BUSINESS

ASABA – A Federal High Court sitting in Asaba, Delta State has ruled that it is illegal to deduct N50 as stamp duty on teller deposits or electronic transfers of monies from N1,000 above. This is contained in a Judgement of the court delivered on Thursday, December 9, 2020 by …

By AbuSatar Hamed LAGOS – The Lagos State Health Management Agency (LASHMA), in its commitment to ensure that residents at the grassroots have access to affordable, effective and quality healthcare, has partnered with First Bank of Nigeria Limited to utilise its over 13,000 Firstmonie Agents as payment channels for the …

Opinion By Ayomide Oriade The year 2020 has been a year like no other, no thanks to Covid-19 pandemic and the accompanying restrictive measures which unleashed a far-reaching socio-economic impact on businesses globally. Firms and businesses were sent to survival mode while many who couldn’t cope were forced out of …

LAGOS – The Banker Magazine, a leading global finance news publication being published by Financial Times of London has named six subsidiaries of the Pan African financial institution, United Bank for Africa (UBA) Plc as ‘Bank of the Year 2020’. This award, it was scooped is in recognition of UBA’s …

By AbuSatar Hamed LAGOS – In the light of COVID-19, FirstBank has launched the FastTrack ATM, a Next Generation ATM and first of its kind in Africa, designed to promote financial activities on the ATM devoid of any form of physical interaction with the machine. According to a release e-signed …

By AbuSatar Hamed ABUJA – Vice President Yemi Osinbajo, SAN, has said that the idea of a partnership between the Federal Government and technology companies to develop an eco-system of competent Nigerians working in the service sector and even outsourcing their expertise abroad is a welcome development and a step …

Opinion: By Ayomide Oriade When Philadelphia law enforcement officers used the term Black Friday to describe the chaos that ensued after suburban shoppers and tourists flooded the city on the day after Thanksgiving in the 1950s, little did they know that it will become a global phenomenon that will transcend …

By Seyifunmi Odunuga IBADAN – Hon. Tolulope Akande-Sadipe representing Oluyole Federal Constituency at the National Assembly, has disclosed that she has trained One Hundred and Ten (110) members in her constituency on various entrepreneurial skills. Akande-Sadipe, who stated this during the graduation of the trainees at her constituency office in …

LAGOS – First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its variant account products – KidsFirst and MeFirst – created to encourage the right savings culture among children from 0 – 17 years. According to a release e-signed by Folake Ani-Mumuney, Group Head, …

LAGOS – For its continued investment in digital innovation, Africa’s largest retail Bank, Access Bank PLC has been recognized as the ‘Best Digital Bank in Africa’ by Asian Banker. The announcement was made recently at the Asian Banker Middle East and Africa Regional 2020 Awards virtual ceremony. Access Bank, over …