Posted in NAIJA BIZ

Nigerian Treasury Bills fall to 5.2% per annum

The latest data from the Central Bank of Nigeria reveals Nigeria’s 364-day treasury bills have fallen to 5.2%. This is the lowest we have seen…

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Posted in NAIJA BIZ

Why UK allegedly protected Nigeria from trade sanctions – Report

Documents have shown how the British government protected Nigeria from trade sanctions in the interest of Shell. Britain allegedly shielded Nigeria after the late military ruler,…

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Posted in NAIJA BIZ

Paga records over $2 billion worth of transactions in 2019

The founder and Chief Executive Officer of Paga, Tayo Oviosu, has disclosed that the mobile payment company recorded over $2 billion worth of transactions in 2019…

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Posted in Naija News

Still on the FG’s $22 billion loan

The Federal Government of Nigeria (FGN) has reintroduced a request to the National Assembly to borrow up to $22.74 billion from the international markets. The government’s…

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Posted in Foreign hub

US vs Iran: America reveals why Trump ordered Soleimani’s killing

US Secretary of State Mike Pompeo, on Friday, explained why President Trump ordered the killing of Iranian commander, Qasem Soleimani. Pompeo said the action was…

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Posted in Naija News

Edo: Gov. Obaseki makes revelations on APC crisis, fights with Oshiomhole

The Edo State Governor, Godwin Obaseki, has linked the seeming unending political tussle in the state to his administration’s fight against warlords and non-state actors,…

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Posted in Naija News

Police confirms massive killings in Tawari community of Kogi State by suspected herdsmen

The Commissioner of Police, Kogi State Command, CP Ede Ayuba Ekpeji has condemned the unfortunate attacks on the people of Tawari Community in the early…

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Posted in Naija News

APC crisis: I wasn’t paid to attack Oshiomhole – Idahosa

A chieftain of the All Progressives Congress (APC) in Edo State, Charles Idahosa, has denied being paid to attack his former boss, Adams Oshiomhole. Idahosa…

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Posted in Naija News

DSS arrests man over video depicting Buhari’s marriage to minister

The Department of State Services (DSS) on Friday arrested a man for creating and sharing a fake video depicting President Muhammadu Buhari’s marriage to a…

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Posted in football sports

Sadio Mane to join Real Madrid from Liverpool on one condition

Former Liverpool player, Steve Nicol has claimed that forward, Sadio Mane could leave the club for Real Madrid if the whole ‘Real Madrid thing’ come…

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Posted in football sports

Arsenal defender Chambers out till next season

Arsenal defender Calum Chambers is expected to be out for six to nine months after he underwent surgery on Thursday for a ruptured anterior cruciate…

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Posted in Naija News

Nigerian Govt persistently assaulted the rule of law in 2019 – NBA

The Nigerian Bar Association (NBA) has condemned the “executive misbehaviour and high-handedness” of the federal government in 2019. The president of the association, Paul Usoro,…

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Posted in Entertainment

There is nothing God can not do – Juliet Ibrahim

Ghanaian actress and author Juliet Ibrahim shares a prayer and encouragement note to fans this 2020. The mum of one urged everyone to make plans…

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Posted in Naija News

Fibroid: Frequent checkups avoid complications – Expert

Dr Mary Kigho, a medical practitioner in Universal Hospital, Benin, has advised patients with Uterine fibroids to go for frequent medical checkups to avoid further…

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Posted in football sports

Boateng set to join Arsenal for £12.75m

Bayern Munich defender, Jerome Boateng is set to join Arsenal in this January’s transfer window. According to Sky Sports, Arsenal have opened talks with the…

