Wema Bank Reopens Branches Nationwide, Advises Customers and Staff To Remain Cautious
Due to the Federal Government’s directive to ease the nationwide restrictions on movement and key businesses, Wema Bank Plc will reopen all its branches nationwide. In a statement released by the bank, from Wednesday, June 3, 2020, all branch offices…
Piracy: Nigeria Hands over Suspected Vessel, Crew to Ghana
The Nigerian Government has handed over the fishing vessel Marine 707 suspected to be carrying out illegal activities in the Gulf of Guinea to the Ghanian authorities for further investigation and possible prosecution. Nigeria also handed over 51 crew members…
Capital importation in Nigeria still lacks skid resistance—Cordros Capital Report
Latest report released by Cordors Capital Group in Lagos has shown that Capital importation in Nigeria still lacks skid resistance, following another 31.2% y/y decline to USD5.85 billion over Q1-20. Given the outbreak of COVID-19 pandemic, which disrupted global economic…
CWG, Clari5 seal deal to help African banks beat financial crime in real-time
Pioneer information technology company CWG, has announced new partnership with Banking Enterprise Financial Crime Risk Management products company, Clari5 to jointly help African banks combat enterprise fraud and money laundering. Details show that through this strategic partnership, CWG and Clari5…
