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Nigeria Interbank-Settlement System

Central bank sets new rules to improve PoS deployment, usage

The Central Bank of Nigeria (CBN) is taking steps meant to get more people embrace e-payment channels, especially Point of Sale (PoS) machine.

New tax ID: Federal government directs central bank, others to synergise with JTB

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.

House of Reps to investigate CBN, banks, others over stamp duties non-remittance

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.

Central bank mulls extension of payment system vision to 2030

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.
Point of Sale - POS

NIBSS, others move to tackle e-payment failures

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.

Tunde Fowler: Nigeria’s taxpayer population hits 33 million

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.
Central Bank of Nigeria - CBN

Central bank directs banks to resolve USSD disputes in three days

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.

Kaduna government threatens to suspend benefits to pensioners with invalid BVNs

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.

Central bank orders banks to keep database of fraudulent customers

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.

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Barcelona directors have placed defender Samuel Umtiti on the transfer list as they are prepared to listen to offers for the World Cup winner.

Barcelona defender tests positive for coronavirus

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.

Zimbabwe bishops denounce ‘unprecedented’ state crackdown

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.

Majority of Nigerian ladies in Lebanon not smuggled – envoy

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 Judicial Commission of Inquiry set up by Governor Godwin Obaseki to investigate the construction of the Edo Specialist Hospital and supply of equipment has indicted former governor, Adams Oshiomhole.

Governor Obaseki approves all outstanding promotions in public service

The Edo State Governor, Mr. Godwin Obaseki, has approved all outstanding promotions in the state public service.

Court remands two men over ‘serial robberies with knife, rape’

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.