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Posted in Naija News

The Lagos State Government Friday commenced the cashless policy for toll payments at Lekki/Ikoyi Link bridge toll-plaza as earlier announced. It would be recalled that the State Government had last year announced that it would go cashless on toll payments at the Lekki/Ikoyi toll plaza effective from January 2020 due to huge traffic gridlocks often experienced on the corridor with cash payments. Commissioner for Transportation, Dr. Frederic 0ladeinde, who personally monitored the cashless toll payments at the toll plaza early this morning along with the Managing Director, Lekki Concession Company Limited, (LCC) Mr. Yomi Omomuwasan stated that the new cashless policy was aimed at reducing traffic queue often experienced during cash payments regime to save travel time and ease traffic movement along the corridor. Dr. Oladeinde who noted that the new cashless toll payments has brought significant improvement on vehicular movement at the toll plaza compared with the previous situation, he added that there was the need to educate the residents on the need to imbibe the new system through compliance because of its advantage on free flow of traffic. He frowned at some motorists who he said wanted to deliberately sabotage the new policy for their selfish gains, disclosing that some motorists made photocopies of their payment vouchers for multiple uses. He warned that the State Government would not hesitate to apply the law on any motorists that attempted to frustrate its effort at improving traffic movements through corrupt practices. “I just want to appeal to Lagosians to embrace this new initiative introduced by this government as it would help us improve traffic movements along the corridor, any form of criminality or corrupt practices such as photocopying of payment vouchers or similar vices will not be condoned as such would be treated as a criminal case when caught,’’ the Commissioner warned. While expressing optimism that the new toll- cashless policy would be a very good experience for Lagosians when it is fully stabilized, the Commissioner explained that for close to 3 hours that the officials were monitoring vehicular movements at the toll plaza, no motorist spent more than one to two seconds before they were electronically passed, having shown their e-payment vouchers or other devices, those that had delays were the recalcitrant ones who were not ready to comply with any of the four cashless payment options as earlier stated. He commended Governor Babajide Olusola Sanwo-Olu’s administration for maximizing technology to improve the operations of transportation in Lagos State. Also speaking, The Managing Director/ Chief Executive of the Lekki Concession Company Limited, Mr. Yomi Omomuwasan noted that the cashless policy had made toll payment operations seamless, noting that heavy traffic congestions associated with cash payment had been significantly reduced to the admiration of all motorists. He commended the State Government for the initiative, promising that his company would continue to work to improve customer satisfaction in the Transport Sector. Omomuwasan further explained that LCC had created about 4 seamless ways by which people could make their e- (cashless) payments which according to him include; E- tag which is attached to vehicles and allows free passage on number plate recognition, the vouchers system, which is temporary for newcomers or 1st timers that are yet to register, the E-card which must be regularly topped up as at the time of presentation, and lastly, the LCC Mobile App for top-up which is also a payment platform. The Managing Director added also that any interested member of the public could also reach the company through any of the following numbers: 07011753784, 07015838157, 08002255522 or [email protected], promising that the company would work round the clock to ensure the success of the new policy.

The Lagos State Government Friday commenced the cashless policy for toll payments at Lekki/Ikoyi Link bridge toll-plaza as earlier announced. It would be recalled that…

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Posted in Naija News

David Mark: Ex-Senate President’s house raised by fire

A section of the residence of former Senate President, David Mark, in Otukpo town, Benue State, was on Thursday gutted by fire. DAILY POST gathered…

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Posted in Naija News

Boko Haram: Michika residents narrate experience after Thursday attack

As normalcy returns to Michika town of Adamawa following night attack by insurgents, many residents that abandoned their houses during the incursion that was repelled…

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Posted in Entertainment

Zlatan Ibile Launches Record Label, “Zanku Records”

Zlatan has followed in the footsteps of his friend and industry colleague; Naira Marley, as he announces his own record label, “Zanku Records”. Zlatan made…

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Posted in Entertainment

It’s becoming clearer by the day that my fellow celebs don’t like me – MI Abaga

Nigerian Rapper, M.I Abaga has taken to social media to call attention to what he perceives as not being liked by his colleagues in the…

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