Mukaila Lamidi, also known as Auxiliary, the former chairman of the Oyo State Park Management System (PMS), has been whisked away at his residence this afternoon by masked security operatives suspected to be men of the Department of State Services (DSS). His family members confirmed the arrest in a statement…
High Chief Rasidi Ladoja, the Otun Olubadan of Ibadanland, has withdrawn his lawsuit against members of the Olubadan-in-Council, a reliable source confirmed on Tuesday. “Yes, he has withdrawn the case from court and has instructed his lawyers to do the same,” the source said. You would recall that High Chief…
Nigeria, with its vast arable land and diverse agricultural potential, should ideally be a thriving hub for agricultural activities. However, the reality paints a different picture. Nigerian farmers face a myriad of challenges that hinder their productivity, profitability, and overall well-being. These challenges…
The Central Bank of Nigeria (CBN) has ordered all banks to start charging a 0.5 per cent cybersecurity levy on all electronic transactions within the country excluding 16 listed banking deals. According to a circular signed by the Director, Payments System Management Department, Chibuzo Efobi; and the Director,…
The Central Bank of Nigeria, on Monday, directed banks and other financial institutions to start charging a cybersecurity levy on all banking transactions. PUNCH Online reports that, according to the circular, the implementation of the levy would start in two weeks. The circular read in part, “Following…
The Federal Government has announced plans to delist the naira from all peer-to-peer (P2P) platforms. The Director General of the Securities and Exchange Commission, Emomotimi Agama, made this disclosure in a virtual meeting with blockchain stakeholders on Monday. This decision aims to tackle the manipulation of the…
The police on Monday docked Mr Samuel Oyetayo, 35, in an Iyaganku Magistrates’ Court, Ibadan, for allegedly forging the Oyo Government hackney permit and ticket. Oyetayo, whose address was not provided, is standing trial on a count charge bothering on forgery of the Oyo Government hackney permit. He,…
THE Federal Government has approved a downward review in electricity tariff for Band A customers to N206.80/kwh, from N225/kwh in Nigeria. Band A customers are electricity consumers with a minimum supply of 20 hours daily. In a notice to its customers on Monday, Ikeja Electric, stated: “Please be informed…
Petrol supply challenges facing the country entered its third week yesterday with marketers remaining upbeat about the situation following the release of more volumes by NNPC Limited. Checks by Vanguard showed that while the length of queues at some of the filling stations opened to motorists in Abuja has reduced…
In recent years, there has been a growing concern about the prevalence of drug abuse among Nigerian youths. Drug abuse not only poses serious health risks to individuals but also has far-reaching implications for society as a whole. In this article, we will examine the implications and consequences of drug abuse…