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FG extends NIN-SIM linkage to Oct, 59.8 million enrolled

The Federal Government has extended the deadline for NIN-SIM data verification to October 31. This was contained in a joint statement signed by the Director of Public Affairs of the Nigerian Communications Commission, Dr Ikechukwu Adinde, and the Head, Corporate Communications at Nigeria Identity Management Commission, Mr Kayode Adegoke issued on Saturday. The statement was…

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Beans, tomatoes, rice record 253%, 123%, 51% price hike

Okechukwu Nnodim, Sami Olatunji, Amarachi Orjiude, Temitayo Jaiyeola, Stephen Agwaibor, Adepeju Adenuga and Juliana Ajayi The cost of food items in Nigeria has been recording significant increases in the past one year. A survey carried out by our correspondents in markets across Lagos, Ogun and Federal Capital Territory showed that staple food commodities have witnessed…

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Fidelity Bank promotes 745

Fidelity Bank has promoted 745 employees following its 2019 and 2020 financial years performance reviews. The promotion is to boost staff’s morale and enhance their efficiency and productivity. In a statement at the weekend, the bank stated that  a total of 461 staff members benefited from the 2019 financial year exercise, while 284 staff members…

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How to invest wisely, by Stanbic IBTC

Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings PLC, has organised a webinar aimed enlightening the public about  safe investment. The session themed ‘Investing in uncertain times’ via Instagram, as part of the Stanbic IBTC #BlueTalks series, featured Head, Investment Management, Fadekemi Obasanya,  and  Fund Analyst, Ekene Nwaokoro, both of Stanbic IBTC Asset…

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CBN and global instability, vulnerability of cryptocurrencies

When in February, the Central Bank of Nigeria (CBN) directed banks and other financial institutions to cease transactions in cryptocurrencies and facilitating payment for cryptocurrency exchanges, several stakeholders raised concern about the directive. In the memo, dated February 5, the apex bank instructed banks and other financial institutions to identify individuals or entities that transact…

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