The Central Bank of Nigeria (CBN) has reportedly barred fintech companies and other non-bank financial institutions in Nigeria from providing the Bank Verification Number (BVN) validation service.

This was disclosed in an email Paystack sent to its customers. The fintech firm said, “We’ve recently been made aware of a regulatory directive from the primary custodian of Nigeria’s BVN service to all their partners to suspend...

Continue here: https://www.techawkng.com/2021/04/09/in-another-regulatory-clampdown-cbn-bars-fintechs-from-using-bvn-for-kyc/

The Federal Government through the Securities and Exchange Commission (SEC) has declared the activities of stock trading and investment platforms including Bamboo, Trove, RiseVest, and others as Illegal.

The Commission in a statement titled ‘Proliferation of Unregistered Online Investment and Trading Platforms Facilitating Access to Trading in Securities Listed in Foreign Markets’ stated...

Continue here: https://www.techawkng.com/2021/04/08/fg-declares-foreign-stock-trading-platforms-like-bamboo-trove-rise-and-others-illegal/

The Minister of Communication and Digital Economy, Dr. Isa Pantami has disclosed that he pushing for the Bank Verification Number (BVN) to be replaced with the National Identity Number (NIN).

Pantami who stated this during a tour of several NIN registration centres in Abuja said that BVN is only for bank accounts holders while NIN is for all Nigerians...


Continue here: https://www.techawkng.com/2021/02/09/pantami-pushes-for-bvn-to-be-replaced-with-nin/

Attorney General of the Federation and Minister of Justice, Abubakar Malami, has directed the National Drug Law Enforcement Agency (NDLEA) to put screening of 5,000 new recruits on hold.

This is according to a statement by Dayo Apata, Solicitor General of the Federation...


Continue here: https://www.techawkng.com/2021/01/09/covid-19-attorney-general-directs-ndlea-to-halt-screening/

The Federal Government has extended the deadline it earlier gave to telecommunication companies for the re-registration of all SIM cards with the National Identity Number (NIN).

This was disclosed in a statement by Engr. Aliyu Aziz, Director-General, NIMC on behalf of the Ministerial Task Force which met today.

The meeting was chaired by the Honourable Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim (Pantami) with major stakeholders in the sector including Chairman-NCC, EVC-NCC, DG-NITDA, DG-NIMC, ECTS/ECSM-NCC, Chairman ALTON, CEOs of MTN, Airtel, Ntel, Glo, Smile, and 9Moble in attendance...

Continue here: https://www.techawkng.com/2020/12/21/breaking-fg-extends-deadline-for-sim-nin-syncronisation-by-3-weeks/

The Federal Government has approved 173 centers and 30 state government institutions to conduct registrations of all persons including legal residents into the National Identity Database (NIDB) on behalf of the National Identity Management Commission (NIMC).

The Director-General of NIMC, Engr. Aliyu Aziz explained in a statement that the licensed agents were approved after successfully fulfilling all the conditions in the advertised Expression of Interest (EOI) which was done in 2019 as a first step towards the take-off of the National identity Ecosystem project...

Continue here: https://www.techawkng.com/2020/12/17/checkout-list-of-approved-nimc-enrolment-centres-nationwide/

Aswear, that one na big problem. Let me share an experience. I ordered an item on Jiji. Quite alright, I met the seller at his shop at Mushin. What I discovered is that their price are much more expensive. The issue of scam is relative. One has to be very careful.

After this experience, I just abandoned Jiji and moved to OList. Since I started buying Olist, I have faced several challenges but still, they are better.

onisciente:


But a big problem is where deciding a meeting place with those brands. Imagine you see something you like and you want to buy but how do you know it is real? As you already know, there are a lot of scammers looking for who to scam.

The Nigerian Communications Commission (NCC) has been given a directive to disconnect all lines that are not linked to the National Identity Number (NIN) by December 31st.

Failure to do so before the deadline will lead to your line being blocked or disconnected...

