Digital banking is the new route that financial service providers and regulators are travelling to offer seamless services to the banked, and encourages the unbanked and underbanked to join the financial services net.
Two channels have for long dominated the digital banking space – mobile banking and Point of Sale (PoS) services.
In the mobile banking space, the e-Bills Pay was a major…
Unity Bank Plc has posted gross earnings of N27.6 billion for its half-year results, representing a growth of 17 per cent year-on-year.
In its unaudited half-year financials submitted to the Nigeria Exchange Group Limited, the bank also made significant improvements across…
Workers of Addax Petroleum Development Nigeria have embarked on strike in protest against anti-labour practices by the firm, causing possible reduction in Nigeria’s crude oil production by 22,000 barrels per day.
Addax, owned by China’s Sinopec Group, has four Oil Mining…
TotalEnergies has begun oil production from the Ikike field located in oil mining lease (OML) 99.
The field, owned jointly with the Nigerian National Petroleum Company (NNPC) Limited, was discovered in 1977, with TotalEnergies (the operator) holding 40 per cent shares and NNPC 60 per cent shares.
Located 20 kilometres off the coast, at a depth of about 20 meters, the Ikike platform is tied back to…
Dangote petrochemical plant to position Nigeria as polypropylene hub in Africa
July 29, 2022
Dangote’s $2 billion Petrochemical Plant located at Ibeju-Lekki, Lagos State, when fully operational will position Nigeria as one of Africa’s largest petrochemicals hubs and boost non-oil export earnings for the country, according to the Dangote Group President, Aliko…
Leading digital technology solutions providers, innovative users and digital savvy states have been honoured at the 18th Annual Titans of Tech Awards which held in Lagos.
African Data Centre was crowned as the Most Innovative Data Centre Service Provider Of The Year, Zoho…
The Culture Festival, a global event series organised by the Art of Living Foundation, has pledged to inspire and support youth entrepreneurs to continually support economic growth through entrepreneurship.
The foundation confirmed the commitment ahead of its forum holding in Lagos from August 19 to 21.
The event, with the theme: Vibrant Africa: The Rising Rhythm, the Festival aims to…
Non-remittance of dollars to foreign reserves by the Nigeria National Petroleum Corporation (NNPC) is responsible for naira’s free fall in the official and parallel markets, the Central Bank of Nigeria (CBN) has said.
As at the close of work yesterday, the naira traded for…
In line with their mission to deliver solutions that enhance stakeholders’ value, Sterling Bank has launched another branch of their coworking space, Café One, at the Palms Shopping Mall, on 15 July 2022 in Ibadan.
Café One is a digital hub that also doubles as a…
umia is the leading e-commerce platform in Africa with its marketplace supported by its proprietary logistics business, Jumia Logistics, and its digital payment and fintech platform, JumiaPay. Jumia Logistics enables the seamless delivery of millions of packages while JumiaPay facilitates online payments and the distribution of a broad range of digital and financial services.
Jumia provides an…