Payment
Firm restates commitment to enhance financial inclusion
Nigeria-based fintech solution, NowNow, has said that it will continue to upgrade its services to attune to current realities, such that will drive economic and social growth. Founder of NowNow, Sahir Berry, while speaking on how COVID-19 pandemic has disrupted the financial space recently, mentioned that Nigeria needs to strengthen its fintech space more than before. Berry stated that it was important for Nigeria to tap into the trends and prospects of fintech given the country’s large unbanked or underbanked. He added the company recognised this gap in Nigeria, which informed its investment in the space. “In 2017 we identified that one of the two big problems in Nigeria was lack of youth empowerment and financial inclusion. With a population of almost 100 million youths, we found that ac...
Niger, Labour parley on slash in workers’ salaries ended in deadlock
The parley between officials of the Niger State Government and organised labour over the planned slash in workers’ salaries effective from November, which was held in Minna on Thursday, has ended in a deadlock. The government team was led by the Secretary to the State Government (SSG), Alhaji Ahmed Ibrahim Matane, while the Chairmen of state chapter of the Nigeria Labour Congress (NLC), Yakubu Garba, and Trade Union Congress (TUC), Tanimu Yunusa, led the team for the organised labour. The meeting, newsmen learnt, did not convince representatives of labour on the need to slash workers’ salaries, resulting in both parties leaving the venue without any agreement. It was however gathered that the representatives of organised labour, at the meeting, punctured the claim by the government that it...
Rollercoaster: Bitcoiners who missed rally feel relief and regret
Arianna O’Dell, a 30-year-old entrepreneur and songwriter based in New York City, had a tumultuous four-year journey in cryptocurrency before selling her investments in February. During her rollercoaster ride, bitcoin prices swung from less than $1,000 to nearly $20,000. O’Dell may not have made optimal decisions about when to buy or sell, and missed out on the recent rally – but said she does not regret that. Investing $2,705 worth of proceeds into her business was better than enduring the stress of daily fluctuations, even though the price has since doubled, she said. “Honestly, I’ve had more luck in Vegas than I’ve had with cryptocurrencies,” O’Dell said in an interview. She is part of a relatively new class of retail investors who joined the cryptocurrency market years ago, helping pro...
SAN: Former Kogi assemblyman sues LPPC over nominee
Former member representing Igalamela/Odolu State Constituency and Chairman of Public Accounts Committee in Kogi State House of Assembly, Hon. Friday Sani Makama, on Friday, filed a lawsuit at the Federal High Court, Abuja, against the Legal Practitioners Privileges Committee, LPPC, for nominating Barrister Abdul Wahab Mohammed for the title of Senior Advocate of Nigeria (SAN). The post SAN: Former Kogi assemblyman sues LPPC over nominee appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Strike: Nigerian government, university lecturers continue negotiations
The federal government on Friday continued negotiations with the Academic Staff Union of Universities (ASUU) to put an end to the eight-month-old strike action. The post Strike: Nigerian government, university lecturers continue negotiations appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Europe to pay less than US for Pfizer COVID-19 vaccine
The European Union has struck a deal to initially pay less for Pfizer’s COVID-19 vaccine candidate than the United States, an EU official told Reuters News Agency as the bloc announced on Wednesday it had secured an agreement for up to 300 million doses. The experimental drug, developed in conjunction with Germany’s BioNTech, is the frontrunner in a global race to produce a vaccine, with interim data released on Monday showing it was more than 90 percent effective at protecting people from COVID-19 in a large-scale clinical trial. Under the EU deal, 27 European countries could buy 200 million doses, and have an option to buy another 100 million. The bloc will pay less than $19.50 per jab, a senior EU official involved in talks with vaccine makers told Reuters, adding that partly reflected ...
Senator Tinubu hails Governor Sanwo-Olu’s plan to stop ex-governors’ pensions
A former Governor of Lagos State, Bola Tinubu, has hailed Governor Babajide Sanwo-Olu for his plan to repeal the Lagos State law that would ensure life pensions for former governors and deputy governors. The All Progressives Congress chieftain said this in a series of tweets on Wednesday. The former governor tweeted, “Congratulations to Governor Sanwo-Olu over the 2021 budget which he appropriately christened ‘Budget of Rekindled Hope’. This audacious and enterprising budget will empower our people and begin to rebuild Lagos State. “In particular, I would also like to commend the governor for the plan to commence the repeal of the pension law giving pension packages to former governors and their deputies. This is a bold and courageous move by Mr. Governor and I wholeheartedly support him. ...
Ogun pensioners protest, demand immediate payment of gratuities
Pensioners in Ogun State on Tuesday demanded immediate payment of gratuities of State and Local Government retirees from 2014 and 2011 to date. Newsmen learnt that the state government pensioners are owed from 2014 while local government pensioners are owed from 2011. The pensioners who protested around Abiola Way in Abeokuta, carried placards with inscriptions such as “Repeal the obnoxious pension bill now”, ”Mr Governor, please don’t deprive us our legitimate pension and gratuities”. Others are “Severance to politicians are paid at exit”, ”Pay our gratuities now” among others. Addressing journalists after the protest, Mr Waheed Oloyede, Chairman, Nigeria Union of Pensioners, in the state, said that the proposal by government to release every quarter, the sum of N500 million from January ...
Senator Ngige: Suspended NSITF chief awarded N4.448 billion contracts in one day
The Minister for Labour and Employment, Senator Chris Ngige, on Tuesday, shocked the members of the House of Representatives Ad-hoc Committee investigating the Nigeria Social Insurance Trust Fund (NSITF) when he alleged that the suspended MD awarded about 332 different contracts worth about N4.448 billion in one day. Senator Ngige who appeared on the second day of the investigative hearing being Chaired by Hon Miriam Onuoha further revealed that the controversial contracts were awarded just two days after he left office as Minister in 2019. The two times Minister of Labour and Employment also informed the Committee that the suspended management committed about 74 different infractions for which they were suspended. Senator Ngige who insisted that the action taken so far against the affecte...
NFF supremo pledges solidarity to national league
NFF President Amaju Pinnick has announced there’ll be a solidarity payment to the Nigerian National League to aid the league. The Delta-born administrator made this statement while speaking to organized media during a zoom call, citing that the Glass House would help the league out of its predicament. The NNL has been in state of limbo for over five months with three delayed resumptions already experienced. The President, also noted that protocols are been put in place to oversee the gradual return of football in the country, assuring that all leagues would kick off simultaneously once it is safe to do so. Pinnick, also stated in the call that Gernot Rohr’s AFCON and World Cup targets aren’t set in stone alluding that if improvements were seen, decisions on how to move on will be made. Get...
NIDO flays Nigerian government’s directive on payment of N297,600 by stranded nationals in Thailand
Nigerians in Diaspora Organisation (NIDO), Thailand, has described the directive by the federal government that stranded Nigerians in Thailand must pay the sum of N297,600 for their quarantine, isolation, accommodation centres or hotels before their departure as insensitive and harsh. Its President, Dr. Lloyd Nwafor, in a letter dated May 17 and addressed to the Minister of Foreign Affairs, Mr. Geoffrey Onyeama, titled: ‘Appeal to Reconsider Decision on Payment for Quarantine, Isolation, Accommodation Centres or Hotels’, said it came to the stranded Nigerians in Thailand as a shock. He said that some of the evacuees are families who lost their jobs because of the coronavirus pandemic, some are at the Immigration Deportation Camp (IDC), while others are visitors stranded in Thailand. Nwafor...
