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Banks warned of increased cyber attacks

As cyber-security threats shift from hacking for fun to deliberate efforts in order to get financial information, an expert in information security has warned that banks, other financial institutions and large corporations in the country may experience cyber-attacks before the end of the year, unless they strengthen their cyber resilience through implementation of adequate technology.

Ecobank , Global Fund partner to eliminate Malaria, others

Ecobank and the Global Fund have continued their innovative financing partnership programme to contribute to the fight against malaria, Tuberculosis, TB and Human Immune Virus, HIV/AIDS. The programme is designed to strengthen the financial management skills of program implementers in Nigeria, South Sudan and Senegal. Ecobank has pledged $3 million towards the scheme.

Chams shuts digital mall, loses N9.2bn

Chams Plc, an indigenous ICT firm in Nigeria, has announced the shutdown of the Ikeja ChamsCity digital Mall, due to lack of use of its digital citizen registration and mass enrolments infrastructure, losing about N9.2 billion. Other business process outsourcing services offered at the digital mall that includes contact centre services, computer based testing, pre-qualification employee tests and staff training, will now be offered by ChamsCity from Its new location in Victoria Island, Lagos.

Actis invests N5.9bn in Nigeria

Actis, a pan-emerging market investor said it has invested over $300 million (N5.91billion) in Nigeria to date, while it made an investment worth $3 billion in 23 other countries across the African continent. Actis’ previous and current investments in Nigeria include: Mouka Foam, owners of the Mouka Matress brand, Diamond Bank: one of Nigeria’s leading banks; Jabi Lake Mall: Abuja’s one-stop leisure, restaurant and retail destination; The Palms, the first ever international-standard diversified retail mall in Nigeria;

Accion MfB rewards CIBN best graduating student

Accion Microfinance Bank (AMfB) has rewarded Mr. Kotiko Okoye, Best Graduating Student in the Chartered Institute of Bankers of Nigeria Microfinance Certification Programme in line with its commitment to aid microfinance education. The award, which is part of a N2million endowment to the institute was presented at the CIBN Induction/Prize Giving Award Ceremony in Lagos.

Textile sector seeks govt patronage as NEPC demand enabling environment

Stakeholders in Textile Sector, weekend, called on the Federal Government to patronise made in Nigeria fabrics even as Nigerian Export Promotion Council (NEPC) called for an enabling environment for the sector to thrive. The stakeholders made the call at a One-Day Capacity Building Workshop organised by NEPC for stakeholders in the Garment and Apparel Sector on the “Opportunities in the Rising Global Market” in Lagos.

Odogwu’s panacea for industrialisation

Renown industrialist and enterprer, Chief Sonny Odogwu, the Ide Ababu of Asaba Kingdom, his advised the Federal Government to shop for foreign investors to help Nigeria harness our human and natural resources.

How Nigerians can survive financial crisis — Lanre Olusola

NUDGED by the increasing socio-economic inequalities in Nigeria, a Financial Expert and Premier Life Coach, Mr. Lanre Olusola in this interview, explains how both low and high income Nigerians can survive the current financial crisis. He also explains why he recently wrote a book, titled: The Money Book

Vanguard Detty December

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