Banking Latest News

Ecobank Group, MTN Partner To Deepen Financial Inclusion In Africa

MTN, a leading telecoms services provider, today announced a collaboration with Africa’s leading independent banking group, Ecobank Transnational Incorporated (ETI) enabling both companies  to leverage each other’s assets that will ultimately offer more value to their respective customers across the continent. Under the partnership arrangement, MTN’s large subscriber base, comprehensive distribution, innovative digital products and […]

Latest News Taxation

FIRS, EFCC To Track Tax Defaulters, Recover N29bn Withholding Tax/VAT

The management teams of the Federal Inland Revenue Service (FIRS) and the Economic and Financial Crimes Commission (EFCC) have indicated their readiness to deepen and strengthen their collaboration to track both individuals and organisations that refused to pay the right taxes. A statement by FIRS’ Head, Communications and Servicom Department, Wahab Gbadamosi, on the agencies’ […]

Banking Latest News

NCC Confirms N165bn Fine Payment By MTN

The Nigerian Communications Commission, the nation’s telecoms industry regulator, has confirmed the payment of N165 billion by the MTN, Nigeria’s largest telecoms operator by subscriber base. The payment is part of the N330 billion fine imposed on the telco in August 2015 following its failure to disconnect SIM cards not properly registered. The Nigerian authorities […]

Economy News Extra Latest News

Petroleum, Finance Ministries To Parley Over Tax Exemption for Imported LPG

The Ministry of Petroleum Resources has unveiled plans by it and the Ministry of Finance to meet over the continued exemption of imported Liquefied Petroleum Gas (LPG), or cooking gas, from Value Added Tax (VAT) payment. Giving the hint during his interaction with journalists at a stakeholders’ meeting in Abuja, Brenda Ataga, a Senior Special […]

Latest News Picture Speaks

During The First Quarterly Draw Of The Diamondxtra Rewarding Scheme Held At Iyana-Ipaja, Lagos Recently.

L – R : Atanda Rasak, Past Winner, DiamondXtra Rewarding Scheme Season 9; Kenneth Ukanwa, Manager, Technology Advisory, KPMG; Tukur Karimot, Head, Consumer Banking; Osita Ede, Head, Mass Market; Adaeze Ume, Head, Youth Segment, Consumer Banking, all of Diamond Bank Plc during the first Quarterly Draw of the DiamondXtra rewarding scheme held at Iyana-Ipaja, Lagos […]

Banking Latest News

Diamond Bank Rewards 1016 Customers In Diamondxtra Quarterly Draw

Diamond Bank has rewarded a total of 1,016 customers with over N59 million naira in cash and car prizes in the DiamondXtra season 10 first quarterly draw held in Alagutan, Iyana-Ipaja, Lagos branch. Speaking at the event, the bank’s Head, Consumer Banking Karimot Tukur, said that DiamondXtra was an avenue through which the bank continued […]

Latest News Picture Speaks

At The Flag-Off The Lagos & South West Directorate Digital Banking Campaign Held At The Bank’s Head Office In Lagos On Monday

L-R: The Regional Bank Head (RBH), Ifeanyi Nwosu; RBH, Yaba-Surulere, Chetachi Ezenagu; RBH, Ikeja, Ken Opara; RBH, Victoria Island, Chinwe Iloghalu; RBH, Agege-Ikorodu, Lazarus Okolie; RBH, Festac, Paschal Nzeribe, all of Fidelity Bank Plc at the flag-off the Lagos & South West Directorate Digital Banking Campaign held at the Bank’s head office in Lagos on […]

Banking Latest News

Fidelity Bank Flags Off Digital Banking Awareness Campaign

Fidelity Bank Plc on Monday flagged off a Digital Banking Awareness Campaign Week, as part of its concerted efforts to make financial services easy and accessible to its customers. Organised by the bank’s South-West Directorate, the week-long campaign aptly dubbed “Go Digital” seeks to create awareness on its electronic banking products and services. Speaking at […]

Banking Latest News

Heritage Bank Restates Commitment To Sustainable Growth, Profitability

Heritage Bank Plc, one of Nigeria’s innovative banking services provider, has restated its commitment to sustainable growth and profitability despite the prevailing adverse macro-economic environment in the country. The bank’s Divisional Head, Corporate Communications, Mr. Fela Ibidapo, in a statement issued at the weekend restated the bank’s “ambition to emerge as a systemic important bank […]

Economy News Extra Latest News

NERC Sets Deadline For DisCos To End Metering Contracts

The Nigerian Electricity Regulatory Commission, NERC, has set December 31 deadline for electricity Distribution Companies (DisCos) to close existing metering contracts and align with the newly released Meter Asset Provider, MAP, regulation. The power sector regulatory commission stated, however, that the MAP regulations would not over-ride existing metering contracts. However, the commission clarified that existing […]