The directors and associates of Union Bank of Nigeria, Stanbic IBTC Holdings, Sterling Bank and Access Holdings were granted N112.77bn loans in 2022, an analysis of the financial statements of the lenders has shown. The banks’ financial year results and accounts for the period ended December 31, 2022, showed that […]
Bankly, a fintech company, has announced the launch of Bankly Microfinance Bank and a group savings feature on its app. Speaking recently in Lagos, the co-founder and Chief Executive Officer of Bankly, Tomilola Majekodunmi, said the microfinance bank was established to deliver straightforward banking solutions to diverse customers. Majekodunmi said, “We […]
The National President of the Nigerian Association Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dele Kelvin Oye, has said that deviation from globally-acclaimed and acceptable standards in the issuance of certificates of origin for goods being traded internationally portends great danger for Nigerian businesses and nation’s economy, noting that such […]
Stakeholders have called for an overhaul of the country’s mortgage system to bridge the housing affordability gap. The call was made during a media interactive session organised by the Property and Environment Writers Association of Nigeria, in Lagos recently. The Managing Director of Legrande Properties Development Company Ltd, Jide Durojaye, […]
The Director-General, National Pension Commission, Aisha Dahir-Umar, has said PenCom is protecting the interest of contributors as funds rise under the Contributory Pension Scheme. The director-general, who was represented at the event by the Head, Corporate Communications Department, Abdulqadir Dahiru, spoke during the 2023 Journalists’ Conference in Lagos. She said, […]
The Federal Government has unveiled that it has partnered Wema Bank to establish micro, small and medium enterprise, MSME, digital hubs in seven states. This was disclosed in a statement signed by the Director of Information to Vice President, Olusola Abiola, saying the hub would empower one million youths with […]
The Nigerian Communications Commission (NCC), has warned traders and other stakeholders about the negative consequences of selling and purchasing phones and telecommunications gadgets that are not type approved by the Commission. The certification of telecom devices used in the telecom sector is one of the mandates of the NCC as […]
In what has become the talk of the town, the ‘BBNaija All Stars’ house is witnessing a rollercoaster of emotions as Tolanibaj and Neo’s relationship takes center stage. The tension between the two housemates has been brewing since day five of the season, and it’s showing no signs of slowing […]
Following a consultative meeting with the Nigeria Premier Football League (NPFL) board in Abuja on Thursday evening, the Football Club Owners Association of Nigeria has reached a unanimous decision. They have agreed to commence the 2023/24 season on August 26, in accordance with the NPFL’s recommendation. The 20 clubs participating […]
Truckers and Carriers Association of Nigeria, TACAN, and Maritime Workers Union of Nigeria, MWUN, are in a dispute over alleged extortion and an attack that resulted in three individuals being hospitalized with serious injuries at Lagos Ports. TACAN accused MWUN members of responsibility for the attack, but MWUN refuted these […]