Punch Newspaper Headlines Today Monday 14th August 2023
Top Nigeria news Dailies Update from Punch Newspaper Headlines Today
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Naira slides further as dollar shortage hits banks
The widening gap between the demand and supply of dollars in the banks and at the parallel market has continued to worsen the value of the naira, findings by The PUNCH have revealed. In less than three weeks, the naira lost N100 after sliding from 860/$ to 960/$ at the parallel market as of Friday.
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CBN staff loans jump by 113%, hit N40bn
The Central Bank of Nigeria has said that it issued N40.67bn loans to members of its staff as of December 2022. This was according to the apex bank’s audited financial statement for 2022. The PUNCH observed that there was an increase of 133.07 per cent from N17.43bn in 2021 to N40.67bn in 2022. CBN did
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NDLEA nabs lady with 39 cartons of tramadol
Men of a special unit of the National Drug Law Enforcement Agency intensified their anti-drug operations last week and over the weekend with the clampdown on some drug kingpins in Lagos State, recovering multi-billion naira worth of drugs. The agency’s Director of Media and Advocacy, Femi Babafemi, disclosed this in a statement made available to
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NBTE unveils online programmes for HND conversion to BSc in one year
The National Board for Technical Education has unveiled an online top-up programme for Higher National Diploma holders to convert their certification to Bachelor’s Degree through online top-up for one year, with foreign accredited universities. The board disclosed this in a statement made available to newsmen in Abuja on Monday by its Head of Media Unit,
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15,634 retirees with pensions below N10,000 exit scheme – PenCom
No fewer than 15,634 workers who retired under the Contributory Pension Scheme and could not earn up to N10,000 monthly stipends withdrew N7.79bn funds in their Retirement Savings Accounts with their respective Pension Fund Administrators in one year. According to figures obtained by The PUNCH on the National Pension Commission’s quarterly report on enbloc payments
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Ousted president will be prosecuted for treason- Niger junta
The Niger junta has said it will prosecute ousted President Mohamed Bazoum for high treason over his exchanges with foreign heads of state and international organisations. According to Reuters, Junta spokesperson Colonel Amadou Abdramane said in a statement read out on state TV late on Sunday that the military authorities had “gathered the necessary evidence
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West Ham sign Southampton midfielder Ward-Prowse
West Ham signed England midfielder James Ward-Prowse from Southampton on Monday in a deal worth a reported £30 million ($38 million). Ward-Prowse agreed a four-year contract with the Hammers as he makes a quick return to the Premier League following Southampton’s relegation. The 28-year-old made 410 appearances for Southampton and was captain as they crashed
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FRSC arrests 162,834 traffic offenders in six months
The Federal Road Safety Corps has apprehended 162,834 traffic offenders nationwide from January to June, 2023, The PUNCH has learnt. The corps spokesperson, Bisi Kazeem, disclosed this to our correspondent on Sunday. According to Kazeem, the traffic offenders were arrested for committing 179,165 offences. He said, “From January to June 2023 alone, the corps recorded
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ICPC grills agric ministry officials over massive fraud
About five senior officials in the Department of Farm Inputs Supports Services of the Federal Ministry of Agriculture and Rural Development were arrested by operatives of the Independent Corrupt Practices and Other Related Offences Commission over alleged diversion of funds. They were said to have been arrested around 9 am on Thursday in a sting
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Transportation cost increased by 98% in one month – NBS
The average cost of bus transportation within Nigerian cities rose from N649.59 in May 2023 to N1,285.41 in June 2023 as the pump price of Premium Motor Spirit rose, according to the National Bureau of Statistics. This means that the cost of intra-city bus transportation rose by 98 per cent or N636 within one month.
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