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Breach Of Law: CBN Revokes Operating Licenses Of Payment Service Providers, Switch Operator
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Breach Of Law: CBN Revokes Operating Licenses Of Payment Service Providers, Switch Operator

December 25, 20200409
Breach Of Law: CBN Revokes Operating Licenses Of Payment Service Providers, Switch Operator

-by our correspondent. The Central Bank of Nigeria (CBN) has withdrawn the operating licenses of seven payment service providers (PSPs) and one Swi

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BusinessEconomyNewsPress releasesSecurityUncategorized

Persistent Gridlock: FGN To Deploy 200 Security Personnel In Apapa Area

December 24, 20200409
Persistent Gridlock: FGN To Deploy 200 Security Personnel In Apapa Area

As part of measures to check the incessant traffic jam in Apapa area of Lagos state, the Minister of Transportation, Rotimi Amaechi, says the Federal

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BusinessEconomyNewsPress releasesUncategorized

Linking Simcard To NIN: Telcos Commence Assimilation With NIMC Database

December 24, 20200394
Linking Simcard To NIN: Telcos Commence Assimilation With NIMC Database

As part of efforts to facilitate the validation and verification of digital identities and enrollment processes, mobile network operators in Nigeria h

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BusinessEconomyNewsSecuritySpecial ReportTrendingUncategorized

Revenue Generation: Tincan Island Port Customs Command Surpasses 2020 Projections

December 22, 20200520
Revenue Generation: Tincan Island Port Customs Command Surpasses 2020 Projections

-by Barnabas Esiet. The Tincan Island Port command of the Nigeria Customs Services (NCS), under the dynamic leadership of Comptroller, Musa Abdulah

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National Budget: House of Reps Passes N13.6tn For 2021 Fiscal Year

December 22, 20200394
National Budget: House of Reps Passes N13.6tn For 2021 Fiscal Year

-by our correspondent. Budget Highlights: * N0.49 trillion for statutory transfers *N5.6 trillion for Recurrent (Non–Debt) Expenditure * N

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Bankruptcy: 42 MFBs Shut Down as NDIC Begins Verification Of Depositors

December 22, 20200481

-by our correspondent. The 42 Microfinance Banks (MFBs) across the country have been liquidated following new directives from the Central Bank of N

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BusinessEconomyNewsUncategorized

Linking SIM Cards To NIN: NACCIMA Calls For Extension Of Implementation Time Limit

December 21, 20200378
Linking SIM Cards To NIN:  NACCIMA Calls For Extension Of Implementation Time Limit

-by our correspondent. The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has called on the Ministry of Co

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BusinessCrimeEconomyNewsPress releasesUncategorized

Ponzi Scheme: SEC Nigeria Disclaims Famzhi Interbiz Limited

December 21, 20200471
Ponzi Scheme: SEC Nigeria Disclaims Famzhi Interbiz Limited

-by our correspondent. The Securities and Exchange Commission (SEC) has wash it’s your hands of the activities of Famzhi Interbiz Limited, noting t

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Bank Closures: Widespread Misconception Responsible For Unclaimed Deposits – NDIC

December 18, 20200474
Bank Closures: Widespread Misconception Responsible For Unclaimed Deposits – NDIC

-by our correspondent. Narrow understanding and widespread misconception of the Deposit Insurance System (DIS) in Nigeria is largely responsible fo

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Capital Market: SEC Nigeria, FSD Africa Commence Joint Review Of Nigeria’s 10-Year Master Plan

December 18, 20200492
Capital Market: SEC Nigeria, FSD Africa Commence Joint Review Of Nigeria’s 10-Year Master Plan

-by our correspondent. The Securities and Exchange Commission, (SEC Nigeria) and the Financial Sector Deepening (FSD) Africa have announced the sta

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