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Soon, use of ATM pin codes’ll give way for finger-prints, biometrics—CBN

atm-machines

In keeping with its renewed fight against electronic fraud, rampant losses or trapping of automated teller machine (ATM) cards, a new vista is being plotted by the Central Bank of ...

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Purple Capital property group, accesses Purple Capital’s $12.5m

Purple Obinna

Vantage Capital, Africa’s largest mezzanine fund manager on Tuesday, announced provision of $12.5 million facility to Purple Capital, a prominent Nigerian real estate company and financial service provider. Purple Capital ...

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UBA driven by exploits of National Essay Competition past winners—Uzoka

UBA Competition

The Managing Director and Chief Executive Officer of UBA Plc Mr. Kennedy Uzoka, has welcomed the recently concluded National Essay Competition, sponsored by UBA Foundation, the CSR arm of the ...

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Nigeria distances self from recession, hits 1.4% GDP growth rate in Q3

GDP 22

Latest revelation from the National Bureau of Statistics (NBS) on Monday showed that Nigeria’s chances of plunging back to recession may not exist in the near future as the released ...

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FG killing Free Zones concept in Onne, 16 firms leave

Intels logo

More industry players are still looking at the emerging after effects of government’s onslaught on Intels Nigeria Limited, core concessionaire of Onne Free Trade Zone, in Rivers State. Already, some ...

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$10bn inflow in 6 months shows rising foreign confidence—Emefiele

cbn-gov

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has revealed that results from the effectiveness of the CBN Investor and Exporters FX window created to stabilise the ...

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BVN victims relieved as Judge reverses forfeiture ruling, blocks withdrawal

BVN live

Relief is underway for millions of bank account holders’ especially rural dwellers and Nigerians in Diaspora as the federal High Court judge who had earlier granted an order for account ...

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BoI erred in issuing 30 days ultimatum for pending loan applications—Analysts

Boi Kwara

Though the Bank of Industry (BoI) has said it reduced turnaround time for loan applications, and issued a 30-day ultimatum to its customers to complete their documentations, industry observers have ...

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FOU Zone ‘C’ Owerri records 41 seizures valued at N543.18m in two months

Customs Ow

Details revealed by the Federal Operations Unit (FOU) Zone ‘C’ of Nigeria Customs Service (NCS), Owerri have shown that the command recorded 41 seizures of contraband worth of N543.18 million ...

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If moving NPA’s $21.3m to TSA from Heritage Bank’ll cause stress, then…

Heritage bank

Since the managing director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has revealed at the resumed hearing at the House of Representatives that Heritage Bank’s reason for not remitting ...

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