Continue here: https://www.techawkng.com/2020/12/16/how-to-link-your-phone-number-with-your-nin/

The Federal Government has directed the Nigeria Communications Commission (NCC) and telecommunications companies to disconnect all SIM cards not linked with valid National Identity Number (NIN) by December 30th.

This directive came after an urgent meeting of key stakeholders in the Communications industry convened by the Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim Pantami on Monday, December 14, 2020...

Continue here: https://www.techawkng.com/2020/12/15/fg-to-disconnect-sim-cards-not-linked-to-nin-by-december-31st/

A Federal High Court in Asaba has declared as unlawful, illegal, null, and void the deduction of the sum of N50 as Stamp Duty charges from the accounts of commercial bank customers in the country.

The court in addition made an order restraining the Central Bank of Nigeria (CBN) and banks from making further deductions unless authorised by law.

Justice Nnamdi Dimgba made the declaration in a judgment he delivered in a suit filed by Mr. Rupert Irikefe, a bank customer, challenging the continued deduction of Stamp Duty charges from his current bank account domiciled with Zenith Bank in Asaba, Delta State...

Continue here: https://www.techawkng.com/2020/12/14/court-declares-n50-stamp-duty-illegal/

You cannot sell secondhand items on Jumia. OList and JiJi send second-hand items. You can try them.

onisciente:
PayPorte ke? I thought their business folded a while ago?

Konga is good.
I like Jumia and Jiji. Olist comes close too but I don't have much experience with it though.

But can you sell secondhand items on Jumia and Konga?

There is quite a lot of eCommerce and classified websites that are doing business in Nigeria. Of course, we all know Jumia as the leader. However, there are others among them are

-Konga
-PayPorte

Popular Classified platforms include:


OList.ng


So fellow nairalanders which one is the best in Nigeria and which one have you used and you are actually satisfied with?

How is it a scam?

AskProf:


Scamming is not blogging.

Two of the biggest prepaid card companies in the world, Mastercard and Visa have announced that they stopped processing payments on Pornhub.

They based this decision on a comprehensive and detailed New York Times report last week that many ...

Continue here: https://www.techawkng.com/2020/12/11/why-pornhub-users-can-no-longer-pay-with-their-master-visa-cards/

Iwájú, a sci-fi animation production between Disney and Kugali Media, a Nigerian animation company that showcases the best of African aesthetics and stories will make its debut on Disney+ in 2022.

Confirming the partnership, Disney said in a tweet: In a first-of-its-kind collaboration, @DisneyAnimation and Pan-African entertainment company Kugali will team up to create an all-new, science fiction series coming to @DisneyPlus in 2022: Iwájú. Check out a first look at visual development art from the series.

Continue here: h[url]ttps://www.techawkng.com/2020/12/11/iwaju-a-sci-fi-animation-developed-by-kugali-media-to-debut-on-disney-in-2022/[/url]

The Federal government has slashed the price of data by over 50 percent following a directive that the Nigerian Communications Commission, NCC, should put in place measures to that effect.

Accordingly, the price of data of 1GB has been reduced from 1000 naira to 487 naira beginning from last November.

The Minister of Communications and digital economy Dr. Isa Ibrahim Pantami said it was in line with the directive he gave to the regulatory agency (NCC) to put measures in place to reduce the average cost of data in the country.

Continue here: https://www.techawkng.com/2020/12/10/nigerians-to-pay-less-for-data-after-fg-slashes-price-by-50-percent/

Dr. Isa Ali Pantami, Nigeria’s Minister of Communications and Digital Economy has directed the Nigerian Communications Commission (NCC) to embark on another audit of the Subscriber Registration Database again.

This was disclosed in a press release signed by Dr. Ikechukwu Adinde NCC Director, Public Affairs...



Continue here: https://www.techawkng.com/2020/12/09/here-is-why-nigerians-can-no-longer-register-new-sim-cards/

Twice As Tall, the latest album of Burna Boy has been declared 2020’s most-streamed Nigerian album on Spotify. The album has attracted over 64 million streams.

Spotify further revealed that Wizkid’s ‘Made In Lagos’ came second with 31 million streams while Tiwa Savage’s Celia was third with 10.1 million...

