NDIC Releases N24.3bn Second Dividend for Heritage Bank
The NDIC has announced a second liquidation dividend of N24.3 billion for Heritage Bank depositors with balances over N5 million. Learn about the payout rate and future recovery prospects.
Category : Search result: depositors payment
NDIC Declares N24.3bn Heritage Bank Liquidation Dividend
The NDIC announces a second liquidation dividend of N24.3bn for Heritage Bank depositors with balances above N5m. Learn how to claim your funds and what it means for the liquidation process.
FG, CBN Settle Super Eagles' AFCON Bonus Payment
The Federal Government and CBN have resolved FX delays, ensuring Super Eagles' AFCON 2025 bonuses are processed. Players to receive funds imminently. Read the full story.
Family: Edo Twins Freed After Ransom, Not Police Rescue
The family of abducted Edo twins reveals a ransom secured their release, contradicting police claims of a rescue. The father was killed in the attack. Read the full story.
Remita Powers ₦100tr+ Payments in Nigeria's Digital Boom
Remita processed over ₦100 trillion in 2025, cementing its role as Nigeria's payment backbone. Discover how it drives digital economy growth, expands across Africa, and plans a new app for 2026.
3 Freed Kogi Church Hostages Die After Ransom Payment
Three freed ECWA church worshippers die after abduction in Kogi. Community demands action as youths protest insecurity. Get the full story.
Nigerians Use 'Loan Refund' Narration to Avoid New Tax Charges
A Nigerian lady's viral TikTok video reveals how vendors are asking customers to use 'loan refund' in bank transfer descriptions to evade new 2026 tax laws, sparking a major online debate.
Gombe Pays N665m for 23,873 Students' Exams
Gombe State government has approved N665 million to cover SSCE fees for 23,873 students. The move aims to remove financial barriers and boost education in the North-East. Read more.
Man Worries Over Tax After ₦46.9M Account Activity
A Nigerian man's viral tweet reveals ₦46.9M credited to his account in 2025, sparking fears of a huge 2026 tax bill. See the shocking figures and public reaction.
Imo Workers Get 13th-Month Salary for 5th Consecutive Year
Governor Hope Uzodimma announces full 13th-month salary payment to Imo civil servants, a policy sustained for five years. Read about the impact and public reaction.
Kano Pays N15.67bn to Ex-Councillors, Ends Decade Wait
Kano State Government under Governor Abba Kabir Yusuf has settled N15.67 billion in outstanding gratuities to 3,472 former local government councillors. This act of justice, transcending party lines, brings closure after over a decade of neglect. Read the
Woman Cries Out Over Portable's ₦1m vs ₦20k Payment
A Nigerian woman accuses singer Portable of paying only ₦20,000 for a music collaboration after a public promise of ₦1 million. Read details and netizens' reactions.
Oyo Gov Makinde Increases Retirees' Gratuity to ₦3bn
Oyo State Governor Seyi Makinde approves a 100% increase in gratuity payments for retirees, raising it from ₦1.5bn to ₦3bn. NLC confirms the worker-friendly move and consistent 13th-month salary payment. Read more.
Kwara Monarch Freed After 25 Days in Captivity
Oba Kamilu Salami, the Ojibara of Bayagan Ile in Kwara, is free after 25 days. The community paid a huge ransom in two installments without government help. Read the full story.
Lady Saves ₦1k Daily for Rent, Now Doubles to ₦2k
A Nigerian lady's disciplined saving method of ₦1,000 daily to pay her ₦350k rent goes viral. With rent now ₦600k, she plans to double her daily savings. See her inspiring story and netizens' reactions.
Banks Warn Nigerians Against Public Wi-Fi for Transfers
Nigerian banks warn customers against using public Wi-Fi for transactions this festive season as fraud spikes. Learn how to protect your account from cybercriminals.
CBN Issues New Order to Banks on Foreign Card Use
The Central Bank of Nigeria directs Access, Zenith, UBA & others to improve foreign card acceptance, aiming to resolve transaction failures for tourists and returning Nigerians.
FAAN Cracks Down on Airport Extortion for Christmas Travel
FAAN activates strict measures against staff extortion & deploys over 80 security personnel at Lagos airport to manage festive traffic. Read details on new cashless system & terminal updates.
TotalEnergies TEMC+ Card Redefines Business Payments
TotalEnergies Nigeria launches TEMC+ card for secure fleet & business payments, competing with Paystack. Nationwide migration ends Dec 31, 2025.
Africa's Digital Payments Hit $2 Trillion, Nigeria Leads
A new report reveals Africa processed $2 trillion via instant payments in 2024. Nigeria's NIP system is rated highly, but fraud concerns remain a key barrier to wider adoption. Learn more.
Nanny rejects early salary, tells boss 'stick to the 31st'
A Nigerian lady's kind gesture backfires as her nanny returns December salary sent early. The nanny's firm request to 'stick to the 31st' sparks hilarious online reactions. Read the full story.
Kidnapped Benue groom freed after N1.5m ransom
Tartenger Terdue James, abducted days before his wedding, is free after his family paid a N1.5 million ransom. Read the full story of his ordeal and release.
CBN Revokes Bank Licences, NDIC Begins Depositor Payouts
The CBN has revoked the operating licences of Aso Savings and Union Homes. NDIC has commenced verification and payment of insured deposits up to N2 million. Learn how depositors can claim their funds.
CBN revokes licences of two mortgage banks
CBN revokes Aso Savings & Union Homes licences for regulatory breaches. NDIC starts insured deposit payments up to N2m. Learn how to claim your funds.
OmniPay Launches Solutions to Ease Supply Chain Pressure
OmniPay has launched new payment tools and honoured key distributors at its first gala night, reaffirming its commitment to supporting Nigeria's supply chain against economic challenges. Discover the new features.
Notorious Child Kidnapper Arrested in Niger State
Niger State Police arrest suspected kidnapper Aminu Ahmed for abducting three children in Kontagora and collecting over N2 million in ransom. Full details of his confessions inside.
PAPSS Cowry Targets Africa's $5bn Cross-Border Payment Loss
Afreximbank launches PAPSS Cowry to fix Africa's costly cross-border payments, saving $5bn yearly and boosting intra-African trade. Discover how this platform changes the game.
Katsina Hospital Tragedy: Pregnant Woman D!es Over Payment
A pregnant woman, Aisha Najamu, d!ed at Turai Umaru Yar'adua Hospital in Katsina after a health worker allegedly refused a bank transfer for oxygen. The hospital cites a cash-only policy. Read the full investigation.
FG to Clear N4tr Road Contractors' Debt by Dec 20
The Federal Government has set a December 20 deadline to settle all outstanding payments owed to road contractors, following protests over N4 trillion in delayed project financing. Minister David Umahi announced the presidential directive.
FG Pays ₦22,500 Stipend to 42,000 TVET Trainees
The Federal Government has started paying monthly stipends to Technical and Vocational Education and Training (TVET) beneficiaries. Over 42,000 trainees have received ₦22,500 each. Read more.
Page 1 of 3