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Tag: payments

Health
NDDC denies allegations of withholding 6 months' salary payments for workers

NDDC denies allegations of withholding 6 months’ salary payments for workers

August 23, 2023November 20, 2024 AGS

The Niger Delta Development Commission (NDDC) has countered rumors suggesting that it owes its security personnel more than six months’ worth of wages. Dr Pius Ughakpoteni, NDDC’s Director of Corporate Affairs, released a statement in Port Harcourt to provide clarity … Continue reading NDDC denies allegations of withholding 6 months’ salary payments for workers

Business
CBN implements ₦50,000 daily limit on contactless payment channels

CBN implements ₦50,000 daily limit on contactless payment channels

June 28, 2023June 28, 2023 AGS

The Central Bank of Nigeria (CBN) has implemented new restrictions on contactless payments made through bank accounts or digital wallets. As of June 27, 2023, a daily cumulative transaction limit of ₦50,000 and a single transaction limit of ₦15,000 have … Continue reading CBN implements ₦50,000 daily limit on contactless payment channels

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