Category: News

CBN to commence charges on deposits, withdrawals above N500,000

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The nationwide implementation of the cashless policy will begin by March 2020, says the Central Bank of Nigeria on Tuesday. The apex bank said this in a circular to all Deposit Money Banks in the country. It said that implementation of the policy would signal the imposition of charges on deposits in addition to already existing charges on withdrawals. According to the circular, the charges, which take effect from Wednesday (today) will attract three per cent processing fees for withdrawals and two per cent processing fees for lodgments of amounts…

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Hotels, guest houses where women get killed in Rivers to be sealed by police

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The police in Rivers state have threatened to seal hotels or guest houses where fresh incidents of murder occurs, as it expressed concern that a serial women killer has been on the prowl in the State, . Rivers State Commissioner of Police (CP), Mustapha Dandaura, disclosed that the police have arrested a man who called a young girl on her cell phone and tried to lure her to a hotel in Port Harcourt yesterday. He issued the warning while briefing newsmen on measures put in place by the Rivers State…

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Woman stabs lover for refusing to finance daughter’s birthday

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A 23-year-old woman, Stella Peter, has been arrested by homicide detectives in Lagos State, for allegedly stabbing her live-in-partner, Bala Haruna, aged 25, to death over his refusal to finance their daughter’s one-year birthday party. The incident occurred Tuesday morning at No. 2, Tejuosho Avenue, Surulere where the suspect and the deceased have lived as a couple for three years. It was gathered that Peter, a native of Kogi State, had an argument with her Kebbi State partner, Haruna, following his inability to raise N30,000 for their daughter’s birthday, which…

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NMA laments Doctors’ exodus, says 700 leaves Nigeria annually

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Nigeria Medical Association, NMA, has lamented the exodus of medical doctors saying many medical doctors are abandoning the country for greener pastures abroad. Investigations revealed that although the exodus of doctors was not new, it had been on the increase in the last two years with countries such as the United States, the United Kingdom, Canada, Saudi Arabia and Kuwait as their destinations. It was learnt that the exodus had increased the workload of those who were still in government service, as many states had not been employing doctors. The…

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Senate dragged to court over plans to spend N5.5b on cars

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A lawsuit has been instituted at the federal high court, Lagos, by Socio-Economic Rights and Accountability Project (SERAP), BudgIT, Enough is Enough (EiE) and 6,721 concerned Nigerians, asking the court stop the National Assembly Service Commission from paying or releasing the sum of N5.550 billion allegedly budgeted for purchase of luxury cars for principal members of the ninth Senate. The applicants also want the court to restrain and stop the Senate from collecting the money until the downward review of the amount proposed by the Senate. In suit number FHC/L/CS/1511/2019 filed last…

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Buhari disband Osibajo’s economic team, appoints Soludo, others

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The Economic Management Team (EMT) headed by Vice President Yemi Osinbajo, has been replaced by President Muhammadu Buhari, with an Economic Advisory Council (EAC). The new EAC, which reports directly to the president, will be chaired by an economist, Prof. Doyin Salami. Buhari’s Special Adviser on Media and Publicity Femi Adesina in a statement said the EAC would advise the president on economic policy matters, including fiscal analysis, economic growth and a range of internal and global economic issues, working with the relevant cabinet members and heads of monetary and…

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Drunk policeman allegedly stabs nine persons at nightclub

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An allegedly drunk policeman, identified as Taiwo Orisadare, stabbed about nine persons at a nightclub in Akure, the Ondo State capital, on Friday. The policeman, attached to the Area Commander’s office, Akure, allegedly stabbed the victims, who were said to be young men, at a popular club in Alagbaka GRA during a brawl. According to an eyewitness, the policeman, who was reportedly drunk, started harassing the victims, who had come to relax at the club. It was gathered that trouble started when the policeman began pestering and harassing one of…

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Union Bank supports women capacity building with Alpher

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Union Bank in collaboration with Leading Lady Africa is supporting women’s capacity building with Alpher platform in an enterprise and leadership programme. Speaking at a press briefing in Lagos, Chief Digital and Innovation Officer, Union Bank, Lola Cardoso, explained: “The Alpher platform for women is a value proposition that targets Nigerian individual women as well as women in business. It basically provides an enabling environment and support whether it is through products and services but more importantly the capacities and opportunities that they need to grow and thrive and also it will pave…

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Man arrested for allegedly sedating, raping 14-year-old girl

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Innocent Ifunayachi, a 34-year-old man who allegedly raped a 14-year-old girl after he had laced her food with Indian hemp that made the girl become unconscious, has been arrested by detectives from Bariga Police Station. The suspect allegedly defiled the 14-year-old-girl in her family house. This was contained in a statement signed by the Lagos State Command Police Public Relations Officer, DSP Bala Elkana, on Sunday. Elkana said, “The suspect, being a friend to the family, visited and found the girl eating noodles. “While she left to get him some…

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Burglars Steal Solid Gold Toilet Worth £1milion In A Raid On Blenheim Palace

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Burglars have stolen a solid 18-carat gold toilet, worth £5 million from Blenheim Palace in Woodstock, Oxfordshire, England The operation took place in the early hours of Saturday, September 14. The toilet titled ‘America’ which was created in 2016 by Italian artist Maurizio Cattelan only went on display two days ago during an exhibition. Thames Valley Police have confirmed the toilet was stolen and a 66-year-old man has been arrested in connection with the theft and remains in police custody. Dominic Hare, chief executive officer of Blenheim Palace, told the…

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