Police nab three deadly robbery suspects in Lagos, recover arms
The police in Lagos, on Tuesday, confirmed the arrest of three armed robbery suspects, and guns recovered from them. Spokesman of the Lagos State Command, Benjamin Hundeyin, in a…
Police arrest fake medical doctor in Lagos, seal hospital
A 37-year-old fake medical doctor practicing with forged certificates has been arrested by operatives of the Zone 2 Police Command, Onikan, Lagos. The suspect, after his arrested in the…
Salary payment, school fees, loan disbursements, other exemptions from cybersecurity levy
On May 6, the Central Bank of Nigeria (CBN) directed all financial institutions to implement a 0.5 percent (0.005) cybersecurity levy on all electronic transactions. The new policy is…
DSS arrests former Oyo PMS chairman, Auxiliary
The Department of State Services has reportedly arrested Mukaila Lamidi, the embattled chairman of the Oyo State Park Management System, popularly known as Auxiliary. The PUNCH reliably gathered that…
Akpabio: Since prisons were renamed correctional centres, we’ve had more jailbreaks
Senate President Godswill Akpabio says since the name of the Nigerian Prison Service was changed to Nigerian Correctional Service there have been more jailbreaks in the country. Akpabio spoke…
Rescue efforts ongoing as Lagos sewer worker gets trapped in underground drainage
One of the sewer workers with the Lagos Metropolitan Area Transport Authority (LAMATA) has been trapped in an underground drainage at the Onipanu area of the state. On Monday,…
Binance CEO claims Nigerian officials demanded crypto payments to ‘make issues go away’
Binance, a popular cryptocurrency platform, says some unknown persons in Nigeria demanded huge payments in digital currency to make their problems in the country “go away”. Richard Teng, the…
CBN relaxes restriction on repatriation of export proceeds by IOCs
The Central Bank of Nigeria (CBN) has reviewed its directive on the repatriation of export proceeds by international oil companies (IOCs). In a circular on May 6, CBN said…
UBA’s gross earnings rise 110%, profit hits N156bn in Q1
United Bank for Africa Plc has reported a 110 percent rise in gross earnings for the first quarter ended March 31st, 2024. The Group’s results, which were released to…
Adeleke to probe ‘deportation’ of Osun youths from Lagos
Ademola Adeleke, governor of Osun, has directed an immediate investigation into the alleged deportation of Osun youths from Lagos State. On Saturday, there were reports that the Lagos government…
