Business Hilights

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Business Hilights

Fintech 55
ICT

FinTech Advocacy Good for Digital Economy—NITDA DG

Just as Financial Technology (FinTech) proved to be a critical element in the advancement of digital economies globally through its enormous contribution to Gross Domestic Products (GDPs) as well as the alleviation of poverty, the Director General of the National…

ICT

MTN named most compliant listed company on the NGX

Leading telecom giant, MTN Nigeria Communications Plc has been named the Most Compliant Listed Company at the Nigerian Exchange Limited (NGX) Made of Africa Awards held at the Civic Centre, Victoria Island, Lagos on 6 December 2022. The award recognises…

NASS calls for resumption of $14.4bn East-West Rail Line Project

The Federal House of Representatives Wednesday, December 7, 2022, urged the federal government to reverse its earlier decision on the $14.4 billion east-west rail line project by continuing its implementation because of its economic importance to the nation. The House…

Unrepatriated Foreign Airlines’ Fund Hits $550m – IATA

Amid claims by the Federal Government that repatriation of trapped fund has started, the International Air Transport Association (IATA), Wednesday, revealed that Foreign Airlines’ fund trapped in Nigeria has risen to $550million. Speaking when he paid a courtesy visit to…

CBN’s Policy on Cash Withdrawal Limit A Human Right Violation

By Frank Tietie Stop and think for a moment that the WEEKLY over-the-counter (OTC) cash withdrawals by individuals and corporate entities would no longer exceed N100,000 and N500,000, respectively. How does this kind of policy directive help individuals and businesses?…

Zinox Ekeh Ibom
ICT

Ekeh, Zinox boss to mentor 12 lucky Konga shoppers

12 Konga Shoppers for all-expenses paid Knowledge weekend with Ekeh, Zinox boss Ekeh, Zinox boss to mentor 12 lucky shoppers Konga in all-expenses paid Knowledge Weekend powered by Konga Kares Konga Kares offers free weekend mentorship programme for 12 lucky…

CBN goes tough on Inflation Control, sets tight withdrawal limits

The Central Bank of Nigeria (CBN) has limited weekly cash withdrawals over the counter to N100,000 for individuals and N500,000 for organisations regardless of their size. Withdrawal at POS terminals has also been limited to N20,000 per day. The directive…

Nigerian content hits 54% in 2022 as NCDMB harps on compliance

Mid-way into a 10-year Strategic Road Map for enhanced indigenous participation and utilisation of local assets in oil and gas operations, industry regulator Nigerian Content Development and Monitoring Board (NCDMB) has recorded a 54 per cent Nigerian content level in…

ICT

Warri: Glo subscribers win new car, others in Festival of Joy Promo

It was a joyous occasion for Glo subscribers in Warri, Delta State, on Tuesday as they went home with various prizes in the company’s Festival of Joy promo. A 52-year-old Manager with a first generation bank, Anthony Ukpu, won a…

Peter Obi to Uzodimma: You are a good man

Presidential candidate of the Labour Party, Mr. Peter Obi on Tuesday re-echoed the thinking of many who have come in contact with Governor Hope Uzodimma, describing the Imo State chief executive as a good man. Obi did not hide his…