30 results
- 24 Feb 2025
Smartcash PSB Wins Outstanding Payment Service Bank at New Telegraph Awards
Smartcash Payment Service Bank (PSB), a subsidiary of Airtel Nigeria, has been recognised as the Outstanding Payment Service Bank of the Year 2024 (Fintech) at the New Telegraph Awards, reaffirming…
- 29 Nov 2017
UBA Clinches PEARL, New Telegraph Awards for Impressive Performance
United Bank for Africa (UBA) Plc, Pan-African financial institution, has continued to make waves and positive impact in the local and global financial industry earning more laurels and accolades.…
- 31 Jan 2018
CBN to Revoke Licenses of 15 Mobile Money Firms
Central Bank of Nigeria (CBN) may revoke the licences of at least 15 struggling mobile money operators under new minimum finance rules. New Telegraph tipped the majority of the 21 companies…
- 5 Feb 2024
Airtel Named Telecommunications Company of the Year
Airtel Nigeria has been named the ’Telecoms Company of the Year’ by one of the renowned news organizations in Nigeria, the New Telegraph newspapers. The award was presented at the annual New…
- 22 Nov 2021
Heritage Bank CEO Wins Banker of Year SMEs & Agric 2021 Award
Heritage Bank Plc, Nigeria most innovative service provider has been adjudged Banker of the Year 2021 under SMEs and Agric category, which was awarded to the MD/CEO of the Bank, Ifie Sekibo. R-L:…
- 27 Apr 2016
EFCC Arrests Bank MD over Alleged $115m Diezani’s Cash
There were strong indications Wednesday night, that operatives of the Economic and Financial Crimes Commission (EFCC), may have arrested the Managing Director (MD) and chief executive officer of a…
- 7 Mar 2016
CBN to Stop Forex Sales to Banks not Issuing LCs
Any bank in Nigeria that deliberately refuses to issue Letters of Credit (LCs) to manufacturers would be denied access to the official foreign exchange window, according to a report by New Telegraph.…
- 27 Jun 2017
Job Losses, Mass Transfer Fever Grip PPPRA Staff
The fear of mass transfer and job loss are currently rocking the Petroleum Products Pricing and Regulating Agency (PPPRA), according to New Telegraph. The fear, which emanated from the imminent…
- 19 Mar 2015
Uwah, Ex-Akwa Ibom D/Speaker Slumps, Dies during Campaign
Hon. Okon Uwah, former deputy speaker of the Akwa Ibom State House of Assembly, yesterday slumped and died during a campaign at Nkek, in Ukanafun, according to a report by New Telegraph. Uwah, who is…
- 13 Mar 2019
NSE Slams N434m Fines on 36 Firms over Default
Nigerian Stock Exchange (NSE) has fined about 36 quoted companies N434.1 million for failure to file their audited financial statements after the regulatory due date. Checks by New Telegraph…
- 25 Oct 2017
How and Why Contract Staff Aid Bank Fraud
There are indications that the growing tendency among banks to give sensitive positions to contract staff is heightening the risk of lenders being hit by fraudsters, according to New Telegraph.…
- 22 Dec 2017
Dangote, BUA’s Fight Get Messier over Mining Right
There seems to be no end in sight in the crisis between the managements of Dangote Group and BUA Group over the mining rights in Edo State, according to New Telegraph. The management of…
- 26 Jun 2015
Nigeria to Face Acute Fuel Shortage in July - Avuru
Nigerians have been urged to brace up for acute fuel scarcity shortage in July as the federal government claimed it did not have enough money to pay for fuel subsidy, which has hit N2 billion per…
- 15 Jul 2015
NNPC’s Withdrawal of $1.2Bn Triggers Panic in Banks
Nigerian National Petroleum Corporation (NNPC) has withdrawn $1.2 billion (N240 billion) from banks, triggering more dollar liquidity squeeze in the money market and causing the value of the naira to…
- 29 Oct 2023
Nigerians Lose N89.4Bn as BBHTV, Ponzi Scheme Collapses
Over 2. 7 million Nigerians have reportedly lost some N89.4 billion to BBHTV, a Ponzi scheme after Federal Inland Revenue Service (FIRS) froze its accounts. For the five months it lasted, about 2. 7…
