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Day: March 7, 2024

Warehouse looting: Police, NEMA on red alert in Lagos

The Lagos State Police Command and the National Emergency Management Agency have placed their operatives on red alert against any attack on warehouses and shopping malls. The command’s spokesperson, Benjamin Hundeyin, confirmed this to the News Agency of Nigeria on…

Submit returns or face sanctions, CBN warns mortgage banks, others

The Central Bank of Nigeria has warned all primary mortgage banks in the country regarding the timely submission of regulatory returns. This was as it also issued a stern warning to Development Finance Institutions and Microfinance Banks. In a press…

24 states can’t pay salaries without FG allocation – Budgets

At least 24 states of the federation will not be able to pay workers salaries this year without having to wait for federal allocations from the central government, findings by The PUNCH have revealed. Only 11 out of the 36…

CDA News updates you need to know Thursday morning

Good morning dear esteemed readers! Here is today’s summary from Nigerian Newspapers: 1. Electricity Distribution Companies, DisCos, are to be held accountable henceforth for poor power supply in the country, the Federal Government said yesterday. Tough sanctions, including licence revocation,…