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Why GTB, Zenith, and Other Banks Are Upgrading Their Core Systems
Nigerian Banks Face Challenges During Core Banking System Upgrades
In a bid to adapt to the rapidly changing banking landscape, several Nigerian banks have recently upgraded their core banking applications. The trend was kickstarted by Sterling Bank, which transitioned to … Continue Reading
Dangote To meet marketers On Tuesday over new petrol price
Negotiations Between Independent Petroleum Marketers Association of Nigeria and Dangote Refinery Set for This Week
The Independent Petroleum Marketers Association of Nigeria (IPMAN) is scheduled to engage in discussions with Dangote Petroleum Refinery on Tuesday and Wednesday to … Continue Reading
PROPOSED VAT INCREASE: National Assembly Reviews Bill to Hike VAT Rate from 7.5% to 10% by 2025
National Assembly Reviews Bill Proposing phased VAT increase to 15% by 2030, while slashing corporate tax to boost investment.
The National Assembly is considering an executive bill proposing an increase in the Value-Added Tax (VAT) from 7.5% to 10% by … Continue Reading
Dangote To Begin crude oil production In 2025 – Official
Dangote Group to Begin Crude Oil Production in Early 2025 to Support Refinery Operations
The Dangote Group, proprietors of the Dangote Petroleum Refinery, has announced plans to initiate crude oil production in the first quarter of 2025 amidst ongoing … Continue Reading
Nigeria Has What It Takes to Lead African Refining – Dangote
Despite Nigeria’s capacity to produce over 3.4 million barrels of crude oil daily, Dangote pointed out that Africa imports nearly 3 million barrels of petroleum products each day
Lagos, Nigeria – Aliko Dangote, Chairman of Dangote Refinery and Petrochemical … Continue Reading
Eight Nigerian Banks Make the Cut in Africa’s Top 100 Ranking
Abuja, Nigeria – Eight Nigerian banks have been ranked among the top 100 banks in Africa for 2024, according to the latest report by the African Business Magazine.
FBN Holdings emerged as the highest-ranking Nigerian bank, securing the 15th … Continue Reading
Hyundai Nigeria Unveils Powerful Locally Assembled CNG Vehicles
In a stride toward promoting cleaner and more cost-effective transportation in Nigeria, Hyundai Nigeria, a subsidiary of Stallion Group, has launched a new range of locally assembled Compressed Natural Gas (CNG) vehicles.
This significant development is part of President Bola … Continue Reading
FG and Wema Bank Join Forces to Empower 500,000 Nigerian Women
The Federal Government of Nigeria, through the Ministry of Women Affairs, has partnered with Wema Bank to launch the MOWA x SARA Accelerator Programme, a groundbreaking initiative aimed at empowering 500,000 women across Nigeria.
Abuja, Nigeria- This initiative is designed … Continue Reading
Action To take Against Illegal Bank Charges- CBN
In response to growing concerns over arbitrary deductions and questionable charges by Nigerian banks, the Central Bank of Nigeria (CBN) has reiterated its stance on protecting consumers.
Mohammed Muazu, Head of the Complaint Management Division in the Consumer Protection Department … Continue Reading
