Bank of Ghana Suspends Forex Licence of Fidelity Bank Ghana

By Adedapo Adesanya Nigerian bank, Union Bank, alongside energy company, Riverside LNG of Nigeria, have signed different agreements that involve a $500 million renewable energy pact and gas export between Nigerian and German entities. Union Bank and DWS Group signed a pact on cooperation in renewable energy while Riverside LNG of Nigeria and Johannes Schuetze Energy Import AG of Germany on the gas export partnership. President Bola Tinubu witnessed the signing of the two Memoranda of Understanding (MoU) in Berlin, Germany, at the 10th German-Nigerian Business Forum, according to Mr Ajuri Ngelale, the President’s Special Adviser on Media and Publicity.

By Modupe Gbadeyanka A total of N7 million has been won by 70 customers of Stanbic IBTC Bank Limited in season three of the lender’s Reward4Saving promo. The winners were given N100,000 each in the October draw held recently, with their corresponding cheques presented to them on Friday, November 10, 2023, at the headquarters of the company in Lagos. The third season of the promo started in September 2023 and 140 people have been rewarded so far with N100,000 each. There are 10 draws left until the end of season three and 700 new and existing customers from our seven

By Adedapo Adesanya The Economic and Financial Crimes Commission (EFCC) has alerted Nigerians of unauthorised bank withdrawals linked to Automated Teller Machine (ATM) card swap fraud. The commission issued the alert on Monday in a statement by the Head of Media and Publicity, Mr Dele Oyewale. According to the EFCC, fraudsters engaged in this activity typically keep a debit card from the same bank and, under the guise of assisting a confused bank customer at an ATM point, swiftly swap the card while memorising the PIN used with fake cards. “These cards get stuck in the machine due to a

By Modupe Gbadeyanka The Head of Partnerships at Stanbic IBTC Bank Limited, Ms Omolara Osunsoko, has posited that any economy that intends to flourish must do everything possible to support business owners, especially those in the Small and Medium Enterprises (SMEs) sector. The banker said this at a webinar organised to inform participants of a seamless payment experience for business owners through the enhanced Enterprise Online (EOL) payment platform. At the event themed Simplifying Payments for Businesses, the company unveiled EOL 2.0, an upgraded solution created to facilitate a smooth payment experience and improve human resources (HR) services for business

What should be a website to promote business? This is probably the main question that worries every client. After all, a website is often not only a company’s business card on the Internet but also an effective marketing channel. And in order for your website to be really successful, you need to clearly understand what goals you are pursuing when creating it and what tasks it should solve. Let’s look at the successful example of the 22Bet website to see what things are important to customers. So, the site is designed in turquoise and blue colours, and the important information

By Dipo Olowookere One of the top lenders in Nigeria, Guaranty Trust Bank (GTBank) Plc, has announced that it would close earlier than its usual time on Friday, December 29, 2017. In a notice to its customers, the financial institution, which normally closes for transactions by 5pm, stated that it would close at its Lagos branches by 3pm today and 2pm at other branches out Lagos State. “Dear customer, Season’s greetings and Happy New Year in Advance. “Please be informed that on Friday, December 29, 2017, our branches in Lagos will close at 3pm and our branches outside Lagos will

By Modupe Gbadeyanka Mavins Record’s singer, Ayra Starr, has emerged as the most streamed female artist in Nigeria this year on the popular music streaming platform, Spotify. In its 2022 Spotify Wrapped, the platform said the singer beat respected acts like Tems, Rihanna, Asa, Beyonce and others to clinch the top spot. But overall, Grammy award winner, Burna Boy, claimed the top position, closely followed by Asake and Wizkid. The Spotify listing is always anticipated because it gives an overview of what people listened to on the platform in the year under consideration. This year’s data paints a picture of

By Modupe Gbadeyanka The second edition of the GTBank Food & Drink Fair has been scheduled to hold on Sunday, April 30, and Monday, May 1, 2017, in Lagos. At the 2-day event, food lovers from across the world would be treated to unparalleled culinary experience from a wide variety of exciting cuisines and delicacies while offering small businesses in the Nigerian food industry a free and vibrant platform to connect with a wider segment of their target markets as well as experts in their business fields. The GTBank Food and Drink Fair was created by foremost GTBank as part

By Modupe Gbadeyanka A non-governmental organisation established by a serial entrepreneur, Dr Ope Banwo, Naija Lives Matter (NLM), is refocusing its priorities in line with its new vision. In a statement on Tuesday, the US-based Nigerian said NLM intends to move beyond politics to focus on transforming the lives of Nigerians. “Since 2011, the NLM organisation has consistently de-emphasised its partisan support for any specific candidate after the elections and campaigns, enabling it to concentrate on its global mandate of making Naija Lives Matter to all Nigerians, irrespective of their political affiliations. “When Naija Lives Matter endorsed Peter Obi as

By Dipo Olowookere Twenty-nine loyal customers of Sterling Bank have been made millionaires through the on-going Sterling Bank Savers Reward Scheme. They were rewarded having maintained a monthly balance of N25,000 in their savings accounts and selected via an electronic raffle draw system held in Lagos last weekend. The scheme, launched in March this year, also rewarded four non-individual customers with Sterling Plus accounts with N250,000 each. Furthermore, 40 customers with a weekly balance of N10,000 in their accounts were given N50,000 each. Chief Marketing Officer of Sterling Bank, Mr Henry Bassey, explained that the bank decided to reward the

By Adedapo Adesanya The Kano State Government, through its COVID-19 taskforce technical committee, has introduced a home-based care program to reach people in remote areas as part of efforts to curtail the spread of the pandemic. This was made known in a statement from the state Primary Health Care Management Board and signed by its Information Officer, Mr Maikudi Marafa, on Saturday. According to the state Commissioner of Health, Dr Aminu Tsanyawa, who launched the program on Saturday, efforts have been made to curtail the second wave of the pandemic. The Commissioner stressed that health personnel had been trained and

By Ashemiriogwa Emmanuel The Police Command in Ogun State has warned that both private and commercial motorcyclists, popularly known as Okada riders, who fail to register their motorcycles with the state government will have their motorcycle impounded. The Police Public Relations Officer (PPRO) of the command, Mr Abimbola Oyeyemi, who gave the warning in Abeokuta, the state capital, said that the deadline for registration is on or before Friday, October 1. This is coming few months after the state government had informed the leadership of all Okada riders unions of its determination to enforce the registration of all riders. Mr