Author: Newsjaunts
Smartcash Payment Service Bank Limited (Smartcash PSB) has partnered with Thunes, a cross-border payments infrastructure provider, to power international remittances in naira to mobile wallets. Smartcash PSB becomes one of the first financial services providers to offer naira payouts to wallets, since the Central Bank of Nigeria approved this payout method in June 2023. This partnership will enable Smartcash PSB’s customers to receive inward remittances from countries worldwide directly into their Smartcash accounts by simply sharing their phone numbers, which also serve as their account numbers. Funds are sent rapidly at no charge to the recipient and can be accessed…
Interswitch, one of Africa’s leading integrated payments and digital commerce companies, recently hosted the Port-Harcourt edition of its TechConnect event, bringing together industry leaders, experts, and stakeholders to explore the transformative impact of digital payments in the microfinance sector. The event featured an insightful keynote address delivered by Tyoyila Aga, Group Head, Financial Services Business, Digital Infrastructure & Managed Services (Interswitch Systegra) on the latest trends in digital payment solutions, such as mobile wallets, QR codes, and contactless payments, emphasizing their pivotal role in shaping the future landscape of microfinance banking. Attendees also gained valuable insights into the technological advancements…
Special investigator, Mr. Jim Obazee appointed to probe the activities of the Central Bank of Nigeria (CBN) and its related entities, may soon invite the managing director of Wema Bank Plc, Mr. Moruf Oseni and other senior officials of the bank over the management of intervention funds released to the lender by the apex bank.The development, it was gathered that it is causing panic and disquiet at the bank’s headquarters in Lagos.According to a report by The Punch, the bank’s executives will be invited for questioning as the investigations proceed over N1.27 trillion undisbursed intervention funds in some commercial banks in Nigeria, in which Wema…
Special investigator, Mr. Jim Obazee appointed to probe the activities of the Central Bank of Nigeria (CBN) and its related entities, may soon invite the managing director of Wema Bank Plc, Mr. Moruf Oseni and other senior officials of the bank over the management of intervention funds released to the lender by the apex bank.The development, we gathered is causing panic and disquiet at the bank’s headquarters in Lagos.According to a report by The Punch, the bank’s executives will be invited for questioning as the investigations proceed over N1.27 trillion undisbursed intervention funds in some commercial banks in Nigeria, in…
Smile Communications, a leading telecommunications company with a strong presence in nine states in Nigeria, is proud to announce the launch of a comprehensive Corporate Social Responsibility (CSR) initiative aimed at primary and secondary schools within its service areas across Nigeria.With a deep commitment to making a positive impact in the communities it serves, Smile Communications has initiated this program to support schools as they resume new terms, particularly in these challenging times. As part of this CSR effort, Smile Communications will be distributing hundreds of exercise books to each of these schools, benefiting students and educators alike. The primary…
The Mega National Movement For Good Governance (MNMGG) has demanded the immediate sack of the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL) The group, which consists of a coalition of 19 youth groups, non-governmental organizations (NGOs), and civil society organisations (CSOs), equally demanded the probe of allegations of monumental corruption entrenched in NNPCL under his leadership. Speaking at a press conference on Saturday, the Spokesperson of the Spokesperson Mega National Movement, Ibrahim Tijani, said the group is deeply concerned about the instability of the prices of petroleum products, resulting from thesomersault in policies. Listing the sins of…
The Mega National Movement For Good Governance (MNMGG) has demanded the immediate sack of the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL) The group, which consists of a coalition of 19 youth groups, non-governmental organizations (NGOs), and civil society organisations (CSOs), equally demanded the probe of allegations of monumental corruption entrenched in NNPCL under his leadership. Speaking at a press conference on Saturday, the Spokesperson of the Spokesperson Mega National Movement, Ibrahim Tijani, said the group is deeplyconcerned about the instability of the prices of petroleum products, resulting from thesomersault in policies. Listing the…
The National Association of Ogun State Students (NAOSS) has elected a new executive to lead the national body. The congress which brought in the new executive was held at the Nigerian Labour Congress (NLC) hall in Leme, Abeokuta on Saturday. The congress that ushered the new executive was peaceful and witnessed by former student leaders who cut across Ogun State. Several Student Leaders (Senators) from various institutions in the state were present to cast their votes during the congress. The congress was declared open, and the election process began in earnest. A total of three candidates emerged from the election…
Ogun State Governor, Prince Dapo Abiodun has instituted a Scholarship Award scheme for 550 indigent students in Remo Federal Constituency of the state in honour of his late son, Gbemiga Abiodun, who died six years ago.The scholarships cover pupils in primary and secondary schools as well as those in vocational and tertiary institutions. The scholarship was spread across all schools in its coverage area.Speaking at the launch of the Gbemiga Abiodun Education Scholarship Award held at Iperu, Ikenne Local Government Area, Prince Abiodun said the scheme will ensure that brilliant students and those whose parents could not afford to educate…
The tension brewing between the tag team pair of John Cena and LA Knight versus the Bloodline duo of Jimmy Uso and Solo Sikoa will finally be put to test at Fastlane, one of WWE’s Pay-Per-View events this Sunday at midnight on GOtv.Since returning to Smackdown, early last month, Cena has been at loggerheads with the Bloodline after he attempted to foil an attack on AJ styles. When Jimmy Uso and Solo Sikoa planned a retaliatory 2-on-1 attack on Cena at Smackdown, LA Knight came to the aid of the Greatest of All Time, thereby paving the way for a…