Telecommunications giant, Globacom says its MoneyMaster PSB aims at enhancing Nigeria’s financial inclusion drive as it announced the launch of the payment service bank recently in Lagos. MoneyMaster obtained a payment service bank license from the Central Bank of Nigeria (CBN) in 2020. The company explained in a press release that the service would facilitate payment and remittance services within Nigeria, accept deposits from individuals and small businesses, issue debit, and prepaid cards, operate electronic wallets, inbound remittances, and carry out other services in line with CBN regulations. Recent data released by the Nigeria Inter-Bank Settlement System (NIBSS) revealed that…
Author: DigitalTimesNG
(Concluding part) By Elonna AGUH, KSM Since 2014 PenCom has made several unprecedented positive giant strides, with quantum achievements recorded by its current administration under the leadership and chairmanship of Dr. Oyindasola Oluremi Oni and his lieutenants. Her path of growth has been a progressive one in a bid to capture as many people of pensionable age into the pension plan, especially the informal sector that is being captured through the Micro Pension Plan (MPP). Most recently, PenCom took the initiative to allow RSA holders to access mortgage facilities. In a statement, PenCom informed all stakeholders and the general public,…
Business subject matter experts are warming up for the 2022 Africa Tech Alliance Forum (AfriTECH 2.0) scheduled to hold on Wednesday, November 09, 2022, at Oriental Hotel, Lagos at 9:00 am (WAT). Mr. Chike Onwuegbuchi, the co-Convener of AfriTECH, said that the high-profile speakers who will be unveiled soon will delve into the nitty-gritty of ‘Sustainability and the Company of the Future’, as many businesses are still responding to changes in the business environment brought on by the COVID-19 pandemic. Reserve a space here: https://registration.africatechallianceforum.africa/ According to him, the global crisis introduced the necessity to innovate, forcing many to rethink…
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its commemoration of the 2022 edition of the Customer Service Week scheduled to be globally celebrated on 3 – 7 October 2022. The event themed: “Celebrating Service” will be marked across its FBNBank subsidiaries in over half a dozen countries which include FBNBank UK, FBNBank Ghana, FBNBank Senegal, FBNBank Gambia, FBNBank Guinea, FBNBank DRC and FBNBank Sierra Leone. Customer Service Week is an international celebration that highlights the importance of customer service and staff who serve and support customers daily to deliver exceptional service to…
The order was communicated via a letter dated 6th June from the office of the Attorney General of the Federation, Abubakar Malami to the Inspector General of Police, Usman Baba and communicated to the courts by the IGP on 26th September 2022.
By E. EZUKA I have followed with interest the case of what appears to be attempted blackmail by your client, Mr. Benjamin Joseph of Citadel Oracle Concepts Limited, an Ibadan-based ICT retail firm against the Zinox Chairman, Mr. Leo Stan Ekeh, his wife, TD Africa and staff and Access Bank Plc. for some time now as a disinterested observer. However, I was recently moved to take an interest in the case after a lawyer friend of mine went to great lengths to verify the facts on the ground from the respective authorities. Now, I am moved to comment following what…
– Pantami, Danbatta, NGF, Operators, Others to Lead Dialogue
As inflation, shipping costs and supply chain disruptions challenged businesses across Africa in 2022, media executive and digital sales strategist Linda Ochugbua urged women entrepreneurs to rethink growth by building digital products instead of relying solely on physical goods. Speaking during the 7th Leading & Emerging Women Conference (East African Edition) at the Kigali Convention Centre, Ochugbua delivered a masterclass titled “Creating Digital Products: Bypassing Borders for Pan-African Scale”, encouraging founders to transform their expertise into scalable digital businesses. “The greatest limitation to the growth of an African businesswoman right now isn’t her talent or her drive; it is the…
The Nigeria Innovation Summit (NIS) 2022, the hybrid edition, scheduled for Tuesday, October 4 to Saturday, October 8 2022, has received the support of critical industry stakeholders. Nigeria Innovation Summit in its 7th year is an annual event that brings together stakeholders from different sectors of Nigeria’s economy, governments, investors, policymakers, and players in the tech and innovation ecosystem to discuss ground-breaking ideas, trends and opportunities to innovate solutions that solve unique challenges within Nigeria, and the African continent at large. Through previous editions in the past seven years, the Nigeria Innovation Summit (NIS) has attracted over 7,000 delegates, 140…
The Nigerian Communications Commission (NCC) and the National Lottery Regulatory Commission (NLRC) on Thursday in Abuja set up a committee to work toward the protection of the interest of telecom consumers against malpractices that may attend mobile lotteries in the country. The Committee, which was inaugurated at the NCC Head Office in Abuja, was tasked with the responsibility of articulating measures to address mutual regulatory issues, including the review of the revenue-sharing formula between Mobile Network Operators (MNOs) and lottery operators. The NCC’s Executive Commissioner, Stakeholder Management (ECSM), Barrister Adeleke Adewolu, who presided at the meeting comprising senior staff of…