News

With a view to enhance financial inclusion across the country, First Bank of Nigeria Limited has announced its drive to get up to 500,000 operators on board its agent banking platform. This was disclosed at the opening ceremony of the 12th Annual Conference of the Chartered Institute of Bankers of ...

The police in Kaduna on Thursday raided a home with over 300 people in Rigasa in the Igabi Local Government Area of  Kaduna State. The cops freed about 300 people who were chained in the house, including children. They were said to be from Burkina Faso, Mali and other African ...

About one-third of African students studying in the U.S. are Nigerians, an official said on Wednesday. The Cultural Affairs Officer of the U.S. Embassy in Nigeria, Malia Heroux, made this known during an education fair for Nigerian students seeking admission into American universities for undergraduate and graduate studies. The fair, ...

United Bank for Africa (UBA) Plc and the Lagos Chamber of Commerce and Industry(LCCI), have assured small medium enterprises (SMEs) that the 2019 Lagos International Trade Fair will bring far reaching benefits that will help transform their businesses and take it to the next level. UBA’s Head Group Consumer Retail Business, Mr. Jude ...

The house of representatives has asked the Central Bank of Nigeria (CBN) to hit the brakes on the implementation of the cashless policy it recently re-introduced. At the plenary session on Thursday, the lower legislative chamber said the policy will lead to a significant decrease in credit extension by Nigerian ...

The Christian Association of Nigeria (CAN) has raised the alarm over a 7-day quit notice issued to St. Gregory’s Anglican Church, Sabon Gari, Zaria, by the Kaduna State Urban Planning Development Agency (KASUPDA). In the notice seen by TheCable, the agency said the failure to comply with the directive will ...

Vice-President Yemi Osinbajo says the national economic council will have to send a request through the president to get a briefing from the newly appointed economic advisory council (EAC). Osinbajo made this statement on Thursday in response to a request for clarification by members of the national economic council regarding their ...

Hakeem Otiki, a major-general standing trial over the alleged theft of millions of naira, has asked Lamidi Adeosun, a lieutenant-general, not to preside over the case. Five soldiers were declared wanted by the Nigerian army after they absconded with a large amount of cash allegedly on the orders of Otiki ...

Fresh facts on Wednesday emerged on some decisions taken by  President Muhammadu Buhari on the functions of his deputy, Prof Yemi Osinbajo. A source in the Presidential Villa  confided in The PUNCH  that members of the cabal in the Presidency  were bitter about the roles played by the Vice-President, when ...

Effective Wednesday, September 18, cash deposits and withdrawals from individual bank accounts are to attract addition charges, the Central Bank of Nigeria said on Tuesday. In a circular to all deposit money bank (DMBs), the Director, Payments System Management Department at the CBN, Sam Okojere, said henceforth 3 percent processing ...