Access Bank, MasterCard partner To Boost cross-border payment

Access Bank and MasterCard have partnered to boost cross-border payments with a unified money movement solution, enabling businesses and consumers to send and receive international payments to and from over 150 countries. This was revealed to by Trust News Africa that the partners at the launch of the solution, which would run on the Access…

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Lagos-Kano Narrow Gauge Rail Line Set To Begin Freight Services

Trust News Africa gathered that the Lagos-Kano narrow gauge rail line will begin services soon It was reported that during the visit of the Minister of Transportation, Saidu Alkali, to the project site in Kano State on Thursday. The contractors, China Civil Engineering Construction Corporation, disclosed that the line had been successfully linked to the…

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Why Tinubu Should Suspend Lagos-Calabar Coastal Highway Project Now – Chidoka

Former aviation minister, Osita Chidoka, has asked President Bola Tinubu to suspend the controversial Lagos-Calabar coastal road project. Trust News Africa reports that the Federal Government recently started the construction of the 700km Lagos-Calabar coastal road, which is being done by Hitech Construction Company Ltd. The road project has attracted considerable criticism from Nigerians, with many questioning the…

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IMF Recommends Licensing For Cryptocurrency Firms In Nigeria

The International Monetary Fund (IMF), has recommended that Nigeria’s government mandate global crypto trading platforms to register or secure licenses before commencing operations in the country. This recommendation was outlined in the IMF’s most recent staff report, unveiled on Thursday, subsequent to the conclusion of its 2024 Article IV consultation with Nigeria The report suggested…

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Customs Intercepts Cryptocurrency Machines, 148 Drones At Lagos Airport

The Nigeria Customs Service (NCS) has reported a significant interception at the Murtala Muhammed International Airport, Lagos. Trust News Africa  reports that between January and April this year, officers seized fake $1.2 million notes, 148 drones, and five cryptocurrency machines. The confiscated items were handed over to the Economic and Financial Crimes Commission (EFCC) and…

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