Nigeria’s Vice President, Prof. Yemi Osinbajo, has stressed the need for banks to invest in housing and electricity projects, noting in particular that the housing sector is a mainstay of unemployment reduction and output growth. Osinbajo, however, regretted that the banks were not doing enough in supporting the federal government’s efforts in the areas of housing and electricity as a result of poor funding. The Vice President spoke on Tuesday as a distinguished guest of honour at the 14th Annual Banking & Finance Conference themed: “Economic Recovery Inclusion And Transformation: The Role of Banking & Finance” and organised by the…
Author: Gbenga OWOYEMI
Managing Director of OPay, Iniabasi Akpan, has assured customers of the Fintech firm of excellent service as trusted financial partners. Akpan, in a statement, addressing the complaints received from some customers on unauthorised debits on their accounts, said the management has attended to the complaints with the highest priority. “We have formally received complaints from some of our customers, who might have recently exposed their personal or confidential information, unsuspectingly to fraudsters. The customers, rightfully aggrieved, visited our head office to speak with the customer support team. “Our management team has addressed these aggrieved customers, and we assure them we…
Plentywaka, a Nigerian mobility startup has raised a $1.2 million seed round, after successfully ending the Techstars Toronto Accelerator Program in July 2021. The startup also announced it has fully acquired Ghana’s mobility startup Stabus, a step it said would further Plentywaka’s ambition of building the largest shared mobility platform on the African continent, starting with West Africa. Stabus was launched in 2019 by its Co-founder, Isidore Kpotufe who shared that the startup has moved over 100,000 people within Accra, the capital city of Ghana. Their services include daily bus-stop to bus-stop transportation as well as providing staff bus solutions…
As part of its continued commitment to educate and protect customers from e-banking fraud, Africa’s largest retail bank, Access Bank Plc, has launched an awareness campaign aimed at sensitizing customers on measures they can take to protect themselves. The campaign, themed ‘Banks Don’t Ask’, focuses on three key activities that account for most fraud incidents in Nigeria, namely: phishing, SIM card fraud, ATM and POS fraud. “From all indications, the rates of phishing, SIM card fraud, ATM fraud and POS fraud in the country have tripled in the past few years. “Also, the sophistication with which these activities are carried…
Multinational technology company, Vivo Communication Technology Co. Ltd. has partnered with TD Africa, Sub-Saharan Africa’s leading tech, lifestyle and solutions distributor, to position its range of fault-proof smartphones for the Nigerian market. As part of the collaboration agreement inked by both companies, TD Africa will distribute Vivo’s range of cutting-edge devices to its growing network of partners across Nigeria and beyond. Vivo smartphone comes in different models and colours but a major differentiating factor for the Vivo brand of smartphones is their durability and capability to withstand pressure significantly better than other smartphone brands. Business Manager, Vivo at TD Africa,…
Sokoloan has severally been accused of unauthorized disclosures, failure to protect customers’ personal data and defamation of character of its customers.
The Federal Government has revealed that the suspension of Twitter’s activities in Nigeria will soon be lifted, following an agreement that has been reached in most areas of contention with the microblogging platform. Minister of Information and Culture, Alhaji Lai Mohammed, made the disclosure while briefing newsmen at the end of the Federal Executive Council (FEC) meeting presided over by Vice-President Yemi Osinbajo in Abuja on Wednesday. While providing an update on the government’s negotiation with the microblogging site, the minister gave more details of the conditions given to the platform, saying that most of them have been accepted. He…
It is now mandatory for candidates who want to sit for the West African Examinations Council (WAEC)- organised exams in Nigeria from next year, to have been enrolled for a National Identification Number (NIN) with the National Identification Management Commission (NIMC). WAEC’s head of national office in Nigeria, Mr Patrick Areghan, made the disclosure on Tuesday in Lagos, while addressing newsmen on the organisation’s preparedness towards the forthcoming 2021 schools-based West African Senior School Certificate Examination scheduled to commence across Ghana, Gambia, Sierra Leone, Liberia and Nigeria from August 16. Areghan stated that WAEC Nigeria, as a law-abiding organisation working…
The Lagos State Government in partnership with Chronicles Software Development Company, Tuesday, launched EkoDigitalSchool.com, said to be the largest digital classroom in Africa. Built on Cloud architecture, the borderless school can accommodate 2 to 10million students concurrently and would be data-free to create equal access for all students so that no one is left out. Koyejo Oluwatosin, Co-founder of Chronicles Software Development, said the platform is incorporated with all subjects which are aligned based on the curriculum, (week by week) while it also has various important features like assignments, tests, examinations and reports to ensure continuous uninterrupted learning, particularly at…
African mobility fintech startup provides revenue-based vehicle financing, empowering individuals across Africa to own their own vehicle