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Moniepoint identifies digital payments as key driver to economic development

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  By allcitynews.ng  A new study by Moniepoint Inc., Africa’s leading all-in-one financial ecosystem, has spotlighted Nigeria’s community nightlife, showing how digital payments are driving growth in local bars, lounges, and roadside joints across the country. While upscale “Detty December” events and high-end restaurants often dominate headlines, Moniepoint’s research focuses on everyday neighbourhood nightlife, where millions of Nigerians gather to eat, drink, and socialize. These venues form a critical part of the informal economy. The study, titled “The Business of Community Nightlife in Nigeria,” is based on transaction data from over 27,000 bars, clubs, and lounges on Moniepoint’s payment network, combined with field interviews and observational research across multiple cities. One of the key findings is the declining role of cash. Bank transfers dominate payments, closely followed by card transactions, as venue operators discourage cash due to security risks. D...

NEWS UPDATE @ DAWN ON PRINTED/ ONLINE NEWSPAPERS, MONDAY, FEBRUARY 23, WITH LINKS TO THE PUBLISHERS' ADDRESSES, TO GIVE YOU MORE ACCESS TO THE TOP & MAJOR HEADLINES, WHICH YOU PROBABLY MISSED ON FRIDAY, SATURDAY, SUNDAY

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  ENJOY THE READING   ‎News Update, Monday 23/02/2026 ‎ ‎**‘Your achievements yielded political gain for APC’ — Tinubu commends Wike on FCT polls ‎ ‎**FCT Polls: Southern Governors Forum hail Tinubu, APC ‎ ‎**By-Elections: Lagos APC says results affirm Tinubu’s leadership, signal 2027 momentum ‎ ‎**We lost Abuja election becoz we didn’t have enough polling agents to man each polling booth  ‎~ADC laments ‎ ‎**Obasanjo urges NOUN to restore law programme, embrace reforms ‎ ‎**Bayelsa APC Congresses integrating old, new members — Diri ‎ ‎**Tinubu mourns late ex-UBA chairman, praises his legacy ‎ ‎**Mutfwang sponsors 1100 Christians, retains top spot as Nigeria's champion of faith ‎ ‎**Akwa-Ibom Government takes steps to boost water supply ‎ ‎**N13.7bn payroll fraud allegation triggers outrage in Osun ‎ ‎**Akume reaffirms Fed govt–Catholic Church partnership at CBCN first plenary ‎ ‎**False, Misleading,’ Ogun refutes endorsing Ademorin Kuye as Awujale of Ijebuland ‎ ‎**Dangot...

NEWS UPDATE @ DAWN ON PRINTED/ ONLINE NEWSPAPERS, SATURDAY, FEBRUARY 21 WITH LINKS TO THE PUBLISHERS' ADDRESSES, TO GIVE YOU MORE ACCESS TO THE TOP & MAJOR HEADLINES, WHICH YOU PROBABLY MISSED ON WEDNESDAY 18, THURSDAY 19, FRIDAY FEBRUARY 20

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ENJOY THE READING ‎News Update, Saturday 21/02/2026 ‎ ‎**New oil revenue order will boost FAAC allocations - FG ‎ ‎**Tinubu’s assent to Electoral Act is tantamount to signing death warrant — ADC ‎ ‎**Tinubu’s order may unlock N15trn for FG, states, LGs ‎ ‎**APC, NNPP test strength as INEC holds Kano Assembly by-elections Saturday ‎ ‎**Fubara urges Rivers to vote APC in bye-elections ‎ ‎**Abiodun commissions Lantoro–Oke-Yidi Road, rolls out fresh infrastructure push in Ogun Central  ‎ ‎**Aiyedatiwa begs Tinubu to intervene in Ondo-Ogun boundary dispute ‎ ‎**Kogi hails Faleke’s appointment as Renewed Hope Ambassador ‎ ‎**El-Rufai for arraignment on February 25 on alleged cybercrime offences ‎ ‎**Civil society groups plan protest over amended electoral act ‎ ‎**Electronic transmission alone won’t stop electoral fraud, groups warn ‎ ‎**Tinubu expresses sadness over death of Naval operations chief ‎ ‎**Finance minister of state, Anite-Uzoka, inspires MDAs, says 2024, 2025 Capital alloca...