Continue here: https://www.techawkng.com/2020/12/03/burna-boys-latest-album-twice-as-tall-spotify/

As the world settles into a new normal due to the COVID-19 pandemic, MTN mPulse is looking to enable young students, passionate about making a difference to build innovative solutions that are relevant now & beyond in the MTN mPulse Hackathon.

Promising solutions in the identified submission categories will be supported by MTN to achieve their full potential with expected widespread adoption and social impact. Before you submit your entry below, first go through the rules...

Continue here: https://www.techawkng.com/2020/12/02/apply-for-mtn-mpulse-hackathon/

The Federal Government has announced the increment in the number of N-Power beneficiaries to one million up from 500,000. President Muhammadu Buhari gave the directive to increase the beneficiaries to the Minister of Humanitarian Affairs, Sadiya Farouq.

The N-Power is an initiative of the Federal Government of Nigeria aimed at lifting Nigerians out of poverty through capacity building, investment, and direct support. The programme spans agriculture, health, education, and tax...

Continue here: https://www.techawkng.com/2020/12/02/fg-increases-n-power-beneficiaries-to-one-million/

PlayStation 5 has been out for a few weeks now and quite a number of Nigerians are not very sure where you buy the new PlayStation console.

The Standard Edition (with disc) is more expensive than the digital edition (Which is without disc).

So where can you buy the latest PlayStation 5 Console in Nigeria aside from ordering from Amazon or eBay?

Continue here: https://www.techawkng.com/2020/11/28/where-to-buy-playstation-5-console-in-nigeria/

The Academic Staff Union of Universities (ASUU) has agreed to end its strike that has grounded activities in Nigerian government-owned universities for eight months.

The union accepted to suspend its strike at a meeting on Friday with the Federal Government delegation led by the Minister of Labour and Employment, Chris Ngige.


Continue here: https://www.techawkng.com/2020/11/28/ASUU-agrees-to-suspend-8-months-old-strike/

The Federal Ministry of Youths and Sports in partnership with Tiimafrica has announced that it is offering a one-time grant of $5,000 to SME owners.

The initiative is under the Project Grow 100 inaugurated by the Federal Government through a partnership between the Federal Ministry of Youth and Sports and Tiimafrica to help small business owners access funds required to take their businesses to the next phase...

Continue: https://www.techawkng.com/2020/11/26/fg-timiiafrica-announces-5000-one-time-grant-for-sme-owners/

Football legend Diego Armando Maradona has passed away at the age of 60 after suffering a heart attack at his Buenos Aires home.

The Argentine Football Association expressed “its deepest sorrow for the death of our legend”, adding: “You will always be in our hearts.”

Argentina President Alberto Fernandez declared three days of national mourning after the news of Maradona’s death...

Continue here; https://www.techawkng.com/2020/11/25/argentina-football-legend-diego-maradona-dies-age-at-60/

Back in 2015, I fought friends who supported the return of Goodluck Ebele Jonathan because I strongly believed in President Muhammadu Buhari because of his anti-corruption stance. I, like many Nigerians, attributed this messianic figure to this ‘reformed democrat.’

After the initial 4-years of complete and monumental failure to deliver his campaign promises, I foolishly supported his second term bid because I felt he was a better alternative to Atiku Abubakar.

I unreasonably thought he would redeem himself. But alas, I was only giving him another opportunity to display his sheer ruthlessness/incompetence, to advance Nigeria’s economic woes, and to push his northern agenda.

Ultimately, to display his total lack of empathy and loss of value or respect for Nigerian life. Unapologetically, he is a snake in the grass. A dangerous tiger that disguises as a sheep. A taciturn man whose facade says everything about his personality-wicked, heartless and unsympathetic.

Events in Nigeria in the past few months has shown that the country is in shambles under this regime led by Muhammadu Buhari. Like Small Doctor said in his hit song penalty- we have played penalty to throwing.

The alarming and worrisome part is that neither he or his sycophants (Lai Muhammed, Garba Shehu, Femi Adesina, Adamu Garba, Godwin Emeifiele et al) recognise this fact.

