FG urged to consider ban on use of card PIN for online transactions

Charles Ude, an Abuja-based legal practitioner and public affairs analyst, has called on the federal government to consider the recent call by Dr. Kingsley Chibuzor Aguoru, UK-based Nigerian Chartered Engineer, to redefine online transactions with card PIN. Aguoru had petitioned the Economic and Financial Crimes Commission and the Central Bank of Nigeria, advocating an immediate […]

1 min read

ATMs empty as banks ration withdrawals

The Automated Teller Machines of Deposit Money Banks have consistently remained empty in recent months as banks grapple with a sustained low cash supply. It was also gathered on Wednesday that some DMBs, particularly in the Federal Capital Territory, have begun another round of cash rationing, restricting maximum over-the-counter withdrawals to a daily limit between […]

1 min read

Opay grants N12m scholarship to 40 ABU students

In a heartwarming gesture and another laudable initiative aimed at empowering the next generation, Nigeria’s leading financial service provider, OPay, has awarded N12m in scholarships to 40 deserving students of Ahmadu Bello University, Zaria. Opay in a statement on Wednesday, said that each student will receive N300,000, easing financial pressures and encouraging them to pursue […]

1 min read

Gunmen attack army checkpoint in Abia, kill two soldiers

Gunmen attacked an army checkpoint early on Wednesday at Ekenobizi, a border community between Abia and Imo states in Umuopara, Umuahia South Local Government Area, killing two soldiers. A military source, who spoke on the condition of anonymity, said the attack occurred around 6:18 am. The gunmen arrived in a white Lexus (350/400) model, although […]

1 min read