The Nigerian naira on Monday crashed to a historic low at the parallel market, exchanging for N620 against the United States dollar at the exchange platform Aboki Forex. The figure represents a 0.8 percent depreciation from the N615 it traded the previous week. Although the Naira gained the dollar at the Investors and Exporters’ window, exchanging […]
Naira crashes to N620 per dollar Read More »
Zenith Bank will be holding its international non-export trade fair seminar on July 20, 2022 at the Civic Centre, Victoria Island, Lagos. Moreover, participants are to join virtuallly. The seminar, titled ‘Unlocking Opportunities in Nigeria’s Non-Oil Export Business’, aims at supporting the Central Bank of Nigeria’s (CBN) non-oil export initiatives. Expected at the seminar
Zenith Bank holds International Trade Affair seminar July 20 Read More »
Airtel Africa Plc outperformed its rival MTN at the combined market capitalization of stocks worth over one trillion (SWOOTs) in the preceding week. Airtel’s share price rose by 10.00%, thereby gaining N170 billion during the week. The telecom company’s share price grew from N1,732.20 to stand at N1,905.4 per share at the end of the
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Are you planning on buying a property, or you just acquired one? If your answer is ‘Yes’, then we say congratulations to you. Owning a property, undoubtedly, is a big deal in Nigeria’s expanding real estate market. It is a long-term investment and a security with enduring benefits. Be that as it may, some have
Important documents you should have when buying a property Read More »
Consumertrics has been inundated with customer complaints about a glitch in Access Bank’s electronic banking system. Some of those whose complaints we reviewed claimed that the unsavoury situation has persisted for a few days. Major among the issues raised is customers’ inability to carry out fund transfer through the bank’s *901# Unstructured Supplementary Service Data
What to do if you are facing Access Bank USSD issue Read More »
Ikeja Electric says it is upgrading its Customers Information System (CIS) and the process would last 48 hours, begining from July 15-17th. During this time, the distribution company says collection of meter data (including meter reading, energy consumption) would be impossible. Also to be affected are the company’s payment channels. This means that customers willing
Ikeja Electric carries out customers information upgrade Read More »
Eko DisCo has explained why power supply to its customers in the Ajah and Ibeju areas of Lagos metropolis is inadequate. Dr. Tinuade Sanda, the managing director and chief executive officer of Eko Disco, attributed the problem to infrastructure challenges and insufficient power allocation by the Transmission Corporation of Nigeria (TCN) to it. TCN is
Eko DisCo gives reasons for poor supply to customers Read More »
The United Bank for Africa (UBA) says customers who encounter failed or declined transaction would get refund in 24hours. UBA advises such customers to “simply slide in to have it resolved by Customer Fulfillment Center Team (CFC) immediately.” The information is obligatory to UBA and other banks, as the Central Bank of Nigeria (CBN) had
UBA promises 24hrs refund to customers in failed transaction Read More »
Flutterwave, a payment technology company, has announced a Graduate Trainee Program. The company says that the program will teach 200 young Nigerians technical and soft skills and, so doing, expose them to Flutterwave’s solutions and products. In addition, the program will introduce them to Flutterwave’s network of current and former employees, culture, values, vision and
Flutterwave announces graduate trainee program Read More »
The Nigerian Communications Commission (NCC), has asked telecommunication and internet service operators to pause their plan to hike prices. NCC’s chairman Professor Umar Danbatta stated this in Lagos on Thursday. The providers have complained about the rising cost of diesel, which has heightened their production cost. Instead of increasing prices for their services, Danbatta urged
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