Liability is defined by Merriam-Webster as the amount of money owned by an individual or entity. Debt burden can be a huge problem for individuals and businesses in Nigeria as it can lead to financial hardship and even bankruptcy. In recent years, as the popularity of electronic payment systems has grown, more lending platforms have emerged. It also made it easier for moneylenders to obtain loans…
Glo, Samsung goes on strike to surprise customers with an exclusive Galaxy S-23 deal.
February 5, 2023
Total telecommunications solutions provider, Globacom, is partnering world’s leading manufacturers of electronic devices, Samsung, for an exclusive offer for Glo subscribers to own the much sought after Galaxy S-23 smartphone.
According to the details of the offer, only…
Orevaoghene Whiskey of Top Faith International School, Akwa Ibom State, has been crowned the best STEM student in Nigeria, following the conclusion of the fourth edition of the InterswitchSPAK National Science Competition, a CSR initiative of Africa’s leading integrated…
VerifyMe Nigeria CEO Eshigie Aguele said the lack of a trust infrastructure is hindering the growth of small and medium enterprises (SMEs) in Nigeria.
In a statement provided to The PUNCH on Thursday, Aguele made the announcement while serving as a special guest on the Fidelity SME forum.
He said: “One of the biggest barriers to small business growth in the United States is the lack of…
Director of the Nigerian Maritime Authority Dr. Bashir Jamoh called for more private sector involvement in the Blue Economy Initiative to reap more benefits from the maritime industry. As a guest speaker at the Lunch hour Lecture Series hosted by the Academy of Excellence in…
Nigerian Central Bank Governor Godwin Emefiele urged Nigerians to understand, adding that the revised banknotes would be circulated and made available.
Apex Bank also ended commission sales on Feb. 10, pledging to replace old Naira banknotes with a new approach.
On Friday…
The Federal Government, on Thursday, said a total of 139 investors had shown readiness to monetise the gas flares from the 48 flare sites across the country.
It disclosed this at the 2022 Nigerian Gas Flare Commercialisation Programme Bidders Conference and Investors Forum, organised to intimate all qualified applicants, partners, sponsors and technology providers on the structure of the…
Another disruption in the aviation industry is imminent as three workers’ unions have threatened to ground operations at the Nigerian Meteorological Agency over wages over failure to implement minimum consequential adjustment wage.
The unions, which include the National…
Nigeria Solidarity Support Fund, a non-profit organisation, says it is stepping up efforts to reskill the Nigerian youths to boost job creation.
A member of the NSSF Advisory Board, Bola Adesola, said this in her opening speech during a book launch by the NGO, titled, ‘We…
Life insurance company, African Alliance, said it paid N25.7bn claims to its policyholders in three years.
The company which recently won the ‘Claims Excellence Insurance Company of the Year 2022’ award by Banks and Financial Institutions, said it consistently increased claims payment by 17 per cent year on year since 2020.
A statement by the company said t in 2020, over N7.1bn was paid out in…