Home » Business » Page 215

PwC Shuts Offices in Nine African Countries Amid Restructuring

By Ayomide Otitoju Global accounting giant PricewaterhouseCoopers (PwC) has announced the closure of its offices in nine Sub-Saharan African countries, citing a strategic restructuring of its network. In a statement published on its official website, PwC confirmed that it has ceased operations in Ivory Coast, Gabon, Cameroon, Madagascar, Senegal, the Democratic Republic of Congo, Republic…

Read Full News

FG Accuses Institutions of Hindering NELFund Disbursements

By Ayomide Otitoju The Federal Government has accused certain tertiary institutions and financial institutions of deliberately undermining the National Student Loan Fund (NELFund) by withholding critical disbursement information and obstructing access to approved education loans. The National Orientation Agency (NOA) disclosed the allegations on Sunday following a strategic meeting between NOA Director General, Lanre Issa-Onilu,…

Read Full News

UBA Launches Upgraded Digital Platforms for Enhanced Efficiency

By Ayomide Otitoju United Bank for Africa (UBA) has rolled out upgraded digital platforms aimed at boosting efficiency, security, and customer experience, as part of its ongoing campaign themed “Innovation for Progress: Empowering SMEs, Connecting Communities, Simplifying Banking.” The bank’s newly enhanced Point of Sale (PoS) terminals now come equipped with features such as instant…

Read Full News

Iyawe Commends Tinubu’s NNPC Board Overhaul

By Ayomide Otitoju The lawmaker representing Oredo Federal Constituency in Edo State, Hon. Esosa Iyawe, has applauded President Bola Tinubu’s recent overhaul of the Nigerian National Petroleum Company Limited (NNPC) board, describing the move as “timely and strategic” in addressing inefficiencies within the state-owned energy giant. President Tinubu, in a significant leadership shake-up, appointed Bayo…

Read Full News

NERC Fines 8 DisCos N628.03 Million for Billing Violations

By Ayomide Otitoju The Nigerian Electricity Regulatory Commission (NERC) has imposed a fine of N628.03 million on eight electricity distribution companies (DisCos) for violating the capped estimated billing regulations for unmetered customers. In a statement issued Thursday, the commission said the penalties followed a review of billing practices by Abuja, Eko, Enugu, Ikeja, Jos, Kaduna,…

Read Full News