Every $10 (₦13,329.7) borrowed from OPay generated $2.55 (₦3,399.07) in loan-financing revenue in H1 2026. The figure includes late-payment penalties, not just interest, and offers a glimpse into the revenue lenders need to cover the risk of borrower defaults. The fintech generated $236.12 millio...
News
The exercise comes nearly a year after Nigeria was removed from the Financial Action Task Force (FATF) grey list following steps to address weaknesses in its anti-money laundering and counter-terrorism financing system. The post Nigeria trains 100 officials ahead of anti-money la...
News
The Federal Government has approved N40.7 billion for healthcare delivery under the Basic Health Care Provision Fund (BHCPF) for the third quarter of 2026. The post FG approves N40.7 billion for healthcare delivery in Q3 2026 appeared first on Nairametrics ....
Local
A tanker carrying 33,000 litres of groundnut oil overturned on the Lagos-Ibadan Expressway near Abiola Garden, inward Toll Gate, Lagos, on Wednesday, causing a traffic gridlock. The incident reportedly occurred at about 2pm, spilling the tanker’s contents onto the road and disrup...
library
The bill scaled second reading during plenary on Tuesday, following a request by Governor Monday Okpebholo for legislative consideration of the proposed supplementary budget. The post Edo assembly considers N77.5bn supplementary appropriation bill appeared first on Premium Times ...
News
Last Friday, SEC had warned the public against investing through WayvePay, stating that the platform was not registered to solicit investments from the public or operate in any capacity in the Nigerian capital market. The post WayvePay says no investor subscribed to Dangote Refin...
parks
The governor made the pledge when he visited the project site at Owaza, Ukwa West Local Government Area. The post Otti pledges accelerated work on Abia industrial park project appeared first on Premium Times Nigeria ....
safety
LASTMA has warned residents, traders and food vendors against consuming or selling the recovered oil that spilled from the tanker. The post Tanker crash spills 33,000 litres of groundnut oil in Lagos, LASTMA warns against consumption appeared first on Premium Times Nigeria ....
safety
The arrests come amid other reported kidnapping incidents and police operations against suspected criminals in the oil-rich state. The post Police arrest suspected kidnapper, cultist, recover firearm appeared first on Premium Times Nigeria ....
government
Imo State Governor, Hope Uzodimma, has reiterated the resolve of the 31 All Progressives Congress governors for the re-election of President Bola Tinubu in the 2027 presidential election. Uzodimma, who spoke at the inauguration of the APC Presidential Campaign Council in Abuja on...
government
Nigeria’s National Identity Management Commission (NIMC) says its national identity database is hosted entirely in Nigeria and managed by its own employees, as digital identity verification becomes increasingly important to public services. Alvan Ikoku, director of NIMC’s Strateg...
News
The Centre for the Promotion of Private Enterprise said the Nigerian Government’s fuel price relief initiative through the NNPC is a temporary response to the global energy crisis, not a reversal of petroleum subsidy removal. The post Fuel price relief not return to subsidy regim...
government
Osun State Governor, Ademola Adeleke, has urged Nigerians to support President Bola Tinubu’s re-election in 2027, saying four years is not enough for his r Read More: https://punchng.com/2027-four-years-not-enough-adeleke-urges-support-for-tinubu/...
