Banks, CBN moving opposite directions on forex access—-NTMA
Indications have emerged that money deposit banks and the Central Bank of Nigeria (CBN) may not have been on ‘the same page’ on issues bordering on access and availability of foreign exchange, Business Hilights, can authoritatively report. Yesterday, the Nigerian…
FG dumps concession plans, votes N1b for Abuja airport runway repair
If there is anything to get from the recent move by the federal government in approving N1 billion for the repair of the runway at Nnamdi Azikiwe International Airport, Abuja, it may be the fact government has bungled plans for…
Relief as states to get N20b each for infrastructure
The Speaker of the House of Representative, Hon. Yakubu Dogara has hinted that the federal government is concluding plans to refund at least N20 billion to each of the 36 states to deepen infrastructural development. The Speaker was responding to…
FMBN plans 5m housing for middle income class
The Federal Mortgage Bank of Nigeria (FMBN) has announced new plans to deepen the provision of housing for the mass and middle income markets that will provide affordable houses at five million naira and below. The Acting Managing Director of…
Expert hits banks, reveals causes of network failures, service disruptions
Leading cyber security expert and systems engineer, Mr. Kunle Sadiq has given the reasons behind watery excuses always given by bank officials at the banking halls in times of service hiccups. This is as the Central Bank of Nigeria (CBN)…
NCC to sanction Etisalat, 12 others over UTM breaches next week
In view of the observed breaches against a directive it handed down in August on random use of Unsolicited Telemarketing Messages (UTMs), the Nigerian Communications Commission (NCC) has announced plans to sanction 13 telecoms operators including all the four major…
PayPorte returns Big Brother Nigeria 10 years after
Leading online store operator, PayPorte, has announced its sponsorship of the Big Brother Nigeria (BBN), the popular reality television show, now known as,“Big Brother Naija”. This season’s competition sponsored by PayPorte.com is set to bring the most astonishing fun and…
NCC’s consumer outreaches driving telecoms awareness—Danbatta
The main regulator of telecoms activities in the country, the Nigerian Communications Commission (NCC), has reaffirmed its readiness to deepen consumer education and awareness of subscribers’ rights in the industry. Addressing the mammoth crowd who gathered at the stand of…
MTN, group unveils health, fitness devices in Ghana
Garmin in collaboration with MTN Ghana and Izone has introduced health and fitness products into the Ghanaian market. The products, which include watches, have built in activity trackers to monitor and record daily activities and motivate customers towards a healthier…
BoI, Ooni seal N1bn MoU to empower 5,000 youths, women in Ife
One year on, the Ooni of Ife, Oba Adeyeye Ogunwusi, has stepped up efforts to better the live and wellbeing of his people. He has attracted the Bank of Industry (BoI) into sealing a new deal worth N1bn for the…
