Nigerian Government

CBN Launches Afrigo, Bans Dollar Charges On Domestic Transactions, Hints On Deadline For Existing Card Schemes

  Speaking at a virtual launch of the card scheme on Thursday, the Governor of the CBN, Godwin Emefiele, said: “all domestic transactions that are that are going to be conducted in Nigeria will have to be through the Nigerian domestic cards” PEGASUS REPORTERS, LAGOS | JANUARY 28, 2023 With the launch of the National Domestic Card scheme, Afrigo, the ...

Read More »

ECONOMY: Federal Inland Revenue Service Begins Implementation of Electronic Transfer Levy Regulation 2022.

  “Many Nigerians raised alarm on social media on Sunday, January 8, 2023, when they saw that their accounts were debited with various sums. The debit took them unaware as there has been no mention of the levy in any media reports” PEGASUS REPORTERS, LAGOS | JANUARY 10, 2023 The Nigerian government has begun the implementation of the Electronic Transfer ...

Read More »

ECONOMY: As CBN’s Cashless Policy Kicks-Off, See Full List of Banks USSD Code for Electronic Transactions 

  “The term “unstructured supplementary service data” (USSD) refers to a technology that has been present since the early 1990s” PEGASUS REPORTERS, LAGOS | JANUARY 9, 2023 The Central Bank of Nigeria has revealed that plans are on ground to ensure Nigerians become a cashless society and one of the major major structures to achieve this is the use of ...

Read More »

BREAKING: President Buhari Unveils Redesigned New Naira Notes

  “Following the unveiling of the new notes which begins circulation today, the CBN governor announced that the apex bank is now more determined to make Nigeria a cashless economy, as in other climes” PEGASUS REPORTERS, LAGOS | NOVEMBER 23, 2022 The President, Muhammadu Buhari on Wednesday finally unveiled the re-designed Naira Notes as proposed by the Central Bank of ...

Read More »

ECONOMY & FINANCE: Press Remarks By Governor Godwin Emefiele On The Issuance Of New Naira Banknotes

  “On the basis of these trends, problems, and facts, and in line with Sections 19, Subsections a and b of the CBN Act 2007, the Management of the CBN sought and obtained the approval of President Muhammadu Buhari to redesign, produce, and circulate new series of banknotes at N100, N200, N500, and N1,000 levels” PEGASUS REPORTERS, LAGOS | OCTOBER ...

Read More »

Breaking News: Nnamdi Kanu Discharged; Not Acquitted – Justice Minister, Malami

  “For the avoidance of doubt and by the verdict of the Court, Kanu was only discharged and not acquitted. Consequently, the appropriate legal options before the authorities will be exploited and communicated accordingly to the public” PEGASUS REPORTERS, LAGOS | OCTOBER 12, 2022 The office of the Attorney-General of Nigeria has clarified circumstances of the court decision which many ...

Read More »

President Buhari Suffered From Post Traumatic Stress Disorder (PTSD) – Aisha Buhari

  “You can imagine me at 19 years, handling somebody that went to war, suffered a coup d’état, then lost several elections, and, finally, getting to the Villa in 2015. Also, for a woman to tell them that this is wrong or right in Nigeria and Africa is a problem,” she said PEGASUS REPORTERS, LAGOS | OCTOBER 11, 2022 The ...

Read More »

Aviation: Nigeria Air Starts Operations In Six To Eight Months – Hadi Sirika,

  “After a careful, detailed and the Infrastructure Concession Regulatory Commission (ICRC) governed selection process, Ethiopian Airlines (ET) consortium has been selected as preferred bidder, offering an owner consortium of three Nigerian investors MRS, SAHCO and the Nigerian Sovereign Fund (46 per cent) FGN owning five per cent and ET 49 per cent” PEGASUS REPORTERS, LAGOS | SEPTEMBER 24, 2022 ...

Read More »

Full Text: President M. Buhari Addresses 77th United Nations General Assembly

Nigeria’s President, Muhammadu Buhari, on Wednesday, addressed the 77th United Nations General Assembly in New York. PEGASUS REPORTERS, LAGOS | SEPTEMBER 23, 2022 Mr. President, On behalf of the Government and people of Nigeria, I congratulate you on your well-deserved election as President of UNGA77. I assure you of the full support and cooperation of the Nigerian delegation during your ...

Read More »