CBN tracking timelines for banks’ recapitalization, sets limits for NPLs
The Central Bank of Nigeria (CBN) may have tactically flagged off planned recapitalization of banks in phases following the setting of fresh limits for exposure to non-performing loans (NPLs) that will reflect in the books of licensed banks and other…
Heritage Bank: A review of the Octopus Experience in seamless transactions
Heritage Bank, a financial services company came onboard in 2012 with tailored banking services. However, having the interest of its strong customer-base in mind, the financial giant introduced a new way for customers to engage themselves in businesses, markets, shop,…
AI value chain in oil and gas to hit approximately $2.85 billion by 2022—FG
Permanent Secretary, Ministry of Petroleum Resources, Dr. Folasade Yemi-Esan, has averred that the global Artificial Intelligence (AI) market in oil and gas is estimated to reach approximately $2.85 billion by 2022, growing by compound annual rate of 12.66 per cent….
Banks: Rigorous checks on third party engagements antidote to data protection
… As conferees seek data Governance Maturity Model Participants at the recently held breakfast session by the Chartered Institute of Bankers of Nigeria (CIBN) Centre for Financial Studies in Lagos have agreed that henceforth, banks must adopt serious fact-checking process…
NBC holds 5th Annual lecture in Abuja Tuesday
All is set for the 5th Annual Lecture of the National Broadcasting Commission (NBC) at the Congress Hall of Transcorp Hilton Hotel, Abuja, on Tuesday, August 27th, 2019 by 10am. The lecture, which is in furtherance of the Commission’s resolve…
Ghana takes over Nigeria in iron, steel manufacturing, exports to Nigeria, others
Whereas Nigeria had for several years been going forth and back on the revival of its rich but moribund iron and steel sector, Ghana has commissioned the first phase of a three pre-fabrication manufacturing plant established by B5 Plus Group…
Nationwide protests loading as FG succumbs to ANED’s pressure to hike tariff
Majority of Nigerian electricity consumers are warming up to track down the Federal Government should it further with the plan to dance according to the tunes of electricity distributors under the aegis of Association of Electricity Distributors of Nigeria (ANED)…
Auto producers’ target only Nigerian market, not manufacturing environment
Research has shown that every global auto group always target delivery of every new product into the Nigerian market, but has no plan to produce in Nigeria. Latest in the business strategy include Kia coming with Seltos and Susuki, coming…
Great feat as Kwik services hit 2000 verified customers 2 months after launch
The maxim that Nigeria remains Africa’s leading market for every business that is well packaged and managed is playing out for Kwik Delivery group which entered the Nigerian delivery service sector just two months. Otherwise, the company has revealed that…
Can Uncle Joe Igbokwe fight open defection on Lagos drainages, highways?
After the massive celebration and congratulatory messages on his inclusion in the Lagos State Government’s cabinet list, there had been serious drop in pleasant comments following his designation as the Special Adviser, Drainage and Water Resources. Otherwise, opinions started to…
