First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services organisation has announced its partnership with Nigeria Inter-Bank Settlement System plc (NIBSS) on its recently launched Nigeria Quick Response (NQR) Payment Solution. The NQR is an innovative payment option implemented for all financial service providers and designed to promote quick and fast transactions by scanning the code on one’s mobile device. Also, the initiative reduces cost(s) for merchants and banks in delivering instant value for person to business (P2B) and person to person (P2P) transactions by simply scanning…
Read MoreNigerian Elite steal $3.6billion crude oil yearly -Mele Kyari
At the 17th All Nigeria Editors Conference 2021 organised by the Nigerian Guild of Editors (NGE) in Abuja, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari has revealed that a few Nigerian elites may be stealing yearly about 42.25 million barrels of the nation’s crude oil worth $3.6billion at the prevailing price of $85 per barrel. Last year, the Nigeria Extractive Industries Transparency Initiative (NEITI) said the country lost 42.25 million barrels of crude oil to theft in 2019. Kyari, blamed highly placed Nigerians for…
Read MoreKidnappers turn against each other over custody of fleeing victim
Two kidnap syndicates recently turned against each other in a forest in Galadimawa Town, Giwa Local Government Area of Kaduna State, over an attempt by both camps to take custody of a female victim who escaped from one of the gang’s den. At the end of the bloody fight, 11 members of both warring gangs were killed, while the victim, identified as Binta Abusafyan, managed to escape unhurt in the process. She reported the incident at the Force Investigation Bureau- Intelligence Response Team, FIB-IRT, Ragachigun base in Kaduna. She explained…
Read MoreNCC warns against new virus targeting bank details
The Nigerian Communications Commission has warned that there is a new, high-risk and damaging malware, called ‘Flubot’, targeting Android devices with fake security updates and application installations. According to the commission, a malware is a generic word used to describe a virus or software, designed specially to disrupt, damage, or gain unauthorised access to a device. In a statement signed by the Director, Public Affairs, Ikechukwu Adinde, it said it was acting on information received from the Nigeria Computer Emergency Response Team. The NCC said, “The ngCERT affirmed that Flubot…
Read MoreMan, 61, remanded for allegedly defiling minor
Olayiwola Rasak, a 61-year-old man has been arrested by the Oyo State Command of the Nigeria Security and Civil Defence Corps and remanded in prison on the order of Family Court, Iyaganku, Ibadan, for allegedly raping a 15-year-old girl. The NSCDC Commandant, Michael Adaralewa, said this on Friday in a statement by the spokesperson for the command, Oluwole Olusegun. He said that the suspect was charged to court for rape contrary to Section 34(1) and punishable under Section 34(2) of the Child Rights Law of Oyo State by the Anti-Human…
Read MoreBandits bomb Abuja-bound train, Shehu Sani, other passengers stranded
An Abuja–Kaduna bound train was on Wednesday night ambushed by suspected Bandits, detonating explosives on the rail track and causing unprecedented panic in the Kaduna metropolis. Former senator representing Kaduna Central, Shehu Sani, who was among the passengers travelling to Abuja, yesterday, narrowly escaped death when the train ran into a rail track damaged by the explosion. Sani stated: “Yesterday (Wednesday), bandits attacked Kaduna–Abuja train. They planted an explosive that damaged the rail track and shattered the windshield of the train. They also opened fire, targeting the driver and the…
Read MoreProp gun fired by Alec Baldwin kills woman on movie set
US law enforcement officers on Thursday revealed that US actor Alec Baldwin fired a prop gun that killed a cinematographer and wounded the director on a film set in New Mexico. The incident happened on the set of “Rust” in the southwestern US state, where Baldwin is playing the lead in a 19th-century western. Halyna Hutchins and Joel Souza “were shot when a prop firearm was discharged by Alec Baldwin,” the sheriff in Santa Fe said in a statement. Hutchins, 42, was transported to hospital by helicopter but died of…
Read MoreNnamdi Kanu arraigned amid thight security, pleads not guilty
The detained leader of the proscribed Indigenous People of Biafra (IPOB), Mazi Nnamdi Kanu, yesterday appeared in court for his re-arraignment amid thight security, eliciting some joyous reaction in court and most parts of the Southeast. His trial had been delayed for three months when authorities failed to produce him in court. Kanu was brought into the court premises in a heavily fortified security convoy led by a black Prado SUV at exactly 8:00 a.m. Many were sceptical as to whether he was actually in the convoy considering that…
Read MoreHeritage, Polaris bank threatened with takeover, arrest over debt
The House of Representatives, on Thursday, threatened that it will ask the Central Bank of Nigeria to take over the ownership of Heritage Bank of Nigeria for owing the Federal Government more money than its entire share capital. The threat was made by its ad hoc committee on the assessment and status of all recovered loots (movable and Immovable assets) from 2002 to 2020 by agencies of the Federal Government for effective efficient management and utilisation. The committee also threatened to issue an arrest warrant on the Managing Director of…
Read More77 million Nigerians lack access to power -NNPC
The Nigerian Bulk Electricity Trading Plc on Thursday provided statistics on misalignments in the power value chain, saying that about 14,000 megawatts of electricity was contracted to power generation companies. Managing Director, NBET, Nnaemeka Ewelukwa, gave a breakdown of the quantum of Nigeria’s electricity demand, what was contracted, available capacity, what was produced, among others. He provided these statistics while speaking during a plenary session at the World Energy Day Conference 2021, with the theme, ‘Energy Transition: Gas as Fuel of Choice’, organised by the Abuja Chamber of Commerce and…
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