Signaling the commencement of operation of the 13 km Phase One of the Lagos Rail Mass Transit (Blue Line), the Lagos State governor, Governor Babajide Sanwo-Olu, has confirmed that the light rail is actually pro-people. Reiterating that the Lagos light rail is an important component of its Integrated Transportation Master Plan, Sanwo-Olu emphasized […]
Lagos Light Rail is people-focused – Sanwo-Olu hints Read More »
Norrenberger, a financial services group, has taken over a controlling equity stake of 60 per cent in The Infrastructure Bank (TIB). The group said on Tuesday that the take-over followed a concluded acquisition arrangement which began in 2019. The Chairman of Norrenberger Group, Alhaji Ibrahim Aliyu, said through a statement that the group
Norrenberger Acquires 60% Stake in Infrastructure Bank Read More »
Central Bank of Nigeria (CBN), has issued operational and governance rules on Open Banking (OB) concept with the hope that the robust framework will deepen financial inclusion and ensure that consumers are protected. Open banking refers broadly to data sharing by operators of the financial system in providing innovative products and services to the
CBN deepens financial inclusion with Open Banking Read More »
In the spirit of the 2023 World Consumer Rights Day, the Nigeria Communications Commission (NCC), has expressed more commitment towards being more listening and caring for the Nigerian telco’s consumer via a new initiative called, Telecom Consumer Assistance, Resolution and Enquiries (TELCARE). The EVC, represented by the NCC’s Executive Commissioner, Stakeholder Management, Adeleke Adewolu,
NCC launches TELCARE for consumer complaints management Read More »
To continue providing online and offline payment solutions, including collections, check-out, biller aggregation, and payout services, the Central Bank of Nigeria, has renewed Cellulant’s Payment Service Solution Provider License in Nigeria. The Cellulant’s Group Chief Executive Officer, Akshay Grover, said, “At Cellulant, we are committed to providing innovative and accessible digital payment solutions to
REMARKABLE! Cellulant gets CBN’s nod to continue serving customers Read More »
In commemoration of 2023 International Water Day, Nigeria’s leading FMCG companies, Viju Industries Nigeria Limited have promised its teeming customers healthier products. World Water Day is an annual United Nations observance day held on March 22 that highlights the importance of fresh water. The day is used to advocate for the sustainable management
International Water Day: Viju pledges healthier products to consumers Read More »
Nigerians have continued to lament the cash crunch menace in their daily lives even after seventy-two hours of the Governorship and State House of Assembly elections. Consumertrics notes that the current cash crunch scourge has been lingering for over three months now, without any real respite. It was gathered that some banks in Ogun and
Bank customers continue to lament cash crunch 72hrs after elections Read More »
Mr Benjamin Okoli, President-General of Nigeria Citizens Association South Africa (NICASA), has confirmed that no Nigerian-owned business was affected by the ongoing shutdown in the country. Okoli made the confirmation in a telephone interview with the News Agency of Nigeria (NAN) against the backdrop of the “South Africa Shutdown” situation in the country. According
SA shutdown didn’t affect Nigerian-owned businesses — NICASA hints Read More »
In recognition of its outstanding financial solutions to the Nigerian insurance consumers, Leadway Pensure PFA Limited, a Nigeria’s foremost Pension Fund Administrator (PFA), has been named, West Africa’s Most Outstanding PFA Brand of the Decade at the 2023 edition of the West Africa Brands Excellence Awards. The award organisers recognised the leading PFA for
MIGHTY CONGRATS! Leadway Pensure bags ‘West Africa’s Most Outstanding PFA of the Decade’ Read More »
To serve the consumers proficiently, Network For Energy Reforms(Nigeria), has called on the incoming administration to tackle the lingering corruption in the power sector to save it from total collapse. The group specifically insisted that there is a need to break the monopoly of distribution companies created under the 2013 privatization exercise. Coming as the
Consumer group urges incoming government to break DisCos’ monopoly Read More »
