Chairman of Bank Customers Association of Nigeria, Mr. Uju Ogubunka, has said that over 70 per cent of Nigerians are financial illiterates. Ogubunka noted that everyone needed financial inclusion irrespective of gender, age or profession. Ogubunka stated this at the Financial Literacy Excellence Award (FiLEX), in Lagos last week.

Standard Chartered Bank has announced plans to launch its newest mobile and online banking platform to one million clients across eight African markets. After the roll out to Botswana, Ghana, Kenya, Nigeria, Tanzania, Uganda, Zambia and Zimbabwe in the first half of 2016, the bank will launch fingerprint recognition technology in Botswana, Kenya, Uganda, Tanzania, Zambia and Zimbabwe for the firs time later in the year, giving clients a more secure and convenient way to log in to their accounts. In Nigeria and Ghana, mobile banking clients will move to the bank’s standard global platform.

The management of GlaxoSmithKline Consumer Nigeria, GSK Plc has allayed fears of job cuts after its planned divestment of its drinks business later in the year. The Legal Director/ Company Secretary, GlaxoSmithkline Consumer Nigeria Plc, Mr. Uchenna Uwechia, who disclosed this to select journalists in Lagos stated that the Board of Directors of GSK Plc has accepted Suntory Beverage & Food Limited offer for the divestment of its drinks bottling and distribution Business.

A new Managing Director has been appointed for Jaiz Bank Plc. He is Mr. Hassan Usman. The Board of Directors of the bank appointed Usman substantive Managing Director to run the affairs of the Bank subject to the approval of Central Bank of Nigeria (CBN).

Recently, online job portal, Careers24 introduced an online solution, a feedback mechanism that provides unfettered access to employees to rate their employers. Called the Company Review, the new solution democratises employer performance assessment, thereby providing a two way seamless communication pathway for both the employee and the employer to make informed decisions.