Newspaper Headlines: Kidnappers flogging Ekiti school children in captivity, says proprietor

February 1, 2024 7:00 am

Reports on moves by the Central Bank of Nigeria (CBN) to halt the depreciation of the naira at the foreign exchange market, dominate the cover pages of Nigerian newspapers.

The Punch reports that CBN has ordered deposit money banks to sell their excess dollar stocks latest February 1, 2024. The newspaper says Seyi Makinde, governor of Oyo, has given a 72-hour ultimatum to anyone in the state in possession of any kind of explosives to declare them.

The Nation reports that the Economic and Financial Crimes Commission (EFCC) has traced N7 billion fraud to the account of a religious group in the country. The newspaper says FBN Holdings has appointed Femi Otedola, the billionaire businessman and investor, as the new chairman of its board of directors.

The Guardian reports that a magistrate’s court in Nasarawa has ordered that each of the 38 women protesters arrested by the police over alleged unlawful assembly and public disturbance, should bail herself with N500,000. The newspaper says the house of representatives has set December 2025 as the deadline to deliver a new constitution.

Daily Trust reports that socio-cultural groups in Nigeria have criticised the private visit of Tinubu to Paris. The newspaper says the naira traded at N1400/$ at the official market on Wednesday.

THISDAY reports that Festus Keyamo, minister of aviation, said there is no going back on the relocation of the headquarters of the Federal Airports Authority of Nigeria (FAAN) from Abuja to Lagos. The newspaper says Heineken Lokpobiri, minister of state for petroleum resources, has confirmed that negotiations to end the controversy surrounding the OML 245 are in the final stages.

Newspaper headlines
Newspaper review

Add a comment

Leave a Reply Cancel reply

FCT
Top Stories

Gunmen ‘abduct two sisters’ in Abuja

byAhmad Sahabi

February 1, 2024 8:50 am

FCT
Top Stories

Report: Rising cases of kidnappings driving up cost of living in Abuja

bySamuel Akpan

February 1, 2024 9:23 am

Hot Celebs
On the Go

DOWNLOAD: Asa seeks true love in ‘Odo’

byTaiwo Oshunloye

February 1, 2024 9:55 am

Hot Celebs
On the Go

DOWNLOAD: Zlatan, Asake combine for ‘Bust Down’

byTaiwo Oshunloye

February 1, 2024 10:42 am

Naira extends dip at parallel market, appreciates at official window

Business
On the Go
Top Stories

BDC operators suspend service in Abuja over ‘high FX rate’

byDesmond Okon

February 1, 2024 11:15 am

PenCom commences online enrolment exercise for prospective retirees The National Pension Commission (PenCom) says it has commenced the online verification and enrolment exercise for prospective retirees in ministries, departments and agencies (MDAs) of the federal government. The commission said the exercise is for those who are due to retire in 2025. Omolola Oloworaran, acting director-general (DG), PenCom, spoke at a workshop on the online enrolment application for pension desk officers (PDOs) of treasury-funded ministries, departments and agencies (MDA) of the federal government, on Monday in Abuja. Oloworaran said the commission is working effortlessly to ensure that challenges such as application downtimes are resolved. She also said a new and more efficient enrolment application that will provide a user-friendly and seamless experience for users has been developed. “At the National Pension Commission (PenCom), we hold firmly to our statutory responsibility of ensuring a seamless pre-retirement verification and enrolment process for employees of federal government treasury-funded MDAs,” Oloworaran said “Each year, we embark on this exercise to gather accurate data for determining the Accrued Pension Rights of prospective retirees, so that the federal government can make the necessary budgetary provisions. “Today’s session is not just a routine gathering; it is part of PenCom’s commitment to building the capacity of stakeholders, specifically you, the Pension Desk Officers, whose roles are indispensable in this process. “This workshop aims to equip you with the skills and knowledge needed to effectively use the application and address any challenges that arise during the enrolment process. “We are also here to confront the issues of the past head-on.” 'THERE WERE GAPS IN PREVIOUS ENROLMENT' She further said in previous enrolment exercises, gaps and challenges were observed. The PenCom DG added that the workshop will provide practical solutions and clarity on the modalities for the upcoming 2025 enrollment. “We understand that some challenges, like application downtimes, have occasionally hindered the process, particularly during last-minute rushes,” she said. “I am pleased to inform you that we are actively working on developing a new, more efficient enrolment application that will provide a user-friendly and seamless experience for all stakeholders." Oloworaran also reassured that the commission is committed to continuously improving service delivery across the pension industry. The PenCom boss said despite some setbacks, including delays in the release of funds for retirees’ accrued rights, she’s confident that these issues will soon be resolved. “Today is not just about resolving technical issues; it is also about reaffirming our shared responsibility to Nigeria’s retirees, who deserve timely and seamless access to their benefits,” she added. Oloworaran also said significant progress has been made by all critical stakeholders to clear the outstanding pension liabilities and put in place long-term solutions that will prevent future delays in funding.

Business
On the Go

Pension Insight: No access to retirement savings accounts without data recapture, says PenCom