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By Adedapo Adesanya The chief executive of the Nigerian National Petroleum Company (NNPC) Limited, Mr Mele Kyari, has said all... Read more
See the New Naira Notes Redesigned by CBN (N200, N500, N1,000)
Nov 23, 2022 · President Buhari unveiled the new Naira notes on November 23, 2022, after the CBN announced their introduction in October 2022. The new notes are in different colours and will be in circulation from December 15, 2022, and replace the old ones by January 31, 2023.
NCAIR, Google Unveil N100m AI Fund for Nigerian Startups
Sep 11, 2024 · By Modupe Gbadeyanka A million initiative aimed at supporting Nigerian startups that are leveraging Artificial Intelligence (AI) to develop innovative solutions has been launched by the National Centre for Artificial Intelligence and Robotics (NCAIR). The N100 million AI fund was put together in collaboration with
SuperSport Takes Over Score808 Website After Owner’s Arrest
Sep 5, 2024 · Over the weekend, it was reported that the operator of Score808 was arrested in Osun State by the Intelligence Response Team (IRT) of the Nigeria Police Force Intelligence Bureau.. The website, created in November 2022, according to its Whois data, is said to attract millions of visits from across Africa and beyond, precisely …
As UBA Plc Prepares For Recapitalization | Business Post Nigeria
Sep 23, 2024 · Learn about the origins, achievements and challenges of United Bank for Africa (UBA Plc), a leading pan-African bank with a global vision. Find out how UBA plans to meet the CBN's directive to recapitalize its operations in Nigeria by 2026.
Zenith Bank Upgrades Infrastructure for Seamless Transactions ...
Oct 3, 2024 · Zenith Bank Plc blamed the recent glitch on its e-channels on its infrastructure upgrades and promised improved services. Customers can now perform transactions with the bank's debit card, app, internet banking, agents and branches.
Cashless Policy: CBN Announces Fresh Cash Withdrawal Limits
Dec 7, 2022 · “The maximum cash withdrawal via point of sale (POS) terminal shall be N20,000 daily.” In compelling circumstances, not exceeding once a month, where cash withdrawals above the prescribed limits are required for legitimate purposes, the apex bank noted that such must not exceed N5 million and N10 million for individuals and corporate organisations, respectively.
400-year-old British Institution Opens $150m School in Lagos
Sep 26, 2023 · Charterhouse, a 400-year-old British educational institution, has launched its first African school in Lagos, with a $150 million campus planned for 2028. The school will offer world-class education inspired by Britain and delivered in a multicultural environment.
CBN Rolls Out Penalties for BVN Infractions
Oct 13, 2021 · As per infraction or customer, the failure to report customers’ BVN for watch-listing attracts N200,000 penalty per infraction or customer. Furthermore, the failure to correctly report the BVN of a deceased customer will attract a N100,000 penalty per infraction or customer, while failure to follow due process in confirming and designating a …
Ecobank Retains ‘Best Retail Bank in Nigeria’ Award
Oct 6, 2021 · By Aduragbemi Omiyale For the second straight year, Ecobank Nigeria has won the Best Retail Bank in Nigeria award, beating other notable financial institutions in the country to reclaim the prize. The award was issued by the Asian Banker at the Middle East and Africa Regional 2021 awards ceremony held recently in