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Osun: Fire Destroy Property Worth N15.3bn in 2024

    Osun State Fire Service says property worth N15,308,651,017 were lost to fire outbreaks in the state between January and December 2024. The losses were recorded in the state fire service's annual ‘fire incident record,’ which the News Agency of Nigeria (NAN) obtained on Friday in Oshogbo. According to the data, the state fire service received 103 fire outbreak calls in the year under review, and it attended to 16 additional non-fire-related calls. The data also reflected that the majority of the fire outbreaks took place in February and December when 20 fire outbreaks were recorded each. READ:  Soun appoints Rev Owoade as Palace Chaplain However, the highest property loss was recorded in December, with N12.580 billion in property lost to fire outbreaks. This was followed by the month of May when property worth N1.249 billion was destroyed during five recorded fire incidents. According to the data, seven persons died from the fire incidents, with one death recorded in ...
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Scarcity of Naira: Ibadan POS operators hike transaction charges as scarcity of naira persists

As scarcity of Naira hits many states afresh, operators of point-of-sale, POS, in Ibadan, the Oyo State capital, have increased their transaction charges due to scarcity of naira.

According to investigations, many POS operators in major parts of Ibadan have been struggling with getting cash to give to their customers at the moment.

In areas such as Iwo Road, Mokola, Sango, University of Ibadan and Agodi Secretariat, Bodija, Akobo and Apete most POS operators complained of lack of cash to give to their prospective customers while those who have cash are rationing the amount to be paid to customers.

The regular transaction charge of N100 per N5,000 withdrawal has been increased to between N150 or N200.

A POS operator who spoke on condition of anonymity, said: “I can only give you N3,000 and you pay N100. If you want to collect N5,000, you will pay N150 or N200. There is no cash again.”

Another POS operator who spoke with our correspondent at the weekend also said: “I have increased my charges. You will pay N200 if you want to collect N5,000.

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