Cash scarcity
19 Dec
Benue residents say they were facing severe financial difficulties as banks in the state grapple with a persistent cash crunch, forcing many customers to rely on Point of Sale (POS) terminals for everyday transactions. They bared their minds in an interview with the News Agency of Nigeria (NAN) on Wednesday in Makurdi. According to them,…
11 Dec
Some residents of Calabar have raised alarm over their inability to access cash from banks and Automated Teller Machines (ATM) stands in the city. The residents who spoke to the News Agency of Nigeria (NAN) in Calabar on Wednesday said that having access to cash had become more difficult in the past week NAN reports…
11 Dec
A few months after most banks claimed to have upgraded their digital infrastructure to serve their customers better, their services have deteriorated with users experiencing what appear to be the worst offerings seen so far.
26 Nov
Nigerians across the country are facing cash shortages as the festive season approaches. Some Automated Teller Machines (ATMs) dispense
Latest
5 mins ago
Former Kaduna State Governor, Nasir el-Rufai, sounded the alarm over a deepening rift between President Bola Ahmed Tinubu and the northern region yesterday, warning that the ruling All Progressives Congress (APC) risks political disaster akin to the downfall of the Peoples Democratic Party (PDP) in 2015.
19 mins ago
In his New Year speech, President Bola Tinubu threw the National Credit Guarantee System (NCGS) into the mix as a new initiative to provide the much-needed oxygen to the gasping micro, small and medium-scale enterprises (MSMEs).
20 mins ago
Almost 12 years after it last effected a price hike, Nigeria’s telecoms sector, yesterday, began the implementation of a new tariff.
20 mins ago
Abia State chapter of the Peoples Democratic Party (PDP) has suspended the Chairman of its Board of Trustees (BoT), Adolphus Wabara, over anti-party activities. But the National Working Committee (NEC) dismissed the suspension, describing it as illegal.
21 mins ago
The federal government’s directive that all Public-Private Partnership (PPP) agreements must strictly adhere to the dictates of the Infrastructure Concession Regulatory Commission (ICRC) Act partly exposes the lingering inefficiencies in infrastructure development and poor accountability in the system
21 mins ago
The Senate is set to receive the report on the revised N54.2 trillion 2025 budget estimates today or tomorrow, according to Senate President, Godswill Akpabio.
23 mins ago
As global energy dynamics evolve, stakeholders have highlighted the need for Africa to maximise its vast natural resources, promote local content and strengthen regional collaboration to secure a sustainable energy future.
24 mins ago
Marketsquare, Nigeria’s grocery retail chain, continues its expansion with the opening of its 35th and 36th stores in Purple Lekki, a residential community of Lekki, and Apapa Oshodi Expressway, Gbagada.
24 mins ago
The Nigeria Customs Service (NCS) has announced the suspension of the planned implementation of a four per cent Free-on-Board (FOB) charge on imports, as outlined in Section 18(1)(a) of the Nigeria Customs Service Act (NCSA) 2023.
24 mins ago
Nigeria can meet oil production targets and implement ambitious development programmes from deep-water oil and gas operations if it continues with policies to encourage investments and boost output in the sector, Managing Director, Shell Nigeria Exploration and Production Company Limited (SNEPCo,) Ronald Adams has said. “Deep water is a compelling consideration for Nigeria if the…