Banks Set to Begin Biometric Registration of Customers

    Deposit money banks will begin the roll-out of the Bank Verification Number (BVN) registration of customers by next week. This marks the end of the first phase of the project during which over 7,000 BVNs were issued by

CBN Instructs Banks to Refund Excess Charges

    Nigeria’s Apex Bank, the Central Bank of Nigeria, has ordered Deposit Money Banks to refund illegal fees charged to customers over a period of one year. The order was contained in a circular dated 12 June and was

Stanbic, Core Group, Sign iPhone Finance Deal

Core Group Nigeria, Apple’s value added distributor for Nigeria, have entered into a partnership with Stanbic IBTC Bank to extend iDeals, a zero percent interest finance offer for iPad, Mac and iPod, to include iPhone as well. Director of Core

Bi- Courtney Opens Multi-storey Car Park at MMA2

  Bi-Courtney Aviation Services Limited, operators of the Murtala Mohammed Airport Two, MMA2, Lagos have commissioned the automation of the multi-storey car park situated within its terminal. In a statement by its spokesman, Mr. Steve Omolale, the company stated that

Nigeria on Top of Frontier Market Index‏

  According to the Frontier Markets Sentiment Index, Nigeria leads the pack in the world as the most frequently tracked by multi-nationals for investment. With 11 African countries on the list, Sub-Saharan Africa dominates with 9 countries which include Kenya

Skye Bank Introduces OTPs

    Skye Bank, one of the top financial institutions in Nigeria, has introduced a new banking platform. This new banking platform has an added layer of security with the use of OTP on every beneficiary maintenance and InterBank transfer.

From CBN to The Emirate: Sanusi Lamido Sanusi Picked as Emir of Kano

    The former Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi, has emerged as the new Emir of Kano after the throne became vacant on Friday following the monarch’s death. The Secretary to the Kano State Government,

TV and Video Ratings of the NFVCB

The Nigerian Film and Video Censors Board is the only regulatory body involved in the censorship and classification process of all local and foreign audiovisual content shown in cinemas, and on television, videos and DVD. The NFVCB seeks to

Godwin Emefiele Resumes as CBN Governor, Unveils its 10 Point Agenda‏

  Mr. Godwin Emefiele, the new Governor of the Central Bank of Nigeria revealed his blueprint for the Nigerian economy indicating that through his vision for the country, they would create a Central Bank that is professional, apolitical and people-focused.

Funmi Iyanda, Chude Jideonwo, Others to Lead Discussions at Nigeria Dialogue Town Hall Meeting in London

  Nigeria Dialogue holds a town hall meeting featuring Funmi Iyanda, Chude Jideonwo, Humphrey Hawksley and Ikenna Azuike titled “The New Generation of Leadership in Nigeria” on Saturday, July 12th, 2014 at The Cruciform Building, Lecture Theatre 1, University College

Supermart Extends its Delivery Services to Other Areas in Lagos‏

    Supermart, an online grocery store that was launched in April and started by delivering orders to Ikoyi, Victoria Island, Lekki and Lagos Island is now extending its coverage and services to involve Ikeja, Maryland, Ilupeju, Ogba, Yaba, Surulere

President Jonathan Presents N322.600 Billion NDDC Budget to Senate

  Nigeria’s President, Goodluck Jonathan, submitted N322.600 billion for the 2014 budget of the Niger Delta Development Commission, NDDC, to the National Assembly. The budget which was submitted this morning was read by the Senate President, David Mark. Mr. Jonathan

F.G Approves N40 Billion Loan For Lagos

  Nigeria’s Federal Government yesterday, Wednesday 4th June 2014 announced the approval of a N40 billion loan facility for Lagos State Government for the development of infrastructure and education in the state, the Minister of Information, Labaran Maku, revealed. Mr.

OPS, UNIDO Work Together to Bring Nigerian Products to International Standards‏

  Two organizations, Organized Private Sector (OPS) and the United Nations Industrial Development Organization (UNIDO)have decided to work together so that Nigerian products can meet domestic, regional and international standards. This resolution was reached during a meeting in Lagos

SON Introduces Code of Hygienic Practice For The Cold Room Industry‏

  SON, Standards Organization of Nigeria has introduced a hygienic practice code to sanitize the cold room industry so as to ensure that only quality and fresh products are for sale in Nigerian markets. Dr.Joseph Odumodu, Director General, SON said

CBN Cashless Policy Commences Nationwide

  The CBN’s cashless monetary policy enforcement is set to begin nationwide in July 2014. The pilot program started in Lagos in July 2012, and subsequently in other states; Rivers, Anambra, Kano, Abia, Ogun and the FCT in July 2013.

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