A surge in fraudulent activities across banking platforms in Nigeria led to a loss of N42.6 billion by Nigerian banks in three months between April and June this year. This…
Read More Nigerian banks lose N42.6 billion to fraud in Q2 2024, surpassing full-year 2023 record – ReportCategory: Business
NNPC requests permanent presence at Dangote Refinery as part of crude deal
The Nigerian National Petroleum Corporation (NNPC) has requested a permanent presence at the Dangote Refinery as part of their ongoing crude supply deal. Devakumar V.G. Edwin, Vice President (Oil &…
Read More NNPC requests permanent presence at Dangote Refinery as part of crude dealUBA Foundation Leads Africa’s Green Revolution with 2024 Tree Planting Initiative, Pledges One Million Trees in one Year
UBA Foundation, the Corporate Social Responsibility arm of United Bank for Africa (UBA) Plc, is positioning itself at the forefront of Africa’s green revolution, advocating for climate action and a…
Read More UBA Foundation Leads Africa’s Green Revolution with 2024 Tree Planting Initiative, Pledges One Million Trees in one YearCBN issues 30-day deadline to Service Providers to comply with enhanced guidelines on PoS transactions
The Central Bank of Nigeria [CBN] on Wednesday released a new directive to Payment Service Providers [PSPs), requiring them to comply with enhanced routing guidelines for Point of Sale [PoS]…
Read More CBN issues 30-day deadline to Service Providers to comply with enhanced guidelines on PoS transactionsNNPC working to clear petrol backlog – Soneye
The Nigerian National Petroleum Company Limited [NNPC Ltd], on Thursday confirmed that its purchasing portal would be reopened as soon as the backlog of orders for petrol was cleared. Marketers…
Read More NNPC working to clear petrol backlog – Soneye
