CBN , NIBSS SET TO TRANSFORM THE AFRICAN PAYMENT ECOSYSTEM WITH THE BRAND UNVEIL OF DOMESTIC CARD SCHEME The Central Bank of Nigeria announced in 2022 that it will be launching a National Domestic Card Scheme in conjunction with the Nigeria Inter Bank Settlement Systems (NIBSS) Plc, the Bankers Committee and other financial ecosystem stakeholders. The new Domestic Card Scheme is a robust in-country Scheme tailored to address the specific requirements of Nigeria’s payment industry and provide innovative offerings tailored to the Nigerian ma…
Over 50 Million Naira Up for Grabs in the Upcoming Union Bank Save & Win Palli Promo Finale and UnionKorrect Draws Lagos, Nigeria - Following a six-month successful run, the second edition of Union Bank’s Save & Win Palli Promo is finally coming to an exciting conclusion. The grand finale event, which is set to hold on January 27th, 2023, at the bank’s Head Office in Marina, Lagos, will reward over 300 lucky customers with cash prizes worth over 40 million naira and other exciting consolation prizes. In addition, one lucky customer …
Buhari Appoints Ex-IGP Arase Police Service Commission Chairman Former IGP, Solomon Arase President Muhammadu Buhari has appointed Solomon Arase, a former Inspector-General of Police (IGP), as the Chairman of the Police Service Commission (PSC). The appointment is subject to the confirmation of the senate. In a letter at plenary on Tuesday, Senate President Ahmad Lawan based his request on Sections 153 (1) and 154 (1) of the constitution as amended. If confirmed, Arase will succeed Musiliu Smith, also a former IGP. Smith resigned und…
BREAKING: CBN refuses to extend deadline for old naira notes The Central Bank of Nigeria (CBN) has foreclosed the possibility of extending or shifting the deadline on the deposit of the old naira notes. CBN Governor Godwin Emefiele apologised to Nigerians for not extending the deadline but stated that 100 days from when the announcement was made to the expiration date was enough for Nigerians to deposit their old notes. He assured Nigerians that the ongoing sensitisation will continue after the 31st of January, 2023 deadline. The apex bank sai…
Youths beat mentally-ill man for destroying 4 ATM machines in Ondo A mentally derailed man was beaten up by angry youths in Ore Area, Odigbo Council Area of Ondo State, for allegedly destroying four Automated Teller Machines and ATMs in an old generational bank. It was gathered that victims, around 7 pm on Monday, stormed the banks and destroyed them one after the other. Eyewitness account said ” the whole incident looked funny, the madman, just went to the banks, one after the other and destroyed them. " The banks were located close to e…
Union Bank Reiterates Support for Small Businesses at BusinessDay Top 100 SME Conference From L-R Linda Ochugba, Digital Sales Manager, BusinessDay Media; Ayokunnumi Abraham, Head, Small & Medium-sized Enterprises (SME) Products & Segments Union Bank; Frank Aigbogun, Publisher/CEO, BusinessDay Media; Olufunmilola Aluko, Head, Corporate Communication & Marketing, Union Bank; and Chima Nwaubani, Brand Manager, Union Bank at the BusinessDay Top 100 Fastest Growing SMEs Conference recently held in Lagos, Nigeria., Nigeria – Leading …
Shobanjo, Ahmad, Awosika, Babaeko, Others Stimulate Conversation at AT3 Resources’ One-Week Digital Marketing Bootcamp for SMEs L-R: Dr. Biodun Shobanjo, Chairman Troyka group; Tosin Adefeko MD, AT3 Resources and Ugochukwu Obi-Chukwu, Founder, Nairametrics at the AT3 Resources Digital Marketing Bootcamp for SMEs organised by AT3 Resources to celebrate her 5th year Anniversary in Lagos, Nigeria. Lagos, Nigeria – 23th January 2023: AT3 Resources, Lagos-based communication and events consultancy on Friday 20th, January concluded its week-l…
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