MediaConsortium, a network of three industry analysts – Adetunji Faleye of Brand Impact, Godwin Anyebe of Consumer Assembly and Amechi Obiakpu of EspiNews take a look at the workability of Advertising Industry Standard of Practice (AISOP) unveiled last year by the Advertising Practitioners Council of Nigeria. The Advertising Practitioners Council[Read More…]
Tag: payment
FIRSTBANK PROMOTES CROSS BORDER PAYMENTS IN SUB SAHARA AFRICA WITH FIRST GLOBAL TRANSFER
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced the launch of First Global Transfer (FGT) to promote international transfer of funds across its subsidiaries in sub-Saharan Africa. The Bank’s subsidiaries in Africa include FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone,[Read More…]
Frstbank Bigins The Year With An Innovative, Convenient Virtual Payment Card
First of Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has launched the Virtual Payment card, a Naira denominated debit card and digital representation of the plastic debit card. The card is designed to be linked to either a customer’s operative account or wallet account. The FirstBank Virtual[Read More…]
First Bank Launches Virtual Payment Card
First Bank of Nigeria Limited says it has launched a virtual payment card, a naira-denominated debit card and digital representation of the plastic debit card. A statement from the bank on Sunday, titled ‘FirstBank begins the year with an innovative, convenient virtual payment card’, said the card was designed to[Read More…]
COVID-19: FirstBank Unveils Next Gen ATM, Spearheads Innovation In Electronic Banking In Nigeria
In light of COVID-19 pandemic, FirstBank has launched the FastTrack ATM, a Next Generation ATM and first of its kind in Africa, designed to promote financial activities on the ATM devoid of any form of physical interaction with the machine. The FastTrack ATM, which is done in partnership with Inlaks,[Read More…]
Consumers To Pay For Electricity Meters Through Tariff Costs – NERC
Electricity customers will henceforth cease to make one-off payment for meters but rather will pay for them via periodic tariff costs, the Nigerian Electricity Regulatory Commission (NERC) said. A reward system that will compensate those who have acquired meters from their own purse is also in the pipeline. Nathan Rogers[Read More…]
Access Bank To Pay Customer 5Million Naira as Court Declears PND Order Illegal
A Lagos high court has ordered Access Bank to pay the sum of N5 million to its customers, Blaid Construction Limited and Blaid Properties, for breach of bank-customer relationship. The court also declared that a post-no-debit alert action by the bank and continued denial of the customers’ rights to access[Read More…]
CBN suspends cheque clearing from today
With effect from today, the Central Bank of Nigeria (CBN) has suspended the clearing of all cheque instruments in the Nigerian clearing system. A circular signed and sent out to all Deposit Money Banks and the Nigeria Internal Settlement System (NIBSS) by the CBN on Monday stated that “no fresh[Read More…]
Consumers paying for darkness…
Good afternoon sir, I’m forced to bring this to your attention from Obiosa, Ogunmuyiwa, jubrila, Bashorun streets among other streets, Johnson bus top, ijeshatedo, itire/ ikate Lagos that despite the fact that ijesha that distribute electricity in those areas shares electric supply with Baruwa, Okunnola, Sanusi, Mogaji streets among other[Read More…]
NERC moves to remove tariff related liabilities from DisCos
The Nigeria Electricity Regulatory Commission (NERC) on Thursday moved to remove historical related liabilities from the financial records of DisCos. NERC said that the order No. NERC/196/2020 that it issued yesterday seeks to resolve the continued accumulation of future tariff related shortfalls during the transition to cost reflective tariffs and[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]