Business

Sanwo-Olu, Fidelity Bank MD Meet Alaba, ASPAMDA, Trade Fair Market Leaders

Lagos State Governor, Mr. Babajide Sanwo-Olu and his Deputy, Dr. Obafemi Hamzat on Thursday, met with Igbo market leaders from Alaba, Trade Fair axis in Lagos West senatorial district. The consultative meeting, which was at the instance of the Governor and coordinated by the Managing Director Fidelity Bank, Mr. Nnamdi Okonkwo, lasted for about 90 minutes and it was centred around ...

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Fidelity Bank Canvasses Better Data Sharing In Retail Growth

The Executive Director, Operations and Information, Fidelity Bank Plc, Gbolahan Joshua has advised data validation agencies and organisations to adopt appropriate policies that provide financial institutions with the required flexibility to utilise available customer data. Joshua who gave the counsel during a panel session at the 10th anniversary celebration of Verve in Lagos recently, explained that this would assist banks ...

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N175m Tax: Kaduna Seals Off Access Bank Indefinitely

By Idibia Gabriel, Kaduna The Kaduna State Internal Revenue Service, KDIRS, Wednesday, sealed off three branches of Access Bank in Kaduna metropolis over non remittance of over N175 million Pay-As-You-Earn, PAYE. Those affected include the bank branches located along Bida Road, Ahmadu Bello Way and Isa Kaita Road. Secretary and Legal Adviser to KDIRS, Mr Francis Kozah, told newsmen shortly ...

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Zenith Bank Drives Convenient Banking And Financial Inclusion With Z-Money

Nigeria’s leading financial institution, Zenith Bank Plc, has introduced Z-Money, which brings banking services closer to its customers and enhance financial inclusion among the under-banked and unbanked populace of the country. Z-Money is an agency banking product of the bank which entails the onboarding of agents who are expected to render basic financial services on behalf of the bank. Through ...

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Our Business Bleeding Profusely, Says Enugu Disco

…loses billions of naira monthly to energy theft, vandalism Raymond Ozoji, Awka The Enugu Electricity Distribution Company (EEDC) has expressed worry that the company buys about N5 billion worth of electricity on monthly basis but struggles to recover about N3 billion monthly. The company pointed out that the organization’s business was bleeding profusely stressing that payment of electricity bills was ...

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Auto Report Africa Seals Exclusive Distribution Deal With Cartar Australia

Auto Report Africa, the leading online automotive news reporting platform for Africa, has sealed a new marketing partnership deal with Cartar Australia for exclusive distribution of Cartar Mobile Lifts in Nigeria and Ghana, with future plans for the larger West African market. The new deal is the result of a series of discussions and consultations between ARA and the Australian company. In ...

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Four Banks Generate N24.3bn From Account Maintenance Charges

Between January and June 2019, four leading banks generated N24.3bn from account maintenance charged on their customers’ accounts, investigation has shown. This is an increase of about 19.18 per cent from N20.39bn generated in the corresponding period in 2018. Some banks on monthly basis charge their customers N50 with or without card while some deduct N1,000 from each customer’s account ...

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