Zenith, Providus, Jaiz Banks to assist EFCC In Humanitarian Ministry Probe
The Group Managing Directors (GMDs) of Zenith, Providus and Jaiz banks, on Tuesday, honoured the invitation by the Economic and Financial Crimes Commission (EFCC), to hand over documents relating to accounts operated by the Ministry of Humanitarian Affairs to the…
Revalidate your KYC Details Ahead of January 31 Deadline, PalmPay Urges Users
Ahead of the January 31, 2024 deadline by the Central Bank of Nigeria (CBN) for existing users of fintech companies to upgrade their wallets, leading fintech company PalmPay has urged its users to upgrade their KYC details. Fintech users affected…
Dangote says EFCC only visited and not raided head office
Contrary to viral news report that offices were ransacked, the management of Dangote Industries Limited has doused the concerns of stakeholders following the visit to its Head office in Lagos by officials of the Economic and Financial Crimes Commission (EFCC)…
Accountant General distances self from Beta Edu’s fund transfer mess
The Accountant General of the Federation (AGF), Dr. Oluwatoyin Madein has clarified that the OAGF does not make payments on behalf of MDAs for projects and programmes implemented by the MDAs. The AGF was reacting to media reports concerning a…
Ecobank educates customers on FG’s EMTL
Ecobank Nigeria has issued notice to its customers on the enforcement of the new transfer levy introduced by the government. In a message to its customers, the bank said “In line with the Federal Government’s Money Transfer Levy (EMTL)…
Saudi Arabia officially joins BRICS
The BRICS group has welcomed five new members, with further expansion expected later this year. Saudi Arabia on Tuesday officially announced that it has joined the BRICS+ group, with the news carried by state TV. Riyadh has been in negotiations…
Zenith Bank Explains EMTL to Customers
Zenith Bank Plc has given further clarification to the newly introduced Electronic Money Transfer Levy (EMTL) by the Federal Government. In an email sent to its customers, the bank said as follows: “Dear Valued Customer, “We have been mandated by…
NGX, PenCom to drive PFAs equity participation with Pension Broad Index
Nigerian Exchange Limited (NGX or The Exchange), in collaboration with the National Pension Commission (PenCom) launched the NGX Pension Broad Index (NGXPENBRD) on 15 June 2023, which provides a broader benchmark for equities investment by the pension industry. The NGX…
As Tinubu shuts down Buhari’s Single Treasury Account
President Bola Ahmed Tinubu’s administration has shut down the Single Treasury Account (TSA) formerly activated and used by Muhammadu Buhari’s government for revenue collection in the country. Therefore, the President, by this decision shown in a circular dated December 28,…
Trade Fair Complex ED calls for new partnership with stakeholders
The Executive Director of Lagos International Trade Fair Management Board, Barr. Vera Ndanusa has called for renewed partnership with stakeholders’ doing business in the complex in the new year, 2024. In a terse complementary message sent to all stakeholders and…
