The Federal Government has signed a partnership deal with the United Nations Development Program (UNDP) to begin internship payment to 3,000 fellows of the 3 Million Technical Training (3MTT) programme. The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, who gave this hint on Tuesday, said that the first cohort of the programme […]
E-Payment Tech & Solutions
AfDB To Disburse $618Mn To Nigeria’s Digital, Creative Enterprises
The African Development Bank (AfDB) has finalised arrangements to disburse about $618 million to Nigeria under the Investment in Digital and Creative Enterprise (i-DICE), programme. AfDB’s Country Director-General for Nigeria, Lamin Barrow, who gave this hint on Sunday in Morocco, confirmed that the Federal Government had initiated the process of recruiting a fund manager for […]
NCC Harps On ICT Roles In Combating Financial Crimes
The Nigerian Communications Commission (NCC) has said that effective application of Information and Communication Technology (ICT) is crucial to combating financial crimes by enabling real-time surveillance, regulatory compliance, and secure data processing, just as it sought a multidisciplinary and multi-stakeholder collaboration to address issue of illicit financial flows in the country. The commission’s, Executive Vice […]
Analysts Forecast Profit-Taking Sentiment In Equities Market
Researchers at Bancorp Securities Limited, one of Nigeria’s investment research and consulting services providers, have projected mild profit taking activities on the Nigerian Exchange this week as price correction, sentiment ceilings and a promulgation of risk averseness would possibly define the overall market sentiments. The experts, in the firm’s ‘Weekly Stock Recommendation for Nov 6 […]
FG To Unveil Equipment Leasing Registration Authority Tomorrow
The Federal Government will tomorrow unveil the Equipment Leasing Registration Authority (ELRA) as part of its current reform initiatives aimed at improving the performance of the nation’s economy. The authority’s Executive Chairman, Engr. Saidu Njidda, stated that the unveiling ceremony to be performed by Minister of Finance and Coordinating Minister of the Economy, Mr. Wale […]
TAJBank Wins BusinessDay’s ‘Islamic Bank of The Year’ Award For 3rd Time
…..As Newspaper Justifies Award On Lender’s Impressive Financials, Others TAJBank Limited, Nigeria’s fastest-growing and most customer-friendly non-interest lender, has again won the BusinessDay newspaper’s 2023 ‘Islamic Bank of the Year Award, beating other contenders in the selection process for the prestigious award for the third consecutive year. Presenting the award to the Bank’s management, represented […]
Layer3, IXPN Partner To Enhance Digital Services In Abuja, Kano
Leading cloud and network technology solutions provider, Layer3, has announced its partnership with the Internet eXchange Point of Nigeria (IXPN) to improve digital services in Abuja and Kano by providing improved access to Netflix and other online entertainment services. The partnership aligns with the increasing demand for high-quality streaming services and the essential need for […]
CBN Assures Public Of Sufficient Naira Notes In Circulation
The Central Bank of Nigeria (CBN) on Thursday assured the public of adequate Naira notes in circulation, debunking the rumour on scarcity of the local currency being peddled in the social and other media platforms. The apex bank’s Director, Corporate Communications, Dr. Isa AbdulMumin, in a statement stated that the attention of the management had […]
US’ SEC Issues Subpoena To PayPal Over PYUSD Stablecoin
The United States’ (US’) Securities and Exchange Commission (SEC) has issued a subpoena to PayPal concerning its stablecoin, PYUSD, as part of a crackdown on crypto. A subpoena is a legal order that requires a person or an entity to appear in the court, testify, or submit certain documentation needed for proceedings A news report […]
FinTech Critical For Deepening Financial Inclusion Drive In Nigeria – Maida
The Executive Vice Chairman and Chief Executive officer (EVC/CEO) of the Nigeria Communications Commission (NCC), Dr. Aminu Maida, has described the Financial Technology (FinTech) industry as a critical driver of financial inclusion of Nigerian citizens living in the underserved and un-served communities across the country. Maida made this remark in his keynote address at the […]