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Senate passes bill to strengthen NDIC, protect depositors

The Senate, on Tuesday, passed, in its third and final reading, a bill aimed at enhancing the capacity of the Nigeria Deposit Insurance Corporation to protect depositors, ensure the stability of financial institutions, and promote trust in the banking system. The legislation, titled Nigeria Deposit Insurance Corporation Act No 33 of 2023, was sponsored by...
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Amotekun arrests 27 for kidnapping, others in Ondo 

The Ondo State Security Network Agency, known as the Amotekun Corps, announced the arrest of 27 individuals involved in various crimes, including kidnapping, theft, murder, and burglary, across the state. During a parade of the suspects at the Amotekun headquarters in Akure on Tuesday, the state’s Amotekun Commander, Adetunji Adeleye, stated, “Today, we have a...
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Security agencies not sharing information, minister laments

The Minister of Police Affairs, Senator Ibrahim Gaidam, on Tuesday, said he observed that law enforcement agencies do not share information among themselves. Gaidam said each agency tends to operate independently in this regard rather than collaborating with one another. The PUNCH reports that law enforcement agencies include the Nigeria Police Force, National Drug Law...
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EFCC arrests four bank hackers in Abuja

Operatives of the Economic and Financial Crimes Commission have arrested four suspects for unauthorised access to banks’ computer systems. The suspects were also accused of fraudulently withdrawing depositors’ funds. The arrested individuals include the leader of the syndicate, identified as Chima Nwigwe, along with Effiong Emmanuel, Mohammed Mahmud—the Managing Director of Downstone Ultimate Limited—and Damian...
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Reps move to stop fraudulent deductions by commercial banks

The House of Representatives on Tuesday took significant steps to address cases of fraudulent deductions by commercial banks from customers’ accounts. This followed the passage for the second reading a “Bill for an Act to amend the Banking and Other Financial Institutions Act 202 and Other for Other Related Matters,” sponsored by the member representing...
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Fish out killers of Anambra seven, Reps charge IGP, DSS

The House of Representatives has urged the Inspector General of Police, Kayode Egbetokun, and the Director General of the Department of State Services, Oluwatosin Ajayi to bring to book the killers of seven Nigerians. Recall that hoodlums, suspected to be cultists last week, invaded Ifite-Awka, near the school gate of Nnamdi Azikiwe University, Awka, Anambra...
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Implement new minimum wage, Delta gov tasks LG chairmen

Governor Sheriff Oborevwori of Delta State has charged the 25 Local Government Council Chairmen in the state to implement the new minimum wage for workers in their respective Councils.  Oborevwori gave the charge on Tuesday during a meeting with the leadership of the Delta State chapters of the Association of Local Governments Of Nigeria, Nigeria...
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I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...