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Reps Summon CBN and Banks Over Unverified POS Operators

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The House of Representatives summons the CBN and banks over concerns about unverified POS operators across Nigeria.

The Nigerian House of Representatives has decided to summon Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), along with the Chief Executive Officers of commercial banks, to discuss the inadequate documentation of Point of Sale (POS) users nationwide.

This resolution emerged from a motion introduced by John Okafor, the representative for Ehime/Mbano/Uboma/Obowo Federal Constituency in Imo State, during a plenary session on Wednesday.

Okafor pointed out the escalating issues linked to the undocumented identities of POS users, which create significant obstacles for security and financial regulations.

He urged his fellow lawmakers to endorse the motion, stressing the necessity for a unified approach to address the issue.

He noted that there have been instances of fraudulent activities associated with POS users, asserting the urgent need to combat such illegal practices to protect the integrity of financial transactions in Nigeria.

He remarked that the House recognizes that undocumented POS transactions present a vulnerability to fraud, including identity theft and money laundering.

By mandating the documentation of users’ identities, the prevalence of fraud could be substantially diminished, thereby enhancing the security of financial transactions in the country.

Furthermore, he emphasized that proper documentation would promote accountability among operators and users, facilitating the tracing of transactions back to individuals and holding them responsible for any illicit activities.

In a critical remark directed at the apex bank, the All Progressives Congress lawmaker highlighted what he termed regulatory bias and enforcement challenges faced by relevant authorities.

He called for immediate action to prevent this troubling situation and to protect Nigerians from criminal exploitation through the POS system.

Politics

Breaking: Diri Orders Autopsy on Bayelsa Deputy Governor’s Death, Warns Against Politicisation

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Bayelsa State Governor, Senator Douye Diri, has ordered an autopsy to determine the cause of death of the state’s Deputy Governor, Lawrence Ewhrudjakpo.

Governor Diri gave the directive on Saturday while receiving former President Goodluck Jonathan at the Government House in Yenagoa.

Ewhrudjakpo reportedly collapsed in his office on Thursday and was rushed to the Federal Medical Centre (FMC), Yenagoa, where he was pronounced dead on arrival.

Reacting to the incident, the governor condemned what he described as widespread misinformation and speculation on social media, warning against any attempt to politicise the deputy governor’s death.

“I want to make an appeal. I have seen people politicise his death. In Ijaw land, there is no enmity in death. Let nobody politicise the passing of our dearly beloved deputy governor,” Diri said.

“If anyone truly loves him, this is the time to show it. I have directed that an autopsy be carried out to reveal the cause of his death. There is a lot of nonsense going on on social media.”

The governor further urged the public to focus on mourning and honouring the late deputy governor, noting that the state government had declared three working days of mourning in his honour.

“If anyone is issuing statements to eulogise him, let it end there. Let us mourn him because Bayelsa State is in a mourning mood,” he added.

Governor Diri also called for unity and love among the people, reminding them of the inevitability of death.

Speaking during the condolence visit, former President Goodluck Jonathan described the late Ewhrudjakpo as a committed and dedicated individual who played a key role in the activities of his foundation.

“For me, he was someone my foundation and I will never forget. He represented the governor in all our programs,” Jonathan said, adding that Ewhrudjakpo worked tirelessly in that role, even more than when he served as deputy governor.

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N1.4 Trillion not enough to get me into politics – Bishop Oyedepo reveals

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The founder of Living Faith Church, Bishop David Oyedepo, has said he will never take part in partisan politics, not for even billions of naira.

He stated that no amount of money, including “$1 billion,” (1.4 Trillion naira) would make him join politics.

Oyedepo made this known during an impartation service at Shiloh 2025 held at the church’s headquarters in Canaanland, Ota, Ogun State.

 

He explained that partisan politics is not part of his life’s calling and that is why he has chosen to stay away from it.

In his words: “In 2015, I warned the church that trouble was coming. Didn’t trouble come?

“Partisan politics is off my calling. If you give me $1 billion to join politics, I won’t, because it is off my course.”

The bishop also said the world is in urgent need of God’s intervention because of the times we are living in.

He added, “The world is groaning in darkness, but as written in Romans 8:19, the whole world is waiting for the earnest manifestation of the sons of God.”

According to him, believers are being trained as an end-time army to bring solutions to national and global problems, similar to what biblical figures like Joseph and Daniel did.

 

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EVENTS

Wike at 58: “You’re a Shinning Star in my Cabinet, Tinubu hails Wike.

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President Bola Tinubu congratulates Chief Nyesom Wike, Minister of the Federal Capital Territory (FCT), on his birthday, December 13.

President Tinubu celebrates with the Minister and former governor of Rivers State, giving thanks to God Almighty for enriching him with a life defined by purpose, service, and courage.

The President describes Chief Wike as an audacious top performer who defies obstacles and delivers results.

President Tinubu acknowledges the ongoing transformation of the Federal Capital Territory through infrastructure expansion, highlighting the Minister’s recent intervention that broke the 14-year logjam in the construction of the Apo-Karshi road.

The President commends Chief Wike for his resilience, can-do attitude, and commitment to excellence in all assignments.

President Tinubu thanks the Minister for his consistent efforts in delivering results and wishes him a happy birthday and strength to further his good work in the FCT.

“Nyesom Wike has been one of the shining stars in the cabinet, an exceptional performer, developing infrastructure in the Federal capital as never seen before and proving that his moniker as ‘Mr Project’ is not limited to his home state of Rivers.

“I commend him for being one of the champions of our Renewed Hope Agenda, even though he belongs to another party and wish him well as he marks another year in his life journey”.

Bayo Onanuga
Special Adviser to the President
(Information and Strategy)
December 13, 2025

 

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