The Association of Senior Staff of Banks, Insurance, and Financial Institutions has attributed the worsening cash shortage across the country to the Central Bank of Nigeria’s inability to meet the cash demands of commercial banks. Speaking with The PUNCH, ASSBIFI President, Olusoji Oluwole, highlighted the dire impact of the scarcity, particularly as the festive season … Read more
Wholesale gas-producing companies have abruptly stopped the supply of natural gas to power generation companies for electricity production over the non-payment of debts accrued from previous supplies. The Chief Executive Officer of the Association of Power Generation Companies, Dr Joy Ogaji, disclosed the latest development in an exclusive interview with The PUNCH on Wednesday, … Read more
The Kano State Police Command has arrested three persons for being in possession of counterfeit currencies amounting to N129,542,826,000. The Command’s Spokesperson, SP Abdullahi Haruna Kiyawa, revealed this while addressing journalists at a press briefing on Tuesday. “Counterfeit currencies equivalent to a total sum of N129,542,823,000:00 were recovered,” Kiyawa said. The PPRO gave the … Read more
President Bola Tinubu has appointed Shamseldeen Ogunjimi as the Acting Accountant General of the Federation. Ogunjimi’s appointment came following the pre-retirement leave of the incumbent AGF, Oluwatoyin Madein, who retired on March 7. This was revealed in a statement by the Special Adviser to the President on Information & Strategy on Tuesday. Onanuga said … Read more
The magistrate court in Ado-Ekiti has denied bail to human rights activist, Dele Farotimi, in the suit filed by the Inspector General of Police, Mr Kayode Egbetokun, against him over alleged cybercrime. Farotimi was taken to court for allegedly defaming the founder of Afe Babalola University, Ado-Ekiti, Afe Babalola. At the court hearing on … Read more
The Oyo State Civil Service Commission has announced the dates for the commencement of interview for the recruitment of officers into the various cadres in the Civil Service of Oyo State. According to a statement by the Commission’s Chairman, Alhaji Kamoru Abiodun Aderibigbe, in Ibadan, the interview will commence with the Education Officers’ cadre … Read more
The Chairman/CEO of YSEG Hotels and Suites Ibadan and Chieftain of Peoples Democratic Party (PDP), Hon Olayinka Oladimeji Segelu, has congratulated the Baale of Eleruko Village in Lagelu Local government Area of Oyo State, Chief Tosin Oladimeji Segelu, on his 40th birthday. In a statement he issued to felicitate the Chief, Hon Segelu commended … Read more
United States President-elect Donald Trump has announced plans to deport all immigrants in the United States illegally over his upcoming four-year term. In an interview aired Sunday on NBC’s Meet the Press, Trump detailed his vision for a broad crackdown on illegal immigration, which he intends to classify as a national emergency upon taking … Read more
The Federal High Court in Ado-Ekiti, Ekiti State, has granted a lawyer and human rights activist, Dele Farotimi a N50 million bail. The court’s decision was disclosed by the presidential candidate of the African Action Congress in the 2023 election, Omoyele Sowore, via his X handle on Monday. “The first hurdle was crossed. #DeleFarotimi … Read more
Musician and producer, Jay-Z, was accused in a lawsuit submitted on Sunday of raping a 13-year-old with hip-hop star Sean Combs in the 2000, court documents show, claims denied by Jay-Z. An updated complaint in a civil case against Combs alleges that Jay-Z, whose name is Shawn Carter, and Combs raped the girl at … Read more