CBN Freezes Unfunded Accounts, To Freeze Bank Accounts Not Linked With BVN, NIN
The Central Bank of Nigeria (CBN) has ordered the immediate freezing of any unfunded account/wallet and issued a deadline for banks to put “Post No Debit or Credit” restriction on bank accounts that are not linked with Bank Verification Number…
BOI Reveals Number Of N5.3bn NG-CARES Programme Beneficiaries In 4yrs
The Bank of Industry (BOI) has revealed the number of households and companies that have benefited from the Bank’s N5.3 billion COVID-19 Action Recovery and Economic Stimulus (NG-CARES) programme disbursements in four years. Speaking on Thursday at NG-CARES Stakeholders Engagement…
AEDC Renews Commitment To Boosting Electricity Supply With Renewable, Mini-grids
In its bid to ensure sustainable electricity supply to her esteemed customers, the Abuja Electricity Distribution Company (AEDC) has upscaled its avowed commitment to optimising renewable energy and off-grid opportunities to complement its grid capacity. Leadership reports that the Managing…
Old, New Banknotes Remain Legal Tender — CBN Says, Reassures Of Adequate Naira Notes Supply
The Central Bank of Nigeria (CBN) has reiterated that old and redesigned notes issue by it remains legal tender and must not be rejected by anyone in the country. This was contained in a statement issued by the Director, Corporate…
NNPCL Working With NEITI, Other Stakeholders To Reconcile NEITI’s 2021 Report
The Nigerian National Petroleum Company Limited (NNPCL) on Tuesday said that it will continue to collaborate with the Nigeria Extractive Industries Transparency Initiative (NEITI) and all relevant stakeholders in the Reconciliation Committee set up by President Bola Ahmed Tinubu to…
CAC Alerts On Full Application Of Penalties For Failure To File Annual Returns, Sets Deadline
The management of the Corporate Affairs Commission has on Thursday reminded the general public and, in particular, Companies operating in Nigeria, their Directors and Officers that the Companies and Allied Matters Act 2020 (CAMA) requires Companies to file annual returns…
Unity Bank Records N38.2 Billion Gross Earnings In Q3’23
Retail lender, Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to N344.4 billion within the period, indicating business growth and customer confidence in the…
Smile Communications Launches CSR Initiative to Support Nigerian Schools
Smile Communications, a leading telecommunications company with a strong presence in nine states in Nigeria, is proud to announce the launch of a comprehensive Corporate Social Responsibility (CSR) initiative aimed at primary and secondary schools within its service areas across…
Zeru Gebrelibanos, Other Africans Bag Honourary Doctorate Degrees At 2nd AASU/Weldios University Symposium In Abuja
The CEO of Zeru Business Group, Ethiopia, Dr. Zeru Gebrelibanos has bagged PhD Honoraris Causa in Philanthropy & Human Investments in recognition of his investment innovations in business and humanitarianism. The Management of Weldios University of Management and Technology, Benin…
Marketing Edge Awards: Gala Bags ‘Most Outstanding Campaign’ Of The Year
Gala sausage roll’s “King of the streets” campaign, has won the most outstanding campaign of the year award at the Marketing Edge Awards. For over six decades, Gala sausage roll has held a special place in the hearts and stomachs…
