News
7411 Operators Say Directory Service is in National Interest
Operator of the directory services, using 7411 code has said it is important for Nigeria to have a 24-hour directory call centre where information can be retrieved and authenticated.
This according to the promoters of the initiative is the better business practice in every part of the world.
The service which was responding Nigerian Police Force publication said “it is in no way aimed at misleading Nigerians, over the short SMS claimed to have been sent, neither is it focused at undermining the national security works in any way”
Barrister Toluwani Opebiyi, legal adviser of the 7411 directory operators, said that “Our job is to respond to queries to the best of our abilities”
According to the operator “as part of the efforts of the President Jonathan Goodluck led reformation agenda, it is important that the entire nation have a 24hour directory call centre where information can be retrieved and authenticated. It is the better business practice in every part of the world”
The service said it is duly licenced by Nigeria Communication Commissions to provide up-to-date information to Nigerians over the phone.
“As such we pull our information from authenticated sources and share with Nigerians on enquiry basis without the aim of misleading our great people. We are there on the phone 24hours a day running diesel powered generators; whilst ensuring quality of service” it said
Opebiyi said, telephone enquiries from several Nigerians, over issues surrounding addresses to police stations, telephone numbers of Divisional police posts, how to identify fake policemen prompted its answers to well-meaning Nigerians on issues bothering us all.
He said “If you Google “how do I identify a fake policeman in Nigeria”, several answers will drop down. But we do not rely on hear-say; neither do we follow unauthenticated sources. We do our due diligence, and we will continue to try our best in anwers around the confines of the laws of Nigeria.
“As part of efforts to deliver this service most professionally, we are continually making efforts to meet with the top hierarchy of govermental agencies whose information have been identified to be criticaly needed amongst Nigerians. We have been able to meet with some; others are in the pipeline, as we appeal to them proving value propositions into why information precedes power to the people” he added.
The 7411 Directory Services is on time, able to lead and educate our great people Nigerians about several information that are doubtful.
Of course, people who don’t want the country to move forward will try to frustrate our efforts and that of the highly professional people at Nigerian Communication Commissions.
“As we speak, several employments have been created and Nigerians are embracing the services as a true source of information.
In so much Nigerians may call the Directory number 7411 for emergency enquiries, such as finding the nearest police station or getting the Telephone number of Rapid Response Police officers, the operator of the National Directory has not said it has the capability to process emergency responses.
Of what use will it be for 7411 operators to say it can process emergencies, when it really can’t?” As it is now, we are in high talks with the top hierarchy of authorities on what to share on sensitive security matters.”
“We at the National Directory also appeal to all security establishments including the Police to make available necessary information on their websites in other to aid human per capita development and avoid doubts” he concluded.
News
How and Why N210 Trillion is Missing in NNPCL – CFO

Adedapo Segun, chief financial officer (CFO), Nigerian National Petroleum Company Limited (NNPC), has explained why there is a missing sum of N210 trillion in the company’s audited financial statement spanning from 2017 to 2023.
According to Segun, the missing funds are cash calls requested by joint venture (JV) partners and settlement to the JVs.
He spokeat a session of the Senate Committee on Public Accounts chaired by Aliyu Wadada.
Segun was responding to an alarm raised by the committee over missing N210 trillion in NNPCL’s audited financial statement.
Recall that Wadada issued a one-week ultimatum to NNPCL to account for the missing N210 trillion.
Reacting, Segun said, “The N103 trillion and N107 trillion are made up of joint venture cash calls that have been requested by the JV operators and JV cash call payments made by NNPCL, which are yet to be reconciled because governance procedures were not done at that time.
“That is why you see the description reflecting those two items would be washed out because they are two sides of the same transaction, which is the cash calls by JV partners and the settlement by NNPCL.”
However, Habu Sadeik, a financial analyst, in a post on X on Thursday, said Segun’s response was unsatisfactory.
Saidik faulted NNPCL’s response about the fund discrepancies, noting that something is not right with the audited financial statement.
“Forget about the senators’ lack of knowledge.
“The CFO’s response is not satisfactory. Are you saying that cash calls worth hundreds of trillions are just appearing on your FS only in 2024 without 31 disclosure?
“If it’s a cash call, why hasn’t the disclosure said so?
“Which cash call is over 100 trillion?
“Something is definitely not right, and I hope they retrospectively correct that FS.
“Someone somewhere did a chef’s work,” he wrote on X.
News
PalmPay, Glo Launch “Recharge and Win Bonanza 2” with Exciting Prizes

