Allcitynews.blog.com

  By allcitynews.ng  As part of the efforts to tap into the wider transformation even with Nigeria’s economy becoming  increasingly digital services taking place across Nigeria’s banking sector, United Bank for Africa (UBA) has continued to strengthen its digital banking services with an online platform that allows customers to open savings accounts without beginning the process at a physical branch. The bank’s Instant Account Opening platform is designed to make it easier for new customers to start banking with UBA. The service allows eligible customers in Nigeria, as well as Nigerians living abroad, to begin the account-opening process online. UBA says customers can get a savings account in minutes through the digital platform. The development is part of the wider transformation taking place across Nigeria’s banking industry, as financial institutions increasingly move services from traditional branches to mobile phones and other digital channels. For many customers, op...

  By allcitynews.ng The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has called on business leaders, investors, financial institutions, entrepreneurs, academics and government representatives to attend the forthcoming London Halal Forum 2026. The Chamber while describing the event as a strategic platform for Nigerian businesses, it noted that is an avenue to explore investment opportunities, forge international partnerships, expand market access and deepen their understanding of the rapidly growing global halal economy. The National Public Relations Officer of NACCIMA, Mrs Madinat Adigun-Oladotun, disclosed that the forum will hold from October 10 to 11, 2026, at the Queen Elizabeth II Centre, London, United Kingdom. Organised by Halal360 in partnership with key institutions, including the Islamic Chamber of Commerce and Development (ICCD), the London Halal Forum 2026 will be held under the theme, “Halal as Transformative Economy.” The eve...

    B y Owei Lakemfa   If a labour leader has to make a choice between obeying the laws of the country and court orders on one hand, and defending the rights of workers on the other, can there be a democratic choice? That was the question I set out to answer in Abuja on August 21, 2026 at the workshop themed “From Violations to Justice: Strengthening the Nigeria Labour Congress (NLC) to Document, Resist and Combat Trade Union Rights Abuses in Nigeria.” I presented three practical cases to make my point. The first was Union Bank of Nigeria. It had a crisis about 2009 resulting in a new management. The new bank management violated Section 40 of the Constitution by banning the workers’ union, the Association of Senior Staff of Banks, Insurance and Financial Institutions, ASSBIFI. Also, it seized the union offices, stopped check-off deductions, and dismissed the national union president, Princewill Ojeh, plus a dozen other local labour leaders. When the bank worker...

  WELCOME TO THIS NEWS CRUISE CONTROL PLATFORM WHERE YOU  CAN TRAVEL AROUND THE WORLD VIA READING NATIONAL AND INTERNATIONAL NEWS WITHIN FEW MINUTES- COME ALONG, ENJOY THE RIDE                               NEWS UPDATE, THURSDAY, 03-09-2026  **Nigeria’s economy grows 4.43%, FG renews $1trn 2030 target   **Obi criticises Tinubu’s holiday, says Nigeria needs ‘leadership that puts country first’ **Why Atiku skipped G100 opposition summit — ADC   **Tinubu celebrates VP Shettima at 60 **Sanwo-Olu congratulates VP Shettima on 60th Birthday **Senator Kalu greets Vice President Shettima at 60 **I have lost a friend indeed” — Wike mourns political ally Dan Orbih, 64   **Orbih: I have lost a brother and friend of over four decades — Oshiomhole   **AAU mourns Pro-Chancellor, Chief Dan Osi Orbih   **Zulum appoints Former Jere Council Chairman Mai Deribe as Spec...

  By allcitynews.ng The Centre for the Promotion of Private Enterprise (CPPE) has welcomed Nigeria’s 4.43 per cent real Gross Domestic Product (GDP) growth in the second quarter of 2026, describing the performance as the strongest quarterly expansion in five years and a sign that the economy is gaining momentum. In a policy brief signed by its Chief Executive Officer, Dr. Muda Yusuf, the CPPE said the Q2 growth rate represented an improvement from 3.89 per cent recorded in the first quarter of 2026 and 4.23 per cent in the corresponding period of 2025. The organisation, however, urged the government to ensure that the improving economic performance translates into increased investment, job creation and better living standards for Nigerians. According to the CPPE, the growth was driven by stronger oil production and broad-based expansion across agriculture, mining, construction, trade, refining, financial services, real estate and other service activities. ...

  By allcitynews.ng  By allcitynews.ng   OPay, leading financial technology company has reiterated its commitment to continue serving its customers across the country. Opay stated this on its X handle to clear air on the spiral statement made by an X user, Hafserh advising customers to withdraw their money from the fintech company. OPay has also threatens legal action through Akinfolabi Moses Rokosu, OPay’s Chief Legal Counsel against the user on the derogatory viral post ‘Withdraw Your Money’ claiming service suspension. In its statement, OPay said, its attention was drawn to a post published by the user on August 30, in which customers were allegedly advised to clear out their accounts amid claims that the fintech company was planning to suspend its services. This has made the financial technology to face serious heightened scrutiny over unverified information that has created panic among the customers. "We are aware of a false and misleading publication circulatin...