Tag: NIPOST

NIPOST to introduce banking service

News Agency

The Nigeria Postal Service (NIPOST) will soon introduce agency banking service in addition to the re-introduction of money order to its clients. Mr Godwill Magulike, the District Manager of NIPOST in Kwara state, told the News Agency of Nigeria (NAN) in Ilorin on Friday that the introduction of agency banking will enable Nigerians send money […]

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Nigeria loses N1trillion on postage stamps yearly

Ayo Olowo

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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