Banks embrace NQR at ‘Ounje Eko’ discount markets
Banks available at the ‘Ounje Eko’ discount markets, an initiative of the Lagos State government have increasingly warmed to NQR payment solutions. The NQR payment solution is powered by the Nigeria Inter-Bank Settlement System to enhance convenience and accessibility for…
Govt planning low-interest credit facilities for PWD – NCPWD
The Executive Secretary of the National Commission for Persons With Disabilities, James Lalu, has disclosed that it is working with the Bank of Industry to provide low-interest credit facilities to persons living with disabilities. Lalu made this statement on Thursday…
FG directs banks to deduct stamp duty charges on mortgages
The Federal Government has directed Deposit Money Banks to immediately begin the deduction of 0.375 per cent stamp duty charge on all mortgaged-backed loans and bonds. Mortgage-backed loans are loans extended by financial institutions to individuals or entities to buy…
Govt borrows N11tn via bonds, T-bills in four months
The Federal Government has raised a total sum of N11tn through auctions and sales of Treasury bills and saving bonds issuance in four months, according to findings by The PUNCH An analysis of bonds and bills results issued this year…
Naira closes 1,402/$ at official market as dollar demand persists
The naira traded at a loss at the official market, depreciating to N1,402 against the United States dollar on Thursday. According to data from the FMDQ exchange securities, the naira dropped by N12 or 0.86 per cent from the N1,390…
Procurement practitioners push for improved tech adoption
The Association of Public Procurement Practitioners of Nigeria, Lagos State Chapter, has called for the integration of e-procurement systems into the public procurement processes. Speaking at the first capacity-building workshop organised for participants in Lagos, the Director-General of Lagos State…
Tinubu hailed for Ikorodu-Epe road rehabilitation
A Lagos-based businessman and educationist, Dr. Oladega Adebogun, has lauded President Bola Tinubu, for the speedy rehabilitation of the Ikorodu-Imota-Itoikin-Epe road. This was contained in a statement on Wednesday by the Director, of Public Relations, Caleb University, Mr. Abimbola Olulesi….
Why vaccination is important for all ages
Usually, when the public hears the term immunisation, it conjures images of immunising infants or young children against diseases like polio, measles, and mumps. Vaccination frequently evokes memories of childhood immunisation programmes, in which newborns and early children receive essential…
Young Nigerian basketballer bags US scholarships after street encounter with Calabar lawyer
A young Nigerian basketballer, David Etim, has bagged three United States scholarship offers after encountering a Calabar-born lawyer, Faithfulness Okom. Narrating how he met Etim to our correspondent on Thursday, Okom said he met Etim in 2021 while driving in…
Democracy hollow without free press
TODAY’S World Press Freedom Day is a timely reminder of the critical role of the media in promoting the ideals of a democracy in society. It is a day to celebrate the place of a free press in a democracy…