By Ayomide Otitoju Investigations into the operations of Union Bank of Nigeria have revealed widespread financial misconduct by its former directors and owners, resulting in billions of dollars in losses and threatening the bank’s stability. According to investigators, the former leadership concealed over ₦250 billion in losses, improperly added a $300 million foreign loan to…
By Ayomide Otitoju Fidelity Bank Plc has signed a strategic partnership agreement with Aircraft Finance Germany (AFG) to drive growth and development in Nigeria’s and Africa’s aviation sector. The agreement was formalised in Germany, with Mr. Christian Hatje, Managing Director of Business Aviation and SVP Commercial at AFG, and Mr. Stanley Amuchie, Executive Director and…
By Ayomide Otitoju Ecobank Nigeria has assured customers of continuous banking services throughout the Easter public holidays, highlighting the availability of its digital platforms for seamless financial transactions. The bank confirmed that all digital channels, including the Ecobank Mobile and Business Apps, USSD *326#, Ecobank Online, OmniPlus, Omnilite, EcobankPay, ATMs, PoS terminals, and over 35,000…
By Ayomide Otitoju MoMo PSB has intensified efforts to promote financial inclusion with a community-focused literacy campaign in Iraboko, Awoyaya, aimed at equipping residents with digital financial skills. The initiative, held during the handover of a Y’ello Box digital centre, brought together hundreds of residents, with a strong focus on empowering women to better navigate…
By Ayomide Otitoju MTN Nigeria has commissioned a solar-powered Y’ello Box digital centre in Iraboko community, Awoyaya, as part of efforts to drive grassroots digital inclusion. The initiative, executed under the company’s staff-led Y’ello Care programme, underscores its “Connecting at the Roots” strategy aimed at expanding access to digital resources in underserved communities. The project…
By Ayomide Otitoju The MTN Media Innovation Programme (MIP) has been described as a transformative capacity-building initiative for media practitioners and digital creators in Nigeria, offering participants opportunities to enhance their skills in the evolving media landscape. The six-month certificate course, delivered in partnership with the School of Media and Communication, Pan-Atlantic University, is structured…
By Ayomide Otitoju An organization has announced the attainment of two major international certifications — ISO/IEC 20000 for IT Service Management and ISO/IEC 38500:2024 for IT Governance — reinforcing its commitment to delivering reliable, secure, and well-governed technology services. The company said the certifications underscore the strength of its systems, disciplined processes, and the dedication…
By Ayomide Otitoju Senegal’s Minister of Energy, Birame Souley Diop, on Thursday led a delegation to the NNPC Towers in Abuja, where they met with the Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Bayo Ojulari. During the visit, the Senegalese delegation reaffirmed the country’s commitment to strengthening its downstream petroleum sector and expressed…
By Ayomide Otitoju The Nigeria Customs Service has reaffirmed its commitment to facilitating trade and supporting Micro, Small, and Medium-sized Enterprises (MSMEs) through simplified and transparent customs procedures. The statement followed a strategic engagement on Monday in Abuja with a delegation from the African Continental Free Trade Area Secretariat, aimed at advancing the implementation of…
