Archives for February 3, 2025
Mobile money operators processed N71.5trn transactions in 2024: NIBSS
Nigeria’s mobile money sector experienced expansion in 2024, with licensed operators, processing transactions worth trillion between January and December. This represents a surge from the trillion recorded in 2023,…
Telcos defend 50% tariff hike, warn of sector collapse if unimplemented
Nigeria’s telecommunications industry faces a looming financial crisis, with operators citing unsustainable operating costs and an outdated tariff structure as major challenges. Industry leaders have issued warnings that…
Dangote price slash: Marketers with imported fuel fear losses
Dangote The decision by the Dangote Petroleum Refinery to reduce the ex-depot price of Premium Motor Spirit (petrol) on Saturday night came at huge costs to many petroleum marketers, The…
Power consumers kick As Government Plans Electricity tariff hike, Ends Subsidy
BY NGOZI ONYEAKUSI Power consumer have opposed plans by the Federal Government to raise electricity tariffs by over 66 per cent, from to per kilowatt-hour. The Special Adviser to…
23,673 Disengaged Workers Cash Out With N33bn – PenCom
BY NGOZI ONYEAKUSI DG, PenCom Disengaged workers totalling 23,673 withdrew a total of from their Retirement Savings Accounts in the third quarter of 2024 the National Pension Commission (PenCom) has…
The Nigeria Prizes Spotlight AI, Digital Innovation, Prose Literature in 2025 edition
BY NGOZI ONYEAKUSI The Nigeria Prize for Science and The Nigeria Prize for Literature have opened submissions for their 2025 awards. This year, the Science Prize is looking for innovations…
Suspected fraudsters disguised as assassins to defraud journalist, demand N20 million ransom
BY NGOZI ONYEAKUSI Suspected fraudsters disguising as assassins have threatened to eliminate the Founder of Penpushing Media, Dimeji Kayode-Adedeji, with an option to spare him if he could cough out…
Ecobank Rewards Winners With N42m in Total Prize Money
BY NGOZI ONYEAKUSI Head, Consumer Products & Segments, Ecobank Nigeria, Victor Yalokwu; one of the lucky winners of N500, in quarterly draws category, Aminat Adefaka; Head, Consumer Banking, Ecobank Nigeria,…
Albinism Association Urges Fed Government On Free skin Cancer Treatment
BY NGOZI ONYEAKUSI Dr Bamishe Albinism Association of Nigeria (AAN) has urged the Federal Ministry of Health to integrate free and subsidized skin cancer treatment for all their members…