Nigerian Banks Face January 2027 Deadline to Move Payment Data HomeNigerian banks, fintech companies and other payment operators are facing increasing pressure as the January 1, 2027 deadline for payment data localisation approaches. The Central Bank of Nigeria has directed financial institutions and payment service providers to ensure that payment transaction data generated in Nigeria…
More than 40,000 women in Katsina State are set to benefit from a new business-capital intervention launched under the Nigeria for Women Programme Scale-Up project. Vice President Kashim Shettima flagged off the disbursement of the Community Investment Fund in Katsina on Sunday. The programme is designed to provide additional capital to women who have participated…
New York City Mayor Zohran Mamdani has praised Nigeria’s global cultural influence, saying Nigerians have played an important role in shaping the character and success of New York City. Mamdani made the remarks during Nigeria’s 66th Independence Day Carnival in New York. The event brought together Nigerian diplomats, community leaders and members of the Nigerian…
The families of 20 prospective National Youth Service Corps members abducted in Imo State are appealing for urgent help as security agencies continue efforts to rescue the victims. The prospective corps members were travelling from Ibadan towards orientation camps in Abia and Akwa Ibom states when gunmen reportedly attacked two buses along the Owerri-Onitsha Expressway…
Police operatives in Sokoto State say they have foiled an attack by suspected bandits and recovered two rocket launchers and other items from the attackers. The incident occurred at Tsabre Village in Isa Local Government Area of the state at about 1 a.m. on Friday, according to the Sokoto State Police Command. Police spokesperson Ahmad…
The Military Pensions Board has commenced implementation of newly approved pension rates and payment of applicable arrears to military pensioners. The board announced that the new rates followed adjustments arising from the new National Minimum Wage. According to the Military Pensions Board, the revised pension rates have been implemented and the applicable arrears processed for…
The Presidency has called for wider adoption of electric vehicles across Nigeria as a private initiative begins rolling out electric vehicles for transportation in Abuja. The Senior Special Assistant to the President on Transportation and Mobility, Prince Adetokunbo Ade-John, made the call during the launch of the ProTaxi e-hailing platform in Abuja. The initiative, operated…
SA political realignment has been reported in Oyo State after a Peoples Democratic Party candidate and an Accord aspirant joined the All Progressives Congress alongside thousands of supporters. Hammed Ademola, the PDP candidate for Ibadan North-East State Constituency 2 in the 2027 general elections, reportedly joined the APC on Friday. Adedapo Ojo, an Accord aspirant…
Traders at the Kugbo Furniture Market in Abuja are counting their losses after a fire destroyed 21 shops and a vehicle. The fire outbreak occurred on Friday and prompted an emergency response involving the National Emergency Management Agency and the Federal Fire Service. NEMA said it received a distress call about the incident at approximately…
MINISTER SAYS Nigeria’s crude oil production has increased by more than 80 per cent since 2023, according to Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri. Lokpobiri made the statement in Yenagoa, Bayelsa State, while discussing developments in the country’s oil and gas industry. According to the minister, Nigeria was producing less than one…