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CBN: Loan defaulters to lose deposits in other banks
The Central Bank of Nigeria and other lending institutions have agreed to seize the bank savings of customers that borrow money and refuse to pay back.
They agreed that the deposits in the customers’ other banks’ accounts…
Why We Created ‘SingTheSong’ – Oladapo Ojo
Since June 2019, the musical game show ‘SingTheSong’ has been generating buzz and has caught the attention of many music lovers, because it allows people enjoy music and win life-changing cash prizes in return.
Mr. Oladapo Ojo, who is…
Quickteller selects more winners to attend the Interswitch One Africa Music Fest in London
Quickteller, a leading digital consumer payments platform in Nigeria, is set to take another set of winners on an all-expense paid trip to the London instalment of the Interswitch One Africa Music Fest taking place, Saturday, August 24,…
TRUECALLER Crosses 1 Million Paying Subscribers Mark
Truecaller today announced that it has crossed 1 million paying subscribers globally, and has added a series of new feature to its paid subscription service, Truecaller Premium. Rolled out globally, the premium subscription service will now…
We’ll light up our state to extend business hours- Ikpeazu
Governor Okezie Ikpeazu says the street lighting initiative embarked upon by his government is designed to extend the business hours of major cities in the state beyond midnight through proper street lighting and improved security.…
3Line Sets To Launch Retail Management Solution For SME’s
Line set to launch cutting-edge retail management solution for SMEs (Lagos, Nigeria. Friday, August 16, 2019)
3Line Card Management, an innovative fintech company is set to launch an integrated retail management payment…
Verve Global Card Launches 1st International Transaction In USA
Verve, a leading payments technology and card business in Africa, and Discover Global Network, the payments brand of Discover, today held an event to launch the Verve Global Card.
Cardholders will now have the ability to use…
5% Charge on Every Online Purchase You Make with Your Bank Cards from Next Year – FIRS Boss
Babatunde Fowler, the FIRS boss says Nigerian banks will be used as an agent in achieving the 5% value-added tax.
Analyst says the digital economy may impact tax revenue in 2019.
Nigeria's multi-billion dollar…
Federal Government To Review Revenue Allocation Formula
The Federal Government says it will set up a committee in the coming week to review the revenue sharing formula for Federal, States and Local Governments due to current economic realities.
The Chairman, Revenue Mobilisation…
Access, Union Bank Issue 60 Billion Naira Bond
Access Bank and Union Bank have each issued a 30 billion-naira bond taking advantage of falling yields on the local currency debt market, banks leading the bond sales said on Monday.
Access Bank sold a seven-year bond at a…