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.
Category : Search result: NDIC deposit payment
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.
Man's Viral Self-Tribute Before Death Highlights Nigeria's Healthcare Failures
A Nigerian man's heartbreaking self-tribute before dying from a heart condition has gone viral, exposing demands for N2m deposits by Lagos hospitals and a failing healthcare system. Read his full story.
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.
Activist Dies After Hospital Strike, Writes Own Obituary
Kingsley Aneke's tragic death highlights Nigeria's healthcare crisis. His self-penned obituary blames hospital strikes and upfront payment demands. Read his powerful final plea for change.
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.
Beetles Block Europe's Biggest Rare Earths Mine
Plans to mine Europe's largest rare earth deposit in Norway face delays over environmental fears for endangered beetles and mosses. Discover the clash between green energy goals and conservation.
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.
NDIC Ends Ikoyi Property Deal with Senator Bunza
NDIC insists sale of Banana Island property to Senator Farouk Bello Bunza is terminated. The corporation cites failure to accept revised terms. Read the full details of the ₦4.3 billion dispute.
NDIC Details N2m Payout for Failed Mortgage Banks
The NDIC has initiated a payout of up to N2 million per depositor for customers of Aso Savings and Union Homes. Learn about the verification process and what happens to balances above the insured limit.
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.
NDIC Begins Liquidation of Aso Savings, Union Homes
NDIC starts liquidation of Aso Savings & Union Homes after CBN licence revocation. Depositors to get up to N2m via BVN. Learn the process for claims and payments.
NDIC Pays Aso Savings, Union Homes Depositors After CBN Revocation
The NDIC has started reimbursing depositors of Aso Savings and Union Homes after the CBN revoked their licenses. Learn how to claim your insured funds up to ₦2m before the deadline.
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.
NDIC Reiterates N5m Deposit Insurance Cover
NDIC MD reassures depositors of N5m insurance cover, details collaboration with CBN for supervision, and warns against Ponzi schemes. Read key insights from Kano Trade Fair.
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.
NDIC Assures Deposit Safety, Warns Against Fraudsters
NDIC MD reassures Nigerians of deposit safety with up to ₦5m insurance. He warns against Ponzi schemes and details collaboration with CBN for banking stability. Visit their Trade Fair pavilion for more.
Nigeria's Defence Minister Bans Ransom Payment to Terrorists
Defence Minister Gen. Christopher Musa declares an end to ransom payments and negotiations with terrorists, citing it fuels insecurity. He outlines a multi-faceted security strategy.
CBN Removes Cash Deposit Limits, Raises Withdrawal Cap
Nigeria's Central Bank has abolished cash deposit limits and raised weekly withdrawal thresholds to N500k for individuals. New policy takes effect January 2026.
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