Business

GTBank launches biometric mobile app

Guaranty Trust Bank Plc (GTBank) on Wednesday launched ‘GTWorld,’ a mobile banking app designed to cater to all that’s important to customers easily and seamlessly. According to the bank, GTWorld is built on the back of the bank’s customer-centric digital strategy and its available for download from the Google Playstore for Android phones and the […]

Business

Indonesia to buy more crude oil from Nigeria

The Nigerian National Petroleum Corporation (NNPC) said Indonesia has indicated its interest in increasing its purchase of crude oil from Nigeria. The NNPC in a statement signed by Mr Ndu Ughamadu NNPC Group General Manager, Group Public Affairs division in Abuja on Tuesday disclosed that Indonesia currently purchases about 90,000 barrels of crude oil per […]

Business

Heirs Holdings appoints Group CEO

The Board of Heirs Holdings on Wednesday announced the appointment of Emmanuel Nnorom as Group Chief Executive Officer. Mr Nnorom previously served as Chief Executive of Heirs Holdings’ affiliate Transnational Corporation of Nigeria Plc and will join the Heirs Holdings’ Board, reporting directly to the Group Chairman, Tony Elumelu. The appointment takes effect from today, […]

Business

Kano grants N221m waiver to MTN

The intervention of the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Danbatta, has secured a permit fee waiver of N221 million for MTN Nigeria in Kano State. A similar intervention by the NCC boss in Ogun State last year, resulted in unsealing of 47 base stations  under lock and key,  while […]

Business

Operators send SOS to NCC

Telecoms operators have urged the Nigerian Communications Commission (NCC) to save the industry from imminent collapse. They warned that the factors crippling their operations could also derail the National Broadband PLan (NBP) of the Federal Government, if not checked. The telcos, which described themselves as ‘Tier II’ operators, have notable broadband companies, such as Smile […]

Business

FAAN vows to end touting at airports

The Federal Airports Authority of Nigeria (FAAN) says it has commenced the process of ending touting and other vices at airports across the country. The Acting General Manager, Corporate Affairs, at FAAN, Mrs Henrietta Yakubu, explained that it is part of efforts to implement the executive order signed by Acting President, Yemi Osinbajo. Prof. Osinbajo […]

Business

SON nabs major dealer in expired items

The Standards Organisation of Nigeria has arrested a suspected dealer of expired household items stocked in two buildings in Kirikiri, Lagos. The arrest was carried out on Saturday through the collaborative effort of operatives of the agency and the Nigeria Police Force. The arrest followed the discovery of a twin three-storey building by SON, belonging […]