Banking and Finance News & Reports Technology Telecom

WorldRemit Launches Mobile App for Tracking Money Remittances

WorldRemit has launched The WorldRemit Transfer Tracker mobile App for recipients of money transfers which allows them to track their remittances. The WorldRemit Transfer Tracker App is now available through the Google app store in Nigeria, India, Mexico and Colombia. It will also be free to download through the app store in 90 countries in …read more →

Banking and Finance News & Reports

SEC Begins Regulation of Crypto currency Operations in Nigeria … issues Guidelines

Securities and Exchange Commission (SEC) has considered crypto currencies as digital assets and will, therefore, make it acceptable and put it under its strict regulations. Securities and Exchange Commission (SEC) has considered crypto currencies as digital assets and will, therefore, make it acceptable and put it under its strict regulations. In a document released on …read more →

Infrastructure News & Reports Telecom

Cybersafe Foundation to Help Fortify SMEs against Cyber-attacks

CyberSafe Foundation, one of Nigeria’s foremost non-governmental organizations in the information security domain, has unveiled plans to equip digitally vulnerable groups and 1500 SMEs with the knowledge and skills required to identify, protect, detect, defend and respond to COVID-19 instigated cyber threats, enabling a safe digital community. CyberSafe Foundation which is on a mission to …read more →

Infrastructure News & Reports Telecom

NCC Targets 120,000km Fibre Deployment

Nigerian Communications Commission (NCC) will be facilitating the deployment of 120,000 kilometres of fibre in the next five years, according to Prof. Umar Danbatta, the Executive Vice Chairman of the Commission. This would be achieved through the implementation of the National Broadband Plan (NBP 2020-2025). Disclosing this in Abuja, Professor Danbatta said that the NCC …read more →

Banking and Finance Infrastructure Financing News & Reports Photo News Roads Urban Renewal

Access Bank Commissions Oniru Road Project in Partnership with Lagos State Government

As part of efforts to ensure a hitch-free movement around the Victoria Island – Lekki Axis, Access Bank PLC on Thursday, 24 September, commissioned its Oniru road project with the Executive Governor of Lagos State, Babajide Sanwo-Olu, in attendance. Having moved its corporate Head Office from Danmole Street, Victoria island to Oniru, Access Bank undertook …read more →

AFRICAReports Health News & Reports

Afreximbank, ITFC Partner to Create Standards Ahead of AfCFTA

The African Export-Import Bank (Afreximbank) and the International Islamic Trade Finance Corporation (ITFC) have said that they have partnered with the African Organisation for Standardisation (ARSO) to launch a new Arab-Africa Trade Bridges Program (AATB) initiative called the Harmonisation of Standards for Pharmaceutical and Medical Devices in Africa. The partnership is expected to promote the …read more →

Agriculture Banking and Finance News & Reports

CBN Nudges Banks to Increase Loans to Agricultural Sector

The Central Bank of Nigeria (CBN) has said that the best way to boost food production in the country is for banks to increase lending to the agricultural sector to 10% within the next four years. According to the Governor of the Bank, Godwin Emefiele, who spoke at the 13 banking conference in Abuja organized …read more →

AFRICAReports Banking and Finance News & Reports

IMF Approves Over $15 Bn for Africa’s Recovery …says continent needs more + reforms

The IMF has approved more than $15 billion in financial assistance and debt-service relief to sub-Saharan African countries to offset the impact of the pandemic and “certainly will be doing more in the years ahead. The International Monetary Fund (IMF) has said that Sub-Saharan Africa will need hundreds of billions of dollars and reforms that …read more →

Infrastructure Railway

Lagos-Ibadan Standard Gauge Rail Ready by December

The Lagos-Ibadan Standard Guage Rail line should be ready by December, considering the progress of works on the construction of rail stations by the contractor. Rotimi Amaechi, Minister of Transportation has said. Amaechi gave the assurance while briefing newsmen in Ibadan, Oyo State capital, at the end of his monthly routine inspection tour of the …read more →

Banking and Finance News & Reports

Taraba State Governor’s Wife Commends Fidelity Bank on Free Medical Outreach

Wife of Taraba State Governor, Anna Darius Ishaku has commended Fidelity Bank Plc for providing a three-day free medical outreach to 829 Internally Displaced Persons (IDPs) in Kona community, Jalingo Taraba State, as part of its Corporate Social Responsibility (CSR) initiatives. The Hope Afresh Foundation organised the outreach in collaboration with employees of the bank …read more →