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Nigerians Express Frustration Over High POS Withdrawal Charges

News Headlines Today


In today's edition of "Today in the News," Elliptical News reports that Nigerians are voicing their anger over the exorbitant fees charged by Point of Sale (PoS) operators for cash withdrawals. This issue has become prevalent as many find ATMs consistently empty, forcing them to turn to PoS operators who have cash available but at a high cost.


Nigerian Education Loan Fund to Benefit 1.2 Million Students


The Punch reports that the Nigerian Education Loan Fund (NELFUND) scheme is set to benefit 1.2 million students, providing much-needed financial support for their education.


Goodluck Jonathan Warns of Potential Niger Delta Destabilization


Former President Goodluck Jonathan has warned that the ongoing conflict between Rivers State Governor Siminalayi Fubara and his predecessor Nyesom Wike could destabilize the Niger Delta region, according to The Punch.


Gunmen Abduct 20 Residents in Abuja


Daily Trust reports that gunmen dressed in military uniforms have kidnapped 20 residents from the Dawaki community in Abuja. In other news, Kano State Governor Abba Yusuf has gifted N2.7 billion worth of vehicles to members of the state house of assembly.


ICC Seeks Arrest Warrants for Israeli Leaders


This Day reports that Karim Khan, chief prosecutor of the International Criminal Court (ICC), has applied for arrest warrants for Israeli Prime Minister Benjamin Netanyahu and Defense Minister Yoav Gallant. Additionally, the director-general of the Debt Management Office (DMO), Patience Oniha, disclosed that N4.5 trillion has been raised out of the N6 trillion needed to support the federal government in financing the 2024 budget deficit.


Federal Government Faces Dilemma Over School Feeding Program


The Guardian reports that the federal government is struggling to sustain the school feeding program amid rising inflation. Furthermore, the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have given the federal government until May 31 to reverse the electricity tariff hike and implement a new minimum wage.

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