Telecoms Q3 report, vehicle insurance rates hike… 7 business stories to track this week
Here are the seven top business news you need to track this week — December 26 to December 30. CBN’S INCREASE OF WEEKLY CASH WITHDRAWAL LIMIT The Central Bank of Nigeria (CBN) recently increased the maximum weekly limit for cash withdrawals across all channels by individuals and corporate organisations to N500,000 and […]
Outrage as police officer kills Lagos lawyer on Christmas Day
An unnamed policeman attached to the Lagos police command has reportedly shot dead Bolanle Raheem, a female lawyer. The incident was said to have happened on Sunday morning in the Ajah area of the state. TheCable understands that the shooting occurred when the deceased and her family were returning from Christmas service. […]
INTERVIEW: Being strategic has helped us to police over 20m Lagosians with 17k officers, says CP
On January 24, Abiodun Alabi took over from Hakeem Odumosu as the Lagos state commissioner of police. Being the commercial hub of the country, policing Lagos comes with a lot of challenges; with important national events coming up in a few months, the task looks even more daunting — given the capacity of the […]
Zelensky warns Ukrainians of more attacks despite Putin’s call for negotiations
Ukraine’s President Volodymyr Zelensky has warned residents of the country to expect more Russian attacks in the Yuletide season. On Christmas day, Russia launched more than 10 rocket attacks in the Kharkiv region of Ukraine and shelled more than 25 towns along the Kupiansk-Lyman frontline. Nearly 20 towns were hit in Zaporizhzhia, […]
Air force: Terrorist kingpins, over 100 insurgents killed in fresh airstrike
The Nigerian Air Force (NAF) says it has killed over 100 terrorists and some of their leaders in an airstrike in Borno state. Edward Gabkwet, director of public relations, in a statement on Sunday, said the airstrike took place on Sunday. He said the mission was conducted by the air component of […]
Newspaper Headlines: FG plans tax waiver suspension for firms in rural areas
The Christmas message of Matthew Kukah, bishop of Sokoto Catholic diocese, dominated the cover pages of Nigerian newspapers. Source: Top Stories
NDLEA intercepts 61kg of cannabis concealed in vehicles at Lagos seaport
The National Drug Law Enforcement Agency (NDLEA) has intercepted 185 parcels of cannabis concealed inside vehicles imported from Montreal, Canada, at the Tincan seaport, Apapa, Lagos. Disclosing this in a statement on Sunday, Femi Babafemi, director, media and advocacy, NDLEA, said the drugs were meant for distribution ahead of the Christmas celebration. […]
Buhari: I’ll be far away from Abuja after leaving office to avoid problems
President Muhammadu Buhari says he intends to stay as far away as possible from Abuja, the nation’s capital city, when he leaves office on May 29, 2023. Speaking on Sunday while hosting the federal capital territory (FCT) residents on Christmas homage, the president said he made the decision to stay away to avoid […]
Christmas: Shiite group attends church service in Kaduna
Some members of the Islamic Movement in Nigeria (IMN), popularly known as Shiites, on Sunday, attended a church service in Kaduna state to celebrate Christmas with their Christian counterparts. The prayer session was held at the Church of Brethren in Nigeria, Sabon Gari, Zaria. The group also presented a gift to the […]
Police arrest ‘bandit’ in Kaduna, recover AK-47 rifles, ammunition
The police command in Kaduna state says it has arrested a suspected bandit with four AK 47 rifles and 344 rounds of ammunition. The police said the suspect was arrested on his motorcycle. In a statement on Sunday, Muhammad Jalige, command spokesperson, said the suspect was arrested on Friday by operatives attached […]