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NPS Processes Over 26 Million Transactions As First Bank and Fidelity Bank Lead In Volume and Value

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The Nigeria Inter-Bank Settlement System (NIBSS) Plc, Nigeria's foremost payments infrastructure provider, has commenced the rollout of the National Payment Stack (NPS), a sovereign, ISO 20022 compliant digital infrastructure designed to succeed legacy NIBSS Instant Payment (NIP) system and modernize Nigeria’s financial ecosystem. Unifying payments, identity, and data onto a single intelligent rail, the multi-currency architecture bridges transaction processing and payment intelligence while establishing robust cross-border capabilities. Initial operational metrics highlight rapid commercial adoption, with the NPS platform already recording 26.55 million transactions valued at ₦1.4 trillion across 48 participating institutions. First Bank of Nigeria leads the industry in total transaction volume, while  Fidelity Bank holds the lead in overall transaction value. Other key early adopters driving network scale also include Guaranty Trust Bank, Sterling Bank, Access Bank and Moniepoint...

Abiodun To Ogun Monarchs: Mobilise Subjects for Peaceful, Responsible 2027 Elections …Inaugurates Alake As Chairman, State Council of Obas

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L-R: New Chairman Of the Ogun state Council of Obas and the Alake and Paramount Ruler of Egbaland, Oba Adedotun Aremu Gbadebo; Ogun State governor, Prince Dapo Abiodun; Olu of Ilaro and Paramount Ruler of Yewaland, Oba Kehinde Olugbenle and the Akarigbo and Paramount Ruler of Remoland, Oba Babatunde Ajayi, during the inauguration of the new chairman of the Ogun State Council of Obas at the Oba's Complex, Oke-Mosan, Abeokuta on Tuesday. Ogun State Governor, Prince Dapo Abiodun, has charged traditional rulers across the state to deploy their influence at the grassroots to mobilise their subjects for peaceful, responsible and informed participation in the 2027 general elections. Abiodun made the call on Tuesday while inaugurating the Alake and Paramount Ruler of Egbaland, Oba Adedotun Aremu Gbadebo, as the new Chairman of the Ogun State Council of Obas at the Obas’ Complex, Oke-Mosan, Abeokuta. The governor urged the monarchs to educate their subjects on the importance of civic partic...

Aare Bashir Fakorede Again Finger In A Land-Grabbing Plot Against People Of Ojaekomo Despite Court Orders

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The Ojaekomo Family of Sapata Village, Eti-Osa Local Government Area of Lagos State, has raised the alarm over an alleged attempt to forcibly take over land allocated to it by the Lagos State Government. The family, through the Centre for Accountability and Social Well Being (CASW), also called on the Inspector-General of Police, Lagos State Government, Nigeria Security and Civil Defence Corps (NSCDC) and other security agencies to prevent possible violence and investigate the activities of Bashiru Fakorede and others allegedly acting in connection with competing interests in the disputed property. Addressing journalists at press briefing, Mariam Adekoya and Bolaji Arokoyo, who spoke on behalf of CASW, the group said the dispute had gone beyond an ordinary land disagreement and had become a matter concerning public safety, respect for government decisions and the rule of law. According to the group, Fakorede had been repeatedly sighted on the disputed property in circumstances connecte...

The Asset No Creditor Can Seize

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In the corridors where money and power meet, integrity is not a soft virtue to be admired from a distance. It is the hardest risk control an institution owns, and the one asset that outlives us. By Eyitayo Quadri, Chief Risk Officer, Union Bank of Nigeria Much of my working life is spent thinking about what can go wrong and/or how it can be done better in a safe way. That is the quiet vocation of a risk officer: to sit in the room where decisions are made, to ask the unpopular question, to imagine the failure before it arrives and to price the danger no one else wants to name. Over the years, that work has taught me a humbling truth. The largest risks a financial institution faces are rarely the ones on the spreadsheet. They do not live in the market data or the credit models. They live in character, in the integrity, or the absence of it, of the people who hold power. It is a theme as old as commerce itself, and I want to borrow a very old story to make the point. It comes from the Je...

Abiodun Seeks Stronger Government-Church Partnership To Raise Responsible Future Leaders

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L-R: The Diocesan Bishop of the Egba Anglican Diocese, Rt. Rev’d Oludaisi Adekunle; the Alake and Paramount Ruler of Egbaland, Oba Adedotun Aremu Gbadebo; Ogun State Governor, Prince Dapo Abiodun; the Archbishop, Metropolitan and Primate of All Nigeria Anglican Communion, The Most Rev’d Henry Ndukuba; former Primate of the Church of Nigeria (Anglican Communion), Archbishop Peter Akinola; and the Bishop of the Remo Anglican Diocese and Archbishop of the Ecclesiastical Province of Lagos, Rt. Rev’d Olusina Fape, during the presentation of an award to Governor Dapo Abiodun as a Distinguished Benefactor of the Egba Anglican Diocese at the 50th anniversary celebration of the Diocese, held at St. Peter’s Cathedral, Ake, Abeokuta, on Sunday... Ogun State Governor, Prince Dapo Abiodun, has called for a stronger partnership between government and the Church to raise disciplined, cultured and responsible young people capable of providing the leadership needed to drive Nigeria’s future development...

Ogun LG Poultry Farm Records Zero Mortality As Birds Move To Battery Cage System

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Milestone underscores commitment to food security, modern agriculture and economic growth The Ado-Odo/Ota Local Government Poultry Farm has recorded another significant milestone in its drive to modernise agriculture, strengthen food security and maximise the economic value of public investment, following the successful transfer of its birds to a battery cage system. The exercise, conducted on Friday, August 7, 2026, involved birds aged 85 days, with zero mortality recorded, further demonstrating the effectiveness of the farm’s management and animal-health protocols. The milestone reflects the administration’s commitment to transforming agriculture from subsistence practice into a viable economic enterprise capable of creating jobs, generating revenue and contributing meaningfully to food security. A farm supervisor described the successful transition as a testament to the effectiveness of the management system, noting that the absence of mortality during the exercise had strengthened ...

Abiodun Hails APC National Chairman, Yilwatda At 58, Says His Leadership Will Consolidate Party's Electoral Fortunes

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Ogun State Governor, Prince Dapo Abiodun, has congratulated the National Chairman of the All Progressives Congress (APC), Hon. Nentawe Yilwatda, on his 58th birthday, describing him as a focused and strategic leader whose stewardship is strengthening the party ahead of the 2027 general elections. Governor Abiodun said the National Chairman had, since assuming office, demonstrated the capacity, maturity and political dexterity required to lead the ruling party at a critical stage in the nation’s political development. In a congratulatory message, the Governor noted that the APC under Yilwatda’s leadership had continued to deepen internal cohesion, strengthen party structures and position itself for greater electoral victories across the country. He described the National Chairman as a dependable party administrator and grassroots-oriented politician whose commitment to unity and inclusiveness would remain crucial to the continued growth of the APC. According to Governor Abiodun, the tas...