PwC’s Global Economic Crime and Fraud Survey 2022 revealed that 46% of organisations have experienced fraud, corruption, or other economic crimes in the last 24 months. Ryan Mer, CEO of eftsure Africa, a Know Your Payee™ (KYP) platform provider, gives a rundown of what to look out for. Fraud protection is no longer optional It’s […]
Read MoreThe Next Generation Mobile Networks Alliance (NGMN) today published ‘Green Future Networks: Telco Supply Chain Sustainability’ addressing the key issue of how operators can work with their supply chains to reduce carbon emissions. Reducing carbon emissions from the supply chain is of critical importance to operators’ roadmaps to net zero carbon. “Cutting carbon emissions to […]
Read MoreNigeria’s inflation rate eased to 21.34% in December 2022 from 21.47% in November 2022, first drop in about 11 months. The National Bureau of Statistics (NBS) in its latest inflation report showed a decline of 0.13% between November and December. “In December 2022, the headline inflation rate eased to 21.34% compared to November 2022 headline […]
Read MoreHuman rights lawyer and Senior Advocate of Nigeria, Mr Femi Falana said the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele has not returned to the country following allegations of terrorism financing levelled against him by the Department of State Services (DSS). “I can say without any fear of contradiction that Mr […]
Read MoreThe cash withdrawal limits set by the Central Bank of Nigeria (CBN) become effective today, January 9, 2023 amid concerns over the slow spread and quality of three newly redesigned naira notes. The CBN had on December 6, 2022, ordered Deposit Money Banks (DMOs) and other financial institutions to ensure that weekly over-the-counter (OTC) cash […]
Read MoreA team of technocrats have been lined-up to tutor entrepreneurs at the first edition of the one week-long digital marketing bootcamp by Lagos-based communication and events consultancy, AT3 Resources to mark its fifth year of providing strategic public relations, events and media interventions to corporates, individuals and brands in Nigeria and across Africa. Among the […]
Read MoreThe NFIU said the decision is in accord with Nigeria’s full transition into a cashless economy. The Nigerian Financial Intelligence Unit (NFIU) has banned cash withdrawal for all federal and states accounts, effective March 1, 2023. NFIU Director General, Modibo Tukur, who disclosed this to journalists at a conference in Abuja on Thursday, said the […]
Read MoreEcobank Nigeria has again called on its customers to approach any of its branches to deposit old naira banknotes into their accounts to avoid last minute rush, also assuring them of gaining a minimum of 8% interest on their saving. This is against the backdrop of Central Bank of Nigeria (CBN)’s January 31, 2023, deadline […]
Read MoreAudit and professional services company, KPMG Nigeria, has ranked Ecobank Nigeria among the top three banks with good customer experience in the Small and Medium Enterprises (SME) segment. KPMG’s Nigeria banking industry customer experience survey measures the performance of lenders in the country in terms of their relationship with their account holders and other users […]
Read MoreAmid the slow recovery of COVID-19, it may be tempting for companies to stick with what is comfortable and delay ambitious digital transformation projects until more stable times. However, leading data and analytics company GlobalData notes that this would be a mistake. History shows that companies that tech-enable their businesses during a recession tend to […]
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