Digital Financial Services
23 Feb 2024
Nigeria, like many other nations, is currently undergoing a transformative digital financial revolution that holds immense promise for financial inclusion and economic growth. However, with this surge in digital financial services comes an escalating need for robust security measures to safeguard against illicit financial activities. In this rapidly evolving landscape, the role of financial risk…
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2 mins ago
The Minister of Communication, Innovation and Digital Economy, Bosun Tijani, has justified the 50 percent tariff increase in services rendered by telecommunication outfits, saying it was due to inflation and rising costs of operation. The minister spoke while responding to questions at the 2025 budget defense session by the joint House of Representatives and Senate…
23 mins ago
Operatives of the Kaduna State Police Command have arrested suspected armed robbers and kidnappers in the state following a tip-off. DSP Mansir Hassan, the state’s police spokesperson, made this known in a statement on Tuesday as he explained how the arrests were carried out. He added that the four armed robbery suspects, Abubakar Alkamu (age…
27 mins ago
In a landmark development for Nigeria’s energy sector, Transgrid Enerco Limited has signed the Share Purchase Agreement (SPA) to acquire a 60 per cent equity stake in Eko Electricity Distribution Company (Eko DisCo). This transaction represents the first market-driven acquisition in the power sector, signaling a bold new era for electricity distribution in Nigeria. Transgrid…
34 mins ago
On the back of Monday's historic win over New Zealand, Nigeria's Junior Female Yellow Greens will hope to end the group stage of the 2025 ICC U-19 Women's T20 World Cup in style, when they come up against South Africa in their last group game on Wednesday. Although the ICC U-19 Women’s T20 World Cup…
56 mins ago
The Federal High Court sitting in Kaduna on Tuesday granted bail to another ally of ex-Governor Nasir El-Rufai, Senior Advisor Counselor Jimmy Lawal, and three others. The court demanded their international passports, two sureties each, and landed properties as conditions for their release on bail over allegations of fraud against the Kaduna State Government. The…
59 mins ago
The Ministry of Agriculture has confirmed an outbreak of highly pathogenic avian influenza, also known as bird flu, in a 3,000-capacity poultry farm in Iriebe, Obio/Akpor Local Government Area of Rivers State. The outbreak, reported on Thursday, January 17, 2025, was confirmed by the State Commissioner for Agriculture, Victor Kii, in a statement on Tuesday.…
1 hour ago
Manchester City announced Tuesday they had completed the signing of teenage defender Vitor Reis from Brazilian club Palmeiras for a reported fee of £29.6 million ($36.2 million). The 19-year-old Brazilian youth international has signed a four-and-a-half-year deal with the Premier League champions. "I'm excited to join Manchester City, one of the biggest clubs in the…
1 hour ago
The Federal High Court, Abuja, has dismissed a suit by the Incorporated Trustees of the Socio-Economic Rights and Accountability Project (SERAP) challenging the powers of the National Assembly to amend its budget in the 2024 Appropriation Act. Justice James Kolawole Omotosho ruled, among others, that SERAP lacked the locus standi to institute the suit. The…
1 hour ago
Canada vowed strong pushback while Mexico urged calm on Tuesday in the face of US President Donald Trump's trade threats that risk throwing their economies into disarray. The US president has accused both neighbors of being lax in preventing migrants and illicit drugs from coming into the United States, and called for a tightening of…
1 hour ago
Operatives of the Rivers State Police Command have arrested five suspects in connection with the kidnapping and murder of 34-year-old Rowland Speech Horsefall. A statement by the command's spokesperson, SP Grace Iringe-Koko, noted that the victim's mother, Gloria Iyenemi George, reported to the police that her son left home on September 10, 2024, to attend…