Monday, January 27, 2020

VIDEO: How introduction of N50 charge on POS transaction threatens Financial Inclusion

The federal government recently mandated the Central Bank of Nigeria to strictly implement Merchant Service Charge, which would impose more charges on all POS transactions. To this end, the...

Nigerians spent N7 billion on movies in cinemas in 2019

Nigerians spent almost N7 billion (N6,976,882,087) to watch films in the cinemas in 2019. The News Agency of Nigeria (NAN) reports that the figures are according to data provided by cinemas...

BUA Cement lists 33.86bn shares on NSE, emerges third largest listed company

BUA Cement Plc achieved a feat on the Nigerian Stock Exchange (NSE) with the listing 33.86 billion ordinary shares at N35 per share, emerging as the third largest company on...

Demolition of Saraki’s property, Shehu Sani’s arrest, other top stories last week

Last week, amid the new year celebration, some events happened that generated controversies. Amongst the controversial events are the appointment of a former mid-level civil servant to head an electrification agency...

Jumia, DHL and Alibaba will face off in African e-commerce 2.0 – TechCrunch

The business of selling consumer goods and services online is a relatively young endeavor across Africa, but e-commerce is set to boom. Over the last eight years, the sector has seen...

Kyrgios pledges money for victims of Australian bushfires

Australian professional tennis player Nick Kyrgios has put his hand up to help the victims of raging bushfires in his country by promising a $200 donation for every ace he...

Jumia IPOs, China goes digital, Nigeria becomes fintech capital – TechCrunch

2019 brought more global attention to Africa’s tech scene than perhaps any previous year. A high-profile IPO, visits by both Jacks (Ma and Dorsey) and big Chinese startup investment energized that. The...

Edo traditional rulers to fast, pray January 2

The Edo State Council of Traditional Rulers will, on January 2 embark on fasting and prayer to seek God’s intervention in the ongoing crisis in the state. Governor Godwin Obaseki of...

Police kill one, arrest four suspects in foiled Abuja bank robbery

The FCT Police Command said on Saturday that it killed one person and arrested four suspects in a foiled bank robbery in Mpape area of the territory. A statement by the...

Disaster averted in Lagos airport as man charges at taxiing aircraft

Disaster was averted on Friday at the Murtala Muhammed International Airport in Lagos when a yet to be named young man charged at a taxiing aircraft. PREMIUM TIMES gathered that the...

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