Explosive Growth In E-Payment Transactions In Nigeria

Explosive Growth in e-Payment Transactions in Nigeria

In the first three months of 2024, Nigeria witnessed a staggering surge in e-Payment transactions, as reported by the Nigeria Inter-Bank Settlement System (NIBSS). The total transaction volume skyrocketed to an impressive N234 trillion, marking an astounding 89.3% increase from the N123.8 trillion recorded during the same period in 2023. This meteoric rise underscores the…

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Vandalism Strikes Power Infrastructure: Transmission Company Of Nigeria (Tcn) Reports Damage To Transmission Line Towers

Vandalism Strikes Power Infrastructure: Transmission Company of Nigeria (TCN) Reports Damage to Transmission Line Towers

The Transmission Company of Nigeria (TCN) has reported a significant incident of vandalism, wherein four towers on the Jos-Gombe 330 Kilovolt (kV) transmission line were damaged. This act of vandalism occurred around 3:32 pm on Monday, disrupting vital power transmission infrastructure. Ndidi Mbah, the TCN general manager of public affairs, confirmed the incident and highlighted…

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The Fccpc Summons And Closes Down A Chinese Supermarket Over Discrimination Against Nigerians.

The FCCPC summons and closes down a Chinese supermarket over discrimination against Nigerians.

In a rapid response to allegations of discrimination, the Federal Competition and Consumer Protection Commission (FCCPC) has taken decisive action against a Chinese supermarket situated in the Federal Capital Territory. Reports emerged concerning the supermarket’s purported policy of exclusively permitting individuals of Chinese descent to enter its premises, sparking outrage among Nigerians. The controversy gained…

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Nigerian Navy Discloses Cutting-Edge Offshore Survey Vessel For Enhanced Security And Economic Growth

Nigerian Navy Discloses Cutting-Edge Offshore Survey Vessel for Enhanced Security and Economic Growth

The Nigerian Navy acquires OSV 115, a state-of-the-art Offshore Survey Vessel crafted by esteemed French shipbuilder OCEA SA, represents a pivotal moment in bolstering the nation’s maritime capabilities. At 35 meters long, this vessel stands as a testament to Nigeria’s commitment to enhancing its naval operations, particularly in the realm of scientific hydrographic and oceanographic…

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Gen Danjuma,Former Defence Minister Urges Nigerians To End Violence For National Progress

Gen Danjuma,Former Defence Minister Urges Nigerians to End Violence for National Progress

Former Defence Minister, Gen Danjuma (rtd), delivered a poignant appeal to Nigerians during the inauguration of the 2024 Nwonyo International Fishing and Cultural Festival in Ibi, Taraba State. Highlighting the urgency of the situation, he implored citizens to cease the violence plaguing the nation, emphasizing that sustainable progress hinges on peace. Expressing concern over Nigeria’s…

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President Bola Ahmed Tinubu Champions Nigeria'S Investment Climate, Boosting Economic Growth With Strategic Bilateral Trade Moves

President Bola Ahmed Tinubu Champions Nigeria’s Investment Climate, Boosting Economic Growth with Strategic Bilateral Trade Moves

President Bola Ahmed Tinubu, in a strategic move to bolster Nigeria’s economic landscape, emphasized the nation’s improved investment climate. Addressing Ambassador Kim Pan Kyu during the presentation of credentials, President Bola Ahmed Tinubu underscored Nigeria’s potential as a lucrative market for Korean products. By extending an invitation to South Korean companies, President Bola Ahmed Tinubu…

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The Nigeria Correctional Service Blatantly Denies Bobrisky Relocation Rumors, Maintains Ikoyi Custodial Status

The Nigeria Correctional Service Blatantly Denies Bobrisky Relocation Rumors, Maintains Ikoyi Custodial Status

The Nigeria Correctional Service (NCoS) has refuted claims circulating on social media regarding the relocation of Idris Okuneye, famously known as Bobrisky, from the Ikoyi custodial center to the Kirikiri facility. Despite speculations over the past weekend suggesting a move to Kirikiri Prison, an official statement from the Nigeria Correctional Service (NCoS) clarified that Bobrisky…

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Mallam Nuhu Ribadu Raises Concerns Of Escalating Presence Of Illicit Firearms In Northern Nigeria

Mallam Nuhu Ribadu Raises Concerns Of Escalating Presence of Illicit Firearms in Northern Nigeria

Mallam Nuhu Ribadu, the National Security Adviser to the President, has sounded the alarm regarding the growing proliferation of illicit firearms in the Northern region of Nigeria. Speaking at the convocation ceremony of Usmanu Danfodiyo University in Sokoto, Ribadu expressed deep apprehension over the situation, particularly emphasizing the significant impact on the North-West region. He…

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Minister Heineken Lokpobiri Clarifies Petrol Subsidy Reinstatement Rumour For Nigerians

Minister Heineken Lokpobiri Clarifies Petrol Subsidy Reinstatement Rumour for Nigerians

In a resolute stance against speculation, Minister Heineken Lokpobiri has unequivocally denied rumors regarding the reinstatement of petrol subsidy. Minister Heineken Lokpobiri’s firm declaration underscores the gravity of the matter, reaffirming the government’s steadfast position following the removal of the subsidy. With unwavering conviction, he challenges those propagating such assertions to furnish concrete evidence in…

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