The second phase of the cashless policy which will commence from July this year is expected raise the value of electronic funds transfer in the country to N160 billion per day, the Chief Executive Officer, Electronic Payment Providers Association of Nigeria (E-PPAN), Mrs. Onajite Regha, has said.
Updated 6 Years ago

The Central Bank of Nigeria (CBN) Thursday revealed that the ratio of Non-performing Loans (NPLs) in the Nigerian banking industry have reduced to an average of 3.8 per cent as at April this year, compared to the 35 percent it was as at November 2010.
Updated 6 Years ago

A group which described itself as Movement for Oneness and Jihad in West Africa (MUJAO) has claimed responsibility for a twin suicide bomb attack on Thursday morning at the Nigeria/Niger border in which over 20 Nigerien soldiers were killed.
Updated 6 Years ago

The world spoke yesterday against Wednesday’s killing of a British soldier in Southeast London by two men identified as British with Nigerian descent. British Prime Minister David Cameron described the incident as a terror attack.
Updated 6 Years ago

The Kano State Police Command Thursday disclosed that 16 months after the attack on the state by terrorists, which claimed the lives of about 192 people, including 40 police officers, the families of the slain officers are yet to be compensated by the federal government.
Updated 6 Years ago

Newly elected President General of Ohanaeze Ndigbo, Gary Igariwe, has said that the South East geo-political zone is not interested in endorsing President Goodluck Jonathan for another term. He said the zone is rather interested in producing the next President after Jonathan had exited power.
Updated 6 Years ago

President Goodluck Jonathan is expected to officially flag off the construction of the multi-billion naira Zungeru Hydro electric dam project in Wushishi local government area, the fourth electric dam in Niger State. Though details of the visit is still sketchy, the event is part of activities lined up for his one day working visit to the state.
Updated 6 Years ago

The President’s acquisition of powers to spend the cash allocated to Borno, Yobe and Adamawa, the states under a state of emergency, has been rejected by the main opposition party and senior lawyers. The Action Congress of Nigeria (ACN) and senior lawyers faulted yesterday the wide powers granted Dr. Goodluck Jonathan.
Updated 6 Years ago

The Peoples Democratic Party (PDP) candidate in the October 20, 2012 governorship election in Ondo State, Chief Olusola Oke, has filed an appeal against the judgment of the state Election Petitions Tribunal which upheld the results of the election and returned Governor Olusegun Mimiko as the winner.
Updated 6 Years ago

Three separate meetings have been slated to take place today to determine who will become the chairman of the Nigerian Governors’ Forum (NGF). The meetings are that of the Northern States Governors’ Forum (NSGF), the Peoples Democratic Party (PDP) Governors’ Forum and the NGF.
Updated 6 Years ago