FintechTechnology

Samsung launches Mother's Day promotion in Nigeria

Samsung Electronics Nigeria has said it is celebrating women in Nigeria in its Samsung Mother’s Day offer. In a statement, the company said, “Samsung appliances are an epitome of strength, reliability and consistency and we can liken Mothers’ similarly as the symbol of the same standard. At Samsung we believe that mothers must be celebrated so in light of this, we would be giving out gifts…
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Technology

Tech Expert Warns INEC About BVAS, IReV - NCS President

What are your thoughts on the performance of BVAS and IReV during the presidential and National Assembly elections?  The BVAS device in that election performed its role. BVAS is just an accreditation device; it was developed to ensure that only accredited voters can vote…
Fintech

Lack of staff will hit business - report

Nigerian companies are suffering from the scarcity of tech workers, a report by SAP Africa has disclosed. According to the report, nearly all organisations in Nigeria and Africa are expected to experience a tech skills-related challenge in 2023. According to the report…
Banking

Wema Bank reaffirms its commitment to gender equality

The Managing Director/Chief Executive Officer of Wema Bank Plc, Mr Moruf Oseni, has restated the bank’s commitment to promoting gender equality and create opportunities for women to grow and achieve success in their careers. Oseni saidd this at the bank’s 2023 International Women’s Day celebration in Lagos with the theme ‘Embrace Equity’. According to him, Wema Bank is an equal…
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Banking

CBN releases guidance on open banking

The Central Bank of Nigeria has issued operational guidelines for open banking in Nigeria to ensure stability in the nation’s financial system. The apex bank in a circular referenced, ‘PSM/DIR/PUB/CIR/001/043’, and dated March 7, 2023, said the guidelines would create…
Banking

Four women have received LAPO awards.

Four outstanding women were honoured in different fields of human endeavour at the LAPO Outstanding Women Leadership Award on Tuesday in Benin. In the professional category, Proprietor of Anchor International School, Kogi, Helen Mathias, was adjudged the winner; Gladys Okoro won in the business category; Mary Jackson won the farming category; while Elizabeth Ehigiamusoe got the lifetime…
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Banking

Fuel station, other reject old notess, bank rations.

The fresh move by some Deposit Money Banks to re-circulate old N500 and N1,000 notes suffered a setback on Tuesday as motorists, fuel stations, retailers, traders, and other categories of bank customers rejected the old currencies. The development came about 48 hours after…
Brands & People

AfricInvest acquires a stake in a retail company.

AfricInvest Fund IV has bought a minority stake in the Nigerian retail store, Justrite Superstore. In a statement made available to our correspondent Monday, AfricInvest said that this move would allow Justrite to contribute to building affordable grocery outlets that source local products, support domestic agriculture value chains, and create new jobs while improving the availability of safe…
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