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CBN begins charges on deposits, withdrawals above N500,000
The Central Bank of Nigeria on Tuesday said that the nationwide implementation of the cashless policy will begin by March 2020.
The apex bank said this in a circular to all Deposit Money Banks in the country.
It…
SPDC Deploys HD Aerial Cameras To Monitor Activities
By Mattex Omonext, Delta
Shell Petroleum Development Company of Nigeria Limited,SPDC, has deployed state-of-the-art high definition cameras for quick detection and response to crude oil spills from its facilities.
…
Why attack on Saudi leaves World without spare oil capacity
The strike on the heartland of Saudi Arabia’s oil industry, including damage to the world’s biggest petroleum-processing facility, has driven oil prices to their highest level in nearly four months.
Here are some facts about…
Stanbic IBTC Introduces Educational Payment Products To Usher Students Back To School
As another school year beckons, Stanbic IBTC Bank PLC, a member of Stanbic IBTC Holdings PLC, has introduced a suite of educational payment products that will ease the burden of school fees which parents and guardians have to…
Stanbic IBTC Launches Integrated Marketing Campaign To Promote *909# USSD Code from Monday, September 9
Stanbic IBTC Bank, a member of the Standard Bank Group, launches an integrated marketing campaign on its Unstructured Supplementary Service Data (USSD) application, with the dedicated code, *909#.
The *909# USSD string affords…
Xenophobia: Air Peace to evacuate Nigerians from South Africa
The Ministry of Foreign Affairs has announced that Air Peace Airline would commence the evacuation of Nigerians in South Africa from September 6, following recent attacks on Nigerians in that country.
Mr Ferdinand Nwonye,…
NNPC Tasks FRSC,Others To Keep Nation’s Roads Safe From Smoky Vehicles
By Grace Tunji, Abuja
The Nigerian National Petroleum Corporation (NNPC) has called on the Federal Road Safety Corps and other relevant agencies to rise up to their mandate of keeping the nation’s roads…
Car Dealers Now Dismantle Fairly Used Vehicles For Spare Parts
By Roland Ekama, Lagos
Sequel to the lull in the informal sector of the automobile industry, Car dealers in some of the section of Berger Market have commenced conversion of imported fairly used vehicles to…
‘To Fight Corruption, You Must Have ‘Equity’ Mindset – Mitchell Elegbe
Mitchell Elegbe, GMD / Founder, Interswitch Group, has said that one way to fight corruption is to have the mindset of equity. He stated that corruption and poverty go hand-in-hand.
Elegbe made this remark at the second edition of the…
Stanbic IBTC Releases Mid-Year Audited Results
Stanbic IBTC Holdings PLC, a member of the Standard Bank Group, has announced its mid-year audited results for the period ended June 30, 2019. The Group also announced an interim dividend of 100 kobo.
According to the Stanbic…