Nigerians to Pay for New ID Card as NIN Registration Hits 107m
The National Identity Management Commission (NIMC) has disclosed that the National Identity Number (NIN) registration has reached 107.338,044, showing a growth of 3.2 million from the 104 million reported in December, 2023.
The Commission’s...
Airtel to Pay $13bn Dividend Despite $549m FX loss
The board of Airtel Africa has proposed a final dividend of $3.27 per share for the year ending March 2024.
The telecoms giant will be paying $13.39bn dividend for the period under review, according to its audited...
Three years in, eNaira Struggles as Transactions Crawl to N29bn
Nigerians have continued to ignore the eNaira, which has now been used for only N29.3 billion worth of transactions since its October 2021 launch.
Unveiled by former president Muhammadu Buhari as a tool to promote financial...
IMF Advices CBN Against Waivers for Deposit Banks
The International Monetary Fund (IMF) has strongly urged the Central Bank of Nigeria (CBN) to unwind the regulatory forbearance granted to Deposit Money Banks during the COVID-19 pandemic.
It also cautioned against the Federal Government over the proposed...
Ondo Internal Revenue Rises to N40bn
The Ondo State Government has disclosed that its Internally Generated Revenue has increased by 300 per cent to N40bn from N10bn.
The Chairman of the Ondo State Internal Revenue Service, Mr Tolu Adegbie, stated this at the induction/training programme for...
Ogun Customs Confiscates N380.37m Contraband
The Nigeria Customs Service, Ogun 1 Area Command has confiscated 103 contraband with a duty paid value of N380.37m in 23 days.
The Area Controller of Ogun 1 Command, Comptroller James Ojo, disclosed this during his maiden briefing in Abeokuta on...
