Business Hilights

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Banking/Investments

AGF drills Varsities on IPPIS, says platform saved N273bn for FG in two years

The Accountant General of the Federation (AGF), Alhaji Ahmed Idris, has revealed that between 2017 and 2018, the Federal Government saved not less than N273bn from the growing adoption of the Integrated Personnel and Payroll Information System (IPPIS) Platform. In…

(Special Report) That Sanwo-Olu’s fine of N200,000 on one-way and FRSC code

Whereas Lagos State and any other state of the federation deserves the best compliance to traffic regulations, the new administration under the new Governor, Babajide Sanwo-Olu, should try as much as possible to align with provisions of existing traffic laws…

Return of Golden Guinea beer and issues in alcohol VAT sharing formula

When the returned Governor of Abia State, Chief Okezie Ikpeazu, said few years ago that his government will revive the moribund foremost brewery in the state, a lot took him for granted. Definitely, it has come to pass as the…

NSE, SEC, REDmoney flag off Islamic Finance in Nigeria at Exchange tomorrow

The Nigerian Stock Exchange (NSE), in partnership with REDmoney Group, is set to hold the inaugural edition of the Islamic Finance in Nigeria Forum themed, “Harnessing the Islamic Finance Sector for Infrastructure Development and Economic Growth”, tomorrow in Lagos. REDmoney…

Fidelity, NIPOST to drive financial inclusion via agent banking nationwide

Leading retail banking giant, Fidelity Bank Plc, Thursday in Abuja, sealed agency banking partnership with NIPOST as part of drive to deepen financial inclusion across the country. Giving insights at the official launch of the Agency Banking Partnership with the…

Pay contractors to reduce NPL pressures on Nigerian banks, CBN tells FG

A Deputy Governor of the Central Bank of Nigeria (CBN), who doubles as member of the Monetary Policy Committee (MPC), Mr. Edward Lametek, has made it clear that “payment of contractor debts by the Federal Government would go a long…

CIBN hails Heritage Bank’s academy as freshers begin training

Heritage Bank Plc has received the prestigious accolades from the Chartered Institute of Bankers of Nigeria (CIBN) for its establishment of a full-fledged learning and development institute. Already, the Heritage Bank Academy has flagged off the training of new 300…

Interswitch’s boss, Elegbe wins African Banker icon Awards, as BoI lead inclusion

Winners of the 2019 edition of the African Banker Awards emerged Wednesday at a prestigious Gala Dinner in Malabo, Equatorial Guinea. The Awards took place in Malabo, Equatorial Guinea, on the sidelines of the African Development Bank Annual Meetings which…

Early retirement planning best for building long-term future—Fidelity Pension

Leading innovative Pension Fund Administrator (PFA) in Nigeria, Fidelity Pension Managers Limited, has argued that one of the best options for building a long-term future is adopting early retirement plan. Giving insights at a Customers’ Interactive Forum, organized by the…

Fidelity to rebuild main gate for BBA, deepen traders’ soft loans, security

Leading retail banking giant, Fidelity Bank Plc has stepped up its prevailing partnership with one of the largest Lagos trading group, the Balogun Business Association (BBA), Lagos International Trade Fair Complex. Speaking at a recent interface meeting with the BBA,…