The City of Saskatoon has announced a number of adjusted civic services and facility hours for Thanksgiving Day, Monday, Oct. 11, 2021. City hall All administrative offices are closed on Monday, Oct. 11. City hall will reopen Tuesday, Oct. 12, at 8 a.m.…
Facebook grapples with another global outage
Facebook on Friday said users around the world again had problems accessing its services for hours due to a tweak of its system, just days after a massive outage caused in a similar fashion. “Sincere apologies to anyone who wasn’t…
London-St. Thomas jobless rate drops to 7.3 per cent in September
The unemployment rate in London-St. Thomas fell to 7.3 per cent in September, down from 7.8 per cent in August, according to Statistics Canada. Data reported Friday shows that 1,200 jobs were added in September and the labour force fell by…
At about 16:00 GMT on Monday, October 4, smartphone users around the world noticed a lull in Facebook, Instagram and WhatsApp updates, the second time in 2021. In Nigeria, many initially thought it was the periodic outage of network services.…
FIRSTBANK HOSTS FINTECH SUMMIT 5.0, HIGHLIGHTS THE IMPACT OF OPEN BANKING ON FINANCIAL INCLUSION
First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, has announced that the 2021 edition of its annual FINTECH Summit is scheduled to hold on Thursday, 7 October 2021 by 10:00 am. The virtual event is opened to…
FINTECH 5.0: EVALUATING HOW FIRSTBANK STRENGTHENS COLLABORATION
It was Sir Isaac Newton, in his letter to Robert Hooke in 1675, who wrote the now-famous quote: “If I have seen further (than others), it is by standing on the shoulders of giants.” The shoulders of giants Sir Newton…
Stock market news live updates: Stocks extend losses, Nasdaq sinks as Treasury yields climb
Stocks sank Tuesday, with technology stocks leading the way lower as investors nervously eyed a swift rise in U.S. Treasury yields. The Nasdaq, a proxy for technology and growth stocks, underperformed against the other two major stock indexes, dropping more…
Banks intensify competition for deposits, raise interest rates by 140%
*Deposits grow 6.6% to N34trn in H1’21 *Zenith Bank leads deposit rate increase *Stanbic IBTC leads deposit growth Banks have raised deposit rates by 140 per cent in a bid to attract more funds from customers and address the sluggish growth…
Sustainable Finance is Going Mainstream: Here’s How You Need to be Prepared for Investor-Led Change
It can sometimes be hard to track what’s happening in the world of “green investing” as the number of announcements and initiatives on environmental, social and governance (ESG) and sustainable finance have been accelerating in the last six months. One…
Access Bank to reward 14 customers with N1million each to celebrate Nigeria at 61
In commemoration of Nigeria’s 61 years independence anniversary, Nigeria’s leading bank, Access Bank Plc is set to reward 14 customers with N1million each in the DiamondXtra independence splash. Speaking to pressmen at the bank’s head office in Lagos recently, Victor Etuokwu,…