Why Transacting Above N500,000 Can Send You To Jail – Police To POS Operators

The Delta State Police Command has issued a stern warning to Point of Sale (PoS) operators, cautioning them against facilitating large transactions, particularly amounts exceeding N500,000. According to the Command public relations officer, SP Bright Edafe, such transactions could potentially involve criminal activities, leading to legal consequences. This warning was highlighted in a developing case…

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BREAKING: Nigeria’s Aviation Rating Climbs To 75.5%, Removed From Global Watchlist 

Nigeria’s aviation sector’s rating has improved to 75.5%, with the country officially removed from the global aviation watchlist. This was revealed by Festus Keyamo, Nigeria’s Minister of Aviation and Aerospace Development, during the commissioning of the Juhi-2 Aviation Fuel Depot at Murtala Muhammed International Airport (MMIA), Lagos, on Thursday. The minister lauded the recent progress,…

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FRSC Gives Details As Tanker Explosion Rocks Ogun

Barely 48 hours after a tanker explosion rocked Jigawa state and killed over 90 people, another incident has been reported along Lagos-Ibadan Expressway. Confirming the incident, the Federal Road Safety Corps said no life was lost in the tanker explosion that hit the Ibafo axis of the Lagos -Ibadan Expressway on Wednesday. According to the…

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Dangote’s Net Worth Hits $28 Billion As Refinery Project Sails

Aliko Dangote, Africa’s richest man, has seen his wealth more than double to $28 billion following the long-awaited opening of his Nigerian oil refinery, according to the Bloomberg Billionaires Index. The refinery is the world’s largest single-train facility, capable of processing a broad range of global crude types. It represents a monumental investment for Dangote,…

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N70,000 Minimum Wage Not Ideal For Workers – Reps Member Laments Growing Hardship In Nigeria

A lawmaker of the House of Representatives, George Ozodinobi, has decried the growing high cost of living in Nigeria. Speaking on the floor of the plenary on Wednesday, October 16, the lawmaker who represents Njikoka and Ochadunokofia federal constituency of Anambra State, said N70,000 minimum is not ideal for any civil servant. Ozodinobi said the…

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Presidency Speaks On ‘Leadership Vaccum’ As Tinubu, Shettima Jet Out Of Nigeria At Same Time

Although President Bola Tinubu and his deputy, Vice President Kashim Shettima, are both outside the country, there is no leadership vacuum, the president’s office said on Wednesday. Mr Tinubu is currently on a working leave outside Nigeria while Mr Shettima travelled to Sweden on an official visit on Wednesday. The president departed Nigeria on the…

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