PalmPay, Nigeria’s leading fintech company, has partnered with Globacom to launch the second edition of the “Recharge and Win Bonanza” campaign. The promotion, which runs from June 19th to August 8th, 2025, offers Nigerians the chance to win amazing prizes when they purchase Glo airtime and data via the PalmPay app.
According to a joint statement by PalmPay and Globacom, “A weekly live raffle draw will be held and streamed on PalmPay’s official social media channels throughout the campaign. Customers who make Glo transactions through the PalmPay app will be eligible to win prizes, including the iPhone 15 Pro, Infinix Hot 40, and other exciting items”.
To participate, interested customers can log onto http://bit.ly/PalmPaySms .
The statement added that all transaction above N500 gives participants an extra shot at winning, adding that daily social media challenges will also offer participants a chance to win cash prizes.
Additionally, PalmPay users can enjoy up to 6% cashback when they buy Glo airtime and data through the PalmPay app. As an added bonus, customers who have not subscribed to a Glo data plan in the last 90 days will receive a 100% bonus on their recharge during the campaign period.
Wayne Ruppel, Head of Billers at PalmPay Limited expressed excitement about the partnership, stating that, “This collaboration is a major step in our mission to deliver MORE – more support, more rewards, and more innovation to our customers.
Partnering with Glo, a leader in the telecommunications sector, is a testament to our shared commitment to improving everyday experiences for all Nigerians. We are excited to reward our users and encourage everyone to take full advantage of this exciting opportunity.
Globacom also expressed delight at creating additional value for its subscribers through unique customer-appreciation schemes.
“Our partnership with PalmPay on the “Recharge and Win Bonanza perfectly underscores our commitment to delivering exceptional value and experiences. Over the years, we have always sought innovative ways to enrich the lives of our customers. We, therefore, enjoin our subscribers to utilize the opportunity provided by the bonanza and enjoy the many benefits it offers”, the company stated.
PalmPay and Glo will collaborate throughout the campaign period to deliver exceptional customer experience, reward loyalty, and reinforce their shared mission to make digital transactions more accessible, rewarding, and secure for millions of Nigerians.
News
UK Reaffirms 99% Duty-Free Access for Nigerian Exports Under Developing Countries Trading Scheme

United Kingdom has reiterated its long-term commitment to strengthening economic ties with Nigeria, confirming that 99% of Nigerian goods will continue to enjoy duty-free access to the UK market under the Developing Countries Trading Scheme (DCTS).

Dr. Richard Montgomery, British High Commissioner to Nigeria
The announcement reinforces the UK’s intention to bolster sustainable trade with Nigeria, boost export competitiveness, and promote inclusive economic growth across both nations. Introduced in June 2023, the DCTS is designed to reduce tariffs and simplify export rules for developing economies. It currently benefits 37 African countries, with Nigeria being a key player.
Nigerian exporters are set to gain substantial advantages from the scheme, which allows over 3,000 products—ranging from cocoa, plantain, and shrimp to processed items like cocoa paste, palm oil, and cotton garments—to enter the UK duty-free or with reduced tariffs. This shift supports value addition in Nigeria’s export ecosystem, encouraging the move from raw to processed exports.
British High Commissioner to Nigeria, Dr. Richard Montgomery, said: > “Nigeria stands at the heart of the UK’s global trade ambitions. This isn’t just about improved market access—it’s about building a fairer, freer global trading system that supports economic growth and job creation, both in developing countries and in the UK.”
He further noted that through the UK-Nigeria Enhanced Trade and Investment Partnership (ETIP), the UK continues to work closely with the Federal Ministry of Industry, Trade and Investment (FMITI) to tackle export challenges and maximise opportunities under the scheme.
The DCTS aligns with broader UK efforts to expand trade relations across the globe, complementing recent agreements with nations such as India and the United States.
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