archiveDecember 2022

The Chief Executive Officer, Nigerian Exchange Limited (NGX), Mr Temi Popoola, has been elected to the Executive Committee of the African Securities Exchanges Association (ASEA). ASEA, the continent’s prime association of securities exchanges was established in 1993 with the mandate to develop its members’ markets, promote the capital market business...

Following the Central Bank of Nigeria (CBN) introduction of cash withdrawal limits the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has written to the apex bank requesting exclusion from the policy. The request for exclusion, according to the body  is not aimed at reversing the policy but rather...

  The House of Representatives has criticised the new policy introduced by the Central Bank of Nigeria which, among others, sets limits to cash withdrawals at the Deposit Money Banks and other financial institutions. Consequently, the House summoned the Governor of the CBN, Godwin Emefiele, to come and explain the...

The Independent National Electoral Commission (INEC) has knocked the presidential candidate of the All Progressives Congress, Asiwaju Bola Tinubu, for expressing doubts over the credibility of the Bimodal Voter Accreditation System and Results Viewing Portal which will be deployed for the 2023 election. The commission expressed shock that the APC...

By Emmanuel Asika, Country Head, HP Nigeria Brands all over the world have a big problem on their hands – dealing with the ugly menace of counterfeit products that are continually flooding the marketplace which are undermining original equipment manufacturers’ (OEM) products. The activities of these criminals, worsening by the...

  donates N10m to FOWOSO, gives girl with highest score in UME N1m Dr. Jimoh Ibrahim, business mugul and candidate of Al Progressives Congress(APC) Ondo South for 2023 general elections was on Wednesday night honoured by Foundation For Wives Of Ondo State Officials (FOWOSO) for his contribution Ibrahim, who was...

  Public and private sector stakeholders across the financial services industry have canvassed support for the Nigeria Deposit Insurance Corporation (NDIC) Act 2006 Amendment Bill currently before the National Assembly with a view to strengthening the capacity of the Corporation to contribute more effectively and efficiently to the stability of...

The Independent National Electoral Commission (INEC) has explained its decision to harvest Voter Identification Numbers (VIN) from Permanent Voter Cards PVCs of Nigerians registered several years ago but are yet to collect their PVCs. INEC National Commissioner in charge of Information and Voter Education Committee, Barr. Festus Okoye in a...

  as 2nd draw holds on December 8   The second draw of the on-going Polaris Bank Save & Win promo is scheduled to hold on Thursday December 8, 2022. The draw which will be conducted electronically, will hold at the Bank's Victoria Island, Lagos headquarters, and will be broadcast...

The Nigerian Communications Commission (NCC) has confirmed Airtel Nigeria as the only telecom operator ready to bid for the 3.5GHz spectrum licence for 5G deployment. This comes after the telco became the first to pay the $27.36 million intention to bid deposit ahead of the auction slated for December 19. A statement by the...