Looming merger, acquisition in banking sector to wipe off ageing banks
As the planned recapitalization of banks earlier signalled by the Central Bank of Nigeria (CBN) gathers momentum, fears have gripped two sets of banks in Nigeria. First are banks that are old with massive branch networks and highly respected by…
Fidelity Bank chief visits Trade fair complex, consoles traders over Abule Ado blast effects
…As Union Bank, First Bank, others shut down operations Union Bank branch at Balogun Business Association (BBA) and First Bank branch inside Association Progressive Traders (APT) were amongst worst hit structures at the massive Lagos International trade fair complex, Badagry…
Trade misinvoicing fuelling Africa’s illicit financial flows to rich economies
Fresh report titled; Illicit Financial Flows in Africa: Drivers, Destinations, and Policy Options, has made key revelations on illicit financial gains by Isabel dos Santos, Africa’s richest woman and daughter of former Angolan president Eduardo dos Santos. The report also…
As Nigeria goes cashless nationwide in April, Ghana unveils Universal QR Code
As every other remaining part and states of the Nigerian federation is gearing up to nationwide implementation of cashless policy of the Central Bank of Nigeria, Government of Ghana has concluded arrangements to new payment system known as the ‘Universal…
Owerri comes alive with S’East innovation Hub exchange programme
The largest network of over 100 innovation hubs and co-working spaces in Nigeria, Innovation Support Network (ISN) Hubs is hosting a regional conference in the South Eastern part of Nigeria on the 20th of March 2020 at Oluaka Institute in…
Like NCC, Ghana’s NCA steps up telecoms consumer rights education
The Ghanaian version of the Nigerian Communications Commission (NCC), the National Communication Authority (NCA) has begun a nationwide sensitization campaign that will cut across every region of the nation with the message of telecoms consumer education and rights awareness. NCA…
Bill criminalising casualisation strategic for oil and gas industry— NUPENG
As the Bill seeking to amend the Labour Act to criminalise casualisation of workers in Nigeria at the National Assembly enters its crucial stage, major stakeholders’ who are likely to gain more from the law when assented have started called…
COVID-19 fears override US-China trade tension in frustrating global air business
Strong indications have emerged showing that the colossal damage being done to global air travel and cargo businesses by hitherto US and China trade crisis cannot equate with the pressure and impacts of COVID-19 on the industry in the last…
General to command S’East security outfit coming in April, says SEGF chief
Clearer views and perspectives have emerged on when and how the South East Governors’ Forum (SEGF) will drive the region’s security network against criminals and marauding Fulani herdsmen from desert-threatened North African nations. Only last month and part of this…