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By Yinka Kolawole Flutterwave Inc., a payments technology company, said it has secured a banking licence which will enable the company hold funds and deposits directly. Olugbenga Agboola, founder and Chief Executive Officer (CEO) of the firm, announced the development in a statement. He said, “By operating with direct infrastructure, we can streamline our operations and […]
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By Gabriel Ewepu IN a bid to reposition Nigeria as a global leader in palm oil production, the National Palm Produce Association of Nigeria, NPPAN, weekend, disclosed massive oil palm cultivation and plantations in northern Nigeria will soon commence. The President, NPPAN, Dr Alphonsus Inyang, made the disclosure while speaking on the ‘Validation Meeting of the […]
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•Apex bank affirms lender remains strong, stable FRESH details have emerged regarding the circumstances that led to the regulatory intervention in Union Bank of Nigeria (UBN), with a forensic audit report alleging wide-ranging financial irregularities under the bank’s former owners and directors. The Central Bank of Nigeria (CBN) had in January 2024 dissolved the bank’s board […]
The post Union Bank: How controversial transactions led to CBN takeover appeared first on Vanguard News.
By Seth Ukochukwu The Lagos Development Update, LEDU, 2026 report has projected significant expansion in the state’s economy, with nominal Gross Domestic Product (GDP) expected to rise to N73.15 trillion this year from N62.66 trillion in 2025, supported by easing inflation, stronger consumption, and improved revenue mobilisation. Speaking at the presentation of the report, Commissioner, Ministry […]
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