General News
D. Day as 56m Nigerians Choose between GEJ and GMB

No fewer than 56 million Nigerians will file out today to elect the next president in an election believed to be the keenest in the history of the country, according to Punch newspapers.
The figure represents 81.9 per cent of the total number of 70,383,427 voters that registered for the election.
The ruling Peoples Democratic Party presidential candidate, Dr. Goodluck Jonathan and the opposition All Progressives Congress candidate, Gen. Muhammadu Buhari (retd) are once again asking for Nigerians’ votes in this year’s general elections to enable them to lead the country.
The two political gladiators contested in the 2011 general elections won by Jonathan. But this year’s election has generated much tension across the country following the near equal strength of the two major presidential candidates in the poll.
According to Punch, the Independent National Electoral Commission had in February shifted the general elections as a result of insecurity in the North-East and poor distribution of the Permanent Voter Cards.
The INEC Chairman, Prof. Attahiru Jega, had said that the commission was empowered by Section 26 (1) of the Electoral Act 2010 (as amended) to shift national elections due to some factors.
He explained that the postponement followed reports by the National Security Adviser, Col. Sambo Dasuki (retd.) and other service chiefs that their agencies would not be able to guarantee security of the commission’s personnel in some parts of the country. Jega had denied that INEC was forced to shift the polls, adding that the electoral body took the best decision under the prevailing circumstances.
“Nobody has forced us to take this decision; it is a very weighty decision, but under the present circumstances, we have taken the best decision and we stand by it,” he had said.
The postponement of the elections was said to have given security agencies the opportunity to reduce the insecurity posed by the Boko Haram terrorist group in the three North-Eastern states of Borno, Adamawa and Yobe as well as to allow the electoral body to improve in its distribution of the PVCs.
INEC, in its bid to ensure credible conduct of the elections, introduced a lot of innovations, including the PVCs and the smart card readers to prevent rigging.
The electoral body also increased existing polling units by 30,000. By this addition, the total number of polling units across the country’s 774 local government areas is now 150,000 from the initial 119,973.
The creation of the additional units was contained in an INEC bulletin signed by the Director in charge of the commission’s secretariat, Ishiaku Gali.
Gali had said the decision to create the additional polling units was taken at the commission’s meeting on August 12, 2014 so as to decongest polling units across the country.
As Nigerians elect the new president today, however, the electoral body has put the current total number of registered voters at 70,383,427 of which Lagos State with 5,426,391 has the highest number of registered voters. Nigeria’s commercial capital is followed by Kano with the second highest number of registered voters of 4,751,818.
Meanwhile, INEC has warned the electorate to shun activities that could trigger off breakdown of law and order as they vote for the candidates of their choice.
The Resident Electoral Commissioner in Ekiti, Mr. Sam Olumekun, and Head, Voter Education in Kwara State, Mr. Jacob Iyanda, asked the electorate to remain orderly while casting their ballots.
Olumekun, who spoke with Saturday PUNCH through the commission’s Public Relations Officer, Alhaji Taiwo Gbadegesin, said, “Voters are to be orderly and follow the instructions of electoral officers. They are not supposed to accept bribe because that is against the ethics of the election.”
Also, Iyanda warned voters or politicians against canvassing for votes during accreditation.
He said, “Voters are expected to come to the polling units with their PVCs. Secondly, they should follow the instructions of INEC officials because they are going to move from one point to the other in the process of accreditation.
“Voters should not canvass for vote, they should not wear any clothe or cap that has symbol of any political party. No symbol of a political party should be found on them. Voters should cast their votes and if they know they want to stay back to watch the proceedings, they should stay quietly and stay out of trouble.
“It is also wrong for them to accept bribe from party agents to cast their votes.
“Voters should make sure that once they finish accreditation between 8am and 1pm, by the time the real voting is supposed to come up by 1.30pm, everybody is supposed to be at the polling units. Once the voters are called to queue up and counted, then it will be difficult to start looking for someone who is not around. So before 1.30 pm, all voters must have converged on the polling units.”
The Deputy Director in charge of Voter Education in Osun State, Rev. Canon Stephen Ojewande, warned politicians and their parties against making provocative comments that could create bad blood among voters.
Urging voters to conduct themselves at the polling units while exercising their civic responsibility peacefully, Ojewande assured them of adequate security.
