THE LAGOS STATE WASTEWATER MANAGEMENT OFFICE (LSWMO), YESTERDAY, SEALED OFF SOME BUILDINGS/PROPERTIES ACROSS THE STATE OVER DIFFERENT ENVIRONMENTAL INFRACTIONS.(PHOTO). #PRESS RELEASE

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 The Lagos State Wastewater Management Office (LSWMO), yesterday, sealed off some buildings/properties across the state over different environmental infractions. They are; * A property on 34, Adeniji Adele, Lagos Island for deliberate discharge of raw sewage into the public drain causing offensive odour and sewage flowing in the community, constituting public nuisance, environmental pollution and endangering human life. * A block of Shops along Powerline Road, Meiran, Alimosho, for the illegal construction and operation of unsanitary toilet facility on a road setback without a permit, constituting public nuisance, environmental pollution and endangering human life. * A three-storey building at 38, Adeniji Adele Street, Lagos Island for deliberate discharge of raw sewage into the public drain. * A building at H29, House of Jesus Street, Langbasa, Ibeju-Lekki, Lagos, for the deliberate discharge of raw sewage into the public drains. Residents are urged to adopt proper wastewater mana...

CBN ORDERS ALL POS OPERATORS TO REGISTER WITH CAC BEFORE JULY 7.(PHOTO).


 CBN orders all PoS operators to register with CAC before July 7


The Central Bank of Nigeria (CBN) has ordered all Point-of-Sale operators in the country to register their businesses with the Corporate Affairs Commission (CAC) in two months.

This was revealed after a meeting between Fintechs and the Registrar-General/Chief Executive Officer, CAC, Hussaini Magaji (SAN) in Abuja on Monday, May 7.

The CAC boss said the two-month timeline for the registration, which will expire on July 7, was not targeted at any groups or individuals but was “in line with legal requirements and the directives of the Central Bank of Nigeria.”

The statement read: “The Corporate Affairs Commission and Fintech companies in Nigeria, better known as PoS operators, have agreed to a two-month timeline to register their agents, merchants, and individuals with the CAC in line with legal requirements and the directives of the Central Bank of Nigeria.

“The Corporate Affairs Commission and Fintech companies in Nigeria, better known as PoS operators, have agreed to a two-month timeline to register their agents, merchants, and individuals with the CAC in line with legal requirements and the directives of the Central Bank of Nigeria.

“The agreement was reached today during a meeting between Fintechs and the Registrar-General, CAC, Hussaini Ishaq Magaji, in Abuja.”

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