First Bank of Nigeria Limited has denied has abusing court process in its legal battle with General Hydrocarbons Limited (GHL). In a statement released, the bank described media reports on the abuse of court processes as failed and misleading stating that had fulfilled its obligations under the loan agreements. Explaining what transpired, the bank said: […]
Read MoreAWS is to start accepting payments in Nigeria Naira as part of a broader initiative by the company to incorporate eight new local currencies. Amazon Web Services (AWS) has added the Nigerian Naira and several other currencies to its payment catalogue, a move aimed at simplifying financial transactions for businesses. This development is part of […]
Read MoreMTN Nigeria has achieved a major milestone by becoming the first Nigerian organisation, the first company in the telecommunications industry, and the first within MTN Group to earn the Compliance Management System (CMS) certification from the International Accreditation Service (IAS). This globally recognised certification affirms MTN Nigeria’s commitment to maintaining world-class compliance standards across its […]
Read MoreThe Nigerian Communications Commission (NCC) and the Federal Competition and Consumer Protection Commission (FCCPC) is seeking better deal for telecoms consumers in Nigeria. To this end both organisations have signed a Memorandum of Understanding (MoU) aimed at strengthening the resolve of both institutions to protect the Nigerian consumer, especially in the communications industry. Speaking at […]
Read MoreIn a clear message of zero tolerance for cash flow disruptions, the Central Bank of Nigeria (CBN) has sanctioned Deposit Money Banks (DMBs) for failing to make Naira notes available through automated teller machines (ATMs), during the yuletide season. Each bank was fined ₦150 million for non-compliance, in line with the CBN’s cash distribution guidelines, […]
Read MoreIn a bid to foster stronger relationships between public relations practitioners and journalists, the Chief Executive Officer of Integrated Indigo Firm, Bolaji Abimbola, has sought a partnership with the Brands’ Journalists Association of Nigeria (BJAN). The proposed partnership aimed to promote mutually beneficial collaborations, enhance the quality of reporting on brands and PR-related stories, and […]
Read MoreBank customers are soon going to be unable to use Unstructured Supplementary Service Data (USSD) short code to do financial transaction, the Nigerian Communications Commission (NCC) has granted telecommunications companies approved to suspend the USSD service to 18 banks. The suspension was as a result of debt owed telecoms operators by Deposit Money Banks (DMBs), […]
Read MoreThe National Information Technology Development Agency (NITDA), in collaboration with the Office of the Head of the Civil Service of the Federation, has launched an extensive Digital Literacy Training and Certification programme for federal civil servants. The initiative was designed to empower federal government employees with essential IT knowledge and skills, and enhance public service […]
Read MoreThe AI-driven 5IR is set to drive tremendous change and the emergence of ‘digital unicorns’ in Africa. Advanced data centres are underpinning this transformation. This is according to Dr Ayotunde Coker, CEO of Open Access Data Centres (OADC), a WIOCC Group Company, Africa’s leading provider of comprehensive, integrated core digital infrastructure solutions and managed network […]
Read MoreThe National Association of Proprietors of Private Schools (NAPPS) in Lagos State has announced a $1 billion agreement with Digital Learning Network Inc. (DLN), a US-based education technology business, to transform digital education in Nigeria. The project, which is fully funded by DLN, aims to improve educational quality and promote social inclusion across the country by […]
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