December 11, 2019

CBN: Electronic Payments Hit ₦424tn In Nine Months

December 11, 2019 4:35 am

The Central Bank of Nigeria (CBN)’s cashless policy has received a boost as the total value of transactions through various electronic payment (e-payment) channels stood at a total of ₦424.371 trillion in the first nine months of 2019.

This represented 83.5 per cent increase compared with the total of N231.247 trillion recorded at the end of June 2019.
The figures were contained in the latest industry e-payment data as at the end of September obtained from the CBN.

The data also showed that while the combined value of Automated Clearing House System/NAPS/PMS stood at N17.966 trillion as at September, …

Reps To Separate Attorney General From Minister Of Justice

December 11, 2019 4:35 am

The House of Representatives is seeking to separate the office of the Attorney General of the Federation from that of the Minister of Justice, saying the separation will remove political interference in the operations of the Attorney General.

A bill to alter the 1999 constitution to separate the two offices sponsored by the Chief Whip of the House, Mohammed Tahir Monguno scaled through second reading at Tuesday’s plenary of the house.

Hon. Monguno said he was sponsoring the bill based on his experience as a former Attorney General and Commissioner for Justice in Borno state, adding that at the …

Don’t Transport Corpers From 6pm – FRSC Boss To Drivers

December 11, 2019 4:34 am

Boboye Oyeyemi, corps marshal of the Federal Road Safety Corps (FRSC), says no driver should transport corps members leaving orientation camp from 6pm.

He gave the warning during the FRSC end-of-the-year meeting with transport union stakeholders, in Abuja, on Tuesday.

The meeting is one of the programmes done in preparation for the end of the year activities. It particularly looks at how vehicular accidents can be reduced during the festive periods.

The National Youth Service Corps (NYSC) members for Batch C Stream II had resumed orientation camps on November 28 and would end December 19.

Boboye said any driver that …