TVC Communications launches its new HD studio in Nigeria

Posted by - February 18, 2019

TVC News has launched a brand-new high definition studio in Lagos, Nigeria. Based on its substantial investment, TVC is now in a position to become the leader in breaking news in Nigeria. Chief executive officer, TVC Communications, Andrew Hanlon, said, “Behind this state-of-the art studio in Lagos lies the real engine of our news operation:

UBA Set to Reward Customers

Posted by - February 15, 2019

UBA, Africa’s premier financial institution is set again to reward customers for Verve Card usage in its Free Fuel Fridays Promotion. The free fuel Friday promo which is activated by UBA in collaboration with Verve International, a licensee of the Oando retail brand kicked off on Friday, 15 February 2019 to Friday, 22 March 2019

Keystone Bank introduces first ‘Cheque Deposit’ in mobile app in Nigeria

Posted by - February 4, 2019

Keystone Bank Limited, Nigeria’s most innovative banking services provider, has introduced ‘Cheque Deposit’ feature in its mobile banking application, the new ‘Keystone Mobile App’. The feature which is another first from the Bank and in the Nigerian banking sector enables customers to pay cheques into their accounts at their convenience through their mobile phones even

Nigeria: FG plans to establish entrepreneur bank

Posted by - January 31, 2019

The Federal Government has announced plans to establish an Entrepreneur Bank to provide flexibility in provision of facilities to businesses. Vice President Yemi Osinbajo disclosed this while fielding questions from a cross-section of women enterpreneurs at a programme tagged `Next Level Conversation’ recently in Abuja. The women, who were mostly entrepreneurs, were drawn from the

Nigeria earns $1.3b from oil, gas lease licence renewal, targets $2b

Posted by - January 31, 2019

The Federal Government of Nigeria is targeting about $2 billion from the oil and gas lease licences renewal while about 1.2 billion dollars, 1.3 billion dollars has so far been earned. The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, said recently in Abuja at the Nigerian International Petroleum summit that, “We projected for

BBC Africa launches new TV/radio programmes in Nigeria

Posted by - January 22, 2019

As Nigeria prepares for the general election in 2019, the British Broadcasting Corporation (BBC) Africa has launched new television and radio programmes across its partner TV stations in Nigeria. In a statement, published on the BBC Media Centre, it is specified the programmes would feature across its 12 language services, including the Nigeria based BBC

#FirstBankIssaVybe is a case study for any brand – Folake Ani-Mumuney

Posted by - January 21, 2019

In December 2018, FirstBank promoted a social media campaign tagged #FirstBankIssaVybe, #DecemberIssaVybe. It involved massive ticket giveaways to premium events in Lagos including the FirstBank sponsored Burna Live. Over 500 mostly VIP tickets, which cost from N15,000 to N50,000 – were given away and money raised for Down Syndrome when tickets to Burna Boy’s concert

CBN spent N2.36TR to MOP up N18.7TR

Posted by - January 7, 2019

The Central Bank of Nigeria, CBN, is estimated to have spent about N2.36 trillion to mop up N18.7 trillion through OMO treasury bills from the interbank money market in 2018. The above is based on 12.6 percent average stop rate of OMO TBs issued in 2018. The apex bank throughout the year maintained tight monetary

Nigeria’s Central Bank Pumps $210 Million into Forex Market, Assures Of Naira Stability During 2019 Elections

Posted by - January 7, 2019

CBN makes first foreign exchange intervention for the year 2019 with $210 million at the inter-bank market. Nigeria’s foreign reserves stand at $43.05 billion Naira opens 2019 trading on a good positive notes, appreciating to N361/$1 at the parallel market. Nigeria’s central bank (CBN) has injected the sum of $210 million into the inter-bank segment