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NCC: Why we crashed USSD price cap

Today’s global economy is increasingly dependent on mobile technology. This is not just for telecommunications services but also for a number of other services offered by adjacent industries.

Insecurity, fraud clog financial inclusion stride

As fiscal and monetary authorities collaborate to ensure that Nigerians keep up the 63.6 per cent financial inclusion stride with the aim of attaining the set target of 20 per cent exclusion rate by 2020, the frightening series of bank robberies and frauds in the system may have put a lid on the agenda.

CBN, NDIC, others raise alarm over low-insurance patronage

Tackling low-insurance patronage in the country was the focal point of Friday when the Central Bank of Nigeria (CBN), the Nigerian Deposit Insurance Corporation (NDIC), the National Pension Commission (PenCom) and other members of the financial sector brainstormed in Abuja to unveil a new policy on deepening financial inclusion.

CBN: 36.6 million Nigerians have no access to financial services

The Central Bank of Nigeria says it has received information that 36.6 million Nigerians have no access to financial services.

Financial inclusion rate hits 63.6 percent in 2018

Managing Director, Nigeria Inter Bank Settlement System (NIBSS), Mr Niyi Ajao, says the nation’s financial inclusion rate has increased to 63.6 per cent in 2018 from 45.4 per cent recorded in 2016.

Keystone Bank partners NIPOST, launches agency banking

One of Nigeria’s most reliable financial institutions, Keystone Bank Limited has launched ‘KeyServ’ (An Agency Banking Proposition) to serve customers outside its conventional brick & Mortar mode of banking.

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Banco BTG Pactual SA

Nigerian oil field sale triggers police raid on Brazil’s largest bank

Brazil’s federal police on Friday raided the headquarters of Latin America’s largest independent investment bank, Banco BTG Pactual SA, and the addresses of its founder Andre Esteves, federal prosecutors said in a statement.

Minimum wage negotiations to continue September 4

The Joint National Public Service Negotiating Council (JNPSNC), and representatives of the Federal Government will reconvene on Sept. 4 to continue negotiations on the new national minimum wage.

Ministry speaks on video showing ‘harassment’ of foreign affairs minister in Vienna

The Ministry of Foreign Affairs has dismissed a video that has gone viral on social media showing the Minister of Foreign Affairs, Geoffrey Onyeama, being chased out of a meeting in Vienna, Austria.
The Nigeria Immigration Service (NIS) generated N39.06 billion in 2018 as against N35.72 billion it generated as local revenue in 2017, the National Bureau of Statistics (NBS) said.

NIS commences e-registration of immigrants

Zone ‘A’ headquarters of the Nigeria Immigration Service, NIS Ikeja, Lagos, has kicked off the e-registration exercise of migrants in line with the Federal Government directive.
Vehicles seized by the military for transporting Boko Haram insurgents’ fishery products to Maiduguri markets

Nigerian Army: Boko Haram engaging in fishery trade to fund insurgency

The Nigerian Army has warned traders and Borno communities against engaging in illegal fishery trade with Boko Haram insurgents.