By Ayomide Otitoju The United States Trade and Development Agency (USTDA) has awarded a training grant to Zenith Bank Plc to support its adoption of Microsoft Azure, a hyperscale cloud platform. Announced on USTDA’s website on Monday, the grant aims to enhance Zenith Bank’s institutional capabilities, boosting its data processing and storage capacity to expand…
By Ayomide Otitoju Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings PLC and a leading pension fund administrator in Nigeria, has reinforced its commitment to improving customer experience through innovative self-service solutions. These channels are designed to ensure quick and convenient access to pension management services, empowering customers to take control of their…
By Ayomide Otitoju MTN Nigeria has made history as the first Nigerian organization, telecommunications company, and entity within the MTN Group to earn the Compliance Management System (CMS) certification from the International Accreditation Service (IAS). This prestigious certification underscores MTN Nigeria’s dedication to upholding world-class compliance standards across its extensive operations. The certification encompasses a…
By Ayomide Otitoju In a move to promote sustainability and creativity in Nigeria, Ecobank Nigeria has unveiled Kong in a Cage, a striking art installation by Toyeeb Ajayi. The piece, crafted entirely from recycled materials, is on display at the Ecobank Pan African Centre (EPAC) on Ozumba Mbadiwe Avenue, Victoria Island, Lagos. Open to the…
Ayomide Otitoju The Nigerian Exchange Ltd. (NGX) recorded a bullish performance last week, with the All-Share Index (ASI) climbing 1.80% to close at 105,451.06 points, while the Market Capitalisation rose to ₦64.303 trillion, compared to the previous week’s 103,586.33 points and ₦63.166 trillion respectively. The weekly gains added ₦1.137 trillion to investors’ portfolios. Sectoral PerformanceMost…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPCL) has been accused of diverting ₦2.68 trillion and $9.77 million between 2017 and 2021, according to findings from the Auditor-General of the Federation. The alleged infractions, outlined in the Auditor-General’s annual reports submitted to the National Assembly, highlight violations of Nigeria’s Constitution and the Financial…
By Ayomide Otitoju Fidelity Bank Plc has unveiled the first batch of winners in its Get Alert in Millions Season Six (GAIM 6) promo, further solidifying its commitment to fostering a savings culture among Nigerians. At a ceremony held at the bank’s Ikoyi corporate office in Lagos and streamed online, ten customers emerged as millionaires,…
By Ayomide Otitoju The Federal Government has confirmed plans to adjust telecom tariffs but has assured Nigerians that the increase will not reach the 100% hike requested by industry operators. The Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, disclosed this during a stakeholders’ meeting in Abuja on Wednesday. He stated that the Nigerian…
By Ayomide Otitoju Fidelity Bank Plc, a leading financial institution in Nigeria, has donated maternity kits to 30 pregnant women at the Mushin Primary Health Centre (PHC), Lagos. The initiative, spearheaded by the Great Minds Inductees Class, was executed under the Fidelity Helping Hands Program (FHHP), the bank’s Corporate Social Responsibility (CSR) platform designed to…
