Author: Ifetayo Adeniyi

Electronic transactions rise to 79%, record high N1.08qd in 2024 – NIBSS Electronic transaction The value of electronic transactions in Nigeria rose by 79 per cent in 2024 compared to the previous year, reaching a record high of N1.08 quadrillion. This is according to the latest data from the Nigeria Inter-Bank Settlement System on NIBSS Instant Payments. NIBSS Instant Payments is an account-number-based, online, real-time inter-bank payment solution developed in 2011 by NIBSS. It guarantees instant value to the beneficiary. An analysis of the monthly data provided showed that the value of electronic transactions grew steadily in 2024, from N72.11…

Ododo stops Daily Revenue Collection of Unions Kogi State Governor, Usman Ododo Ododo stops Daily Revenue Collection of Unions. Usman Ododo, the Kogi State Government has banned trade unions from collecting daily revenue in all 21 local government areas of the state. Governor Usman Ododo, represented by the Commissioner for Information, Kingsley Fanwo, announced the decision on Wednesday at a stakeholders meeting in Kogi State, stating that the government would continue to support individuals and groups in ways that contribute to the state’s development. He said, “In 2017, the Kogi State Revenue Harmonisation Law introduced the Infrastructure Maintenance Levy (IML)—a…

UK appoints British-Nigerian, Florence as trade envoy Florence Eshalomi UK appoints British-Nigerian, Florence as trade envoy to strengthen economy. Florence Eshalomi, British-Nigerian politician, has been chosen as the United Kingdom’s trade envoy to Nigeria. This appointment makes Eshalomi the second Nigerian to hold the position. On X on Tuesday, she confirmed by writing: “It is an honour to have been appointed as the United Kingdom’s Trade Envoy to Nigeria. “I’m looking forward to building on my close ties with Nigeria to promote a strong and flourishing economic relationship between our two great nations. “I am looking forward to strengthening the…

Retaliate Africa Cup of Nations, win 2025 games in Morocco – Chelle Super Eagles head coach, Eric Chelle Retaliate Africa Cup of Nations, win 2025 games in Morocco – Chelle Nigeria’s Super Eagles head coach, Eric Chelle has stated that the team’s goal is to avenge their 2023 Africa Cup of Nations (AFCON) final loss and win the 2025 tournament in Morocco. Nigeria lost 2-1 to hosts Ivory Coast in the final of the 2023 AFCON, as the country’s search for a fourth AFCON title continues. Speaking after the AFCON 2025 draw on Monday, where Nigeria was placed in Group…

NAICOM partners NCAA on Aviation Matters forming  Technical Committee NAICOM partners NCAA on Aviation Matters forming  Technical Committee. The National Insurance Commission (NAICOM), has collaborated with the Nigerian Civil Aviation Authority (NCCA) to constitute a Joint Technical Committee on aviation related matters. NAICOM, said the primary objective of the committee was to reaffirm the commission’s long-standing commitment to safeguarding the interests of policyholders. NAICOM, said in the event of any accident or incident, the committee would ensure that all affected third parties received fair compensation and would be properly indemnified. At the committee inauguration ceremony which took place at NAICOM’s…

Oluremi Tinubu ready to give kits to midwives in Nigeria Nigeria’s First Lady Oluremi Tinubu Oluremi Tinubu ready to give kits to midwives in Nigeria. First Lady Senator Oluremi Tinubu’s Renewed Hope Initiative (RHI) has concluded plans to distribute 60,000 kits to midwives across the six geopolitical zones of Nigeria. This is aimed at complementing the ongoing federal retraining exercise of 120,000 frontline health workers in the country. Senator Tinubu hinted this in Ilorin, Kwara State, at the presentation of 10,000 professional kits to midwives in the North Central Zone comprising Niger, Benue, Plateau, Nasarawa, Kwara, Kogi, and the Federal…

FG, Portsmouth University sign MoU to strengthen in-country capacity in oil & gas The Federal Government has taken another bold step in its quest to build human capacity in the oil and gas sector through the signing of a Memorandum of Understanding (MoU) with the University of Portsmouth (UoP), UK. This was made known in a statement signed by the SA Media and Communication to the Minister, Nneamaka Okafor on Wednesday. The partnership aims to facilitate resource exchange for training Nigerians in-country, aligning with global energy transition trends while boosting local expertise in the sector. Speaking at the signing ceremony,…

Fidelity Bank Chairman, Chike-Obi recognized with Lifetime Achievement Award Mr Mustafa Chike-Obi Fidelity Bank Chairman, Chike-Obi recognized with Lifetime Achievement Award Following his exceptional leadership and contributions to banking and finance, the Board Chairman of Fidelity Bank Plc, Mr Mustafa Chike-Obi, has been presented the Lifetime Achievement Award at the Thisday Awards. During a well-attended event featuring leaders across Nigeria’s public and private sectors, the erudite banking professional joined a host of awardees who were recognized for their leadership across various sectors of the economy. Lauding the event organisers for the recognition, Chike-Obi said, “This is one of the proudest…

Ochoga Elected Correspondents Chapel, NUJ, Edo NUJ Patrick Ese Ochoga Ochoga Elected Correspondents Chapel, NUJ, Edo NUJ. Patrick Ese Ochoga, an award-winning Nigerian journalist with over 15 years of experience in journalism and media public relations, has been elected as the chairman of the Edo State Correspondents Chapel of the Nigeria Union of Journalists (NUJ). Ochoga, who serves as the Edo State correspondent for Leadership Newspaper, has built a distinguished career marked by excellence and professionalism. In recognition of his contributions to journalism, he received the Edo Icon Award in 2023. His international experience includes coordinating media activities for the…

Victor Ojelabi honoured with Personality of the Year 2024 Rtn. Victor Ojelabi, CEO of Freelart Limited and publisher of Freelanews An international organisation promoting peace and harmony, the Chinmaya Foundation,  has named Rtn. Victor Ojelabi, CEO of Freelart Limited and publisher of Freelanews, with the Personality of the Year Award 2024. The award, part of the Honorary Awards for Excellent Personalities of the World, was announced during the foundation’s 15th anniversary celebration in India. At the first phase of the international Zoom and Google conference, 21 outstanding individuals from various countries received the Personality of the Year Award 2024. Additionally,…