• Bayo Adetu
• March 13, 2022
• BUSINESS
• 0 Comments

FirstBank, Nigeria’s leading financial inclusion services provider has urged its customers to take advantage of the Bank’s ongoing Verve Card campaign designed to reward customers for their continued usage of the Verve debit Card.  The Eight-week promo will end on Wednesday, 30 March 2022 as 2,601 customers will win various prizes. These prizes include: N20,000 Cash Prize, N10,000 Cash Prize, …

• Bayo Adetu
• March 12, 2022
• BUSINESS
• 0 Comments

Justice Olubunmi Abike-Fadipe of the Ikeja Special Offences Court is furiously unhappy over an unscrupulous story credited to her by some fake, over-ambitious and junk online news platforms about the judgment she delivered recently. The respectable Justice who delivered a case that involved foremost financial management in Nigeria, Zenith Bank, decided to release her original certified True Copy (CTC) of …

• Bayo Adetu
• March 11, 2022
• BUSINESS
• 0 Comments

Operatives of the National Drug Law Enforcement Agency, NDLEA, have intercepted three million capsules of opioids more dangerous and potent than tramadol at Jaelith Bonded Container Terminal under Tincan seaport in Apapa area of Lagos. The seizure of 3,000,000 capsules of Tapentadol and Carisoprodol weighing 1,500 kilograms on Monday 7th March 2022, followed a similar operation in which anti-narcotic officers …

• Bayo Adetu
• March 8, 2022
• BUSINESS
• 0 Comments

The House of Representatives has urged the Central Bank of Nigeria to, “in the public interest,” introduce stringent regulations and guidelines, including sanctions, on the Point of Sale business operations in Nigeria. Also, the House mandated its Committee on Banking and Currency to organise a stakeholders’ meeting for the purpose of “tackling the menace” of POS operations in the country. …

• Bayo Adetu
• March 8, 2022
• BUSINESS
• 0 Comments

By Taiye Agbaje A legal practitioner, Musa Abdullahi, has dragged the Abuja Electricity Distribution Company (AEDC), demanding a N200 million compensation over allegations bordering on epileptic power supply. Abdullahi, who filed the suit marked: NSHC/SD/27/2022, also prayed the court to give an order, in the alternative, directing a six-month bill-free period for the plaintiff as compensation for all the period …

• Bayo Adetu
• March 8, 2022
• BUSINESS
• 0 Comments

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced its partnership with CDC Group, the UK Government’s development finance institution on a US$100 million finance facility to FirstBank. This new facility will direct funding to women-owned and led businesses as well as to local small and medium-sized enterprises (SMEs) in Nigeria.   The deal …

• Bayo Adetu
• March 5, 2022
• BUSINESS
• 0 Comments

If indications from two separate but related events that were held last December are anything to go by, then one of Nigeria’s most vulnerable groups may be on the verge of experiencing better times. The events, hosted in two separate states/regions and separated by a 20-day interval, held at a time when self-splurging by many young Nigerians was at octane …

• Bayo Adetu
• March 4, 2022
• BUSINESS
• 0 Comments

The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, has described the State as one that guarantees safety of investors and their businesses since the government takes seriously the protection of lives and property. Dr. Obasa said this at the Qatar-Nigeria Business Matchmaking Event which had officials of the govermment of the two countries on Wednesday. …

• Bayo Adetu
• March 2, 2022
• BUSINESS
• 0 Comments

By Francisca Oluyole Mr Olamilekan Adegbite, the Minister of Mines and Steel Development says Nigeria has huge investment opportunities in the mining and minerals sector. Adegbite said this in a statement issued by the Director, Press and Public Relations of the ministry, Mrs Etore Thomas on Wednesday in Abuja. The minister who received a delegation from Optiva Resources Ltd, a UK …

• Bayo Adetu
• March 2, 2022
• BUSINESS
• 0 Comments

By Ella Anokam The Federal Government has tasked the National, International and Indigenous Oil Companies to come up with workable and accelerated energy transition strategies for the country. This includes focusing on critical factors that can make them happen, whether these factors relate to the government, society, policy makers, technology, investors or the industry itself. Chief Timipre Sylva, Minister of …