NIBSS: E-payment Transactions Rises 86% to N566.39tn in 2024 The Nigeria Inter-Bank Settlement System says E-payment transactions in the country jumped by 86.44 per cent to N566.39tn in the first half of 2024 from N303.60tn in the same period of last year. The data showed July...

Marketers Plan to Purchase Petrol Directly from Dangote Refinery Oil marketers are seeking to deal directly with the Dangote Petroleum Refinery instead of buying the company’s Premium Motor Spirit, popularly called petrol, from the Nigerian National Petroleum Company Limited. Dealers under the aegis of the Independent...

AGF Denies Seizure of Nigeria’s $21m By US Court The Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), has denied claims that a United States District Court authorised Louis E. Williams to seize $21m from Nigeria’s account with JP Morgan. The Ministry...

NYSC: FG Raises Corps Members’ Monthly Allowance from N33,000 To N77,000 The Federal Government has approved the increase of corps members’ monthly allowance to N77,000 with effect from July 2024. According to a statement signed by the NYSC’s Acting Director of Information and Public Relations, Caroline...

NIN: FG to Register, Tax Foreigners in Nigeria The Federal Executive Council is proposing an amendment to the National Identity Management Commission Act No. 23, 2007 to allow for foreigners living in the country to be issued the National Identification Number. The FEC, on Wednesday, also...

NEMA, CCC Collaborate on Disaster Risk Reduction Strategies Chairman of the Centre for Crisis Communication (CCC), General Chris Olukolade (Rtd), has underscored the critical need for centralised coordination in disaster risk reduction during a recent courtesy visit to the Director General of the National Emergency...