Surulere Community, Amikanle residents appeeal to Governor Sanwo-Olu for help as thugs, back with policemen, demolish Lagos houses, demand N55m , N30m from landlords

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By our correspondent The residents of Surulere Community, Amikanle, near the Command area of Alimosho Local Government Area of Lagos State, are appealing to Lagos State Governor, Mr Babajide Sanwo-Olu to come to their aid as suspected landgrabbers, popularly known as Omo-Onile, demolished several houses in the area. Our correspondent learnt that the thugs invaded the community on Tuesday January 27, 2026, and started demanding from N55m , N30m, N15m from house owners, depending on the size of the land your house is. The thugs, according to some residents, have demolished the houses of those who were unable to pay. Checks by our correspondent show that no fewer than 70 buildings, including residential houses, shops and fences, have been pulled down by the hoodlums. Residents told our correspondent that about 300 hoodlums stormed the community, claiming they were acting on court documents from the Federal Housing Authority (FHA) authorising them to collect money for house renewal, with t...

NEWS UPDATE @ DAWN ON PRINTED & ONLINE NEWSPAPERS, WEDNESDAY, FEBRUARY 18, WITH LINKS TO THE PUBLISHERS' ADDRESSES, TO GIVE YOU MORE ACCESS TO THE TOP & MAJOR HEADLINES, WHICH YOU PROBABLY MISSED ON MONDAY 16, TUESDAY 17

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  ENJOY THE READING   ‎News Update, Wednesday 18/02/2026 ‎ ‎**Saudi declares Wednesday as first of Ramadan ‎ ‎**Tinubu unveils Nigeria Industrial Policy 2025, demands speedy implementation ‎ ‎**First Lady urges Nigerians to pray for peace, prosperity as Lent, Ramadan begin  ‎ ‎**Senate probes Kano Market fire, seeks redesign to avert future disasters ‎ ‎**‘Lent or Ramadan should not be  consideration for fixing election date’ – Senator Imasuen  ‎ ‎**2027: Tinubu appoints Gov. Uba Sani as Renewed Hope Ambassador/Dep. Director-General  ‎  **‎Tinubu mourns Civil Rights Icon, Jesse Jackson  ‎  ‎**Electoral Act: Opposition lawmakers walk out of Reps plenary ‎ ‎** El-Rufai may remain with EFCC indefinitely for mismanaging N432bn ‎ ‎**Osuntokun cautions El-Rufai over ‘transferred aggression’ against Ribadu ‎ ‎**Tinubu condoles ex-Kano governor Shekarau over brother’s death ‎ ‎**FG plans national database to monitor oil spills ‎ ‎**Zulum flags off Ra...

Ogun State Government,Workers welfare, our priority, Clears 8-Year Pension, Gratuity Backlog

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  By allcitynews.ng  The Ogun State Government has announced the clearance of pension and gratuity arrears owed to workers who retired between 2012 and 2020, just it reaffirmed its commitment to the welfare of retirees. The Economic Adviser and Commissioner for Finance, Dapo Okubadejo, disclosed this on Tuesday during a media parley organised by the Ogun State Ministry of Budget and Planning. The commissioner explained that the backlog was linked to the Defined Benefits Scheme, under which retirees receive monthly pension payments, stressing that the present administration of Governor Dapo Abiodun has not defaulted on pension obligations since assuming office. "Since the inception of this administration, we have not missed a single month of pension payment. What we inherited were arrears tied to the Defined Benefits Scheme," Okubadejo said. According to him, annual pension payments rose from ₦6.7 billion in 2019 to ₦20 billion in 2025, with projections showing a possible incr...

Dangote Signs $400 Million Equipment Deal To Fast Track Refinery Expansion

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  By allcitynews.ng  As part of efforts to sustain its supply, Dangote has signed a $400 million equipment deal to fast-track refinery expansion Following its  plan for continued supply, Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s leading manufacturers of construction machinery, in a move set to accelerate the expansion of the Dangote Petroleum Refinery & Petrochemicals from 650,000 barrels per day to 1.4 million barrels per day, positioning it to become the largest refinery in the world. The agreement will enable the Group to acquire a wide range of advanced construction equipment to support ongoing and forthcoming projects across refining, petrochemicals, agriculture, and large-scale infrastructure development. READ ALSO: Full List: US Freezes Assets Of Nigerians Over Alleged Terror And Cybercrime Links The new equipment will complement existing assets deployed for the ...