December 7, 2022

[GIST] Customers, companies panic as CBN slashes withdrawal limits

[GIST] Customers, companies panic as CBN slashes withdrawal limits

Punch Newspapers - Latest News https://bit.ly/3JsbvM2

The Central Bank of Nigeria has imposed fresh cash withdrawal limits on individuals and organisations, which will become effective on January 9, 2023. According to a memo issued by the CBN to banks on Tuesday, individuals will only be able to withdraw N100,000 per week (from over-the-counter, point-of-sale machines or automated teller machines), while organisations


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[GIST] 144 players for Rainoil tourney

[GIST] 144 players for Rainoil tourney

Punch Newspapers - Latest News https://bit.ly/3JsbvM2

Top Nigerian tennis players are billed to feature at the 2022 Rainoil Tennis Open, which serves off December 12 and ends December 18 at Ikoyi Club 1938 in Lagos, The PUNCH reports. The 12th edition of the tournament is themed ‘Level Up Your Game’ and is co-sponsored by Stanbic IBTC Bank and will feature 144


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[GIST] Wema Bank entrepreneurship school trains 156 SMEs

[GIST] Wema Bank entrepreneurship school trains 156 SMEs

Punch Newspapers - Latest News https://bit.ly/3JsbvM2

Wema Bank SME Business School has trained 156 Small and Medium Enterprise owners in Port Harcourt. In a statement, it stated that 156 participants comprising SME customers and non-customers of the bank attended the 4th edition of the Wema Bank SME Business School, which was designed to impart business management skills and first-rate entrepreneurial knowledge


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[GIST] Tech firm wins award

[GIST] Tech firm wins award

Punch Newspapers - Latest News https://bit.ly/3JsbvM2

A digital identity and Know-Your-Customer technology company, VerifyMe Nigeria, has won the award for RegTech Company of the Year at the 2022 Banks and Other Financial Institution Awards organised by BusinessDay Media. A statement by the company said the RegTech Company of the Year award recognised a company that had achieved significant business growth through innovation by


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[GIST] Firm wins cooperative industry award

[GIST] Firm wins cooperative industry award

Punch Newspapers - Latest News https://bit.ly/3JsbvM2

Africa Prudential Plc announced that it has been recognised as the most outstanding company in the cooperative industry at the 4th National Cooperative Awards, Symposium & Exhibition organized by the Cooperative Rating & Award Society of Nigeria (CRASoN). In a statement, the firm stated that the award recognises companies that have in one way or another brought


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[GIST] Executives inducted into Brandcom hall of fame

[GIST] Executives inducted into Brandcom hall of fame

Punch Newspapers - Latest News https://bit.ly/3JsbvM2

The former Marketing Services Director, Nestle Foods Nigeria, Mrs Iquo Ukoh and the Chairman, STB McCann, Sir Steve Omojafor have been inducted into the Brandcom Hall of Fame for their immense contributions to the growth of the brands and marketing communications industry. This was announced at the Brandcom Awards ceremony in Lagos recently. In a


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[GIST] UPDATED: Gunmen abduct Corps member, seven others in Abuja

[GIST] UPDATED: Gunmen abduct Corps member, seven others in Abuja

Punch Newspapers - Latest News https://bit.ly/3JsbvM2

…One killed, another unconscious, as gunmen escape Gunmen on Tuesday night abducted a Corps member, Adenike, and seven others in Extension 2 Relocation, along Arab Road, Kubwa area of the Federal Capital Territory, Abuja. Adenike, currently observing the mandatory National Youth Service, was kidnapped in her father’s home, The PUNCH reports. A source confirmed to


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