- 22 Dec 2019
Anxiety over FG’s Threat to Block Accounts without TIN
There is palpable fear across the social and economic strata of Nigeria as the countdown to the January 2 date set by the Federal Government for all Nigerians to ensure their bank accounts have their…
- 4 Apr 2015
President-Elect’s Men and Women, People of Power
General Muhammadu Buhari’s personality may have been the major force that swept the All Progressives Congress (APC) to victory in the presidential election, but there are many individuals – some…
- 12 May 2021
Angst over Poor Services Offered by FreeTV
Subscribers to FreeTV, recently launched in Lagos as the country’s official Free-To-View digital terrestrial television (DTT), have expressed disappointment over poor reception, total lack of it and…
- 1 Nov 2017
FRSC to Induct Journalists, Nollywood Stars as Celebrity Marshals
The Federal Road Safety Corps (FRSC) Celebrity Marshals Unit has released a list of top media and entertainment personalities to be inducted as new members in 2017. This was contained in a…
- 26 Jan 2018
Adrian Wood’s Teleology Buys 9mobile in $500m Deal
Teleology Holdings, a special purpose vehicle promoted by Adrian Wood, a former chief executive officer of MTN Nigeria, has been selected as the preferred bidder of 9mobile, according to New…
- 8 Feb 2018
Banks Battle Fraudsters over Fake Alerts
Deposit Money Banks (DMBs) in the country are stepping up measures to check the activities of fraudsters who defraud some Nigerians through fake bank alerts scam. According to findings by New…
- 3 Jan 2018
NITDA Gets Tougher with Approval Process for MDAs
The National Information Technology Development Agency (NITDA) has said it would be more meticulous in its approval process for any IT project to be embarked upon by ministries, department and…
- 22 Jul 2015
Anambra Backs E-PPAN, CBN on e-Government Summit
Anambra State Government has thrown its weight behind an e-government summit being organised by the e-payment community in Nigeria which is holding in Abuja next week. The event is being organised by…
- 31 Jul 2017
Prof. Onigbinde, Others for Nigerian Online Publishers Annual Conference
The Guild of Corporate Online Publishers (GOCOP) has announced that its 1st Annual Conference will hold on August 10, 2017 at Renaissance Hotel, Isaac John Street, Ikeja, Lagos State. Olumide Iyanda,…
- 27 Feb 2017
119 Passengers Escape Death as Air Peace Loses Tyre at Take-Off
An Air Peace flight B737 with flight number 4P7198 on Monday lost one of its tyres as it prepared for take-off at the Murtala Muhammed Airport, Lagos. The Abuja-bound aircraft was preparing for…
- 1 Jul 2016
Tecno, Huawei, Infinix On Red Alert, World’s Cheapest Smartphone Ships
Costing less than £3 (less than N2000), the first batch of the world’s cheapest smart phone, begins shipping next week, the manufacturers said during the week. According to a report in UK’s New…
- 30 Aug 2018
Reps Kick as IT Firms Shun Tech Devt Fund
Contributions to the National Technology Development Fund (NITDEF) is now shrinking, as some information technology companies expected to chip in one per cent of their yearly profit before tax are…
- 15 Jun 2016
Banks Halt Branch Expansion Plans over Tough Economy
Deposit Money Banks (DMBs) in the country are cutting down on plans to open more branches as part of cost cutting efforts to cope with the tough times, particularly in the industry and generally in…
- 17 Oct 2017
Bank Workers to Down Tools over Mass Sack
Bank workers under the aegis of Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) have given notice to the Federal Government of their intention to down tools over…
- 9 May 2016
Panic in Banks as EFCC Spreads Loots’ Dragnet
Anxiety have enveloped the banking industry over the resolve by the Economic and Financial Crimes Commission (EFCC) to undertake full-scale investigation of scandalous lodgements in some banks by…