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The award was in recognition of Remita’s continued leadership and innovation of the financial technology space through the facilitation of secure and seamless financial transactions. Amid various teething challenges confronting the digital space, electronic payment transactions in December stood at N71 trillion, bringing the total volume of transactions last year to N600 trillion. According to […]

A Federal High Court sitting in Lagos, yesterday, ordered the federal government to fix the prices of petrol, diesel, kerosene and other goods within seven days from February 7, 2024. Trial judge, Justice Ambrose Lewis-Allagoa, specifically ordered the government to fix the prices of milk, flour, salt, sugar, bicycles and it’s spare parts, matches, motorcycles

The Director-General, Bureau of Public Service Reforms (BPSR), Mr Dasuki Arabi, has assured that retirees would benefit from the pension reforms. He also assured that he would ensure that the reforms were effectively implemented in the interest of beneficiaries. Arabi made this known in Abuja on Wednesday at a stakeholders’ workshop on the Identification of

Nigerians’ spending on foreign education, healthcare and personal travels gulped over $98bn in 10 years, according to the Central Bank of Nigeria data. The CBN Governor, Olayemi Cardoso, who made the disclosure while addressing the House of Representatives on Tuesday, was responding to an inquiry by the lawmakers on the factors behind the rapid depreciation

Labour Party Chieftain in Enugu state Barrister Lucky Chukwu has alleged that result sheets for Enugu South urban state Constituency bye election have been rigged without the election holding yet. Chukwu who addressed newsmen by 9 am said that the Independent National Electoral Commission, INEC, has failed to produce the result sheets, alleging that the

Residents of Minna in Niger State yesterday stormed some major roads in the state capital, protesting the high cost of living, lamenting that the development is sending many Nigerians to early graves. But Governor Mohammed Umar Bago in his immediate reaction, blamed the protest on those he said were out to hijack trucks conveying foodstuffs

The Presidential Candidate of the Peoples Democratic Party (PDP), in the 2023 General Elections, Atiku Abubakar, has faulted President Bola Tinubu’s economic policies. Atiku explained that the President’s performance on the economic front over the past six to seven months has been disastrous. He said this in a statement, in Abuja, on Sunday. Atiku said,

Political economist, Prof Pat Utomi; 2023 presidential candidates of the Peoples Democratic Party and former Vice President, Atiku Abubakar; his counterparts in the Labour Party, Peter Obi; and the New Nigeria People’s Party, Rabiu Musa Kwankwaso, have commenced discussion with other stakeholders for a possible merger to wrest power from the All Progressives Congress in

The decision of the Central Bank of Nigeria, CBN, to relocate certain departments from its Abuja headquarters to Lagos has given rise to intense debates and controversies in recent weeks. While opinions regarding this move vary, with some, including the former Emir of Kano Sanusi Lamido, viewing it as a wise choice due to Lagos’

Uganda is betting its future on the development of its oil and gas riches, while it simultaneously unveils an energy transition plan to be financed by profits from those same hydrocarbon sales. The East African country anticipates a “long-term economic uplift” over the next 25 or more years as oil and gas revenues pour $8.6