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NBS: N319.99 trillion e-payments recorded in Q3 2020

A total volume of 2,781,526,188 transactions valued at N319.99trn was recorded in the third quarter of this year based on data on electronic payment channels in the Nigeria banking sector, the Nigerian Bureau of Statistics has said. It disclosed this in its latest Selected Banking Sector Data which focused on sectorial breakdown of credit, e-payment channels and staff strength of Deposit Money Banks. The bureau said Real Time Gross Settlement transfers dominated the volume of transactions recorded. RTGS systems are specialist funds transfer systems where the transfer of money or securities takes place from one bank to any other bank on a real-time and on a gross basis. The NBS said 1,799,199 volume of online transfer transactions valued at N116.06trn were recorded in Q3 2020. In terms of c...

Mikel Arteta wants Arsenal transfer European form into Premier League

Mikel Arteta has demanded Arsenal transfer their Europa League form into the Premier League, where he says his side need to start winning matches “immediately”. Goals from Eddie Nketiah, Mohamed Elneny, Joe Willock and Folarin Balogun helped the Gunners ease past Irish side Dundalk 4-2 in Dublin on Thursday to finish top of Group B with a 100 per cent record – the first time they have won six successive European matches since 2005. That fine European form is in sharp contrast to their domestic struggles, where the club have lost six out of their last nine matches to slump to 15th in the table. With the Europa League now finished with until February, Arsenal can focus all their attention on domestic competition, with Arteta stressing the urgent need to pick up positive results, starting wit...

Man arrested with stolen car in Ogun

A Lagos-based car wash operator, Idris Ayotunde, who absconded with a customer’s car, has been arrested in Odeda, Ogun State. Ayotunde was arrested at Alakija village via Olodo at the weekend by Safer Highway Patrol team who were on stop-and-search duty on the Abeokuta/Ibadan expressway. The team stopped the car and demanded for its documents, and when Ayotunde could not produce them, he was taken to the Odeda Divisional Headquarters where the Divisional Police Officer (DPO), Ajayi Williams, interrogated him, and discovered he stole the car. Police spokesman Abimbola Oyeyemi, in a statement yesterday, said the suspect, who claimed to be an ND holder, confessed to joining a car wash at Jimoh Bus Stop, Shasha-Akowonjo, Lagos State, recently. Abimbola noted that the car owner, Mrs. Tosin Shof...

Joe Biden picks diverse team of top economic advisers

President-elect Joe Biden named former Federal Reserve Chair Janet Yellen as his Treasury secretary nominee on Monday, and named three women to other top economic posts, setting the stage for a more diverse White House. While Biden’s transition to the presidency on Jan. 20 appeared to be hitting its stride, he himself was hobbling after fracturing his foot while playing with his dog on Saturday and will wear a protective boot for several weeks, his doctors said. The incoming administration has been hampered for weeks by Republican President Donald Trump, who has refused to concede to Biden, a Democrat. Trump has said without providing evidence that the Nov. 3 vote was fraudulent, claims that state and federal election officials have dismissed. Biden named leading members of an economic tea...

Senator screening: Opposition parties canvass support for Mahmood Yakubu

File Photo A coalition of opposition political parties led by the National Chairman of Action Alliance, Kenneth Udeze, on Thursday stormed the National Assembly canvassing support for the reappointment of Prof. Mahmood Yakubu as Chairman of the Independent National Election Commission. Armed with banners urging the Senate to expedite action on Yakubu’s confirmation, Udeze said the performance of the Professor in his first five-year tenure, informed their action. Yakubu was already in the Senate wing of the National Assembly ahead of his screening billed to start by 2 pm while the rally was ongoing at the gate of the sprawling complex. Udeze said Yakubu had been cleared in the past, his performances in the last five years should be a good reason to confirm him. He listed some of the achieve...

