All fintech companies, also known as Point-of-Sale operators (PoS), are to register their businesses with the Corporate Affairs Commission (CAC) within two months. The commission disclosed this via its official X handle. It said this was the agreement reached at a meeting between Fintech companies and Hussaini Magaji,Continue Reading
The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to start charging 0.5% cybersecurity levy on transactions This was contained in a circular dated May 6, 2024 by the apex bank to all commercial, merchant, non-interest and payment service banks as well as mobile moneyContinue Reading
No fewer than 33,636 persons in Jigawa, Kano and Katsina States have benefited from assorted food items donated by the Saudi Arabia King Salman Humanitarian Aid and Relief Centre (KSrelief). This is contained in a statement by Mrs Zubaida Umar, Director-General of the National Emergency Management Agency, issued to newsmenContinue Reading
No ASUU Strike in UniAbuja, Student Shouldn’t Panic- VC Na’Allah The management of University of Abuja has said academic and administrative activities on campus would go on despite reported strike called by the Academic Staff Union of Universities (ASUU). In a meeting with Provost, deans, directors, and headsContinue Reading
The Defence Headquarters (Abuja) says defeat of terrorists terrorizing the country is non-negotiable. The Director of Defence Media Operations (DDMO) Major General Edward Buba made the declaration during the weekly briefing of the press on the ongoing military operations against terrorism, banditry, kidnapping, oil-theft, among others across the country. Continue Reading
The Nigerian Guild of Editors (NGE) has saluted Journalists for working under harsh economic conditions and reaffirmed that media freedom, freedom of expression and access to public information are crucial to democracy, which must be at the heart of Nigerian government’s values and actions. The professional body of editors andContinue Reading
The Nigeria Deposit Insurance Corporation (NDIC) has increased deposit insurance coverage for all licensed deposit-taking financial institutions. Speaking at a press briefing in Abuja on Thursday, the NDIC Managing Director/Chief Executive, Bello Hassan, said the coverage ensures that depositors will be reimbursed up to a certain limit for theirContinue Reading
The Nigerian in Diaspora Commission, (NiDCOM), has raised an alarm over what it described as a sinister plot being hatched by enemies of the good work the Commission is doing, saying such a blackmail against the agency’s CEO, Hon. Abike Dabiri Erewa, will fail as in the past. The pressContinue Reading
The operatives of the FCT police command have arrested two female suspects, Kulu Dogonyaro and Elizabeth Ojah, in connection with the trafficking of five children. The Public Relations Officer, SP Josephine Adeh, said in a statement available to The Reporters on Thursday that the suspects, who attempted to escapeContinue Reading
