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Day: October 24, 2017

Ecobank chief advises government on Credit Guarantee Scheme For MSMEs

  Amaka Obiefuna. Ecobank Transnational Incorporated (ETI)’s Chief Executive Officer, Ade Adeyemi has urged the Government to introduce Credit Guarantee Schemes for Micro, Small and Medium Enterprises (MSME) as a measure to hedge their risk.   Mr. Adeyemi was speaking in Abuja during the ‘Access to Capital’ panel at the 23rd Nigeria Economic Summit where […]

WEMA Bank shareholders approve capital reorganization

  Amaka Obiefuna.   Wema Bank Plc has begun capital reorganization after shareholders gave a nod of approval, the exercise is meant to strengthen the banks operations. It received the approval in Lagos at its Extraordinary General Meeting (EGM) held on Friday October 20, 2017.   The bank is now expected to give effect to […]

Senate indicts Okonjo-Iweala, says her memo caused N1.7tn revenue loss

The Senate Ad Hoc Committee on Alleged Misuse, Under-Remittance and Other Fraudulent Activities has said revenue agencies short-changed the Federal Government to the tune of N1.7tn as unremitted revenue generated between 2012 and 2016. The panel blamed it on a memo by a former Minister of Finance, Mrs. Ngozi Okonjo-Iweala, who allegedly issued the memo […]

Lagos NIPR Digital Summit Energises Stakeholders

Winifred Bosa. Continuing in its efforts to bridge technology divide and drive digital inclusion of our world in the social media space , the Lagos State Chapter of the Nigerian Institute of Public Relations (NIPR) recently organised a two day summit . The summit held at the Nigerian Institute of Management, Lagos has Brand Journalists […]

Leadway Assurance Collaborates with NAIPCO for 2017 Conference

…set to facilitate capacity building training for insurance correspondents Nigeria’s foremost insurance company, Leadway Assurance has announced its partnership with the National Association Insurance and Pension Correspondents (NAIPCO) on its NAIPCO 2017 conference. The conference themed ‘Legislation of Pensions, Intrigues, Interest, Governance and the People’, is billed to hold on the 25th of October, 2017 in Lagos and will be a forum for insurance and pension stakeholders to discuss […]

Banks send messages to customers without BVN

Deposit Money Banks have started sending text messages and electronic mails to customers without Bank Verification Number, asking them to come and complete the biometric registration process. Some bank officials told our correspondent on Monday that majority of customers affected by the development were mostly those with names mismatch. Customers, who have different names order […]