Nigeria loses N1trillion on postage stamps yearly

The outgoing Post Master General of Nigeria, Malam Ibrahim Baba,  on Tuesday revealed non-usage of postage stamps by financial institutions makes the country to lose N1trillion every year. Baba mentioned that NIPOST, under his leadership, was able to intercept 258,207 scam mails worth N125.2 billion between 2006 and 2014. “NIPOST was able to intercept the fraudulent […]

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