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Bankly Unveils Microfinance Bank to Deepen Financial Inclusion Financial Technology (FinTech) firm, Bankly, has unveiled Bankly Microfinance Bank, to deepen financial inclusion in the country. Bankly specialises in payment processing, through Point of Sale (PoS) terminals. The Chief Executive Officer, Bankly, Tomilola Majekodunmi, in a statement on Thursday, described the unveiling of the bank as […]

Edo Resumes Payment of Gratuities to Pensioners 17 Years After Edo has resumed the payment of outstanding gratuities to its pensioners 17 years after it stopped the exercise. Mr Crusoe Osagie, Special Adviser on Media projects to Edo government made this known in Benin on Thursday. He told newsmen that one of the reasons for […]

DMO Lists N130bn Sukuk on NGX, FMDQ The Debt Management Office (DMO) says it is set to expand its capital market offering, by listing its N130 billion Sovereign Sukuk on the Nigerian Exchange Ltd. (NGX) and the FMDQ Securities Exchange Ltd. The DMO made this known in a statement obtained from its website on Thursday. […]

Stanbic IBTC Bank Launches Enterprise Online 2.0 Platform to Enhance Customer Experience Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC has introduced its newly upgraded Enterprise Online 2.0 platform specifically designed to cater to the needs of businesses. The enhanced platform aims to provide business clients with an effortless and enhanced online […]

GlaxoSmithKline to End Operation in Nigeria GlaxoSmithKline (GSK) Plc has announced a plan to cease its Nigeria operation amidst a tough economic environment that plunged the pharmaceutical company into losses. In its second quarter earnings result, management disclosed that the GSK UK Group has informed GlaxoSmithKline Consumer Nigeria PLC of its strategic intent to cease […]

Nigeria Bonds Selling Intensity Kicks Yield to 13.2% With sustained negative interest yield on fixed income securities assets, yield popped higher Midweek amidst uncertainties in the Nigerian economy.  The market continues to weigh inflation and interest rate hikes into asset pricing. However, strong liquidity in the financial system has remained a downside to yield repricing […]

India Commits $2m to Boost Digital Financial Inclusion in Africa The Indian government will contribute $2 million to the Africa Digital Financial Inclusion Facility (ADFI)), housed and managed by the African Development Bank (www.AfDB.org), affirming its commitment to help break down barriers to the growth and uptake of digital financial solutions and accelerate financial inclusion […]

Google on Thursday rolled out a new policy that allows people to request that their personal, sexually explicit photos be removed from its search results. The new feature is one of three updates that Google says are meant to give users more control over content about themselves that is available through its popular search engine. […]

The Police Service Commission (PSC) and Nigerian Police Force (NPF) have agreed to set up joint committees to look into areas of likely frictions in the operations of the two agencies. This comes after a meeting between the PSC, Solomon Arase and the Inspector General of Police, Olukayode Egbetokun who was visiting the Commission for […]

*Says Winning Election Is Just Beginning Of Progressive Journey President Bola Ahmed Tinubu, on Thursday, urged the leadership of the All Progressives Congress (APC), particularly elected officials, to be steadfastly committed to good governance which will re-engineer the economic and political landscape of the nation to address the needs of the poor. Speaking at the […]

Wife of Nollywood actor, Yul Edochie, May, has filed for divorce and has also requested the sum of ₦100 million as damages from Judy Austin for having an affair with her husband. The marital drama between Nollywood actor Yul Edochie and his first wife, May Edochie, has taken a legal turn, with May officially filing […]

President Joe Biden has called for the immediate release of Niger Republic’s ousted President Mohamed Bazoum. Biden, in a message on Thursday to mark Niger’s 63rd Independence anniversary, also called for the restoration of democracy. Biden said: “I call for President Bazoum and his family to be immediately released, and for the preservation of Niger’s […]