He also warned that anyone caught canvassing for votes on the election day would be dealt with according to the provision of the law.
Ojewande said, “We want voters to go to their polling units with their PVCs. Accreditation will be done and after this, voting will start. Nobody should canvass for votes during accreditation or voting time.”
Head of Voters Education Department in Oyo State, Mr. Ayodele Folami, said voters were expected to arrive at the polling units by 8am for accreditation.
He said, “We have electoral guidelines guiding the conduct of our staff, ad-hoc members and voters. It is standard rule and having gone through more than a decade of democratic process, we expect voters to have acquainted themselves with the rules. They are expected to be at the polling units by 8am and cooperate with our staff while verifying their PVCs.
“They are also expected to be law-abiding and respect the next voter who could be loyal to a rival party. Normally, political discussion is not allowed around the polling units because it could lead to violence.”
Folami added, “At no time on the day of the election will candidates or their supporters be allowed to campaign. All campaigns stop before the day. Campaign on such day is against electoral guidelines. Any politician who does so on the days of the elections will face the law and could jeopardise his chances or that of his candidate. It is also a crime to take bribe from party agents to cast vote for their candidate on election day.”
In Plateau, the police said that they had taken measures, along with all relevant authorities and stakeholders to forestall breakdown of law and order during the polls.
The Police Public Relations Officer, DSP Emmanuel Abuh, said that the police are also in touch with heads of various institutions, including universities, asking them to sensitise members of their communities against being used by unscrupulous politicians or taking the law into their hands.
He said, “Just as we have been briefing various stakeholders on the preparations for the elections, the police are working round the clock. No segment of the society will be left or neglected. Every precautionary measure has been taken to ensure that there is no breakdown of law and order.
He added, “As you can see, all the security agencies in the state carried out a show of force round the streets of Jos and its environs. This is to show you that we are serious about the election.”
Assistant Registrar, Information and Publication, University of Jos, Mr. Aaron Abdullahi, said that the institution did not envisage any problem during the polls as students are currently on break till April 16.
Abdullahi said, “The students are currently on break until April 16, but we have adequate security cover on campus right now. UNIJOS security staff members are currently on one-week intensive training from Monday, March 23 to 27. The resource persons are drawn from the police, DSS, military and other security experts.”
Meanwhile, the Federal Road Safety Commission said the body had deployed 20,000 personnel and 413 patrol vehicles along designated routes for today’s elections.
Corps Marshal, FRSC, Mr. Boboye Oyeyemi, said this was to ensure sanity on the nation’s highways during the polls.
This is contained in a statement signed by the Spokesperson for the commission, Mr. Imoh Etuk, and made available to Saturday PUNCH in Abuja on Thursday.
It said the commission had drawn a roadmap toward effective patrolling of designated routes on the highways to ensure best road safety practices among road users during the exercise.
It said the 24 Emergency Ambulance Response Centres at the various routes across the country would also complement efforts of the commission.
The routes are: FCT, Kaduna, Gombe, Jigawa, Taraba, Niger, Kogi, Ondo, Edo, Osun, Nasarawa, Plateau and Kwara states where the centres were located.
He said, “Motorists are hereby enjoined to ensure proper planning and management of trips through maintenance of their vehicles and compliance with traffic rules and regulations.
“ Road users are strictly warned to desist from all road vices such as overloading, speed limit violation, non-use of seat belt, route violation (driving against traffic), making/receiving calls while driving and night trips.
“Details of the objectives of this special exercise include the removal of obstructions from the highways; traffic control/decongestion and public enlightenment campaigns.
“Road users are strictly advised to desist from night trips and ensure that vehicles which ply the highways conform with safety standard,” the corps marshal added.
He listed functional head/tail lights, wipers, tyres, fire extinguisher, caution sign and non-defective windscreen as some of the basic conditions to be met by all motorists.
Oyeyemi urged motorists to call the FRSC Toll Free Emergency Numbers: 122 and 070022553772 to report any traffic crash or any other traffic-related challenges, for prompt response.
General News
Nigeria Market Powers Jumia’s Momentum as E-commerce Platform Demand Accelerates

Nigeria powered Jumia Technologies AG’s strongest growth in 2025, cementing its position as the company’s most important market as rising consumer demand, SME activity and logistics expansion boosted performance across the e-commerce platform.

