The Nigeria Inter-Bank Settlement System (NIBSS) has announced a significant upgrade to its Nigeria Quick Response (NQR) payment system, enhancing transaction speed, security, and overall efficiency. These improvements aim to make digital payments more seamless for businesses and individuals while supporting Nigeria’s transition to a cashless economy. Speaking on the […]

The Nigerian Electricity Regulatory Commission (NERC) has responded to speculations about the Federal Government’s plans to increase electricity tariffs. The regulatory body clarified that any tariff review follows a structured procedure as outlined in the Electricity Act 2023. In an official statement signed by NERC Chairman, Sanusi Garba, the commission […]