BUSINESS

How workers can access Polaris Bank’s loans

Daily Dispatch July 6, 2023

Polaris Bank has unveiled simple steps for workers to get loans to meet financial needs, including payment of school fees and house rent, among others. According to the bank, workers, who have an account, can get multiple of their annual salary or 50 per cent of their monthly salary, credit

BUSINESS

Shell appoints Gbobo As MD Gas Distribution Company

Daily Dispatch July 6, 2023

Shell has appointed Ralph Gbobo as the Managing Director of its gas distribution company, Shell Nigeria Gas Limited, with effect from July 1, 2023, the company said in a release. Gbobo succeeds Ed Ubong who has taken up a new position within the Shell group. Until this appointment, he was the Manager, Commercial and Non-Operated […]

BUSINESS EDUCATION

CBN urges FUTA to adopt e-naira for all financial transactions

Daily Dispatch July 3, 2023

The Central Bank of Nigeria (CBN) has urged the management and students of the Federal University of Technology, Akure (FUTA), to adopt the e-naira platform for all their financial transactions. Mr Samuel Giwa, the Acting Branch Controller of the CBN in Akure, made the appeal on Monday at FUTA during an e-naira sensitisation programme. Giwa […]

BUSINESS

Tinubu assures investors better business climate

Daily Dispatch July 3, 2023

President Bola Ahmed Tinubu has assured the business community of his government’s commitment to policy consistency and better business climate to attract investment. The president spoke on Monday while receiving the delegation of the Shell Petroleum Development Company, SPDC, led by the Global Upstream Director, Ms Zoe Yujnovic at the State House, Abuja. President Tinubu

BUSINESS

CBN limits contactless payment channels to ₦50,000 daily

Daily Dispatch June 28, 2023

The Central Bank of Nigeria (CBN) has limited the daily cumulative transaction limit to ₦50,000 and the single transaction limit to ₦15,000 contactless payments made through bank accounts or digital wallets. The transaction limit for contactless payments took effect on Tuesday, June 27, 2023. CBN’s director of the Payments and Systems Management Department, Musa Jimoh,

BUSINESS

UBA launches account opening for physically impaired persons

Daily Dispatch June 28, 2023

United Bank for Africa says it has launched the UBA Braille Account Opening Form designed specifically to cater to the financial needs of the visually impaired. A statement by the bank said the initiative demonstrates its commitment towards providing an excellent user experience for all its customers, regardless of their individual abilities or disabilities. According […]