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Access Bank code, buy Airtime, transfer money to banks in Nigeria 2021

16Mar

By Emeka OkaforNo Comments

Reports

Access Bank code, buy Airtime, transfer money to banks in Nigeria 2021

Access Bank code to buy Airtime & transfer money to other banks in Nigeria 2021 When it comes to the list of the top biggest banks with a vast customer base, Access Bank will be among the top five in Nigeria. Access Bank, which commenced operations in the country in 1989 and owned by Access Bank Group, is a multinational commercial bank and has grown to become one of the leading banks in the banking sector. The Bank further gained more prominence after its recent merger with Diamond Bank on 1 April 2019. It is now considered the largest bank in Africa. Following its recent merger with Diamond Bank, the bank now has a new logo, a signal for the commencement of a new enlarged banking entity. To help Access Bank customers in Nigeria to buy airtime and transfer money quick...

Zenith Bank DMD, Dame Adaora Umeoji, donates church building to Catholic archdiocese of Abuja

16Mar

By Emeka OkaforNo Comments

Reports

Zenith Bank DMD, Dame Adaora Umeoji, donates church building to Catholic archdiocese of Abuja

The Deputy Managing Director of Zenith Bank, Dame (Dr) Adaora Umeoji, has constructed and contributed a top-notch building for the benefit of the Immaculate Conception Parish in Dobi, Abuja. The inauguration/dedication of the new parish structure to the Catholic Archdiocese of Abuja occurred recently. During the inauguration, Dame Umeoji stated, “I’m present to hand over the keys to this new structure for the ongoing dissemination of the word of God. “We hope that this will inspire further contributions from others for the diocese and for the servants of God.” NAIJATAB NEWS discovered that Umeoji was inspired to construct and contribute the new church building after the temporary structure utilized for worship at the church was destroyed by a windstorm on May 17, 2018. It was reported...

Petrol, electricity subsidies hurting poor Nigerians- World Bank

16Mar

By Emeka OkaforNo Comments

Reports

Petrol, electricity subsidies hurting poor Nigerians- World Bank

According to the World Bank, subsidies reduce government expenditures aimed at assisting impoverished Nigerians and predominantly aid affluent families. This data was shared in a declaration published on the bank’s website to commemorate the release of the most recent Nigeria Public Finance Review report. The bank asserted that Nigeria's resources had been allocated by ineffective and outdated subsidiaries for the acquisition of fuel, electricity, and foreign currency. It further stated that the subsidies were considerably greater than the total amount spent in 2021 on social assistance, healthcare, and education collectively. The statement mentioned, “For many years, a significant portion of Nigeria’s resources has supported inefficient and regressive subsidies for petrol, e...

World Bank reveals why FG pays electricity subsidies

16Mar

By Emeka OkaforNo Comments

Reports

World Bank reveals why FG pays electricity subsidies

One of the justifications for electricity subsidies provided by the government, as stated by the World Bank, is the failure of numerous federal, state, and local government ministries, departments, and agencies (MDAs) to settle their electricity bills. This detail was included in the Nigeria Public Finance Review report published by the World Bank. As outlined in the report, the Nigerian Federal Government has been funding electricity costs ever since the sector was privatised. The report further indicated that this subsidy is among the elements leading to the underwhelming performance of the power industry. The World Bank report also highlighted that the transition from a predominantly publicly owned to a predominantly privately owned power sector has not yielded the expected s...