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Day: January 27, 2026

Nigeria’s PAPSS cross-border payments falls 53% to N5.6bn

By Babajide Komolafe Nigeria recorded N5.6 billion in cross-border transactions under the Pan-African Payment and Settlement System (PAPSS) in the first half of 2025, H1’25, a 53 percent drop from N11.97 billion recorded in the corresponding period of 2024, H1’24. The Central Bank of Nigeria, CBN, disclosed this in its Financial Stability Report, June 30th, 2025, which…

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Dangote Refinery reaffirms market stability, assures nationwide PMS supply

By Udeme Akpan Dangote Petroleum Refinery & Petrochemicals reaffirms its commitment to market stability and uninterrupted nationwide supply of Premium Motor Spirit (PMS). During the recent festive period, the Refinery implemented a deliberate, temporary price support intervention to cushion Nigerians amid heightened household spending. This marked the second consecutive festive season in which the Refinery…

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You didn’t register with us – ADC disputes Gada’s alleged party membership

The chairman of the African Democratic Congress (ADC), Sokoto state chapter, Alhaji Bello Isiyaku-Keegan, has denied Sen. Abubakar Gada’s membership, saying he was never their member. Isiyaku-Keegan stated this while addressing newsmen on Monday in Sokoto. He emphasised that membership of a political party was a formal  and verifiable process involving registration and documentation through…

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