The Pan-African Payment and Settlement System (PAPSS,) has signed Memorandums of Understanding (MOUs) with five African multinational commercial banking groups for seamless cross-border trade payments. The groups include Standard Bank Group, Access Bank Group, Ecobank Group, KCB Group, and UBA Group. These significant partnerships aim to revolutioniseContinue Reading

Vitafoam

By Rukayat Moisemhe Vitafoam, a prominent foam manufacturing company, has partnered I-Create Club to award six exceptional primary school pupils for their outstanding achievements in a creative competition. Mr Taiwo Adeniyi, the Group Managing Director, Vitafoam, said this in a statement on Wednesday in Lagos. Adeniyi said the competition wasContinue Reading

By Rukayat Moisemhe Jumia, a leading pan-African e-commerce platform, has reiterated its commitment to driving economic growth through the expansion to secondary cities and rural areas to close the inequality gap. Mr Massimiliano Spalazzi, the Chief Executive Officer, Jumia Nigeria, said this at the launch of its Rural Area ReportContinue Reading

TAJBank Managing Director, Hamid Joda By Kadiri Abdulrahman TAJBank Limited, Nigeria’s fast-growing non-interest bank, has set a new record in the Nigerian banking system with the payment of dividends to its shareholders within three years of its operations. According to a statement by Isiaku Gwamna, the Chaiman of TAJBank’s board,Continue Reading

Group photograph after the unveiling of a Strategic Plan for the delegation of duties and responsibilities of revenue collection to the Federal Capital Territory-Internal Revenue Service (FCT-IRS) in Abuja on Tuesday

By Philip Yatai The Federal Capital Territory Administration (FCTA) has unveiled a Strategic Plan for delegation of duties and responsibilities of revenue collection to the Federal Capital Territory-Internal Revenue Service (FCT-IRS). Mr Adesola Olusade, Permanent Secretary in charge of FCTA, unveiled the plan during a stakeholders’ meeting in Abuja onContinue Reading

From L - R Engr Ifeanyi of Nayo Tropical Technologies Ltd, Engr Ahmad Salihijo Ahmed - MD/CEO REA Elizabeth Huybens - World Bank Director of Strategy and Operations for the Western and Central African Region, Arsh Sharma - Task Team Lead, World Bank for the Nigeria Electrification Project (NEP)

By Constance Athekame The World Bank said on Tuesday that it planned to commit additional 750 million dollars to deepen Nigerians access to electricity through the Nigeria Electrification Project (NEP). Ms Elizabeth Huybens, the World Bank’s Director of Strategy and Operations for Western Central African Region, said this while inspectingContinue Reading