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MTN URGES INTEGRATED APPROACH TO NIN ENROLMENT IN NIGERIA

MTN Nigeria emphasizes the importance of an integrated approach to National Identification Number (NIN) enrolment in Nigeria. The telecommunications company highlights that NIN is required by all Nigerians to register for social payment, access financial services, and use telecommunication services. MTN Nigeria announces that as one of the FEPs (Frontline Enrolment Partners), it has established […]

MONIEPOINT MONTHLY TRANSACTIONS HIT $12BN

Fintech company, Moniepoint Inc. says it now processes transactions valued at $12 billion every month as more businesses in Nigeria embrace digital payment. The company’s acting managing director, Babatunde Olofin, who disclosed this on Thursday during a chat with journalists in Lagos, attributed the success to the cash scarcity incidence that occurred early this year, […]

CWAY UNVEILS ENERGY DRINK

Foremost FMCG giant, CWAY Food & Beverages Nigeria Company Limited has launched its latest product, Boxi Energy Drink, a non-caffeinated and non-carbonated energy drink. The Managing Director of CWAY Food and Beverages, Arun Bhintade, who spoke at the launch of the product in Lagos recently, said the energy drink underscored the company’s unwavering commitment to […]

DANGOTE EMERGES ‘MOST VALUABLE BRAND’ FOR 6TH TIME

For a record sixth time, Dangote Group has emerged Nigeria’s Most Valuable Brand by securing an impressive aggregate score of 86.2 per cent on the brand strength measurement index (BSM) conducted by Top 50 Brands Nigeria as part of its comprehensive 2023 top brands perception assessment. At the media briefing to announce the 2023 Top […]

CBN LAUNCHES NEW FX PRICE VERIFICATION SYYSTEM PORTAL FOR IMPORTERS

The Central Bank of Nigeria has introduced a foreign exchange price verification system designed for importers to have access to forex. The apex bank in a statement from its Trade and Exchange Department on Thursday night, said a price verification report from the portal is now mandatory for all Form M requests while it takes […]

MTN TO SELL MINORITY STAKE IN $5.2 BILLION FINTECH UNIT TO MASTERCARD

MTN Group Ltd said MasterCard Inc. agreed to take a minority stake in its financial-technology business, which the company values at $5.2 billion. The memorandum of understanding with MasterCard values the fintech unit at $5.2 billion, MTN said in a statement on its first half results on Monday. According to MTN Group president and CEO […]

FCMB OFFERS N10M CLEAN ENERGY LOAN TO HOUSEHOLDS, SMALL BUSINESSES

Nigerian households and small businesses looking to acquire solar panels, batteries, inverters, and other green energy equipment now have access to as much as N10 million to buy these assets through the First City Monument Bank (FCMB) Energy Finance Loan. The loan is designed to help homes and small businesses like hospitals, schools, restaurants, bars, […]

WEMA BANK PARTNERS COREN TO PROMOTE INDUSTRIAL TECH

Wema Bank has partnered the Council for the Regulation of Engineering in Nigeria (COREN) to promote technology and sustainable industrial growth, to achieve Sustainable Development Goal (SDG) number 9: Industry, Innovation and Infrastructure. Speaking at the 31st Engineering Assembly in Abuja sponsored by Wema Bank, the financial institution’s managing director, Moruf Oseni, who was represented […]

ZENITH BANK SIGNS PACT WITH AFCFTA TO BUILD $1M SMART PORTAL FOR AFRICA

Zenith Bank has signed a Memorandum of Understanding (MoU) with the African Continental Free Trade Area (AfCFTA) to develop a state of the art platform known as the SMARTAfCFTA. The MoU was signed at the eighth edition of Zenith Bank International Trade Seminar in Lagos on Tuesday. SMARTAfCFTA is a single portal for trade information […]

WHATSAPP INTRODUCES SCREEN SHARING DURING VIDEO CALLS

WhatsApp, Meta’s instant messaging platform has introduced a new addition to its WhatsApp offerings that will allow users to share their screens in real time during conversations. Mark Zuckerberg, Meta’s CEO announced this through a Facebook post and on his Instagram channel. With this feature, users can now share presentations or documents during live video […]

GOLDEN PENNY SEMOVITA: MY SOUP’S FIRST CHOICE

Every Nigerian culture enjoys soup as a staple dish. In addition to being tasty, Nigerian soups are healthy and nutrient-rich. Making a decision about how to eat soups might be challenging given the variety of soups available. However, Golden Penny Semovita is the top option for you if you’re seeking a filling and delectable method […]

LIRS TO HOST TAX SUMMIT

The Lagos State Internal Revenue Service has announced it will hold a summit with stakeholders in the revenue collection system in the local governments on Tuesday. A statement issued by the Lead Consultant of Korki &Associates, Kehinde Bamigbetan, noted that the event built on the achievements of the seminar, on professionalising the revenue functions in […]