The House of Representatives has resolved to investigate the exorbitant amount charged by Point of Sale (POS) for withdrawal of money. The resolution to probe the operators followed a motion moved by Mohammed Shehu on Thursday. Mr Shehu lamented the high charges by the operators. He stated that some POS owners charge as much as…
THE Central Bank of Nigeria (CBN) has threatened to sanction banks and Point of Sales (POS) operators found to be complicit in the current Naira scarcity crisis. The apex bank, in a statement on Thursday, urged members of the public to report infractions, especially hoarding of Naira by Banks and POS operators, in their areas…
Hamas, the group which controls the Gaza Strip, has ruled out any more hostage releases until Israel agrees to a “full cessation of aggression”. Israel says it has killed more than 2,000 Hamas fighters in Gaza since a truce earlier this month when more than 100 hostages were freed. Around 120 people abducted from Israel…
The Czech Republic has declared Saturday a national day of mourning after a gunman killed 14 people and injured 25 at a university in Prague. President Petr Pavel expressed his “great sadness” and “helpless anger at the totally unnecessary” loss of life. The gunman, who police said had been “eliminated”, is believed to have also…
The Process and Industrial Development has lost its final appeal against Nigeria in an eleven-billion-dollar arbitration case. The company sought to overturn an October judgement by a London High Court that halted the enforcement for damages over a failed gas processing project. The High Court had earlier ruled in October that the British Virgin Islands…
A faction of Ohaneze Ndigbo, the Igbo socio-cultural organization has endorsed Senator David Umahi as the current leader, and rallying point in the South East geo-political zone of Nigeria. They explained that after an extensive search for a leader who can guide the Southeast East towards better political representation and a unifying rallying point, Ohanaeze…
Abia State Government has vowed to commence enforcement of the ban on street trading especially in the commercial city of Aba with effect from 2024. While briefing journalists on the results of this week’s State Executive Council meeting, which was chaired by Governor Alex Otti, the Commissioner for Information and Culture, Okey Kanu, made this…
The Minister of Aviation, Festus Keyamo, has announced the appointment of new directors across the agencies. This was disclosed in a press release signed by the head of press, Federal Ministry of Aviation, Odutayo Oluseyi, on Thursday. Below are the appointed directors with their names and offices: Nigerian Meteorological Agency 967.4ar- Punch 1. Prof Vincent…
Nigerian Juju musician known as Omoba De Jombo Beats and his crew members allegedly kidnapped by unknown gunmen while returning from an event in the Federal Capital Territory have reportedly regained freedom from their abductors. A video shared by a Nigerian musician, Adegbodu Taiwo, also known as Ejireadegbodu on his verified Instagram account showed them…
The Commissioner for Transport, Dr. Obi Ozor, says indigenes of Enugu state residing in other parts of Nigeria, who intend to return home to celebrate the festive season with their loved ones will enjoy free transportation. Ozor who announced this during a news conference in Enugu, explained that the scheme was made easy by the…
