Buhari Assents to Banks and Other Financial Institutions Act 2020 – Presidency Reveals

..as CBN Holds Structured Engagements With Stakeholders Across Various Sectors of Economy By Chris Udochukwu Abuja (Precise Post) – President Muhammadu Buhari has assented to the Banks and Other Financial Institutions Act 2020 which repeals the extant Banks and Other Financial Institutions Act 1991 as amended. This monumental piece of legislation which was signed on Thursday, November 12, 2020 is expected to enhance the soundness …

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Lagos Govt Moves to Close Ilupeju, Jibowu, Yaba, Other Level Crossings For Railway Project

By Ogechi Okorie Abuja (Precise Post) – Lagos State government has announced plans to close the rail level crossing in Ilupeju, Jibowu, Yaba, and some areas. It explained that the closure was in accordance with the ongoing Nigerian Railway Modernisation Project (Lagos-Ibadan section) with an extension to Lagos Port, Apapa. Mrs Bolanle Ogunlola, the Assistant Director of Public Affairs Unit at the State Ministry of …

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Partner Nigerians in Diaspora to Promote Entrepreneurship – Jonathan Charges Buhari

By Our Reporter Abuja (Precise Post) – Former President Goodluck Jonathan has charged his successor, President Muhammadu Buhari to partner Nigerians in Diaspora in promoting entrepreneurship and development, especially with the birthing of the Nigeria in Diaspora Commission by his administration. Jonathan who recalled how as president his administration had a policy of actively and robustly engaging the Diaspora in a coordinated fashion, stated that …

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Petrol hike: ‘This is next level hardship’, Nigerians slam Buhari

Nigerians on Friday described the fresh increase in the pump price of petrol as “next level hardship”. They took to the social media to criticise the President, Major General Muhammadu Buhari (retd.), and his All Progressives Congress party for bringing untold suffering on the masses through unpopular policies including steady fuel hike. The PUNCH had reported that the Petroleum Products Marketing Company, a subsidiary of …

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IPMAN directs members to sell petrol at N170 per litre

The Independent Petroleum Marketers Association of Nigeria, Kano branch has directed its members across the state to sell Premium Motor Spirit (petrol) from N168 to N170 per litre. The Pipeline and Product Marketing Company (PPMC) had on Thursday, November 12, 2020, released a circular, advising the petroleum marketers to sell petrol within the range of N168 per litre to N170 per litre after a review …

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Davido Tells Interesting Story Of How He Got American Rapper, Nas To Record A Verse On His Album (Video)

Nigerian singer, Davido has told a really story of how he managed to get Nas to record a verse on his album, A Better Time. Davido told the story during an interview on BBC Radio 1xtra. According to him, he was in Los Angeles recording when he decided to visit the bathroom and while washing his hands, he looked to his side and saw Nas …

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UK Serial Killer, Peter Sutcliffe Dies Of Coronavirus

Peter Sutcliffe, the Yorkshire Ripper has lost his life to the ravaging coronavirus. The serial killer died at precisely 1.10 am on Friday morning after his lungs finally collapsed. Sutcliffe contracted the bug on November 7 in prison. He was put in isolation and monitored closely but refused any treatment for coronavirus. A Prison Service spokesman said: “HMP Frankland prisoner Peter Coonan (born Sutcliffe) died …

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Like Lagos, Kwara Govt To Scrap Pension For Ex-Governors, Deputies

Kwara State Governor, Abdulrahman Abdulrazaq, on Friday announced plans by the state government to abolish the payment of pension packages to former governors and former deputy governors in the state. The announcement comes three days after Governor Babajide Sanwo-Olu of Lagos State informed lawmakers in the State House of Assembly about his administration’s effort to stop the pension of former governors and deputies in the …

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Ogun Chief of Staff returns as UMA President

The University of Lagos Muslim Alumni (UMA) has returned Chief of Staff to the Ogun State Governor, Alhaji Shuaib Salisu, as its President for the next two years. Salisu, also called SAS, was re-elected at the 31st Annual General Meeting (AGM) of the association held recently at the UNILAG Islamic Centre Hall, Akoka, Lagos. Also re-elected were an Associate Professor and Acting Head of Cell …

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Man kills girlfriend, buries corpse in Lagos

The decomposing body of a bar attendant, Oritoke Manni, has been found at a site in Otolu town, Akodo, in the Lekki Local Council Development Area of Lagos State. PUNCH Metro gathered that Manni went missing after visiting her boyfriend, Segun Titilayo, at his house in the area. When efforts by Manni’s family members to locate her proved abortive, they reported a case of missing …

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Access Bank receives first sustainability certification in Africa

Access Bank has received the highest level of sustainability certificaton under the Sustainability Standards and Certification Initiative (SSCI). It was presented with the certification during the World Development Finance Forum (WDDF) in Karlsruhe, Germany.With it, Access Bank has become the first-ever commercial bank in Africa to be sustainability certified.This certification only features financial institutions from around the world who are pre-qualified for the SSCI certification …

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Saraki Condoles Ghanaian President, Nana Akufo-Addo Over Death of J.J Rawlings

By Chris Udochukwu Abuja (Precise Post) – The former President of the Senate, Dr Bukola Saraki has conveyed his deepest condolences to the Ghanaian President, Nana Akufo-Addo over the demise of former President Jerry John Rawlings. He disclosed this on Thursday when he took to his twitter handle account @bukolasaraki. Precise Post recalls that former President Rawlings died on Thursday at the age of 73. …

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Again, NNPC Jack’s Up Price of Petrol Depot Price, See Marketers Selling Cost

Abuja (Precise Post) – The Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation has raised the ex-depot price of Premium Motor Spirit, also known as petrol to N155.17 per litre from N147.67 per litre. The PUNCH reports that the PPMC disclosed this in an internal memo with reference number PPMC/C/MK/003, dated November 11, 2020, and signed by Tijjani Ali. The memo, …

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We Need Unity Template to Overcome Our Challenges – Obaseki Says @ 2nd Term Inauguration

By Chris Udochukwu Benin City (Precise Post) – Edo State Governor Godwin Obaseki has said that as a people propelled by a common zeal in pursuit of progress and advancement, what is needed is a unity template with which to overcome our challenges. He stated this on Thursday during his second term inauguration at the Samuel Ogbemudia Stadium, Benin City, Edo State. Obaseki said his …

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I’ll Complete All Ongoing Projects in Taraba Despite Dwindling Resources – Gov Ishaku

By Callistus Agwaza Jalingo (Precise Post) – Taraba State governor Darius Ishaku on Thursday restated the determination of his administration to complete all ongoing projects in the state before the end of his tenure despite persistent fall in revenues accrued to the state. The state Commissioner of information and reorientation Mr Danjuma Adamu who disclosed this at an interactive session with Journalists in Jalingo said …

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Economy: Nigeria on Path of Growth Despite Challenges – Lawan to IMF

By Francis EtukoAbuja (Precise Post) – President of the Senate, Ahmad Lawan has expressed optimism that Nigerian economy is being steered on the path of growth despite the prevailing challenges.Lawan spoke on Thursday at the Nigeria/International Monetary Fund(IMF) Article lV Consultation virtual exercise.The Senate President said the exercise was a “veritable platform to share our experiences on steering our economy on the path of growth, …

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