FirstBank Reinvents More With Second Fully Automated Self-Service Centre
The FirstBank Digital Xperience Centre (DXC) in the University of Ibadan (U.I) is the Bank’s second fully automated self-service centre. The first DXC is at the Bank’s remodelled Adetokunbo Ademola branch, Victoria Island, Lagos. Furnished with the…
Forex: CBN moves to stop naira free fall
The Central Bank of Nigeria has said it is set to take new measures to stabilise the naira against the dollar. Acting Governor of the CBN, Folasodun Sonubi, made the disclosure to State House Correspondents after briefing President Bola Tinubu on what…
Rights Activist Alleges New Plot To Raise Petrol Price, Blames Obi, Atiku
Controversial civil rights activist and organizer of Concerned Nigerians, Comrade Deji Adeyanju, has ignited a storm of discussions across social media platforms with his recent revelation of a new plot to raise petrol price. He immediately blamed the…
Naira slides further as dollar shortage hits banks
THE widening gap between the demand and supply of dollars in the banks and at the parallel market has continued to worsen the value of the naira, findings by The PUNCH have revealed. In less than three weeks, the naira lost N100 after sliding from 860/$…
Naira slump: Fuel price may go up, say marketers
The fall of the naira against the United States dollar, coupled with the recent rise in global crude oil prices, is making Nigerians apprehensive of a possible hike in the pump price of Premium Motor Spirit, popularly called petrol. Although the Nigerian…
Group Hails Akpabio Over Public Disclosure Of Senators’ Holiday Package
Foundation for True Freedom and Public Accountability, a leading advocate for transparency and accountability in government, has commended the President of the Senate, Godswill Akpabio for his recent announcement on live Television, the recess allowance…
FBN Shareholders Seek SEC Intervention In Takeover Bid
A coalition of minority retail shareholders in FBN Holdings Plc yesterday called on regulatory authorities to wade into alleged attempts by certain individuals to undermine the oldest financial services group in the country. Shareholders who staged a…
Ecobank gets award for SMEs support
Banking group, Ecobank Transnational Incorporated, has been named Africa’s Best Bank for Small And Medium-Sized Enterprises by the Euromoney Awards for Excellence for the second consecutive year. A statement by the Group said it had earlier won the award…
Tinubu vows to restructure civil service payroll, says CBN audit underway
President Bola Tinubu on Friday said his administration is undertaking a comprehensive forensic audit of the Central Bank while a thorough overhaul of the Civil Service payroll is imminent. ”A comprehensive forensic audit is on-going at the Central Bank.…
States, local councils get N2.59tn as economic hardship worsens
States and local governments got N2.59tn from the federation account in the first six months of 2023 amid worsening economic hardship in their respective states. This is a 27.62 per cent increase from the N2.03tn that was shared in the corresponding…