In the fourth quarter of 2025, Jumia’s Nigeria operations recorded a 50% year-on-year increase in Gross Merchandise Value (GMV) and a 33% rise in orders. The performance highlighted growing adoption of online shopping and Jumia’s increasing relevance to African consumers.
Nigeria’s momentum helped drive 36% year-on-year GMV growth and 34% revenue growth across the group in the quarter, alongside a 26% increase in quarterly active customers. Growth was supported by stronger customer retention and higher order frequency.
Beyond sales growth, Jumia said its Nigeria operations are delivering wider economic impact. The platform supports thousands of local SMEs, enabling them to reach customers nationwide, while continued investment in fulfilment centres and last-mile delivery is creating income opportunities for logistics partners and sales agents.
Efficiency gains were also evident. Fulfilment costs per order declined 12% year-on-year, contributing to a 39% reduction in operating losses and a 47% drop in adjusted EBITDA losses in the fourth quarter. Cash used in operating activities fell sharply to $1.7 million, compared with $26.5 million a year earlier, while liquidity stood at $77.8 million at year-end.
Temidayo Ojo, Chief Executive Officer of Jumia Nigeria, said the results reflect growing trust from consumers and businesses. “Nigeria is central to Jumia’s growth,” Ojo said. “Each order supports local sellers, delivery partners and jobs, while improving access to affordable products for consumers.”
For the full year, Jumia reported 14% GMV growth and 13% revenue growth, with losses narrowing significantly. Looking ahead, the company expects Nigeria to remain a key growth driver as it targets 27–32% GMV growth in 2026 and aims to reach adjusted EBITDA breakeven by the fourth quarter of 2026.
General News
PalmPay Celebrates Valentine with #LoveWithPalmPay Campaign

This Valentine’s Day, PalmPay is celebrating love in all its forms with the launch of #LoveWithPalmPay, a campaign highlighting how simple, everyday shared money moments can bring relationships closer.

Valentine’s Day is more than grand gestures; it’s built on the small, meaningful actions that shape relationships, sending timely support, saving together, or managing shared responsibilities. PalmPay encourages users to share 30–60 second real-life stories, either solo or duet style, showing how PalmPay always works and has helped them support or stay connected with someone they love.
The campaign runs from February 9th to 21st across Facebook, Instagram, X (formerly Twitter), and TikTok. Four winners will receive ₦100,000 each week for two weeks, totalling a prize pool of ₦800,000.
Entries can take many forms, including couple videos, solo stories, split-screen duets for long-distance couples, or voiceover narratives with photos or clips, making the campaign inclusive for married couples, parents, and long-term partners.
How to Participate:
- Share an authentic love story about your partner
- Clearly show PalmPay in action (transfers, savings, or other in-app activities)
- Be creative and emotionally engaging
- Post between February 9th – 21st with the hashtag #LoveWithPalmPay
- Share on any of PalmPay’s social media platforms
“Love evolves, and so do relationships,” said Olorunfemi Hanson, Head of Marketing and Communication, PalmPay. “From dating to parenthood, the small money moments we share every day play a big role in keeping us connected. With #LoveWithPalmPay, we want to celebrate those stories and show how PalmPay always works, making everyday love simpler, reliable, and meaningful.”
This Valentine’s Day, PalmPay celebrates love as it truly is real, intentional, and built on shared moments.
PalmPay is a leading digital banking platform driving financial inclusion and economic empowerment in underserved emerging markets. Through its secure, user-friendly, and inclusive suite of financial services, PalmPay empowers individuals and businesses with tools to manage and grow their money.
PalmPay offers a comprehensive range of products, including mobile payments, savings, and micro-insurance via its app and mobile money agent network.
Since launching in Nigeria in 2019 under a Mobile Money Operator license, the platform has grown to over 35 million app users and processes up to 15 million transactions daily. PalmPay has operations in Nigeria, Ghana, Tanzania, and Bangladesh. For more information, visit www.palmpay.com
General News
CBN, NCC Propose Instant Refunds for Failed Airtime, Data

