Dismissed Mobil Workers Demand N11.4b Benefits

By Aduragbemi Omiyale The Oyo State government has maintained that its decision to register all commercial motorcycle and tricycle riders in the state was to promote public safety and not for any other purpose. The Commissioner for Information and Civic Orientation, Mr Dotun Oyelade, said this during a one-day sensitisation meeting with Okada and Keke riders in Ibadan. He explained that the meeting became necessary following a recent state security council meeting, noting that the exercise will help in the documentation of riders in the state. The Commissioner called for sustained cooperation between motorcycle and tricycle riders and the state

By Adedapo Adesanya  The International Finance Corporation (IFC) has announced a collaboration with Allied Climate Partners (ACP) that will help create a pipeline of viable climate investments in emerging markets including Southeast Asia, Africa, the Caribbean and Central America, and India. ACP’s new platform is backed by philanthropic capital and designed to mobilize investment in climate-related projects in emerging economies to create significant environmental, economic, and social impact. In a statement seen by Business Post, the parties said the collaboration with IFC will provide advisory and structuring support, technical assistance, and sustainability and impact-management support as needed to help bring

By Bliss Okperan The Tincan Island Port (TCIP) Command of the Nigeria Customs Service (NCS) has created a mobile application to automate its bond and license unit, Transire. At the unveiling of the app on Thursday, the Customs Area Controller, Comptroller Dera Nnadi, said the need to automate the Bond and License Unit had become imperative for administrative and procedural ease of doing business in the command. Speaking at a sensitization program on the automation process, Mr Nnadi informed participants that the application was developed by Superintendent of Customs Samuel Bello, to reduce the volumes of documents being deployed in

By Modupe Gbadeyanka It is getting hot for street traders in Oyo State as the state government is clamping down on them in a bid to get rid of illegal trading. A few weeks ago, the state government was at various markets to inform the traders that street trading was now prohibited and a punishable offence according to the environmental laws of the state. A statement by the Director of Press and Public Relations at the Ministry of Information, Culture and Tourism, Mr Rotimi Babalola, said the new development would not be relaxed. He quoted the Permanent Secretary in the

By Modupe Gbadeyanka New data on mobile phone ownership and internet access has shown huge opportunities to drive digital financial inclusion in Nigeria, the Head of Consumer Banking at Ecobank Nigeria, Mrs Olukorede Demola-Adeniyi, has said. According to current statistics, about 84.6 million Nigerians, accounting for 47 per cent of the population, are unbanked, against mobile phone penetration which is up to 94.5 per cent. In order to reduce the number of unbanked Nigerians, who are mostly in rural areas, the Central Bank of Nigeria (CBN) came up with policies to digitise financial services. Mrs Demola-Adeniyi, while speaking on a

Ecobank Nigeria has started the remodelling of its branches across the country. This effort will see the bank turn its existing banking halls into modern smart banking arenas designed to offer a cosy experience to customers and other stakeholders of the bank who visit the branches. Speaking on the branch transformation exercise, Mrs Titi Olarinde, Head, Branch Network, Ecobank Nigeria Limited said it is a deliberate and strategic decision of the bank to ensure that customers transact seamlessly in an environment where they are happy to come to every day whilst providing the best banking experience for them and our

By Modupe Gbadeyanka Mr Oladipupo Jadesimi has been appointed as the new Chairman of FCMB Group. His appointment followed his election for the position at the meeting of the board of directors of the financial firm on Thursday, March 8, 2018. A statement issued by the lender yesterday said Mr Jadesimi holds an Oxford M.A. (Honours) in Law and was a jurisprudence scholar at the University of Oxford. He has run several businesses in the Energy, Finance and Real Estate sectors, and brings on board high level competencies and varied experience. He is the Founder and Chairman of Ladol Group,

By Dipo Olowookere Plans have been concluded by General Electric (GE) and the Kenya Cardiac Society (KCS) to offer echocardiography training to physicians and technicians in public and private hospitals in the country. Both parties recently entered into a two-year collaboration to make this happen and the training is expected to enable the physicians and technicians to better offer primary baseline assessment for patients with identified cardiac illnesses. The trainings, which will be held in six-month cohorts, will enrich participants with technical skills on cardiac imaging with focus to anatomy, physiology and hemodynamics as well as sonographic measurement and probe

By Modupe Gbadeyanka A deal to facilitate financing for smartphones for customers of leading digital services provider in Bangladesh, Robi, has been entered into with YABX, a fintech company incubated by Comviva. Within one year of launching 4.5G service, Robi has created the largest 4.5G network in Bangladesh and YABX, on the other hand, provides the technology to underwrite smartphone financing for customers in the emerging markets. In doing so, the company builds customer profiles from tens of thousands of data points, using data from the mobile network. This, in turn, enables the customers to purchase their first smartphone. Therefore,

By Modupe Gbadeyanka After some weeks on the prestigious Nigerian Idol, Chisom, one of the top seven contestants, has been shown the way out of the music reality television show. His eviction came as a surprise on Sunday night, as the audience and judges were shocked when the anchor, IK Osakioduwa, announced his name as the contestant with the lowest number of votes for the week. He could not get enough votes from the 19 million votes recorded last week by viewers of the programme. Chisom was earlier tipped to emerge as the winner of Nigerian Idol Season 8, especially

By Adedapo Adesanya The Cinema Exhibitors Association of Nigeria (CEAN) has confirmed that it generated N603,588,722 from tickets sold across the country in August, 20.1 per cent higher than the N482,528,117 total sales in July. This was disclosed by CEAN National Chairman, Mr Opeyemi Ajayi, on Tuesday. He said patronage at the cinemas in August was quite encouraging as 212,192 viewers were admitted into their facilities within the period under review, noting that there was a sporadic improvement in sales and visitors patronage in August as against figures recorded in July. He said, “August was quite a beautiful month. We