The Federal Airports Authority of Nigeria (FAAN) on Monday unveiled its contactless payment system at the Murtala Muhammed International Airport, Lagos, with projections to triple revenue generation. Managing Director of FAAN, Mrs. Olubunmi Kuku, represented by the Director of Public Affairs and Consumer Protection, Mr. Henry Agbebire, said the “Operation Go Cashless” initiative would strengthen…
Nigeria’s First Bank has launched FirstMonie Merchant Solution, a digital payment platform aimed at strengthening the country’s cashless economy and supporting businesses of all sizes. The service, unveiled on Wednesday, provides merchants with automated onboarding, instant settlements, and integrated dispute resolution — features designed to improve liquidity and cut chargeback risks. It also comes with…
Dr. Helen Nsirim, an official of the Federal Ministry of Information and National Orientation, has cautioned parents against making double payments of tuition fees for their undergraduate children. Nsirim, who serves as the Information and Public Relations Officer at the Federal Information Centre, Port Harcourt, gave the warning in an interview with the News Agency…
The Court of Appeal in Abuja on Wednesday, reversed the Federal High Court (FHC) judgment that ordered the Central Bank of Nigeria (CBN) to pay Kasmal International Services N579 billion for its involvement in stamp duty collection. Justice Adebukola Banjoko, while delivering the majority judgment, agreed with the CBN’s argument that the company had no…
