9PSB (Payment Service Bank), a subsidiary of 9mobile, says it has been granted approval by the Central Bank of Nigeria (CBN) to commence operations in the country. 9mobile, in a statement on Saturday, said that its *990# payment service banking platform would help drive financial inclusion in Nigeria’s ecosystem. It said that CBN’s approval to 9PSB would also save bank customers from long queues in banking halls, consistent network failure, stringent documentations to access credit facilities and frequent transaction/dispensing error, among others. Speaking on 9PSB’s entrance into Nigeria’s financial sector, 9mobile Chief Executive Officer, Alan Sinfield, said there was a…
Author: Ayo Oye
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The Nigerian Ports Authority (NPA) says it is expecting 26 ships laden with petroleum products, food items and other goods in Lagos ports, from Aug. 29 to Sept. 6. The NPA made this known in its publication, `Shipping Position’, a copy of which was made available to the News Agency of Nigeria (NAN) in Lagos on Saturday. It said that the ships contained bulk sugar, frozen fish, bulk wheat, butane gas, automobile gasoline, salt, petrol, base oil, gypsum and general cargo. NPA also said that nine ships had arrived at the ports, waiting to berth with container, base oil, ethanol…
The Lagos State Chapter of the All Progressives Congress (APC) has confirmed that a former Commissioner for Finance in the state,Mr Tokunbo Abiru, is the party’s consensus candidate for the forthcoming Lagos East Senatorial bye-election. The party’s state Assistant Publicity Secretary, Mr Abiodun Salami, gave the confirmation in an interview with the News Agency of Nigeria (NAN)on Friday in Lagos . He said the choice of Abiru, who recently stepped down as CEO of Polaris Bank, was agreed upon by party elders, including the APC National Leader, Asiwaju Bola Tinubu. Salami said Abiru had been successfully screened at the party…
The Nigeria Customs Service (NCS) says it has so far auctioned 314 vehicles through its E-Auction platform. The Customs’ Public Relations Officer, Mr Joseph Attah, made this known in a statement in Abuja on Friday. Attah explained that the total reserved bid amount was N87.9 million while the total bid amount paid was about N151 million. He said the total number of cars paid for in the exercise as at Aug 25 was 187. Attah stated that anyone still in doubt could check the printout containing names of winners and their details. He said that since the reopening of the…
Gov. Abdullahi Ganduje has sworn in six judges for the Kano State High Court for speedy dispensation of justice. The Attorney General of the state, Mr Muhammad Lawal, administered the oath of office and allegiance on the new judges on Friday in Kano. Ganduje said that all the new judges were sworn in based on their individual merit and competence, having passed the accreditation tests and recommendations of the National Judicial Council (NJC). The governor said that the appointment would increase the number of judges and ensure quick dispensation of justice and fair hearing in the state.He said that the…
The COVID-19 recovery rate in Oyo State has reached 62.05 per cent, while the fatality rate stands at 1.2 per cent. This is contained in a data obtained from the microsite of the Nigerian Centre for Disease Control (NCDC). The health agency, in its daily COVID-19 situation report published on Friday, announced 99 new recoveries, bringing the total number of recovered and discharged patients in the state to 1,918. As of Friday the total number of COVID-19 cases recorded in the state stands at 3,091 following 31 new Coronavirus infections announced on Thursday night. According to the NCDC data, the…
The National Drug Law Enforcement Agency (NDLEA) has said it will not shy away from arresting notable drug barons in the country.The Chairman/Chief Executive Officer of the agency, Col. Muhammad Abdallah (rtd.), said this in Aba, the economic hub of Abia, on Friday during the public destruction of drug exhibits by the Abia office of the agency.Abdallah urged Nigerians to assist the agency with useful information on drug dealers in high places to fasttrack appropriate steps, saying that the agency required such information to work.He said the agency embarked on the public destruction of the exhibits “to get them out…
President Muhammadu Buhari has assured that Nigeria will continue to provide support for the Multinational Joint Task Force (MNJTF) based in N’djamena, Chad Republic. Mr Femi Adesina, the Special Adviser to the President on Media and Publicity, in a statement in Abuja on Friday said the president gave assurance when he received Amb. Mamman Nuhu , Executive Secretary, Lake Chad Basin Commission and Head of Mission, MNJTF. According to him, Nigeria will continue to provide the support in spite being at what he calls “the low ebb of resources caused by COVID-19 and fallen oil prices,” President Buhari said despite…
Mr Kevin Amugo, Director, Financial Policy and Regulation Department, CBN, on Friday said that talks were ongoing with other financial institutions, to bring them on board the Credit Risk Management System (CRMS). Amugo made the announcement at a webinar in Lagos, organised by CRC Credit Bureau Limited, in association with Dun and Bradstreet. The CBN director said that the sea routes to Global Standing Instruction policy(GSI) was the CRMS. The News Agency of Nigeria (NAN) reports that the theme for the meeting was: GSI and Credit Bureau: “Strengthening Credit and Collections Management in Nigeria “. ” We have started conversations…
The Nigeria Centre for Disease Control (NCDC) has activated the newly inaugurated Bayelsa State Molecular Laboratory, Research and Diagnostic Centre for COVID-19 testing. The facility, which was inaugurated by Gov. Douye Diri, brought the number of NCDC accredited laboratories in the country to 66 in 34 states. The Acting Chief Press Secretary to the Governor, Mr Daniel Alabrah, announced this in a statement made available to the News Agency of Nigeria (NAN) on Friday in Yenagoa. He said that the NCDC in a letter by the Laboratory Network Advisor, Celestina Obiekea, to the Bayelsa Commissioner for Health, stated that the…