Author: Vera

Point News247 reports that there were speculations on social media about the “death” of former Head of State, Ibrahim Badamasi Babangida (IBB). Information circulated at the weekend that the Niger-born retired General passed away. Citing a source Sunday night, PRNigeria reported that IBB is “alive and hearty”. Insider insists the former Nigerian leader is doing well despite some restrictions due to health reasons. “Gen. Babangida, this afternoon, had a sort of meeting and political consultations with some friends and politicians who visited his Hill Top residence”, the source said. 80-year-old IBB recently received former Lagos State Governor, Bola Tinubu, at…

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After the joyful unveiling two weeks ago of the Central Bank of Nigeria/RIFAN Paddy Pyramids in Abuja, reports indicate the rice are imported and not local. Point News247 reports thatNigerians who saw the heaps of rice were happy, saying goodbye to hunger. The new hope was that local rice will soon flood the Nigerian markets. But that may be a pipe dream as there are many who despite the cheers and new hope believe that the Abuja rice show was a scam Senator Hanga Rufai is one of the stakeholders in rice production in Kano State. Speaking with Sunday Sun…

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Point News247 reports that aformer beauty queen who represented the United States of America, Cheslie Kryst, has died at 30. CNN reported that her family and the New York City Police Department have confirmed that the unfortunate incident happened on Sunday. According to the police, the 2019 Miss USA died after jumping from a building in Manhattan. Statement from the family read, “In devastation and great sorrow, we share the passing of our beloved Cheslie. Her great light was one that inspired others around the world with her beauty and strength. She cared, she loved, she laughed and she shined.”…

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Retail Supermarket Nigeria Limited (RSNL), owners of Shoprite in Nigeria, has disclosed plans to reopen the Circle Mall store. Point News247 reports that the store which is located in Jakande area of Lagos State, Southwest Nigeria, was shut after it was vandalised as a result of the EndSARS protests in October 2020. Tayo Amusan, chairman of RSNL, announced the development on Monday. The Maryland store will now be closed — coming months after Ketron Investment Limited, a subsidiary of Persianas Investment Limited which is owned by Amusan, completed the acquisition of Shoprite’s operations in the country. “We have made the…

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The Nigeria Police Force, Lagos State Command has announced the commencement of the physical and credential screening for constable cadre from 1st February to 20th February, 2022. Point News247 reports thatIn a press statement e-signed and released to the National Association of Online Security News Publishers, NAOSNP by the Command’s Spokesperson, CSP Adekunle Ajisebutu stated that, “This is to inform the general public particularly applicants of Lagos State origin who applied for the ongoing recruitment into the Nigeria Police Force that physical and credential screening exercise will take place at the Police College Ikeja from 1st February to 20th February,…

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Rivers State government on Saturday demolished homes at Elechi Phase I, Diobu, Port Harcourt, rendering thousands of people homeless. Point News247 reports that the state government had earlier threatened to evacuate residents in some coastal communities in the state for allegedly harbouring criminals. The move had been objected to by civil society organisations but the government ignored all cries and carried out the demolition.

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Point News247 reports that the Central Bank of Nigeria (CBN) has reduced ATM withdrawal charges and inter-bank transfer fees. Nigeria’s apex bank, in its guidelines to charges by Banks, Other Financial Institutions (OFIs) and Non-Bank Financial Institutions, issued a downward review of charges for electronic banking transactions. In its amended guidelines to charges by banks, other financial institutions (OFIs), and non-bank financial institutions, the Central Bank of Nigeria (CBN) has downward reviewed charges for electronic banking transactions. This is according to the circular by Chibuzor Efobi, the Director, Financial Policy and Regulation Department, titled “RE: GUIDE TO CHARGES BY BANKS,…

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Point News247 reports that Professor Charles Soludo has narrated how he received several death threats when he undertook reforms in the banking sector. Soludo, a former Governor of the Central Bank of Nigeria (CBN), said he received 19 written threats, including physical attacks for undertaking the banking revolution. Soludo served as Governor of CBN from 2004 to 2009. The governor-elect of Anambra State, made this known while speaking as a guest at the first graduation day of students of the School of Politics, Policy and Governance (SPPG), founded by a former Minister of Education, Dr. Obiageli Ezekwesili, in Abuja. Soludo…

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Point News247 reports that the Economic and Financial Crimes Commission (EFCC) on Saturday detained the Director General of Voice of Nigeria (VON) Mr. Osita Okechukwu. He was reportedly detained over a case of conspiracy, abuse of office and misappropriation of public funds to the tune of N1.3billion. Mr Okechukwu was said to have arrived the headquarters of the anti-graft agency in Abuja at about 1.30pm to honour an invitation. Reports indicate that he was still with operatives of the agency as of the time of filing this report.

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Vice President Yemi Osinbajo, SAN, says the Buhari administration and the ruling All Progressives Congress (APC) remains committed to the welfare of the common man because it is a party of the people and will continually ensure that the common man benefits maximally from government. Point News247 reports that the Vice President stated this on Friday when he received on a courtesy call from a delegation of the APC Professionals Forum at the Statehouse, Abuja. “This is a party of the common man, a party of the people, a party that takes as its cradle, the importance of ensuring that…

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