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Banks set limit on debit card spending abroad to ease FX risk
In a sustain effort geared towards limiting foreign currency settlement risk, banks operating in the country have decided to reduce the amount customers can spend abroad using debit cards. Nigeria…
AMCON Can Recover Outstanding N5trillion With Amended Act – Experts
Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr Ahmed Kuru at the weekend reiterated the fact that if at sunset AMCON is unable to recover its outstanding…
SEC Working to Attract More Investors – Yuguda
Director General of the Securities and Exchange Commission, SEC, Mr. Lamido Yuguda has pledged the determination of the current management of the Commission to make the capital market more accessible…
NOLLYWOOD STAR PARTNERS WITH GIVING.NG TO RAISE N1B HEALTH WORKERS FUND
Eliot Award winning actor, Desmond Elliot, has partnered with reputable crowdfunding platform, to lend his voice in support of health workers across the country. Desmond, who is also a member…
Is Formal Education Overrated in Nigeria?
One of the important features of the colonial era in Nigeria, especially in the western region, was the aspiration of parents whose means of livelihood were mainly farming and fishing…
MUFTAU OYEGUNLE EMERGES CIIN’S 50TH PRESIDENT
The Chartered Insurance Institute of Nigeria, CIIN is set to inaugurate Sir, Muftau Oyegunle as its President and Chairman of Council after the tenure of Mr. Eddie Efekoha elapsed after…
CBN Unveils Non-Interest Guidelines for AGSMEIS, MSMEDF, Others
Emefiele The Central Bank of Nigeria (CBN) has unveiled series of guidelines for Non-Interest Financial Institutions under its Agri-Business, Small and Medium Enterprise Investment Scheme (AGSMEIS), Micro, Small and Medium…
NNPC Fires 850 Refinery Workers, Others
The Nigerian National Petroleum Corporation (NNPC) has sacked 850 workers. Many of the affceted staff from refineries, amidst the coronavirus pandemic, an oil union said on Tuesday. The workers are…
Lagos pays N8.7b to retirees in six months
The Lagos State Government said it paid over billion Accrued Pension Rights to 2,309 retirees from its public service between January and June. The Director-General of the Lagos State Pension…
59-year-old Pastor arrested for defiling 10-year-old girl in Ogun
Police in Ogun State has arrested a 59-year-old Pastor of Light Christian Church, Odeda in Odeda Local Government Area of the state, Oketokun Abiodun for allegedly having unlawful carnal knowledge…
