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NIPOST to Train 70 Million Youths in Farming, Tailoring

The Nigeria Postal Service has said that it was set to commence the training of 70 million youths across the country in farming, woodwork, tailoring and other skills. The training, according to NIPOST, is part of a process to revamp its fortunes, while awaiting a...

Court dashes FG’s hope on N2.5tn Stamp Duty Revenue

The Court of Appeal sitting in Lagos has dashed the hope of the Federal Government to raise about N2.5tn per annum from stamp duties on bank lodgements with value of N1,000 and above. Ruling on an appeal filed by Standard Chartered Bank against Kasmal International...

FG wants NIPOST to offer banking services

The Minister of Communications, Adebayo Shittu, says the ministry has submitted a proposal to President Muhammadu Buhari for the establishment of the NIPOST Bank to serve the interest of people in the rural areas. He said over 1,500 postal agencies across the country would serve...

NIPOST Set to Explore Opportunities in E-commerce

The Nigerian Postal Service will explore opportunities created by the evolving electronic commerce architecture to increase its revenue profile, the Postmaster General of the Federation, Mr. Bisi Adegbuyi, has said. Adegbuyi said this during the celebration of NIPOST Day at the ongoing International Trade Fair...

New NIPOST Helmsman to Emerge Soon — FG

A new Postmaster General of the Federation and Chief Executive of the Nigerian Postal System will soon emerge, the Special Assistant to the Minister of Communications, Mr. Victor Oluwadamilare, has said. Oluwadamilare, who spoke in an interview with the PUNCH in Abuja, said it was...

Nigeria plans 2 New Satellites To Improve Business, Connectivity – Shittu

Communications Minister, Mr Adebayo Shittu, has said Nigeria would launch two additional satellites to space to improve local communication capacity. Shittu said businesses in Nigeria were skeptical of linking the only satellite Nigeria has presently for fear of any crash. The minister said at a town...