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WorldRemit launches Android Pay to offer mobile-to-mobile transfers.

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FOREMOST digital money transfer service, WorldRemit has added Android Pay to its service, offering a new way for WorldRemit’s Android Pay users to send money internationally and reach millions using mobile money accounts.

Pioneering a mobile-first approach to the $600bn a year remittance industry, the move sees WorldRemit bringing together the leading players in mobile payments from Silicon Valley and Sub-Saharan Africa.

Launching the global rollout of the service at MoneyConf 2017, WorldRemit will enable Android Pay users to safely and securely send money to +112 million mobile money accounts accessible via its network. The integration will make WorldRemit the only remittance provider offering international payments through Android Pay around the globe.

By connecting directly with Android Pay, WorldRemit customers can transfer money instantly across continents in just 5 taps – without entering credit card or 3DS details.

Using mobile money, a recipient customer can then pay for school fees, utility bills and groceries among other things directly from their mobile phones – without the need for 3G or wifi. As Android Pay is supported by industry standard tokenization, payments are sent with a virtual account number providing an extra layer of security.

WorldRemit currently sends money to more mobile money accounts than any other operator in the world. The company enables migrants to send money from their smartphones to the mobile phones of the people they love, in over 140 countries to be paid out in cash, paid into a bank account or into a mobile money account.

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95 Million Nigerians Yet to Enroll for National ID Numbers – NIMC Reveals

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The National Identity Management Commission (NIMC) has disclosed that 95 million Nigerians need to enroll for the National Identification Number (NIN) to meet its target of 200 million enrollments by 2025.

Kayode Adegoke, Head of Corporate Communications at NIMC, emphasised the importance of this enrollment during an interview on X over the weekend.

He stated, “For NIMC to meet the 200 million target by 2025, 95 million Nigerians need to register for the NIN.”

Adegoke revealed that over 105 million NINs have been issued to Nigerians and legal residents so far.

He assured Nigerians of the commission’s commitment, saying, “We want to assure Nigerians that within the next one or two years, we will reach our target of enrolling all Nigerians.”

“The NIN serves as a unique identifier for each citizen and has become increasingly important for various government initiatives aimed at improving security, governance, and service delivery.”

Adegoke highlighted the efforts to streamline the modification and enrollment processes under the leadership of Abisoye Coker, the director-general of NIMC. He announced the development of a self-service platform, allowing Nigerians to make necessary modifications such as changing names, dates of birth, email addresses, and phone numbers from anywhere, using different devices.

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Emphasising the convenience of the self-service modification portal, Adegoke encouraged Nigerians to utilize this innovative solution.

He noted the evolution of the process, citing the past requirement for applicants to visit NIMC offices for data corrections.

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Nigeria Boosts Oil Reserves to 37.50 Billion Barrels

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Engr Gbenga Komolafe, Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has disclosed that the nation’s oil and gas reserves have risen to 37.50 billion barrels as of January 1, 2024.

This marks an increase from the 37.046 billion barrels recorded in May 2022.

Komolafe emphasised the implementation of robust policies aimed at enhancing and optimising oil and gas operations across the country.

Notably, gas reserves stand at 102.59 trillion cubic feet (TCF), with non-associated gas reserves reaching 106.67 TCF, culminating in a total of 209.26 TCF of gas reserves.

Addressing concerns during a press conference held in Abuja on Monday regarding crude supply regulation and enforcement, Komolafe underscored the importance of prioritising feedstock supply to local refineries while addressing grievances from oil producers and the Dangote Refinery within specified timelines.

This announcement follows recent reports of a decline in Nigeria’s crude oil production during February and March 2024.

According to data from the April 2024 Monthly Oil Market Report of the Organization of Petroleum Exporting Countries (OPEC), Nigeria’s crude oil production (excluding condensates) experienced its second consecutive monthly decrease, dropping to 1.231 million barrels per day in March from 1.322 million barrels per day in February.

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OPEC attributed this decline, amounting to a reduction of 91,000 barrels per day, to factors communicated directly from Nigeria.

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FERMA House C’ttee Chair, Oseni Consoles Sen. Buhari over mum’s death

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The Chairman, House of Representatives Committee on Federal Road Maintenance Agency (FERMA), Engr. Aderemi Oseni has commiserated with the senator representing Oyo North Senatorial District, Senator Abdulfatai Buhari over the loss of his mother, Alhaja Buhari.

The matriarch, who passed away on Monday, April 8, has left a void in the family that Oseni described as irreparable.

In a condolence message released on Wednesday by his media aide, Idowu Ayodele, in Ibadan, and made available to newsmen, the lawmaker expressed his deep sympathy, praying for Alhaja Buhari to find eternal rest in the arms of God.

Oseni, who also represents Ibarapa East/Ido Federal Constituency, urged Senator Buhari and his family to find solace in the legacy of achievements left behind by their late matriarch.

He emphasised the importance of cherishing the memories of her life and the successes attained by her children.

The statement read, “Distinguished Senator Buhari, I was deeply saddened to hear about the passing of Mama, Alhaja Buhari. Please accept my heartfelt condolences and deepest sympathy during this difficult time.

“Alhaja was a pillar of strength and a source of love and guidance for your family and community. Her legacy of kindness, wisdom, and resilience will continue to live on in the hearts of all who knew her.

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“May you and your family find comfort and solace in the cherished memories you shared with her, and may the love and support of friends and well-wishers provide you with strength and courage in the days ahead.

“Please know that my thoughts and prayers are with you and your family as you navigate through this time of grief”, Oseni continued.

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