On Monday, the Lagos state government began a two-week training session for 50 city planners on how to effectively use drones to monitor land encroachment and other heinous activities. This is stated in a statement released by a spokesman for the Physical Planning Permitting Agency of the State of Abimbola-Umeh. He said that his party had conducted training in accordance with the state policy on…
As the naira scarcity persists, some banks are shutting their branches over rising customer attacks,
This came a day after the Lagos State Police Command issued a warning that some groups were planning to unleash violence in the state due to the naira scarcity.
Some of the…
Crypto exchange, Binance has announced that it will temporarily suspend USD deposits and withdrawals on February 8th because of an administrative issue.
A Binance spokeswoman told WatcherGuru that affected clients would be notified individually and that the suspension…
Technology company, Google has said it is planning to release its own conversational Artificial Intelligence service called Bard.
The conversational AI service is strengthened by Language Model for Dialogue Applications which seeks to provide better services for users and developers alike.
Bard is expected to compete with Open AI’s ChatGPT which has become an international trend since its…
The bullish momentum in the Nigerian equities market has defied analysts’ expectations as the benchmark index breaks another strong psychological resistance point, surpassing 54,000 mark, reaching a 14-year high of 54,213.09 points last weekend.
The market had recorded a…
The Central Bank of Nigeria may fine banks hoarding new notes a sum of N5m and members of the public selling the new notes N50,000.
This was based on the Central Bank of Nigeria Act of 2007 and the Banks and other Financial Institutions Act of 2020.
According to the Banks…
Over 50 per cent of Point of Sale operators have closed their shops as scarcity of new and old naira notes bites harder, it has been learnt.
The National Chief Aggregating Officer of the Association of Mobile Money and Bank Agents in Nigeria, Hussein Olanrewaju, who made this disclosure on Monday, said the impact of the ongoing shortage of new and old naira notes had worsened the plight of…
A former teller at Sterling Bank, Gift Akpan, left the shores of Nigeria for the United States to pursue her dreams. Gift told The PUNCH that she had always wanted to travel but decided to gain hands-on experience in the local job market first and raise money to facilitate…
Managing Director/Chief Executive Officer, Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe has been presented the award of the Banker of the Year 2022 at the 14th Leadership Annual Conference and Awards.
Organized by Leadership Media Group, publishers of Leadership newspapers…
A digital bank, Hope PSBank, a Unified Payment Services Limited subsidiary, has commenced a community inclusion initiative to support the Central Bank of Nigeria’s naira redesign policy.
Speaking at a press conference to unveil the initiative on Friday, the Managing Director of the bank, Ogechi Altraide, explained that the initiative was targeted at promoting a cashless economy and ensuring…