Wema Bank gets shareholders approval to raise N200bn
The shareholders of Wema Bank Plc, have approved the bank’s request for a capital increase of N200 billion. Also, the shareholders approved…
News
Wema Bank to retain national bank status – CEO
The Managing Director/Chief Executive Officer of Wema Bank, Moruf Oseni, has said that the bank would retain its national licence while aiming…
OpenAI sets up safety committee as AI training begins
Alex Omenye OpenAI has established a Safety and Security Committee, led by board members including CEO Sam Altman, as the company embarks…
Monetary policy decisions could be politicized – Stockbroker
The Chartered Institute of Stockbrokers and Association of Securities Dealing Houses of Nigeria have decried the proposed amendment of the Central Bank…
Nigeria attracted N3.5bn textile investment, created 4,000 job opportunities – Minister
The Minister of Industry, Trade, and Investment, Doris Uzoka-Anite, has said that the Federal Government has secured $3.5 billion in investments in…
ITU announces investment to boost global connectivity
The International Telecommunications Union has announced investment commitments totaling $4.8 billion to enhance global connectivity. This announcement was made on Monday during…
Tony Elumelu Urges FG to establish special courts for energy thieves
Tony Elumelu, Chairman of the Board of Directors at Transcorp Group, has called on the Federal Government to establish special courts dedicated…
Banks record N438bn from digital transactions in 2023
In 2023, digital banking channels brought in roughly N438bn for 10 financial institutions, an analysis of their annual reports has shown. An…
North-East blackout compounded by vandals – TCN
The Transmission Company of Nigeria on Monday announced that three additional towers were vandalized in the north-east, which has exacerbated power outage…
BOI extends RAPID funding application deadline for MSMEs
Onwubuke Melvin The Bank of Industry has extended the deadline for submitting applications for the Rural Area Program for Investment and…
BOI extends RAPID funding application deadline for MSMEs
The Bank of Industry has extended the deadline for submitting applications for the Rural Area Program for Investment and Development for Micro…
FG suspends Nigeria Air until further notice
The Federal Government has indefinitely suspended the Air Nigeria Airline project, Minister of Aviation and Aerospace, Festus Keyamo, announced during a ministerial…