Business &amp; Finance

Banking

CBN orders banks, fintechs to disclose beneficial owners

UK sanctions Nigerian firm, Pilot Finance, over alleged role in Russia’s shadow financial infrastructure

Court orders Virgin Atlantic to pay passenger damages

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Business & Finance

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‘Kind gesture’ Dangote Cement grants Benue students N10m scholarship

February 1, 2022

Dangote Cement Plc, Gboko Plant has awarded N10 million scholarship to over 2500 indigent students of Yion clan in Gboko...

‘Quality of life’ Stanbic IBTC demonstrates significant CSI through Together4ALimb, others

Stanbic IBTC Holdings PLC places a high value on touching lives in its host communities in Nigeria through its Corporate...

Tourism

‘We can’t fold hands’ Nigerian professionals launch campaign to tackle UAE over work permit restrictions

Nigeria professionals living in the United Arab Emirates (UAE) have commenced a narrative campaign online to appeal the work permit...

‘Financial whiplash’ Fiscal indiscipline could exacerbate debt sustainability crisis, expert says

Analysts have said that fiscal indiscipline by the authorities may worsen the debt sustainability crisis in the country. In recent...

‘Offerings for customers’ Bamboo raises $15 million in funding to expand infrastructure

Bamboo, a Nigerian fintech startup, says it has secured a $15 million Series A round to scale its tech infrastructure...

‘What will change?’ IoD issues warning over insecurity, forex illiquidity, says they pose threat to Nigeria’s short-term growth

The president and Chairman Governing Council, Institute of Directors (IoD), Mrs. Ije Jidenma, has warned that the rising security, lingering...

FirstBank’s SMEConnect portal could be the differentiator for SMEs in Nigeria

by Freelanews

FIRSTBANK’S SMECONNECT PORTAL COULD BE THE DIFFERENTIATOR FOR SMES IN NIGERIA Over a hundred years since banks came into...

‘Watch list’ CBN unveils GSI framework to check for faulty loans

The Central Bank of Nigeria (CBN) has released operational guidelines on the Global Service Instructions (GSI), aimed at checking the...

‘Act of vandalism’ Ikeja Electric, Eko DisCo, gives reason for continuous power outage in Lagos

January 30, 2022

Eko Electricity Distribution Company (EKEDC) and Ikeja Electric (IE) Plc have provided reason for the constant power outage being experienced...

‘Customers spent more’ MTN earns N1.65 trillion in total income as data revenue rises