General News
FRSC Suspends New Number Plate, License Enforcement

Federal Road Safety Corps, has bowed to two separate court judgements from Lagos and Abuja, and suspended the enforcement of the new vehicle number plate and the driving licence.
The two separate court judgements recently ruled that the scheme was illegal.
The Corps has therefore directed its commanding officers to commence a nationwide public awareness on the new initiative for motor vehicle administration in the country, which would emphasise the benefits of the new scheme and the need for buy-in from all Nigerians.
A statement by the Jonas Agwu, Corps Commander, Corps Public Education, in Abuja on Thursday, explained that the new directive is in line with decisions taken by the Joint Tax Board at its 129th meeting held on April 23 and 24, 2014 at the Headquarters of Edo State Internal Revenue Services in Benin.
It stated that the Board suspended the June 30, 2014 deadline earlier announced for the change to the enhanced Motor Vehicle Number Plate and the Driving Licence pending the outcome of the appeal by the FRSC.
“The States Internal Revenue Service, the Federal Road Safety Corps and the Vehicle Inspection Offices have been encouraged to put all necessary logistics in place to improve motor vehicle registration and issuance of driver’s licence in order to build a comprehensive database,” the statement added.
The FRSC equally directed its commanding officers to explore all available platforms such as motor park rallies, advocacy visits and other forms of public engagement in keeping with its 2014 strategic goal of improved public communication and road use education.
The corps re-affirmed that the court never vacated its statutory powers to design and produce the new number plate, “but only questioned its powers to fix deadline for enforcement of the new scheme, as confirmed by the recent directive from the Joint Tax Board which has the statutory powers to fix prices and set deadlines for implementation of the new number plate and driver’s license.”
It stated that the same position was taken by an Abuja Federal High Court which declared that the FRSC has no powers to invalidate a driver or vehicle license before its expiration.
General News
PalmPay Supports Nigeria Police Force National Cybercrime Centre 2025 Cybersecurity Awareness Walk

PalmPay, a Nigerian leading digital banking platform, supported the Nigeria Police Force National Cybercrime Centre (NPF-NCCC) during its Cybersecurity Awareness Walk held in Abuja as part of activities marking the 2025 Cybersecurity Awareness Month.

Themed “Secure Our World,” the event brought together key stakeholders from law enforcement, regulatory bodies, and the private sector to promote public awareness on cybersecurity, financial fraud prevention, and safe online practices.
PalmPay joined other participants in advocating for stronger public vigilance and safer digital engagement, reaffirming its commitment to supporting national efforts that enhance cybersecurity and consumer protection.
Speaking during the event, PalmPay’s Managing Director, Mr Chika Reginald Nwosu, commended the Nigeria Police Force National Cybercrime Centre (NPF-NCCC) for its efforts in combating cybercrime and protecting consumers. He emphasised the need for continued collaboration across sectors to build a safe and secure payment ecosystem for all Nigerians.
“We commend the NPF-NCCC for its proactive leadership in driving cybersecurity awareness,” said Nwosu. “At PalmPay, we are committed to supporting initiatives that promote digital safety and foster trust in Nigeria’s growing digital economy.”
At the event, PalmPay was commended for its outstanding efforts in strengthening regulatory engagement and advancing consumer protection initiatives across the fintech industry.
The partnership underscores PalmPay’s ongoing commitment to promoting cybersecurity awareness, consumer protection, and fraud prevention as part of its mission to create a safer digital financial ecosystem in Nigeria.
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.
General News
Fidelity Bank Salutes Air Peace for Flying Nigeria’s Flag to Heathrow

Fidelity Bank Plc has congratulated Air Peace on the successful launch of its maiden direct flight from Lagos to London Heathrow, describing the milestone as a significant achievement for Nigeria’s aviation sector and a testament to the power of indigenous partnerships.

The commendation was delivered by Dr. Nneka Onyeali-Ikpe, managing director of Fidelity Bank, during a special event held in Lagos to celebrate the airline’s expansion into the European market.
“This is not just a win for Air Peace, but a win for Nigeria,” Onyeali-Ikpe said. “It reflects the strength of home-grown businesses and the impact of strategic financial support in enabling national champions to thrive on the global stage.”
Nigeria CommunicationsWeek reports that Fidelity Bank has played a pivotal role in Air Peace’s growth, providing early financial backing and advisory services that helped the airline become the largest carrier in West Africa. The bank continues to support Air Peace through payment processing and other financial services
The launch of the London route marks a new chapter for Air Peace, which now joins a select group of African airlines operating direct flights to Heathrow.
The development is expected to boost tourism, trade, and connectivity between Nigeria and the United Kingdom.
Speaking at the event, Allen Onyema, Chairman of Air Peace, expressed gratitude to Fidelity Bank for its unwavering support and reaffirmed the airline’s commitment to excellence and service.
“This partnership has been instrumental in our journey,” Onyema said. “We are proud to fly the Nigerian flag across international skies.”
Industry stakeholders present at the event praised the collaboration between the two companies as a model for sustainable business growth and national development.
General News
After MultiChoice Buyout, Canal+ Eyes Full Ownership of Showmax

Canal+, French media giant, is reportedly eyeing the full takeover of Showmax, the African streaming platform jointly owned with MultiChoice Group.

This followed its recent push to expand across the continent’s digital entertainment market.
The move comes after Canal+ completed its acquisition of MultiChoice to strengthening its hold on Africa’s pay-TV and streaming ecosystem.
With Showmax being a key growth asset under the partnership, industry analysts say a full takeover could give Canal+ end-to-end control of content production, distribution, and subscription revenue in multiple markets.
The acquisition would also align with Canal+’s broader strategy to rival global streaming giants such as Netflix and Amazon Prime Video by leveraging African content demand and localized storytelling.
According to RipplesNigeria, Ayo Balogun, Media and Telecoms Analyst, CardinalStone Partners, while reacting to the move, said: “Canal+’s full acquisition of Showmax would mark a decisive step in consolidating Africa’s digital media value chain.
“With MultiChoice now under its control, Canal+ can fully integrate content, distribution, and streaming into a single monetizable ecosystem—something we’ve not seen before on this scale in Africa.”
Thandiwe Mokoena, Senior Media Strategist, Johannesburg, added: “This move gives Canal+ strategic dominance in both the pay-TV and OTT spaces. It positions them not only as a regional player but also as a continental gatekeeper for premium African content. The competitive pressure on Netflix and Amazon Prime Video in Africa will rise sharply if this takeover goes through.”
Financial markets are closely watching how the potential consolidation could reshape Africa’s media landscape, particularly in terms of valuation, competition law, and licensing rights.
Telecom3 days agoUNICEF, GSMA Unite with Partners to Launch Africa Taskforce on Child Online Protection to Safeguard Children in the Digital Age
Broadcasting3 days agoNCC Calls for Professional Guidelines on Software Use, Support for Copyright Enforcement
General News3 days agoFG to Train One Million Youths under TVET for Entrepreneurship, National Development
E-Business3 days agoNOTAP to Crackdown on Unregistered Technologies in Nigeria
Broadcasting2 days agoMultiChoice to Delist from JSE after Canal+ Takeover
E-Financial3 days agoSEC Puts Nigeria’s Cryptocurrency Transactions in One Year @ Over $50Bn
E-Financial2 days agoLotus Bank Drags 45 Banks to Court over Alleged ₦1.1Bn Fraudulent Withdrawals
E-Financial3 days agoPolaris Bank restates support for SMEs, commissions EveryDay Supermarket in Yenagoa


















