delta State, has signed a far-reaching Memorandum of Understanding ( MoU) with Wema Bank Plc to introduce the institution to the Electronic Bills Payment ( eBillsPay ) and WebPay platforms to enable students and other residents of the university community to receive payment and...

The Nigeria banking regulator Central Bank of Nigeria (CBN) and the telecoms industry regulator Nigerian Communications Commission (NCC) have called for the suspension of data access charges being proposed by MTN Nigeria on online banking transactions. MTN Nigeria in a text message to its subscribers over the weekend had said...

The military in conjunction with the police and sister agencies, Monday launched phase four of Exercise Crocodile Smile to cover both land and water channels, especially the creeks in the South-west. This is said to be a follow-up to the achievements of the past three phases. The exercise is targeted...