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1-10 results from 1000 for query «payments»

April 21, 2018 10:45 AM Adeosun explains why she gave extra N10bn to National Assembly

The Minister of Finance, Kemi Adeosun, has reacted to a report detailing how her ministry illegally approved N10billion for the National Assembly. The report indicated that Adeosun released the money to the lawmakers, despite the N125billion appropriated for the federal legislature in the 2017 fiscal year for recurrent and capital expenditures. In a statement 19

April 11, 2018 3:39 PM Ecobank, MTN In Joint Cross-Border Mobile Financial Services

Telecommunications company, MTN Group, and Pan-African banking conglomerate, Ecobank, have partnered to provide mobile financial services across the various African countries where they are presently and currently operating. While signing a Memorandum of Understanding to seal the agreement in Lagos on Tuesday, the companies said they would work together 20

April 9, 2018 10:51 AM Access Bank, GTB Slammed N96 Million Fine For Violating Regulations

Guaranty Trust Bank and Access Bank have been slammed with a 96 million fine for violating various regulations put in place by the central bank of Nigeria. The penalties were paid for various offenses ranging from unutilized foreign exchange from CBN, late rendition of returns, violations of guide on bank charges, among other infractions. A breakdown 22

April 6, 2018 2:01 AM Reaching out to unbanked Nigerians

The new strategy by the Central Bank of Nigeria (CBN) to ensure greater participation of more Nigerians in the nation’s financial sector and reduce the unbanked population by 20 percent by the year 2020 is a welcome development. The financial inclusion measure became evident recently following the agreement reached by the apex bank, Deposit Money Banks 25

April 5, 2018 4:03 AM Reliance HMO launches affordable insurance plans

In a bid to make health insurance more accessible, Reliance HMO, a fully indigenous health management organisation, has announced affordable healthcare plans for individuals, families and companies. According to Funlola Jide-Aribaloye, CEO of Reliance HMO, the company is doing this because there is need for health insurance plans that has “payment structures 19

March 23, 2018 12:49 PM Father, Others In Court Over Attempt Ritual Murder Of Daughter

The Osun State Police Command has charged three men to court on Wednesday 21st March, 2018, over attempted ritual murder, unlawful possession of charms and obtaining by false pretence. The accused persons include Isaac Ajao 40; Odesola Odedokun, 38 and Kazeem Ibrahim, 42 were arraigned on a four-count charge bothering on attempted murder and defrauding 23

March 22, 2018 10:03 AM FG saves N68b on cost, brings 511 MDAs under IPPIS

Minister of Finance, Mrs. Kemi Adeosun, on Wednesday, disclosed that the Federal Government has saved N68 billion on personnel cost in 2017, bringing the aggregate savings in that regard to N288 billion. Adeosun made this disclosure during her presentation of “Status Update on the Implementation of Federal Executive Council (FEC) Approved Projects” at the Council’s 21

March 20, 2018 9:33 AM CBN Pumps In $210m Into Forex Market

The Central Bank of Nigeria has infused another sum of $210m into the inter-bank foreign exchange market. The lender said the forex sale was aimed at sustaining liquidity in the forex market, and making forex available for customers’ demands in different sectors of the market. The figures obtained from the CBN on Monday shows that the bank offered $100m to authorised 20

March 17, 2018 5:56 AM Real Madrid strike Lewandowski agreement

Spanish giants, Real Madrid have reached a ‘principle agreement’ with Bayern Munich striker, Robert Lewandowski for a transfer this summer. Spanish media outlet, El Mundo Deportivo disclosed that the Polish international’s agent, Pini Zahavi has agreed a move with the Los Blancos representatives, with only Bayern left to authorize the deal requirement 16

March 11, 2018 6:23 PM Police Arraigns Ghanian, Security Man Over Allege Shop Breaking

The Osun state police on Monday, March 5, 2018 arraigned a Ghanaian and security man over shop breaking. Joseph, the Ghanian man is facing four-count charge while the security man Ola-Ojo Kole is facing two-count charge. According to the charge sheet, the accused persons, on February 3, at about 12:00 midnight at Prime area, Osogbo, conspired together 19