Monthly Archives: January 2020

CBN deepens e-payment adoption with new PoS rule

The Central Bank of Nigeria (CBN) is taking steps meant to get more people embrace e-payment channels, especially Point of Sale (PoS) machine. The Nigeria Interbank Settlement System (NIBSS)  data showed the total volumes of PoS transactions for 2017 stood at 146.3 million, which was worth N1.4 trillion; 285.9 million …

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Ghana FA: Why we sacked our coaches

THE Ghana FA says it took the decision to remove all of its national team coaches with the Black Stars’ fixture schedule in mind. Ghana’s Football Association (GFA) says it removed all its national team coaches, at all levels of the game, “in line with the vision” of the GFA’s …

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PenCom plans pension bonds to clear N400bn arrears

The National Pension Commission plans to raise pension bonds through the Debt Management Office to offset the pension arrears of federal retirees. The arrears accumulated through accrued rights. The Chairman, Senate Committee on Establishment and Public Service, Ibrahim Shekarau, disclosed that the Federal Government currently owed its retirees over N400bn …

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PDP top-shots dump party for APC in Ondo

Some stalwarts of the Peoples Democratic Party (PDP) over the weekend joined the ruling All Progressives Congress, APC, at Ondo West Local Government Area of Ondo State. The defectors were received by the Senior Special Assistant (SSA) to the governor on Research and Documentation, Kunle Adebayo. A former PDP Ward …

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