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Nigeria Interbank-Settlement System
The Central Bank of Nigeria (CBN) is taking steps meant to get more people embrace e-payment channels, especially Point of Sale (PoS) machine.
The Federal Government has directed the Central Bank of Nigeria (CBN), Nigeria InterBank Settlement System (NIBBS), the National Identity Management Commission (NIMC), to cooperate with the Joint Tax Board (JTB) in the release of relevant individual records.
The House of Representatives is to constitute an ad hoc investigative panel over the non-remittance of stamp duty by the Central Bank of Nigeria (CBN), money deposit banks and other collection agents.
With just one year to the Payment System Vision (PSV) 2020, the Central Bank of Nigeria (CBN) has disclosed that it has commenced a review of the project, just as it hinted of plan to set new targets under a refreshed version tagged PSV 2030.
According to Ajao, the TAT had been configured at 15 seconds in agreement with banks and processors. However, delayed responses from Issuers after this timeout in recent times could cause authorised debits not to return to the terminal before the set TAT.
The country’s taxpayer roll is set to hit 33 million, Chairman. This was disclosed by Mr. Tunde Fowler, Chairman, Joint Tax Board (JTB) and Executive Chairman, Federal Inland Revenue Service (FIRS) at the 142nd meeting of the JTB in Bauchi yesterday.
The Central Bank of Nigeria (CBN), on Saturday directed all commercial banks to resolve disputes arising from use of Unstructured Supplementary Service Data (USSD) channel within three days.
The Kaduna State Pension Bureau has announced that pensioners on the defined benefits scheme who have invalid or duplicate BVNs will be suspended from the pension payroll by July 2018.
The Central Bank of Nigeria (CBN) has directed banks to establish a database of their customers identified through their Bank Verification Numbers (BVNs) to be involved in confirmed fraudulent activities.
Barcelona defender Samuel Umtiti has tested positive for coronavirus but is not with the rest of the squad for their Champions League quarter-final with Bayern Munich.
Zimbabwe's influential Catholic bishops on Friday deplored an "unprecedented" government crackdown on dissent against a backdrop of economic ruin and allegations of rampant rights abuses.
The Ambassador of the Republic of Lebanon to Nigeria, Houssam Diab, has disclosed that majority of Nigerian girls in Lebanon were not trafficked into the country.
The Edo State Governor, Mr. Godwin Obaseki, has approved all outstanding promotions in the state public service.
A Yaba Chief Magistrates’ Court, Lagos, on Friday remanded two men in a Custodial Centre in Lagos, over alleged serial robberies, rape of one of their victims and receipt of stolen goods.
The Lagos State Government, in partnership with a software development company, has concluded plans to empower 1.5 million students in Computer-Based Test, CBT, preparation software in the state following several months’ lockdown of schools occasioned by the outbreak of the COVID-19 pandemic.
Thousands of Lebanese prepared Saturday for a major protest against a political leadership they blame for a monster explosion that killed more than 150 people and disfigured the capital Beirut.
Governors in the North-East have elected Borno State Governor, Prof. Babagana Zulum, as the pioneer chairman of their forum, for a period of two years..This was contained in a communique issued at the end of the forum’s second meeting, which held in Maiduguri on Saturday.
Crystal Palace are on the verge of missing out on Queens Park Ranger midfielder Eberechi Eze after failing to increase their offer for the player.
The Chief of Staff to the President, Prof Ibrahim Gambari, on Thursday, received some traditional rulers from Anambra State at the Presidential Villa, Abuja.