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Nigerians To Pay In Naira On Play Store As Google Partners Verve

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Google has said Nigerians can now use their Verve naira cards to make digital transactions on Play Store, the company’s applications distribution service.

In a statement issued yesterday, the company said it was partnering with Verve, the largest domestic card scheme in Africa, to enable Nigerians make purchases with ease, thereby strengthening the digital ecosystem in the country.

Google, which said under the partnership, Verve transactions would be processed within Nigeria, stated further: “These transactions will be undertaken in Nigerian naira and treated as local transactions by the country’s banking institutions.

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“As a result, any Nigerian with an Android device and a Verve card now has a streamlined method for making purchases on the Google Play Store.”

Commenting on the partnership, Anthea Crawford, head of retail and payment partnerships at Google Play, said the development was to encourage easy access on the app.

Crawford said the new partnership not only simplified the payment process for Google Play Store apps and services but also contributed significantly to a more inclusive digital environment for Nigerians.

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“We are thrilled to collaborate with Verve, expanding Google Play access for more Nigerians.

“The introduction of local payments with Verve cards is a significant milestone, enabling more Nigerians to participate in the app economy and access the apps they need,” he said.

On his part, the Managing Director of Verve International, Vincent Ogbunude, described the integration with Google Play as a significant stride towards achieving Verve’s vision of promoting financial inclusion.

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He said: “We are excited to bring digital content and services closer to Verve cardholders, hence bridging the digital divide.

“As a foremost payment card scheme in Nigeria, Verve’s expanding acceptance promotes inclusion by extending the reach of digital services to a larger segment of the Nigerian population.

“Maximising this exciting possibility, users can now add their Verve cards to their Google Play account and pay in naira, without stress.”

 

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Bauchi Commissioner Gifts 3 Students Cash For Prompt Resumption, Ability To Read

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The Bauchi state Commissioner for Education, Dr Jamila Dahiru, on Thursday, gave a cash gift of N5,000 each to three Senior Secondary II students of Government Science Secondary School, Misau for their determination to succeed in Education.

Two of the students, Adamu Adamu, Mustapha and Haruna impressed the commissioner for their presence in school in the first day of resumption while Abdullahi Musa marvelled her for his reading ability and comprehension.

According to the commissioner, the gesture was to appreciate their determination to learn as well and motivate other students to emulate them.

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While paying a courtesy visit to the Emir of Misau, Alh. Ahmed Sulaiman, the commissioner disclosed that the Bauchi State government was working with stakeholders from the Misau Emirate to fine-tune modalities of temporarily accommodating the students of Federal Science Technical College, Misau at its Science Secondary School Misau.

She said the college made the request in a letter to the ministry stating that the facility given to them could no longer accommodate their students population, hence the resolve to convene the stakeholders meeting to fine-tune ways of sharing the facility for the betterment of the state.

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She disclosed that government science secondary school Misau, one of the best in the state in terms of befitting facilities has the capacity to accommodate up to five thousand students, but currently houses about three hundred students.

She appreciated the Emir for his continued support to programmes and policies of the government with more emphasis on the education sector.

Speaking on behalf of the Emir and other stakeholders, a retired Director with the Ministry, Muhammad Musa, expressed gratitude to the Commissioner for the honour and promised to assemble critical stakeholders from the emirate so as to arrive at an acceptable decision for the benefit of all and sundry.

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NDIC Obtains Order To Wind Down 96 Microfinance, Mortgage Banks

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The Nigeria Deposit Insurance Corporation has said that it has obtained Winding up Orders for 96 out of 183 microfinance and primary mortgage banks whose licenses were revoked by the Central Bank of Nigeria in May 2023.

The Managing Director, NDIC, Bello Hassa, revealed this at a sensitisation seminar for Judges of the Federal High Court in Lagos on Thursday organised by the NDIC, to enlighten the judiciary on the intricacies of the banking industry.

Hassan said, “As at date, the Corporation had obtained Winding up Orders for 96 out of 183 Micro Finance and Primary Mortgage Banks whose licenses were revoked by the CBN in May 2023, in less than one Year of revocation.”

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He added that the NDIC was committed to fulfilling its mandate of protecting depositors through bank supervision, failure resolution and liquidation so as to boost confidence in the financial system.

Speaking on the role that the judiciary plays in the fulfillment of the mandate, Hassan said, “We recognise the judiciary as one of our critical stakeholders. With this, when cases are brought before them, they can receive accelerated hearing and proclamation of Justice.”

Citing some of the achievements from previous editions of the seminar, Hassan said that instances where liquidation-related litigations experienced delays were reduced.

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JUST IN: 36 Speakers Back State Police

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Speakers of the 36 Houses of Assembly in Nigeria on Thursday expressed support for the National Assembly’s ongoing efforts to alter the 1999 constitution to create state policing in the country.

The Speakers made their resolution known at the end of their meeting in Abuja.

The Senate and House of Representatives are currently working to amend various constitutional provisions, including those regarding state police, financial autonomy for local government, fiscal federalism, and mayoral status for the FCT.

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