Business

Navigating the future of contactless payments in Africa

DailyTimesNGR DailyTimesNGR 7 March 2024 0

By Raji Ahmed The global payment landscape has evolved dramatically from cash transactions and electronic transfers to the convenience of swiping or tapping smartphones, wearable devices, or payment cards at point-of-sale (POS) terminals equipped with near-field communication (NFC) technology.

Business

Firms forge alliance to enhance digital payment experience

DailyTimesNGR DailyTimesNGR 23 January 2024 0

By Motolani Oseni Africa’s digital payment platform, Interswitch, has secured collaboration with OPay, to redefine the digital payment experience, providing users with a secure and frictionless payment solution. Through its Payment Gateway, Interswitch will enable OPay users to seamlessly make direct payments for goods and services on merchants’ websites from

News

FG begins payment of salary increment

Ihesiulo Grace 24 April 2023 0

The Federal Government has begun the payment of the approved pay rise to civil servants in the country. Recall that the Minister of Labour and Employment, Chris Ngige, disclosed in March that the Federal Government had approved a pay rise for civil servants. He said that the pay rise had been included in the 2023 […]

Featured

Ebonyi to start payment of N30,000 new minimum wage by Jan.10

Ihesiulo Grace 3 January 2020 0

Abakaliki – Gov. David Umahi of Ebonyi has directed that the new minimum wage be paid to civil servants in Ebonyi by Jan.10, 2020. The directive which was contained a statement signed by the governor’s Special Assistant (SA) on Media, Mr Francis Nwaze, directed the state Accountant General and all Local Government Area (LGA) Chairmen […]

Business Featured

Pensioners beg FG over speedy payment of N20b arrears

Ihesiulo Grace 12 December 2019 0

Abuja – The Nigeria Union of Pensioners on Wednesday called on the Federal Government to speed up processes for payment of N20 billion arrears owed contributory pensioners in the country. The Association’s President, Mr Abel Afolayan, who made this call at the 18th Edition of Pensioners Day in Abuja, alleged that contributory pensioners had not […]

News Politics

Ikpeazu restates commitment to payment of salaries, pensions, women

Ihesiulo Grace 2 January 2018 0

Governor Okezie Ikpeazu of Abia State on Monday said no governor in the country is more committed to the payment of salaries and pensions than him. Gov. Ikpeazu made this assertion in Umuahia while addressing Abians in his New Year message, stating also that his administration will pay more attention to the empowerment of women […]

Sports

Rivers Utd protest non-payment of 2014/15 Sign On Fees

Ihesiulo Grace 20 December 2017 0

Rivers United FC players abandoned training on Tuesday to stage a peaceful protest at the Government House in Port Harcourt over the non-payment of their sign on fees for the 2014/2015 season. The some of the players carried placard with various inscriptions asking the government to pay up the outstanding monies owed them. Some of […]

Money

Kano monthly salary payment hits N9b-Ganduje

Ihesiulo Grace 7 December 2017 0

The Kano State Governor, Dr. Abdullahi Ganduje, has said that total sum of N9billion is being spent on a monthly basis for payment of workers’ salaries. Although, he pointed out that his administration is committed and concern about it workers, even when most state governments have not been able to pay salaries as a result […]

Business

Nestlé’s register closure begins today

Ihesiulo Grace 27 November 2017 0

Nestle Nigeria Plc has announced that its register for interim dividend payment will close on Monday 27th November to 1st December, 2017. This will be followed by payment of the proposed interim dividend on 11th December, to members of the company whose names appear in the register by the date of its closure. Nestle Nigeria […]

Business

PTAD pays 33 per cent pension arrears to beneficiaries

Ihesiulo Grace 22 November 2017 0

The Pension Transitional Arrangement Directorate PTAD, on Tuesday, said that it has paid all pensioners under the Defined Benefit Scheme (DBS) another installment of the 33% arrears owed. In a statement by the Deputy Director of Communication, Mr. Emma Okondo, PTAD said that the categories of pensioners that benefited are Police pensioners, Nigeria Security and […]

News

Ikoyigate: Court orders forfeiture of flat where EFCC discovered N13bn

Ihesiulo Grace 9 November 2017 0

The Federal High Court in Lagos has ordered the temporary forfeiture of Flat 7B Osborne Towers, Ikoyi, Lagos where the sums of $43,449,947, £27,800 and N23,218,000 were discovered stashed in iron cabinets and “Ghana-must-go” bags in April. Justice Saliu Saidu ordered the forfeiture of the building to the Federal Government on Thursday following an ex […]

Edo Times

Edo pensioners parley Obaseki, admit regular payment of monthly entitlements

Ihesiulo Grace 9 November 2017 0

In what can be described as a watershed in the running battle between pensioners and the Edo state government, Governor Godwin Obaseki on Monday met with the pension union executives and organised labour in the state, where the pensioners admitted that their monthly pension payments were regular and as and when due. A fallout of […]

Business

Digital sector: FDI hits $1bn, as e-commerce, payment platform gaining attraction – KPMG

Ihesiulo Grace 26 October 2017 0

KPMG has disclosed that Foreign Direct Investment, FDI, into the Nigeria digital space over the last year is almost $1 billion, with the most significant investments going to e-commerce and payment platform companies. Speaking during a press briefing on KPMG Digital Summit 2017 themed: “Leading through Digital,” in Lagos, Boye Ademola, Partner and Lead, Digital […]

Tech

E-PPAN beckons stakeholders to discuss big data analytics in combating payment fraud

Ihesiulo Grace 17 October 2017 0

The Electronic Payment Providers Association of Nigeria (E-PPAN) has beckoned on stakeholders for discussions at the 8th annual payment systems and fraud conference which will focus on ‘Leveraging Big Data Analytics in Combating Payment Fraud’. The Annual Payment System and Fraud Conference which is E-PPAN’s veritable rallying ground for the financial industry and its ally

Headlines News

FG okays payment of N2.7trn to contractors, employees liabilities

Ihesiulo Grace 13 July 2017 0

The federal government has approved the Ministry of Finance’s proposed validation process and promissory note and debt issuance programme to resolve a number of inherited and long outstanding Federal Government obligations to contractors, State governments and employees totaling N2.7 trillion. Obligations accumulated over the last two decades to be paid through bond and