Ecobank Nigeria says it remains committed to recovering the debts owed by Honeywell, emphasizing that the return of depositors’ funds is crucial for ensuring the continued support and growth of local businesses by the bank. The bank also asserted that the judgement claim by Honeywell Flour Mills Plc is an exercise in futility as the […]
Read MoreSwift Networks Limited have described as false and baseless a situation that resulted to a a Federal High court Ex parte injunction granted to Union Bank over an alleged debt. According to the Internet Service Provider company, it assured it assured that it would be rigorously opposing the Ex parte order in court while also […]
Read MoreEcobank has challanged Small and medium Enterprises (SMEs) as well as large businesses in the country to onboard on its Single Market Trade Hub which was launched recently. The Ecobank Single Market Trade Hub is a cutting-edge digital platform that serves as an exchange and information repository designed to respond to the evolving trading needs […]
Read MoreWith the advent of technology and remarkable advancements like artificial intelligence (AI), several jobs and industries in the United States are anticipated to face a downturn. The convergence of technological progress establishes the foundation for a shift in the job landscape, putting certain professions at risk of disappearing. In particular, data acquired by Finbold has […]
Read MoreNCC Harps on Staff Roles on Business Sustanace, Unveils Business Continuity Awareness Week The Nigerian Communications Commission(NCC), has flaggged-off an initiative designed to he sustain more of Nigerian businesss. The initiative know as the Business Continuity Awareness Week (BCAW), had its first edition for its staff. The BCAW is a dedicated event aimed at promoting […]
Read MoreFollowing South Africa’s financial greylisting by global financial crime watchdog, the Financial Action Task Force (FATF) for not fully complying with international standards around the prevention of money laundering and terrorist financing, significant amendments have been made to the Financial Intelligence Centre Act (FICA). These amendments mean that any business dealing with significant financial transactions […]
Read MoreFacebook parent Meta has partnered with Microsoft to unveil its ChatGPT rival: the Llama 2 open source artificial intelligence (AI) model. According to a Microsoft blog post, the new free-to-use model enables developers and organisations to build generative AI-powered tools and experiences. Llama 2 will be distributed by Microsoft through its Azure cloud service and […]
Read MorePan-African e-commerce titan Jumia is facing a bleak future as the company continues to bleed money with no end in-sight. The company has incurred significant losses of $2 billion since its inception, and says there’s no guarantee it will achieve or sustain profitability in the future. This is according to Jumia’s annual report filed with […]
Read MoreEcobank Nigeria Limited says it will appeal a judgement by the Federal High Court in Lagos, presided over by Hon. Justice Liman, which delivered a judgment in favour of Honeywell Flour against the bank and ordered it to pay the sum of N72 billion. The bank said it believe that the judgment is perverse and […]
Read MoreThe National Commissioner of the Nigerian Data Protection Commission (NDPC), Dr Vincent Olatunji, has assured Nigerians that the Commission has the capacity to create about 500,000 jobs and create additional income for the citizen. Olatunji told journalist in Lagos, Southwest Nigeria in a training organised by the NDPC for members of Nigeria Information Technology Reporters […]
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