When it comes to internet penetration and adoption of mobile payments, most African countries are still very much below the global average. Even where the internet penetration is improving, the mobile payments adoption rate is still low, meaning an overall lag. For instance, in Kenya where mobile payment adoption is most on the continent, only about 23.1% of the internet ... Read More »

For seventeen (17) consecutive months, Senator Mukhail Adetokunbo Abiru has been extending COVID-19 relief financial assistance to over 2500 vulnerable people in the Lagos East Senatorial District. On Wednesday, 1 June, 2022, beneficiaries of the Senator Tokunbo Abiru COVID-19 Relief Support Scheme received direct credits in their respective bank accounts. These beneficiaries were nominated by 98 ward chairmen, Party chairmen, ... Read More »

Big Brother Naija ‘shine ya eyes’ finalist and Nollywood Actor, Pere Egbi has reacted to the allegation that he is having an affair with Kogi State first lady, Rashida Yahaya Bello. This allegation was made by renowned journalist, Jackson Ude who questioned why the reality star was all over places with Rashida Yahaya Bello. In a now-deleted tweet, Jackson Ude ... Read More »

With a significant cut in its impairment charges (which translates into a clean loan book) in its 1Q, 2022 results, after it successfully brought down its non-performing loan to 6.1 per cent in 2021 full year performance, analysts say the repeat of the impressive performance of FirstBank in the first quarter did not only show the consistency in its rebound, ... Read More »

….CCTV was functional on November 6, Adesola tell the court A receptionist who lodged Timothy Adegoke, OAU’s postgraduate student into the Hilton Hotel Honours, Ile-Ife, Osun state has disclosed that owner of the hotel, Dr Rahman Adedoyin, his son, Raheem were in the hotel the night the deceased lodged in. She disclosed this while being cross examined by Mr Femi ... Read More »

The Economic and Financial Crimes Commission has, once again, uncovered another N90 billion alleged fraud involving the suspended Accountant-General of the Federation, Ahmed Idris. Idris, who was seeking bail last night, had reportedly opened up on some top government officials allegedly involved in some transactions. Further expanding the scope of the ongoing probe of the suspended AGF by the EFCC, ... Read More »

Africa’s Global Bank, the United Bank for Africa (UBA) Plc, has rewarded its loyal customers in the just concluded UBA Super Savers draw, giving out a total of N16.6m in cash prizes. The computerised draw held at the Tony Elumelu Amphitheatre at the UBA Head Office on Friday, was witnessed by members of the press as well as representatives of ... Read More »

Guaranty Trust Bank Ltd (GTBank), the banking subsidiary of Guaranty Trust Holding Company Plc (GTCO Plc or the Group), emerged winner in four major categories at the 12th annual Brand Africa 100: Africa’s Best Brands 2022 rankings of the Top 100 Most Admired Brands in Africa. The award is an initiative by Brand Africa aimed at driving Africa’s competitiveness and ... Read More »

Stanbic IBTC Pension Managers Limited, a subsidiary of Stanbic IBTC Holdings PLC, recently held the second edition of its Ladies At The Table Empowerment Series (LATTES). The virtual event, which was organised with the aim of empowering women in business and career on how to live a well-balanced life was themed: ‘Rising above Bias’. The second edition of the event ... Read More »

The Nigerian Correctional Service (NCoS) has said that the former Deputy Commissioner of Police, Abba Kyari, was safe in custody as there was no threat to his life. The Service Public Relations Officer (SPRO) Mr Francis Enobore said this in a statement on Thursday in Abuja. Enobore said that it was necessary to address the issue following a publication by ... Read More »