We won’t forget the merciless, pitiless, cruel, hard-hearted, and criminal end to the #EndSARS protests (We shall never forget Nigerians who were murdered/massacre at Lekki Tollgate and every other person who died to rescue this country from its precipice) and the ridiculous policies and announcements emerging from this clueless government.

For example, Nigeria is going cap-in-hand to obtain a $1.2 billion (N459 billion) loan from Brazil.

As of June 30, 2020, Nigeria’s total debt profile rose to N31. 009 trillion ($85.897 billion) according to the Debt Management Office (DMO. Both FG and state governments have borrowed the future of this country from China, the World Bank, and the IMF.

Even recently, reports went viral that Nigeria has signed an MOU with Niger republic for petroleum products importation. It is to this same Niger that the FG wants to construct a $1.96 billion railway. The government says it will stop at Niger’s border. We know better.

What about inflation? The Nigerian inflation rate rose to 13.71% (year-on-year) in September 2020 indicating 0.49% point higher than 13.22% recorded in August 2020. This was contained in the Consumer Price Index (CPI) report, released by the National Bureau of Statistics (NBS).

According to the report, Nigeria has endured a persistent increase in inflationary rate, growing from 12.13% in January to 13.71% in September, which is highest recorded in 30 months. Hence, no surprise that onion is not within the reach of the common man.

How much is a naira to a dollar? Buhari has lost the economy. Students have been home for months.

There is no hope for Nigeria with President Buhari in power. Regardless, we have to wait till 2023 to punish (our votes-get your PVC) APC and PDP for failing Nigerians.

In the meantime, we have to send a strong signal to the APC in Lagos on December 5 by not voting for their candidate in the Senatorial election.

Also, let the soro soke generation not keep quiet. Let’s continue calling the government out on social media. Let’s not stop tagging international media and the international community to the dictatorial tendencies of Buhari. If we stop, Buhari’s ruthlessness will know no bounds!

https://explorenewsng.com/2020/11/20/buhari-this-is-not-the-change-we-voted-for-in-2015/

The crises between Alta Semper Capital and HealthPlus is far from over as the private equity has again attempted to take over the head office of one of Nigeria’s leading pharmaceutical chain stores.

According to TheCable, Chidi Okoro who was recently appointed HealthPlus’ chief transformation officer appointed by the firm, led some police officers to the head office on Tuesday....

Continue here: [img]https://www.techawkng.com/2020/11/11/alta-semper-capital-makes-2nd-attempt-to-take-over-healthplus-head-office/[/img]

Innoson Vehicle Manufacturing (IVM) has announced that it will launch its brand of ride-hailing service, IVM Cruise on Friday, November 13th, 2020.

This was made known in a press release by Cornel Osigwe, the Head of Corporate Communications & Affairs.

The new service offering from the company according to Osigwe will commence from the city of Enugu with other cities consecutively coming on stream...


Continue here: https://www.techawkng.com/2020/11/10/innoson-officially-launches-ride-hailing-service-ivm-cruise/

Consumers of telecom services who are dissatisfied with services rendered to them by any of the Service Providers have a right to seek redress of the situation by reporting to the Nigerian Communications Commission (NCC) after they would have reported to their respective service providers and are still not satisfied with the responses...

1. When dissatisfied with telecom services:
The Consumer should contact the service provider, whose services or product he/she is not satisfied with, to make a complaint and obtain a complaint ticket number...

Continue here: https://www.techawkng.com/2020/11/09/ncc-procedure-for-lodging-consumer-complaints-against-telcos/

The Central Bank of Nigeria (CBN) has officially gotten a court order from the Federal High Court Abuja Division to freeze the accounts of individuals and businesses perceived to be #EndSARS promoters.

1. Bolatoto Racheal Oduala
2. Chima David Ibebunjoh
3. Mary Doose Kpengwa...

Continue here: https://www.techawkng.com/2020/11/07/cbn-gets-court-order-to-freeze-bank-accounts-of-endsars-promoters/