Flutterwave, Africa’s leading payments technology company, announced today that its online merchants in Nigeria can now accept American Express payments. This new capability allows American Express Card Members, including those with consumer, business, or corporate cards, to make payments directly to e-commerce businesses using Flutterwave’s platform in Nigeria. The service is set to expand to…
The Kano State Public Complaints and Anti-Corruption Commission (PCACC) has escalated its investigation into an alleged procurement scandal involving the diversion of ₦440 million from local government funds. The probe is focused on claims that approximately ₦10 million was illicitly siphoned from each of the 44 local government accounts to Novomed Pharmaceuticals for medical supplies,…
Maria Branyas Morera, recognized as the world’s oldest living person, has passed away at the age of 117. Branyas, who was born in the United States and lived through both World Wars, died peacefully in her sleep, her family confirmed on Tuesday. In a statement posted on her account on social media platform X, her…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPC) has reported a record net profit of ₦3.297 trillion for the financial year ending December 2023, marking a significant 28 percent increase from the ₦2.548 trillion profit recorded in 2022. This ₦700 billion surge highlights the company’s continued financial growth and operational resilience. At a…
The Central Bank of Nigeria (CBN) has announced a substantial increase in remittance inflows, reaching $553 million in July 2024, marking a 130% rise compared to the same period in 2023. This figure represents the highest monthly total inflows ever recorded, reflecting the CBN’s successful efforts to boost liquidity in Nigeria’s foreign exchange market. In…
Troops of the Multinational Joint Task Force (MNJTF) deployed in Sector 3 Mongunu, in collaboration with intelligence operatives and the Civilian Joint Task Force (CJTF), have successfully intercepted a Boko Haram/ISWAP logistics supply syndicate at Cross Kauwa Market in Mongunu, Borno State. Lieutenant Colonel Olaniyi Osoba, Chief Military Information Officer at HQ MNJTF N’Djamena, Chad,…
The World Health Organization (WHO) has assured that the ongoing mpox outbreak is not comparable to the Covid-19 pandemic, emphasizing that much is already known about the virus and the measures needed to control its spread. Speaking on Tuesday, WHO’s European Regional Director, Hans Kluge, acknowledged that while further research is needed on the Clade…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has expressed grave concerns over the ongoing shortage of Premium Motor Spirit (PMS), commonly known as petrol, which has severely impacted its members across the country amid widespread fuel scarcity. Representing over 3,000 members and controlling a significant portion of Nigeria’s filling stations, IPMAN has accused the…
The Nigerian National Petroleum Company Limited (NNPCL) has confirmed that the Federal Government is subsidizing the petrol it imports into the country. Despite denying any direct payment of fuel subsidies to marketers over the past nine months, the NNPCL clarified that the government allows it to sell petrol at a price below the landing cost….
