The Senate has threatened to commence legislative proceedings that would lead to a complete privatisation of the Nigerian Postal Service (NIPOST) if the agency failed to revamp its service and change the business model. According to the Senate, the agency need to change from its current analogue operation and embrace …
Read More »Strengthening Nigeria’s Distribution System to Transform the Digital Economy
By Elvis Eromosele Recently, I had the task of sending prescription glasses in a case to Benin City. After considering all the available options, it became clear that taking it to a park and paying one thousand naira was the best way to get it delivered, on the same day. …
Read More »DG NITDA Calls for Creation of Digital Economy Ministry in All States
The Director General, National Information Technology Development Agency, (NITDA) Kashifu Inuwa has canvassed for the creation of Ministry of Digital Economy in all states of the federation to complement various efforts and initiatives of the Federal Government. The NITDA’s boss made this remark in Ibadan, Oyo State at the just …
Read More »Nigerian Data Protection Bureau Generates N3 Billion in Two Years – Pantami
Following the creation of the Nigerian Data Protection Bureau (NDPB) recently by Mr President, the Minister of Communication and Digital Economy, Prof. Isa Pantami revealed that the bureau has generated value worth over 3billion naira in two years of its existence. He started this as he launched the logo, website …
Read More »NIPOST Targets 52 Million Unbanked Nigerians, Unveils Postal E-debit Card
The Nigerian Postal Service (NIPOST) has launched its postal e-debit card and is finalising arrangements to launch a microfinance bank that would enable 52 million unbanked Nigerians to conduct financial transactions through its various outlets in all of the nation’s 774 local councils. Speaking at the event, yesterday, in Abuja, …
Read More »FG to Unbundle NIPOST into Courier Services, Microfinance Bank
The Federal Government has unveiled plans to unbundle the Nigerian Postal Service (NIPOST) into a courier service, microfinance bank among others. The Minister of Communications and Digital Economy, Isa Pantami, disclosed this on Tuesday during the unveiling of NIPOST’s N50 revenue stamp for denoting transactions in the country. He listed …
Read More »NIPOST Leveraging on Technology to Enhance SMEs Growth
The Nigerian Postal Service (NIPOST) has restated its commitment in advancing the growth of Small and Medium Enterprises (SMEs) in the country through its robust e-Commerce delivery system, designed to boost the Nigerian economy. The Postmaster General of NIPOST, Dr. Ismail Adedayo Adewusi, stated this during NIPOST’s Special Day at …
Read More »NIPOST Tackles FIRS, Says Stamp Duties Account was Opened by CBN
Nigerian Postal Service (NIPOST) has said that contrary to the position of the Federal Inland Revenue Service (FIRS), it was not operating any illegal stamp duty account, adding that the alleged illegality, misappropriation by FIRS was uncalled for. In a statement signed by Franklin Alao, general manager, Corporate Communications, the …
Read More »Senate to Intervene in NIPOST, FIRS Stamp Duty Dispute
The Senate says it will soon schedule a meeting with all relevant stakeholders to resolve the ongoing stamp duty controversy between the Nigerian Postal Service and the Federal Inland Revenue Service. The Chairman Senate Committee on Finance, Senator Solomon Adeola, who disclosed this in an interview with our correspondent, explained …
Read More »NIPOST Commences Western Union Money Transfer Services
The Nigerian Postal Service (NIPOST) says it has commenced Western Union (WU) money transfer and payments services in its Post Offices. It stated that the service is beginning with a pilot scheme at the Victoria Island Post Office and Marina Post office in Lagos State. NIPOST is offering the services …
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