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Man in court for stealing PHCN meter

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Posted by admin 74 days ago (http://www.punchng.com)
Thirty one-year-old Benjamin Uzoka has been arraigned before an Ojo Magistrate’s Court, Lagos, for stealing a PHCN meter. Police said the crime was committed on May 31, 2014 when the defendant broke into the house of one Dr. Charles Agom, on Morogbo Road, Jakande, Ajangbadi, in the Ojo Local Government Area and made away with... [Read More...]

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80% of Nigerian youths are unemployed – CBN

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Posted by admin 74 days ago (http://www.punchng.com)
The Central Bank of Nigeria has said 80 per cent of Nigerian youths are still unemployed. This is despite the repeated release of figures by the National Bureau of Statistics showing that the Nigerian economy had been creating millions of jobs in recent years. Only last week, the NBS announced that the economy created about... [Read More...]

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NDIC pays N588m to depositors of closed MFBs

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Posted by admin 74 days ago (http://www.punchng.com)
The Nigeria Deposit Insurance Corporation said on Thursday that it had commenced the verification and payment of insured deposits of 33 out of 83 microfinance banks whose licences were recently revoked by the Central Bank of Nigeria. The corporation in a statement issued in Abuja said the first phase of the deposit payout of the... [Read More...]

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Aviation workers threaten strike over unpaid benefits

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Posted by admin 74 days ago (http://www.punchng.com)
Aviation workers under the aegis of the National Union of Air Transport Employees and the Air Transport Services Senior Staff Association of Nigeria have threatened to embark on a fresh strike by the end of the month. This time, the grouse of the workers is the non-implementation of the various approved agreements between them and... [Read More...]

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43,000 installed prepaid meters tampered with – IKEDC

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Posted by admin 74 days ago (http://www.punchng.com)
The Ikeja Electricity Distribution Company has said within five years, 43,000 prepaid meters have been tampered with by their owners out of 134,000 installed by the company. This represents about 32 per cent of the total number of prepaid meters in use across areas covered by the electricity company. The Managing Director, IKEDC, Mr. Abiodun... [Read More...]

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Ukraine crisis: Russia must engage with Kiev, says G7

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Posted by admin 74 days ago (http://www.punchng.com)
Leaders of the G7 industrial nations have urged Russia to begin talks with the new leadership in Kiev to end the crisis in eastern Ukraine. US President Barack Obama and UK PM David Cameron said Moscow must recognise Petro Poroshenko, who takes office as president on Saturday. The G7 leaders meeting in Brussels said they... [Read More...]

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Egypt introduces new sexual harassment laws

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Posted by admin 74 days ago (http://www.punchng.com)
Egypt has introduced new punishments for sexual harassment in an effort to crack down on the worsening problem. In a decree issued by outgoing interim president Adly Mansour, sexual harassment is now a crime punishable by up to five years in jail. Until now, Egypt has not had a law defining sexual harassment. A 2013... [Read More...]

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Three shot at US University

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Posted by admin 74 days ago (http://www.punchng.com)
A gunman opened fire Thursday at Seattle Pacific University, killing one person and wounding two before being tackled by a student security guard, Seattle police said. The gunman was reloading a shotgun when the student, working as a building monitor, used pepper spray and knocked him down, Police Capt. Chris Fowler told reporters. “Once on... [Read More...]

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