BREAKING: Opay Breaks Silence Over CBN Restriction, Tells Customers What To Do Immediately Nigeria’s financial technology bank, Opay, said it has closed non-compliant accounts amid the recent Central Bank of Nigeria’s restriction. According to Nairametric, Opay disclosed this in a statement on Tuesday. Naija News House reports that OPay, Palmpay, Kuda Bank, and Moniepoint were restricted from onboarding new customers due to allegations of accounts being used for illicit foreign exchange transactions. However, OPay said it remains committed to working closely with CBN and other regulatory bodies to fight money laundering, fraud, terrorism financing, and other illegal financial activities. “As…
Author: Ibom Focus
JAMB Publish Names Of UTME Best-Performing Candidates The Joint Admissions and Matriculation Board (JAMB) has explained why it refrained from publishing names of best-performing candidates from the Unified Tertiary Matriculation Examination(UTME). The Registrar of the Joint Admissions and Matriculation Board(JAMB), Prof. Ishaq Oloyede explained this while announcing the release of the 2024 examination on Monday. Oloyede stated that the UTME was only a ranking examination, adding that there are other parameters to be considered as the minimum admissible score for candidates seeking admission to tertiary institutions. “It is common knowledge that the Board has, at various fora, restated its unwillingness…
BREAKING: Judge Holds Trump In Contempt Of Court, Fines Him And Threatens Jail Term Donald Trump was held in contempt of court Tuesday and fined $9,000 for repeatedly violating a gag order preventing him from publicly criticising witnesses and others involved in his New York hush-money case. The judge warned that if he violated the gag order again, he could be jailed. Prosecutors had alleged 10 violations, but New York Judge Juan M. Merchan found there were nine. Trump had insisted that he was exercising his free speech rights. Merchan warned Trump that the “Court will not tolerate continued willful…
I Get N7,000 As Payment, Says Woman Who Fakes Healing In Connivance With Pastor A woman in her 50s, Madam Alimot (surname withheld), has revealed how she and others had been conniving with a pastor in one of the South West states to stage spiritual problems which, after being sprinkled with water and anointed with oil, would vanish immediately, making the congregation to believe that a miracle has happened. With shouts of joy, praise songs and dancing, pervading the atmosphere with exhilaration, the pastor’s next move would be to tell the worshippers who desire such a miracle to drop money…
Drama As Power Went Off At National Assembly During Minister Of Power, Adelabu’s Speech The National Assembly was thrown into a momentary blackout when power went off while the Minister of Power, Adebayo Adelabu, was making his speech. The minister was responding to questions from senators at the investigative hearing on “the need to halt the increase in the price of electricity” organised by the Senate Committee on Power on Monday. Ibom Focus had reported that the Senate Committee on Power invited Adelabu and the heads of agencies under the ministry to an investigative hearing on the new electricity tariffs.…
BREAKING : Fresh Crisis Rocks PDP As Party Suspends Gov Fubara’s Loyalist The Peoples Democratic Party, PDP, in Ngor, Ward 1 in Rivers State’s Andoni Local Government Area has suspended Awaji-Inombek Abiante, who represents the Andoni/Opobo Federal Constituency in the House of Representatives. This was stated in a resolution read to journalists following a meeting of PDP leaders and stakeholders held at the party’s office one in Ngor town on Monday evening. Abiante is one of the federal members in the Green Chamber of the National Assembly who are loyal to Rivers State Governor Siminalayi Fubara. The resolution, which was…
Wizkid, Davido In Serious Fight The simmering rivalry between Nigerian music heavyweights Wizkid and Davido flared up on Monday night, drawing widespread attention on social media. Trouble started in the early hours of Monday after Wizkid mocked Davido on X, formerly Twitter. The Grammy award-winning singer also tackled music producer and label owner, Don Jazzy. Wizkid called Don Jazzy an “influencer” while taunting Davido with a recent viral video of him on his knees, pleading and crying after a fan asked him to release new music. The singer’s posts attracted criticism from a segment of social media users, with many…
BREAKING: Commotion In National Assembly As Lawmakers Fight Over Seats In Newly Renovated Chamber A boisterous session interrupted the Senate’s return to plenary on Tuesday, as senators struggled for their seats. The plenary began about 11 a.m., and immediately following the procession, the Senate President, Godswill Akpabio, read out announcements, specifically the names of the lawmakers who had celebrated their birthdays while the Senate was on break. It was while the announcement was ongoing that Senator Sahabi Yau (APC, Zamfara North) started to raise his voice at the Senate leader, Opeyemi Bamidele (APC, Ekiti Central) while he in return pointed…
Reverse Electricity Tariff Hike, Senate Tells FG The Senate has expressed disagreement with the Minister of Power, the Electricity Distribution Companies (DISCOs) and the Nigerian Electricity Regulatory Commission (NERC) over the planned electricity hike. This is as the Minister of Power, Adebayo Adelabu warned of a possibility of total darkness in the country if the proposed increase in electricity tariff is not implemented. Adelabu gave this warning while speaking at an investigative hearing of the Senate Committee on Power, in Abuja, on Monday. The Committee chaired by Senator Enyinnaya Abaribe (APGA, Abia South) however, requested the Ministry, the NERC, and…
Investors Will Not Come If We Continue To Pay Electricity Subsidy For Nigerians – Tinubu’s Govt Defends High Tariffs The Minister of Power, Adebayo Adelabu has claimed that the country needs to invest the sum of 10 billion dollars yearly, to revive the power sector for the next 10 years. The minister revealed this on Monday, at a one-day investigative hearing on halting the electricity tariff increase by the Nigerian Electricity Regulatory Commission (NERC) organised by the Senate Committee on Power in Abuja. He was quoted by NAN saying: “For this sector to be revived, government needs to spend nothing…