Nigerian government assures on completion of Abuja-Zaria-Kano dual carriageway

Minister of Works and Housing, Mr Babatunde Fashola SAN has reiterated the commitment of the Federal Government to completing the on going reconstruction of the Abuja-Kaduna-Zaria-Kano dual carriageway. The post Nigerian government assures on completion of Abuja-Zaria-Kano dual carriageway 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.

Lionel Messi’s father already in talks with PSG to negotiate in January – report

According to a report published by ESPN, Lionel Messi’s father and agent Jorge Messi is already in talks with PSG over a negotiation that can take place in January. Messi wanted to leave the club in the summer, but a move to Manchester City fell through after extensive legal proceedings regarding his contract and if he could leave the club for free. Now former President Josep Bartomeu blocked the transfer himself, saying that he could leave for no less than his €700 million – the release clause mentioned in the contract. The Argentine came out after that to speak about the saga, explaining his unhappiness, and how the only reason he did not leave was because he did not want to drag the club he loved into a legal battle. However, he can leave Barça in June, next year on a free transfer, and...

Hillary Clinton: US Presidents have always accepted defeat

In an apparent reference to President Donald Trump’s refusal to accept defeat, former US First Lady and Secretary of State, Hillary Clinton, has said the willingness of American Presidents to accept defeat distinguishes American democracy. She said this in post on her Facebook page, where she posted a letter written by then outgoing President George H W Bush to then incoming President Bill Clinton, in 1993. “Here’s how it’s done in America, “she wrote. Continuing, the former presidential candidate said: ‘This is the gracious letter George H.W. Bush left for Bill in the Oval Office on the day of Bill’s inauguration.⁣” Quoting the letter, she said:”Your success now is our country’s success,” President Bush wrote. “I am rooting hard for you.”⁣”⁣ “Since the very beginning, American presidents ...

Nigeria invites bid for monitoring of spending of Abacha loot

File Photo The Federal Ministry of Justice on Thursday opened technical bids for Consultancy Service to monitor the implementation of Abacha loot III. Newsmen that the Consultancy Service is to undertake the monitoring of the implementation of the tripartite agreement on the Sharing, Transfer, Disposition, Repatriation and Management of the Abacha Forfeited Assets. Mrs Ladidi Mohammed, Head, Asset Recovery and Management Unit, Ministry of justice declared open the bidding process. Mohammed said the process is in tandem with the Asset Return Agreement of Feb. 3 by the Nigeria government, the United States and the Bailiwick of Jersey. ‘`This Agreement is based on international law and cooperation measures that set out the procedures for the repatriation, transfer, disposition and management ...

Chelsea, Manchester United, Leicester contact Philippe Coutinho’s agent over summer move

Premier League clubs Chelsea, Manchester United and Leicester have all reportedly contacted Philippe Coutinho’s agent ahead of a summer transfer. According to Spanish outlet Mundo Deportivo claims Chelsea remain Coutinho’s preferred choice but Newcastle have also unofficially registered an interest. Coutinho is currently on a season-long loan at Bayern Munich from Barcelona but faces a fight to return before the end of the season following ankle surgery. Bayern have the option to make Coutinho’s move permanent but have been unwilling to meet Barceline’s £100million price tag. Recent reports claimed Bayern manager Hansi Flick had been hoping to extend the Coutinho’s deal until the Champions League is completed later this summer. Yet according to Mundo, Barcelona aim to have Coutinho sold by...

Federal, states, local government share N606 billion for April

The three tiers of government on Friday shared about N606.196 billion as federal allocation for April 2020. Details of the allocation were contained in a Secretariat report released by the Office of the Accountant-General of the Federation at the end of the online meeting of the Federation Accounts Allocation Committee (FAAC) in Abuja. The meeting was presided by the Permanent Secretary, Federal Ministry of Finance, Budget and National Planning, Mahmoud Isa-Dutse. The communique showed the allocation included revenue from the Value Added Tax (VAT) collection, Exchange Gain, Solid Mineral Revenue, Excess Bank Charges and Excess Crude Oil Revenue. The breakdown of the allocations showed the federal government received about N169.831 billion, the states N86.140 billion, local government counc...

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