Editorial Staff 
Zenith Bank has 393 branches (as of March 29, 2024) spread across Nigeria’s states and geopolitical zones. Each branch has a sort code for easy identification and to track financial-related transactions. In Lagos State alone, Zenith bank has over 100 branches, each with its unique sort code. Note: And you should also know that sort … Read more
This Virtual NIN is a tokenized version of the person’s actual NIN which another party verifying the number cannot retain and use in a way that puts the individual’s data privacy at risk. Takeaways Generating you VNIN On the app are four methods available for you to generate your Virtual NIN 1) By searching the … Read more
The Central Bank of Nigeria (CBN) has revoked the operational licensed of 4,173 Bureau de Change (BDC) operators in the country as the cleansing of the FX market continues under Yemi Cardoso. There are over five thousand foreign exchange traders in Nigeria. In a press release Friday signed by Acting Director of Corporate Communications, Mrs. … Read more
Some of the licensed Bureau De Change (BDC) operators in Nigeria use unbelievable and ridiculous names to obtain operating licenses from Nigeria’s apex bank, a list on the website of the Central Bank of Nigeria has revealed. Among the funny business names used by the operators include Deadlist BDC LTD, Ephesians-three-twenty BDC LTD, and Deep … Read more
Highlight of the Oronsaye report and recommendations The Federal Executive Council (FEC) led by President Bola Tinubu on Monday, February 26, 2024, directed that the recommendations of the Steve Oronsaye panel on the restructuring and rationalization of Federal agencies, parastatals and commissions should be fully implemented. The panel was set up by the administration of … Read more
The IT Infrastructure Library (ITIL) framework stands as a cornerstone in IT service management, offering a structured approach to managing IT services that align with business needs. Among its various phases, the Service Transition phase plays a pivotal role in ensuring the seamless movement of services from the development stage to operational deployment. This blog … Read more
Twelve years after The Steve Oronsaye Panel submitted its report on restructuring and rationalizing Federal government parastatal and agencies aimed at cutting down on the cost of governance in Nigeria, President Bola Tinubu gave a nod to the implementation of the report on Monday, February 26, 2024. A committee that will execute the report has been … Read more
The operatives of the Economic and Financial Crimes Commission (EFCC) on Monday, February 19, 2024, resorted to using firearms in their attempt to salvage the Nigerian currency from total collapse. Watch video: They had stormed the Abuja Zone 4 market, popular for foreign exchange trading, and started shooting sporadically at Bureau De Change operators in an attempt to … Read more
Osun State has begun the digitized issuance of state and local government certificates of origin. The announcement was made by Governor Ademola Adeleke on Wednesday, February 14, 2024, in an update about what his administration is doing in the area of Ease of Doing Business. With this development, it is now easy for Osun State … Read more
The Corporate Affairs Commission (CAC), a government agency responsible for business registration, is collaborating with Opay Services Ltd, a financial technology company, to help 300,000 unregistered businesses become legal entities. This partnership aims to bring Opay agents into compliance with regulations and provide them with the benefits of formal recognition. The Registrar-General and CEO of CAC, … Read more