Business/Economy

Amalgamated Union of Food Stuff and Cattle Dealers of Nigeria (AFUCDN) threatens to embark on a nationwide strike over alleged illegal roadblocks and multiple taxations on its members.

Leave a Comment

  The Amalgamated Union of Food Stuff and Cattle Dealers of Nigeria (AFUCDN) says it will embark on a nationwide strike over alleged illegal roadblocks and multiple taxations on its members.   The National President of the union, Mr Muhammed Tahir, stated this while addressing newsmen at the end of an emergency meeting of the … [Read more…]

Banks to charge N6.98 for every USSD transactions.

Leave a Comment

  Some banks have notified their customers that they will start charging them N6.98 for every USSD transactions.   However, experts have said that excessive charges by banks could pose a threat to financial inclusion.   According to them, it will increase cash transactions because many bank customers would avoid using the USSD for transactions … [Read more…]

Food Insecurity: A mammoth that needs to be defeated

Leave a Comment

  The Central Bank of Nigeria (CBN) is exercising its power to reflate the economy through funding support for key sectors especially the agricultural sector. The Anchor Borrowers’ Scheme, Agri-Business, Small and Medium Enterprises Investment Scheme (AGSMEIS), Commercial Agricultural Credit Scheme (CACS), the Agricultural Credit Guarantee Scheme (ACGSF) and other initiatives were introduced by the … [Read more…]

Leveraging Digital Banking

Leave a Comment

    Following an impressive financial scorecard, a streak of award-winning, value-packed innovations, stellar growth in key areas and overall general momentum in performance, Wema Bank can boast of having capped a good year. Interestingly, the bank recently marked its 76th anniversary in May. Given an explosive scale of business re-engineering and process improvement, the … [Read more…]