Author: Nationalmonitor

A Nigerian-British Chartered Engineer and Director of Information Security, Dr. Kingsley Chibuzor Aguoru, has petitioned the Economic and Financial Crimes Commission) EFCC) and the Central Bank of Nigeria (CBN) to immediately put a halt to card PIN usage for online payments to protect Nigerians from being fleeced of their hard earned money.He said he was making the passionate appeal in order to secure financial practices in the country.According to the UK based chartered Engineer, with his over 20 years of experience in financial technologies and security, who pioneered the concept of OTPs for card-not-payments, he was compelled to bring attention…

Polaris Bank’s commitment to digital innovation and excellence has once again been recognized, as the Bank was awarded the prestigious “Best Mobile App” award for its renowned digital banking platform, VULTe, at the Digital Jurist Awards held October 31 at Eko Hotel in Victoria Island, Lagos. This honor comes less than a week after Polaris Bank was named Nigeria’s Digital Bank of the Year for the fourth consecutive year, further solidifying its status as a leader in Nigeria’s digital banking landscape. At the event, attended by representatives from all nominated companies, Polaris Bank’s VULTe app stood out among its peers,…

Against the increasing economic challenges confronting Bread making in the country, the Premium Bread-Makers Association of Nigeria  (PBAN) has empanelled a strategic body of industry experts to help engineer adaptive innovations in a dynamic bread making industry. The experts will be gathering at the 2nd Edition of the Association’s Day-Out in Lagos on the 21st November, 2024 to ex-ray the theme – “Innovations in a dynamic bread making industry: Using local and affordable alternative ingredients”According to PBAN’s President, Engineer Emmanuel Onuorah who spoke ahead of the Day-Out, the stakeholders in the bread-making industry were desirous of seeking viable alternative options…

…says it showcases Ogun’s economic resilience, growthOgun State Governor Prince Dapo Abiodun has hailed the reports of the National Bureau of Statistics (NBS), which listed the state among the best in Internally Generated Revenue (IGR) in the country.Speaking during the public unveiling and commissioning of the Olumo Courts service apartments and associated facilities in Abeokuta on Saturday, Governor Abiodun quoting the NBS report, noted that Ogun State’s internally generated revenue has surpassed that of several states, showcasing its economic resilience and growth.The governor said through various policies that his administration has been able to grow the economic base of the…

TOYIN ADEBAYO, ABUJA In a heartwarming gesture of giving back, the 1994 alumni set of Government Secondary School (GSS) Garki, Area 10, awarded scholarships to 20 indigent students and a donation of speaker to the school on Friday, marking their 30-year reunion, themed: “Building Patriotic Leaders for Tomorrow”. Representing the set, Mr. Jiboku Abayomi handed out the scholarships on behalf of the alumni president, Mr. Festus Udoebor, in support of education and community welfare. During the event, Dr. Peter Olumuji, Chairman of the Planning Committee, addressed the students on the importance of patriotism, emphasizing that love and value for one’s…

Leading payment service bank, MoneyMaster Payment Service Bank (MMPSB), has launched an exciting 10 percent data bonus offer for the delight of its customers. With the offer, customers of the PSB will receive a 10 percent data bonus on recharges from N1000 and above in what has been described as the best data volume to customers in Nigeria. Furthermore, data purchases come with a 30-day validity while unused data can be rolled over upon a new plan subscription. Designed to reward loyal customers and attract prospective customers, the offer comes as a testament of the bank’s dedication to empowering Nigerians…

Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2024, recording a remarkable triple-digit growth of 118% from N1.33 trillion reported in Q3 2023 to N2.9 trillion in Q3 2024. This performance underscores the Group’s resilience and market leadership in spite of the challenging macroeconomic environment.According to the Bank’s unaudited third quarter financial results presented to the Nigerian Exchange (NGX), the triple-digit growth in the topline also led to an increase in the bottom line, as the Group recorded a 99% Year on Year (YoY) increase in profit before tax, growing from N505 billion…

By Ebere AgozieMerck Foundation, the philanthropic arm of Merck KGaA Germany, has over the past years provided well over 2000 scholarships to young doctors from 50 countries.Senator Rasha Kelej, the Chief Executive Officer of Merck Foundation said this during the inauguration of the 11th Edition of Merck Foundation Africa Asia Luminary in Tanzania.She said that the scholarships were given to young doctors from 50 countries in 42 critical and underserved specialties, adding that many of them are becoming the first specialists in their countries.She noted that Merck Foundation introduced the strategic approach to build and enhance healthcare capacity in 2012,…

The Group Managing Director of Sujimoto Holdings, Olasijibomi Ogundele, has been arrested by operatives of the Force Criminal Investigations Department (FCID) in Abuja for alleged fraud involving $325,000.The investigation centres around a real estate deal dating back to November 2020, in which Sujimoto Construction Limited reportedly received the sum from a client, Kabiru Garba Ibrahim, as part of a $650,000 agreement for a property at Leonardo By Sujimoto Homes.The client, through his lawyer Pelumi Olajengbesi, filed a petition claiming Mr. Ogundele and his company failed to deliver the promised property or refund the money, leading to accusations of obtaining money…

The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, has presented official vehicles to staff of the Assembly in the directorship cadre.The presentation of the cars is the second in a row coming a few weeks after some senior staff were handed the keys to their own cars as part of the efforts of the leadership of the House to bolster productivity and service delivery to the legislative arm and the state.The beneficiaries include directors and deputy directors across the various departments and units that make up the Assembly.Speaking concerning the presentation at the Assembly complex,…