Senegal’s Constitutional Council has ruled that Prime Minister Ousmane Sonko is eligible to run in the upcoming parliamentary elections, rejecting an appeal from the opposition coalition led by former President Macky Sall. The Takku Wallu Senegal coalition had argued that Sonko should be barred from the race due to his 2023 conviction in absentia for…
By Ayomide Otitoju Access ARM Pensions Limited has announced plans to meet with customers across Nigeria to address concerns regarding the recently approved merger between Access Pensions and ARM Pensions. The Managing Director and CEO of Access Pensions Limited, Dave Uduanu, reassured clients during a customer engagement event in Abuja on Tuesday, emphasizing the safety…
By Ayomide Otitoju Yemisi Edun, Managing Director of First City Monument Bank (FCMB), has disclosed that Nigeria needs an annual investment of $100 billion to address its growing infrastructure deficit. She made this statement at the 17th Annual Banking and Finance Conference in Abuja, emphasizing the critical need for increased financing to bolster key sectors…
By Ayomide Otitoju LOTUS Bank Limited, a leading non-interest bank, has launched a new branch in Lekki to improve access to its banking services for customers in the area. In a statement, the bank highlighted the strategic importance of the new location, aimed at serving the rapidly growing community in Lekki and surrounding regions. “We…
By Ayomide Otitoju MTN Nigeria Communications Plc and Airtel Nigeria collectively earned about N3.67 trillion from their data and voice services in the first half of 2024, according to an analysis of their financial results. MTN, Nigeria’s largest telecom operator with nearly 80 million subscribers, reported a total revenue of N1.27 trillion for the first…
By Ayomide Otitoju Zenith Bank, a leading financial institution in Nigeria, has fully restored its electronic transaction channels, ensuring customers can now access seamless digital banking services. The restoration comes after temporary disruptions due to a routine upgrade of the bank’s technology infrastructure, which was intended to optimize service delivery but affected e-channel services. In…
By Ayomide Otitoju In a bid to enhance revenue collection in Anambra State, Fidelity Bank Plc has donated 10 units of tax booths to the Anambra State Internal Revenue Service (AIRS). Dr. Nosa Orumwense, Regional Bank Head in Awka, emphasized that the donation reflects the bank’s commitment to providing innovative solutions for its customers. “For…
Former Rivers State Governor Nyesom Wike has urged his successor, Siminalayi Fubara, to adhere to the rule of law to restore peace in the state. Wike made the remarks during an interview on Channels Television’s Politics Today on Tuesday. “There is peace when you obey the rule of law. There is peace when you obey…
The Supreme Court has set October 22 to hear a suit filed by 16 state governments challenging the legality of the Economic and Financial Crimes Commission (EFCC) and the Nigerian Financial Intelligence Unit (NFIU). The case, initiated by the Kogi State Government alongside 15 other states, questions the constitutionality of the laws establishing the EFCC…