Central Bank of Nigeria (CBN)and the Nigerian Communications Commission (NCC) have proposed that customers must receive refunds within 30 seconds for failed airtime and data purchases to curb persistent billing complaints in the telecommunications sector.

This was indicated in the Exposure Draft of the Joint CBN–NCC Framework for Resolution of Failed Airtime and Data Purchase Transactions, which was published on the website of the CBN on Monday.
The landmark exposure draft, dated 5 February 2026, seeks to “institutionalise clear accountability” and establish a “coordinated approach to consumer redress” across the financial and telecommunications sectors.
The most significant shift in the proposed framework is the introduction of standardised, automated timelines for resolving failed transactions.
Currently, Nigerians often face long delays when airtime purchases fail at the bank, aggregator, or Mobile Network Operator level.
To solve this, the regulators have proposed a 30-second window for automated reversals. Section 6.0 (ii) of the draft exposure, which dwelt on failed transactions, especially as it relates to unfulfilled airtime/data delivery, proposes a time to refund the purchaser of 30 seconds “if the transaction failed at the bank level… Failed transaction delivery from NCC Authorised Licensees… Failed transaction delivery from MNO to the NCC Authorised Licensee.”
The draft emphasised that stakeholders must “automate reversal processes across all stakeholders” to ensure that refunds require no human intervention from the customer.
The draft exposure also stated that “all parties involved in airtime and data transactions shall take the following actions to ease usage and facilitate consumer satisfaction: a. Stakeholders must immediately connect ONLY to relevant authorised licensees of the NCC and CBN. b. MNOs and banks must only connect to NCC Authorised Licensees/MNO digital channel partners for airtime and data vending… Notifications of failure create final settlement obligations between MNO and NCC-authorised licensees… The NCC and CBN will audit stakeholder compliance jointly or individually at quarterly or other intervals as may be determined.”
From a business and oversight perspective, the regulators are proposing a Central Monitoring Dashboard to be hosted jointly by the CBN and NCC, which will track reversals, Service Level Agreement breaches, and customer complaints in real-time.
“There shall be a Central Monitoring Dashboard hosted by CBN/NCC for tracking reversals, SLA breaches, and customer complaints. This will facilitate the establishment of a real-time national ‘Failed Transactions Dashboard’ with a uniform error code with end-to-end visibility across the value chain’, read the draft exposure.
This is designed to eliminate the “unclear ownership of liability” that often occurs when banks and telcos blame each other for failed recharges. To support this, banks and MNOs will be required to maintain and share daily reports of successful and failed cases.
The proposed framework also addresses the common problem of “lost” money when customers recharge ported phone numbers. The draft mandates that MNOs must validate a phone number against the ported number database before processing any recharge. If the system identifies a number as ported out or invalid, it must “proactively stop recharges” and send a failure code back to the bank to ensure the customer is not debited.
For erroneous recharges sent to the wrong person, the framework sets clear protocols: below N20,000, MNOs will request the recipient’s consent before a reversal, and when it is above N20,000, an affidavit of indemnity or notarised letter is required to process the recovery.
The CBN and NCC in the exposure draft signalled they will take a firm stance on compliance. Both agencies will conduct joint quarterly audits of all stakeholders, including banks, payment service providers, and MNOs, to verify compliance with the new rules. The regulators have warned they will “impose penalties for any breach” of the framework’s provisions.
Banks and other financial institutions have until 10 February 2026 to submit their inputs on the draft before it is finalised. Once implemented, the framework is expected to significantly restore “subscriber trust” in Nigeria’s digital financial ecosystem.
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