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Air Peace Summoned: FCCPC Orders Refund Probe

17.06.2025
The Federal Competition and Consumer Protection Commission has summoned the management of Air Peace Limited over multiple complaints of non-refund of ticket fares by passengers, even in cases where the airline cancelled its scheduled flights. In a formal notice dated June 13, 2025, the commission ordered the airline to appear before it at its Abuja...
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Pension Remittance Simplified: Interswitch Unveils New Platf

17.06.2025
Interswitch, one of Africa’s leading technology companies, has officially launched Interswitch PensionRemit, a fully automated platform designed to help employers comply with the recently introduced Pension Contribution Remittance System. It said in a statement on Monday that the new system, mandated by the National Pension Commission and the Pension Fund Operators Association of Nigeria, took...
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Stablecoin Regulation: SEC Eyes Cross-Border Trade

17.06.2025
The Securities and Exchange Commission has announced plans to develop a regulatory framework for stablecoins, aiming to facilitate cross-border trade, payments, and programmable finance in Nigeria’s burgeoning digital asset space. In a statement made available to our correspondent by the commission on Monday, the Director-General of the SEC, Emomotimi Agama, revealed this initiative during his...
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Chams Plans N3.99bn Rights Issue

17.06.2025
Chams Holding Company Plc has concluded arrangements to raise N3.99bn from the Nigerian capital market through a rights issue aimed at strengthening its capital base and funding its operations. According to a market bulletin issued by the Nigerian Exchange Limited on Monday, the company has submitted an application for the approval and listing of 2,348,030,000...
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Nigeria’s ‘Buy Made in Nigeria’ Policy Cri

17.06.2025
The Nigeria Employers’ Consultative Association has said that the recently mooted ‘Buy Made in Nigeria Policy’ of the Federal Government is directly violating the African Continental Free Trade Agreement protocols, which Nigeria is a signatory to. The Director-General of NECA, Adewale Oyerinde, stated this in Lagos on Monday during a press conference to announce the...
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Meta Launches Paid Channels & Promoted Content

17.06.2025
Meta has unveiled a set of new monetisation tools on WhatsApp, aimed at helping creators, businesses and organisations expand their reach and generate revenue via the app’s updates tab. In a statement released on Monday, the tech giant announced the introduction of three key features: Channel Subscriptions, Promoted Channels, and Adverts in Status. These updates...
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Cyber Defence System Unveiled for Fintechs

17.06.2025
Cybersecurity firm DevSecFlow has unveiled its advanced security operations platform, SECOYA, designed to offer intelligent, efficient, and scalable cyber defence capabilities for financial institutions and highly regulated organisations across the country. The disclosure was made on Sunday in a statement, following an exclusive executive breakfast session hosted by the company on Wednesday, June 11, 2025,...
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Air Peace Summoned: Ticket Refund Complaints

17.06.2025
The Federal Competition and Consumer Protection Commission has summoned the management of Air Peace Limited following multiple complaints from passengers regarding non-refunded ticket fares, even in cases where the airline cancelled scheduled flights. In a formal notice dated June 3, 2025, the Commission ordered Air Peace to appear at its Abuja headquarters on Monday, June...
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Lekki Port Protest: Tanker Drivers Halt Loading

17.06.2025
Petroleum tanker drivers have taken to the streets to protest the N12,500 parking fee imposed on them by the Lagos state government through the Electronic Call-up Systems Company. The drivers on Monday were joined by other truckers to include lifters of petroleum products from the Dangote refinery, as well as transporters of cargoes from the...
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The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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