Author: Kwara Reporters

Point of Sale agents in Lagos State will soon begin to charge customers N500 for N10,000 cash withdrawals.This is after the Association of Mobile Money and Bank Agents in Nigeria, Lagos Chapter, announced a new price list for PoS transactions on Channels Television’s Business Morning programme by the Public Relations Officer, Lagos Chapter, Stephen Adeoye, on Friday.According to him, the association’s price list is to eradicate price discrepancies in the industry.He said, “Let me tell you the price list, N1000–N2,400 will be N100 for withdrawal. N3500 to N4000 will be N200; N4,100 to N6,400 will be N300; N6,500 to N7,900…

Barely weeks after Yoruba Nollywood actor, Murphy Afolabi died, another veteran Yoruba actress, Sidikat Odunkanwi, popularly known as Iyabo Oko has died.According to her daughter who broke the news via her Instagram account, the actress who battled an undisclosed ailment died on Wednesday.Though details of the cause of her death are yet to be revealed, her daughter, Bisi Aisha, confirmed news of her death.She wrote, “It is well with your soul mummy, RIP. Wurami. Rest in peace.” Do you have any information you wish to share with us? Do you want us to cover your event or programme? For Adverts…

The Defence Headquarters has directed all Senior officers with “seniority on commission “above Nigerian Defence Academy Regular Course 39 to proceed on voluntary retirement.This development comes on the heels of the appointment of the new service chiefs by President Bola Tinubu.The notice of resignation was made known in a statement from the Defence Headquarters signed on Monday by Maj-Gen. Y. Yayaha for the Chief of Defence Staff.“I am directed to respectfully request services to direct all officers with seniority on commission above that of Nigerian Defence Academy (NDA) regular course 39 to submit their applications for voluntary retirement from service…

President of Dangote Group, Aliko Dangote, has maintained his position as Africa’s richest man, despite a fluctuating Nigerian currency against the dollar, according to the Bloomberg Billionaires Index.Dangote’s wealth was valued at an impressive $15.6 billion in the recently released daily top billionaire lists on Tuesday, placing him at the pinnacle of African billionaires on the Index.Ellon Musk and Bernard Arnault are the first and second richest people in the world, with fortunes totalling $219 billion and $194 billion, respectively. Jeff Bezos comes in third with $151 billion, followed by Microsoft CEO Bill Gates with $130 billion, and Larry Ellison…

The Governor of Lagos State, Babajide Sanwo-Olu, on Thursday, hosted President Bola Tinubu at the Lagos House, Marina.Sanwo-Olu was joined by his predecessors, former governors Babatunde Fashola and Akinwunmi Ambode.This was the first time since Ambode left office in 2019 that all the four governors of the state since 1999 would be seen together at a public event.The governor, in his speech, expressed his delight to welcome the President “to the place he (Tinubu) calls home.”He lauded the President for the steps taken so far within his first 30 days in office, saying that it was indeed a season of…

The Nigerian navy has announced the redeployment of 56 senior officers and one commodore. The major shake-up in the Nigerian navy comes a few days after Emmanuel Ogalla took over from Awwal Gambo as chief of naval staff.Adedotun Ayo-Vaughan, spokesperson of the navy, said the action was necessary to reposition the navy for optimum performance.He said Olusanya Bankole, formerly the director of logistics of the defence space administration, is now the chief of communications and information technology (ICT), naval headquarters; while Alexander Bingel, formerly director of combat policy and tactics, is currently the director of logistics of defence headquarters.ROLL CALL OF…

Operators within the downstream oil and gas sector have said the federal government has raked in N400 billion due to fuel subsidy removal in the last 30 days.On Friday, Chinedu Okonkwo, National President of the Independent Petroleum Marketers Association of Nigeria, disclosed this in an interview with DAILY POST.Recall that in a meeting with oil and gas operators in February, Mele Kyari, the Group Chief Executive Officer of Nigerian National Petroleum Corporation Limited, NNPCL, had stated that the country spends N400 billion monthly on fuel subsidies.Speaking on the state of the sector owing to the removal of the subsidy and…

Authorities of the Nigerian Police Force have thrown more light on the merits of the decision by the Acting Inspector General of Police, Mr Olukayode Egbetokun to withdraw Mobile Policemen attached to VIPs and set up a Special Intervention Squad for quick and rapid response to tackle criminality across the country.According to the Force Public Relations Officer, Olumuyiwa Adejobi, ‘The incessant abuse of police officers attached to certain individuals and companies on guard or escort duty has become worrisome and detestable, particularly to the present leadership.“The decision to withdraw PMF personnel from VIPs and establish a Special Intervention Squad is…

The federal government may have lifted the ban on importation of vehicles through the land borders, it has been revealed.The development is projected to revitalise economic activities within the corridor.Daily Trust reports that the last administration had closed land borders between Nigeria and Cotonou, Benin Republic, and subsequently banned the importation of vehicles through that axis.The Director of Road Transport in the Ministry of Transportation, Ibrahim Musa, yesterday, however, disclosed that the federal government has approved the re-opening of the Seme border for the importation of vehicles.He disclosed this at the Economic Community of West African States (ECOWAS) meeting, organised…

…says I invoked Emilokan spirits of freedom, determination to win 2023 poll President Bola Tinubu on Thursday said the cashless policy implemented by former President Muhammadu Buhari around the last general elections confiscated “our monies,” even though according to him, the policy did not work.He made the assertion in Ijebu-Ode, Ogun State, where he said he had to invoke the spirit of freedom and determination as symbolised by “Baba Emilokan” to overcome the obstacles in the election.He said that he remained hopeful and optimistic about achieving victory in the last presidential election, despite the ineffective cashless policy implemented by the Central…