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NEWS

Stampede deaths: States list tough conditions for palliative distribution

As part of efforts to prevent tragedies at public events, several states have started the implementation of strict precautionary measures, The PUNCH reports. This comes after 67 people, 35 of them children, died in stampedes in Ibadan, the Oyo State capital; Okija, Anambra State and Abuja during a funfair and food distribution ceremonies. In the rush to secure free food items from the organisers, some of the participants were trampled […]

todayDecember 23, 2024 8

BUSINESS

CBN plans tough sanctions for banks

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has vowed to pursue an aggressive regulatory environment to reduce infractions in the country’s banking system. He said this on Tuesday in Abuja at the Monetary Policy Committee meeting of the apex bank, the first since he assumed office in September 2023. He also stated that an in-depth investigation was underway to determine the necessary actions against banks involved in […]

todayFebruary 28, 2024 65

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