Obinna Chima
The Central Bank of Nigeria (CBN) has revoked the operating licences of seven payment service providers and one payment switching firm.
The affected firms are Easifuel Limited, Transaction Processing System (TPS), Grand Towers Limited, Paymaster Limited, E-Revenue Gateway Limited, Eartholeum Network Limited and Globasure Limited.
Also, the payment switch licence of 3Line Card Management Limited was revoked.
The CBN, in an official gazette signed by its Governor, Mr. Godwin Emefiele, a copy of which was posted on its website yesterday, said the decision was taken because the seven firms ceased to carry on, in Nigeria, the type of business for which their licences were issued, for a continuous period of six months.
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Oluwatosin Omojuyigbe
Justice Rilwan Aikawa of the Federal High Court in Lagos has sentenced one Ejiofor Eliezer to 10 years’ imprisonment for smuggling 2.155 kilograms of cocaine to Nigeria.
Eliezer was arraigned before the court by the National Drugs Law Enforcement Agency on one count of unlawful importation of hard drug.
According to the NDLEA prosecutor, Theresa Asuquo, Eliezer was arrested on March 5, 2015, during an inward clearance of Arik Air at the Murtala Muhammed International Airport, Ikeja, with 2.155 kilograms of cocaine.
Asuquo told the court that the offence was contrary to and punishable under Section 11(a) of the National Drugs Law Enforcement Agency Act, Cap. N30, Laws of the Federation of Nigeria, 2004.
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ASUU As “Abiku/Ogbanje”: the Need to Democratise and Reposition Our Unions, By Gbolahan Gbadamosi 12 min read
ASUU has become part of the problem rather than the solution. ASUU and the Federal Government have tried the same solution for 42 years and we are still where we were then today. ASUU always insists it has to be its way, and successive governments have usually reached agreements with the Union, following prolonged strikes, while monies are eventually paid and agreements signed.
The Academic Staff Union of Universities (ASUU) on Wednesday, December 23 announced that it has conditionally suspended the national strike action it commenced in March. It has been a long nine months, beating all previous strike records of six and seven months held by ASUU. Let us agree to call the just ended strike, the ASUU Coronavirus Strike or the ASUU COVID-19 Strike. It tallies well with the global realities of a year long pandemic for which 2020 would always be associate
25-year-old man arraigned for unlawful firearm possession, cultism
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Osun State Police Command, on Wednesday, dragged a 25-year-old man, Ayoola Abiodun before Osun Magistrate court sitting in Osogbo for alleged unlawful possession of a firearm and being a member of a secret cult.
The suspect was arraigned for being a member of an unlawful society, Aiye Confraternity and unlawfully possessing two live cartridges without authorisation.
Police prosecutor, Inspector Elisha Olusegun told the court that the suspect was said to have committed the offence on December 17, 2020, at about 12:30pm at Egbatedo area Osogbo.
He noted that the offence committed was contrary to Section 516, 64 of the Criminal Code Cap 34 Vol ll Law of Osun state 2002 and Section 8 punishable under Section 27(1)(b)(11) of the Firearms Act Cap F28 Laws of the Federation of Nigeria 2004.