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Zenith bank will continue to support efforts to close digital skills gap – Amangbo

Zenith Bank Plc. has restated its commitment to supporting efforts geared toward closing the digital skill gaps in the country. Group Managing Director and Chief Executive Office of the bank, Peter Amangbo, made this commitment at the 2018 Microsoft Office Specialist World Championship Award sponsored by Zenith Bank in Lagos on Wednesday. Amangbo, who was Read more

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Dangote urges deepening of African economy through free trade

LONDON, United Kingdom, October 8, 2018/ — Foremost businessman, Aliko Dangote has in London called for conscious efforts at deepening African regional market by African investors and governments to aid rapid growth and development of the Continent’s economy. Speaking during “One to One Conversation” at the on-going 5th annual Financial Times African Summit, the Nigerian Read more

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Nigeria’s Central Bank revokes Skye Bank’s licence, Polaris Bank takes over

The Central Bank on Nigeria (CBN) has announced the withdrawal of the operating licence of Skye Bank. Chairman of the Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim made this known to journalists on Friday. Umaru disclosed that the NDIC in collaboration with the Central Bank of Nigeria (CBN) has approved that a bridge bank will be Read more

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Apple unveils premium iPhone XS, health features for watch

AFP>>> Apple unveiled three new iPhones on Wednesday in a bid to bolster its spot in the premium smartphone market, along with an upgraded smartwatch that takes electrocardiograms and detects falls. The California tech giant said it would begin selling its 5.8-inch iPhone XS and 6.5-inch iPhone XS Max later this month, keeping the starting price Read more

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Court rules against DStv, Gotv tariff hikes

A court in Abuja has rejected an appeal by Multichoice Nigeria against an interim injunction prohibiting any subscription rates increments in its DStv and Gotv. A judge, Nnamdi Dimgba, in Abuja has rejected an appeal by Multichoice Nigeria against an interim order prohibiting any increase in its DStv or GOtv subscription rates. Multichoice Nigeria had Read more

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Illegal Fund Repatriations: MTN drags CBN, AGF to court over $10.1bn demand

MTN Nigeria has filed a suit against the Central Bank of Nigeria (CBN) and the Attorney-General of the Federation to seek a restraining order. In a suit filed in Lagos on Monday, the telecom giant is seeking an injunctive relief to protect its assets and shareholder rights. The Central Bank of Nigeria (CBN) had revealed Read more

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Developing Story: Tinubu’s Alphabeta accused of money laundering – ex-MD writes EFCC

Alphabeta Consulting Limited, widely believed to be owned by Asiwaju Bola Ahmed Tinubu, a national leader of the ruling All Progressives Congress (APC), has been fingered in alleged illegal financial activities, indicating money laundering. A former Managing Director of the consulting firm, Dapo Apara petitioned anti-graft agency, the Economic and Financial Crime Commission (EFCC) about Read more