eTranzact partners SMEDAN to expand digital access for SMEs
By Elizabeth Adegbesan eTranzact International Plc has reaffirmed its commitment to supporting Micro, Small and Medium Enterprises, MSMEs, through digital payment solutions, as it deepens its partnership with the Small and Medium Enterprises Development Agency of Nigeria, SMEDAN, to promote financial inclusion. The commitment was made at the SMEDAN/eTranzact Town Hall Engagement, themed, “Financial Literacy and […]
Retirees pleads with FG to save them from FMBN
Retirees of Federal Mortgage Bank of Nigeria (FMBN) have appealed to the Federal Government to intervene and save them from the dehumanising treatment by the Bank’s management.
Bank insurance levy gaining support at Davos
An insurance levy on financial institutions to help bail out banks in any future financial crisis has been backed at the World Economic Forum. Politicians and bankers have expressed support for the idea, while the International Monetary Fund (IMF) has described it as “practicalâ€.
Association urges FG to cancel privatisation of Zuma, Osogbo Rolling Mills
The African Iron Ore and Steel Association on Monday in Abuja, urged the Federal Government to cancel the privatisation of Zuma, Osogbo and Delta Rolling Mills. The companies were sold in 2005 under the privatisation policy of former President Olusegun Obasanjo.
Operator calls for tenure limits for non-EDs of banks
A Senior Advocate of Nigeria and financial expert, Dr. Konyinsola Ajayi has called on the Central Bank of Nigeria (CBN) to also extend the limit placed on the tenure of chief executive officers of banks in the country to Non-executive directors of banks.
Emerging markets will drive M&A this year, bankers in Davos say
Companies based in emerging markets will probably drive global mergers and acquisitions, as countries such as Brazil, India and China fuel economic growth, said bankers meeting this week in Davos, Switzerland.
