Work of the Committee, a major step towards the realization of 5G services in Nigeria — NCC By Eyo Nsima The Executive Vice Chairman (EVC) and Chief Executive Officer (CEO) of NCC, Prof. Umar Garba Danbatta, has stressed that the work of the 18-member committee to develop the Information Memorandum (IM) for the auction of […]
By Eyo Nsima The Securities and Exchange Commission (SEC) has approved NG Clearing Limited (NG Clearing) registration to perform the function of a Central Counterparty (CCP) from June 7, 2021. Speaking on the issuance of the license, the Chairman of NG Clearing, Mr. Oscar Onyema, said: “NG Clearing will deliver an unparalleled CCP experience for
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Heirs Holdings steps into the insurance market By OUR CORRESPONDENT The Heirs Holdings (HH) has launched its entrance into the insurance market with two institutions, Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA). According to the group, it will bring a dynamic, digitally-driven offering to the general and life insurance sectors, providing clients with
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How CBN intervenes in textile, halt $4bn annual forex flight – CBN By Eyo Nsima The Central Bank of Nigeria, CBN, has intervened in the Cotton, Textile, and Garment (CTG) industry in order to eliminate the nation’s yearly import bill of $4 billion in the sector. Speaking at the stakeholder meeting of the CTG
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Mrs. Caroline Anyanwu becomes UBA’s Board member By Eyo Nsima United Bank for Africa, UBA, the leading pan-African financial services institution, has appointed Mrs. Caroline Anyanwu into its Board with effect from May 19, 2021. According to UBA, Anyanwu holds a first-class degree in Statistics from the University of Ilorin and has worked extensively
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2021: FirstBank shines in Global Banking/Finance Awards First Bank of Nigeria, has won the 2021 ‘Retail Banking CEO of the Year Nigeria’; ‘Most innovative Retail Banking App Nigeria’ and ‘’Best CSR Bank Nigeria’’, according to Dr. Adesola Adeduntan, Chief Executive Officer, FirstBank. In a statement obtained by The Daily, www.thedaily-ng.com, he stated: ‘’We are proud to be recognised with
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The United Bank for Africa (UBA) Plc, is set to celebrate this year’s Africa Day in commemoration of African unity with the third edition of its annual UBA Africa Conversations, headlined by Africa’s international leaders that include the President of Rwanda, H.E Mr Paul Kagame; Mrs Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation(WTO); Dr
AFRICA: Tony Elumelu, other leaders meet for UBA Africa conversations By Eyo Nsima The Group Chairman of United Bank for Africa (UBA) Plc, Mr. Tony Elemelu, and other African global leaders have concluded plans to celebrate this year’s Africa Day in commemoration of African unity at the third edition of the annual UBA Africa
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Polaris Bank launches digital bank, VULTe By Eyo Nsima Polaris Bank has launched its digital banking platform, VULTe in Lagos, Nigeria.Speaking at the event, Chairman of the Bank, M.K Ahmad, said that the corporate goal of Polaris is to offer customers and non-customers of the Bank, a 24-hour seamless service which led to the
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By Eyo Nsima THE Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has said that the bank’s targeted interventions in the agricultural sector are not in favour of a certain section of the country as claimed by some critics. Speaking at the unveiling of the 2020 wet season harvest aggregation and flag-off of
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