Breaking News

Business

Fake new ₦‎1000 notes flood circulation, few days after release and hints on how to know original (PHOTO/VIDEO)

Few days after the Central Bank of Nigeria, CBN, released the redesigned naira notes in the denominations of N200, N500 and N1,000, fake copies of the new N1000 naira notes have been released into the economy. A mobile money and bank agent in a video disclosed this saying that a customer performed a bank transaction…

Read more

Interswitch organises breakfast session with stakeholders to chart way forward for more robust payment ecosystem

In line with its efforts to strengthen the development of a robust and secure payment ecosystem, Africa’s leading Integrated payments and digital e-commerce company, Interswitch has hosted an engagement session for its customers and key stakeholders in the South-Western region of the country.  The breakfast session, which was held yesterday at the Golden Tulip Hotel,…

Read more

Succour to Sheraton Hotel workers as new owners begin payment of entitlements

Following the peaceful protest staged by the employees of Abuja Sheraton Hotel, the management of the company has today (Tuesday) commenced payment of entitlements to the workers. The payment followed an agreement reached by the employees under the umbrella of National Union of Hotel & Personal Service Workers (NUHPSW) and Marriot (managers of the hotel)…

Read more

Abuja Sheraton hotel workers to protest unpaid severance packages after NIPCO’s acquisition

•As new owners may shut down hotel Tuesday The last may not have been heard of the controversies trailing the NIPCO’s acquisition of Abuja Sheraton Hotel, as the employees are planning to stage a peaceful protest to demand for the payment of their severance package tomorrow (Tuesday) morning. A reliable source told SlyeNews today (Monday),…

Read more

Muslim customers throng Polaris Bank across Nigeria to withdraw & close account over alleged ‘Islamophobia’

Following a leaked email demanding that Muslims who work in Polaris Bank, especially their YES centre stop going for prayers on Fridays, many Muslims across the country have stormed the bank to demand that their accounts be closed immediately. In a widely circulated Facebook post, Aminu Soja said he and his fellow Muslims in Kano…

Read more

See Pi coins price prediction 2022-2030 and all you need to know about Pi network

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.  As one of the first projects to get involved with the mobile crypto mining craze, many investors are looking for a Pi coin price prediction to see whether the token is worth mining. …

Read more

Read! GTBank’s many fraud activities, other crisis that may sink the bank

…the N2Billion Crisis Between Innoson Motors and GTBank …How Segun Agbaje Alledged Refuses to let go of the Bank Affairs …Many Fraud activities within the Bank Reveals Guaranty Trust Holding Company Plc formerly known as Guaranty Trust Bank is synonymous to fraud according to information gathered. For many years, the bank has been the news…

Read more

Google takes down Sokoloan, EasyMoni, other Nigerian loan apps from its Playstore over illegal banking practices

Google has taken down Sokoloan, EasyMoni and some other Nigerian loan apps from its Playstore, few months after the Federal Competition and Consumer Protection Commission (FCCPC) clampdown on their operation in Lagos State. FCCPC boss had written an order to Google and Apple to delist some loan apps following complaints from users relating to illegal…

Read more

Nigerian banks face technical problems following mass resignation of key IT staff

They are moving in large numbers outside the country. We are experiencing a pull of people out of the industry to outside the country and these are the younger ones that we are supposed to hand over to after a period. So succession planning is hindered, productivity is lowered because these guys are the next…

Read more

Panic withdrawals hit Polaris Bank after reported sale to IBB’s in-law

Posers and panic reign and run riot in the mind of the average Polaris Bank customer and shareholder. This came about as indications emerged this week that the bank might be up for sale by the Central Bank of Nigeria. What is even more bewildering is that Auwal Lawan Abdullahi, a son-in-law to former Military…

Read more