DIKKO: As Corruption Fights Back, Reforms Fight Harder: Card Payments, CCTV, Trackers and Digital Governance Takes Root
The Chairman and Sole Administrator of Pacesetter Transport Services (PTS), Dr. Salami Ibraheem Oladeji Dikko, has disclosed that the Oyo State Government has expended a total of #2.1 billion to subsidize transportation for residents across the state under the Sustainable Action for Economic Recovery (SAfER) initiative. Dr. Salami Dikko made this revelation on Monday during […]
CBN Clarifies NRBVN Charges for Nigerians in Diaspora, Reaffirms Commitment to Financial Inclusion
The Central Bank of Nigeria (CBN) has clarified recent speculations regarding charges related to the newly launched Non-Resident Bank Verification Number (NRBVN) platform, affirming that no hidden fees have been introduced and that the BVN enrolment for Nigerians residing within the country remains entirely free of charge. Making the clarification in Abuja on Friday, July […]
Microsoft, Like Meta And Google, Cuts Jobs To Fund Expensive AI Ambitions
Amid growing economic uncertainty and the soaring cost of artificial intelligence expansion, Microsoft has announced plans to lay off nearly 4% of its global workforce. The technology giant confirmed the job cuts on Wednesday, saying they are part of its strategy to control costs while making significant investments in AI infrastructure. The company, which employed […]
Tinubu Govt Says Nigerians Earning Below N250,000 Monthly Exempted From Income Tax
Nigerians earning less than N250,000 monthly will be exempt from income tax under new laws, according to Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms. Oyedele made the disclosure on Channels Television’s Politics Today shortly after President Bola Tinubu approved four new tax bills on Thursday. He stated that households […]
Iran-Israel: Petrol may hit N1,000/litre in Nigeria as oil price soars
Iran-Israel: Petrol may hit N1,000/litre in Nigeria as oil price soars Global crude oil prices may cross $80 per barrel this week, following the major escalation in tensions between the United States and Iran, with the oil market reacting sharply to reports of coordinated US-Israeli airstrikes on key Iranian nuclear facilities. This came as marketers […]
FG To Link Nigerians’ Credit Scores To NIN With Loan Defaulters Risking Their Passport And Other Penalties
The Federal Government is preparing to launch a new reform that will connect Nigerians’ credit scores to their National Identification Numbers (NIN). The move is designed to establish a unified and transparent credit system across the country. Managing Director of the Nigerian Consumer Credit Corporation (CREDICORP), Uzoma Nwagba, announced the development at a State House […]
Dókítà OTOPE Fèsì Sí Ìbéèrè Àwọn Arálù Pẹ̀lú Ìpín Kejì Ẹ̀bùn Epo ọfẹ́ Fún Àwọn Olokada Ní Ẹgbẹ́da
…Ìtẹ̀síwájú yìí yóó kà Olódo àti àwọn agbègbè to yí ká lẹ́yìn ìbáṣepọ̀ tó gbooro ní ìpín àkọ́kọ́ Nítorí ìbáṣepọ̀ tó lágbára àti ìfẹ́ tó pọ̀ láti ọ̀dọ̀ àwọn awakọ̀ Okada lẹ́yìn ìpín àkọ́kọ́, Ọ̀jọ̀gbọ́n Dókítà Temitope Oladimeji (OTOPE) ti kéde ìtẹ̀síwájú ìpín kejì ti Ètò Ẹ̀bùn Epo ọfẹ́ rẹ̀ fún àwọn awakọ̀ Okada ní […]
CBN Affirms Banking Sector Strength, Issues Transitional Guidance To Banks On Post-Forbearance
In a move aimed at calming market jitters and ensuring smooth transition from regulatory forbearance, the Central Bank of Nigeria (CBN) on Tuesday affirmed strength of the Nigerian bank sector revealing that it issued routine transitional guidance to banks navigating post-forbearance adjustments. Precisely, the central bank stated that the time-bound measures are for some banks […]
DANGOTE BEGINS NATIONWIDE FUEL DISTRIBUTION DESPITE TANKER BLOCKADE
The Dangote Petroleum Refinery has announced plans to begin a nationwide distribution of Premium Motor Spirit (petrol) and Automotive Gas Oil (diesel) starting from August 15. This was as fears of fuel scarcity mounted in Lagos and other parts of the country following the controversy surrounding the E-Call Up system of the Lagos State Government. […]
Petrol Is Not Expensive In Nigeria – Dangote Says
Aliko Dangote, the President of the Dangote Group, has named the road leading to the Dangote Refinery in honor of President Bola Ahmed Tinubu. Dangote spoke at the launch of the reconstruction of the Deep Sea Port Access Road in Lagos State on Thursday. He also said that it was a relief to see the […]