A developing story as revealed that the exchange rate between the naira and the US dollar appreciated to N669/$1 on Tuesday morning from N692.25/$1 recorded on Monday, 1st August 2022. This is according to information gathered from cryptocurrency peer-to-peer exchange (P2P) markets. Naira, which depreciated significantly above N700/$1 in the previous week retracted its movement…
MTN Cameroon has announced the adoption of a new data analytics and AI platform to drive its digital transformation plans. The new solution unifies and correlates mobile operator and subscriber data into a single 360-degree view and enables real-time decisioning with LigaData’s Data Fabric and Flare products. MTN Cameroon becomes the thirteenth MTN Operating Company to implement…
The Ebonyi State Government has sealed Guarantee Trust Bank (GTB) in Abakaliki, the Ebonyi State capital. “We will not unseal it until they comply (with our tax demand).” The government said they sealed the bank because of its “inability” to pay tax to the Ebonyi government. The task force team from the Ebonyi State Internal…
CBN, Dollar vs Naira SupplyThe Nigerian Naira fell to N604/$ at the parallel from N565 at the start of the year. This is consistent with an N39 loss YtD, Nairametrics reports. This is based on information acquired from Nigerian BDCs, who attribute the increase in dollar demand to the election season as politicians stocking up…
It was a day of joy, reward and jubilation for Staff of E& C logistics limited, as the Director, Mr. Johnmary C. N. Anogolu rewarded the most diligent Staff, Long Service Awards, most outstanding Departments and Partners with Cash, gift items and promotions.The event which took place on Saturday, April 9, 2022, at New Planet…
The Agency and Mobile Banking Operators (AMBO), a domestic unit of National Union of Banks, Insurance and Financial Institution Employee (NUBIFIE) has been commended for creating opportunities amid COVID-19 pandemic in Nigeria. In a lecture delivered at a delegates conference by members of NUBIFIE over the weekend titled “Navigating through the challenges of COVID-19- pandemic”,…
Are you based in Lagos or you are planning a working visit to the city soon? Do you need a conducive, serene and secured place to do some brain works? Is your company looking for an office space without having to pay through your nose? If your answers to the above questions are yes, then…
The leadership of National Union of Banks insurance and Financial Institution Employee (NUBIFIE), on Wednesday, February 23, 2022 meet with her domestic unit, Agency and Mobile Banking Operator’s (AMBO) also known as PoS agents at the office of Shared Agent Expansion Facilities (SANEF). The NUBIFIE team was led by her National president, Comrade Anthony Abakpa…
The Agency and Mobile Banking Operators, (AMBO) otherwise known as PoS operators who are the domestic unit of National Union of Banks, insurance and Financial Institution Employee (NUBIFIE), on Monday visited the Nigeria Labour Congress headquarters in Abuja for a business meeting. The financial agents were received at the Labour House (Paschal Bafiyau House) by…
By Daniel Ojukwu In the early hours of Tuesday, July 6, Lanre Ejileye’s Guaranty Trust Bank (GTB) account was debited the sum of N22,000 twice, despite not initiating any transaction. The first debit occurred at 1 am, and the second came 77 minutes later at 2:17 am, with “DAC – AFRICA” stated as the beneficiary of…
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