The Economic and Financial Crimes Commission, EFCC, on Monday, arrested a senior bank official in Abuja. The staff is the Operations Manager of “a leading commercial bank” in the Central Area, according to EFCC spokesman, Wilson Uwujaren. The manager refused to load the Automated Teller Machines, ATMs, despite having N29million of the redesigned naira notes […]
A Federal Capital Territory, FCT, High Court has restrained the Central Bank of Nigeria, CBN, from extending the deadline for the use of the old naira notes. The court also ordered the CBN to fully implement the redesigned naira. Eleojo Enenche, presiding judge, gave the order while delivering ruling in a suit marked FCT/HC/CV/2234/2023, on […]
Senator Smart Adeyemi has lashed at the Central Bank of Nigeria, CBN, Governor, Godwin Emefiele, saying the Naira redesign was meant to inflict hardship on innocent citizens. The lawmaker, who represents Kogi West Senatorial District, described the cashless policy as heartless, in view of hardship being encountered without an end in sight. Speaking at a […]
Barely few hours after Kano State Governor, Umar Ganduje advised President Muhammadu Buhari against visiting his state, he has now rescinded his early decision, saying the president was now free to go ahead with his scheduled Monday visit to the state. He changed his mind after he led a delegation from the state to […]
The Nigeria central bank as extended the deadline for swapping the old naira currency notes,by 10 days it was said in a statement on Sunday. Nigerians now have until the Feb 10th to turn in N1,000 ($2.17),N 500 and N200 naira notes. The central bank (CBN) rolled out the newly designed notes last month but […]
In 2015, the All Progressives Congress, APC, campaigned vigorously with the state of the nation under the Peoples Democratic Party, PDP, administration. DAILY POST reports that the change mantra worked like magic, as Nigerians lined up in support of the party and voted President Muhammadu Buhari into power. However, few weeks to the 2023 general […]
Drama ensued on Monday at the Federal High Court in Abuja in the N100 billion suit by Senator Ifeanyi Ararume against President Muhammadu Buhari when two Senior Advocates of Nigeria, Professor, Kayinsola Ajayi and Etigwa Uwa staged a walkout on the court. Ajayi, a Professor of law and Uwa had appeared before Justice Inyang Ekwo […]
Justice Emeka Nwite of the Abuja Division of the Federal High Court, on Tuesday, dismissed a suit challenging the nomination of Muhammed Kumaila as the candidate of the Peoples Democratic Party, PDP, in the forthcoming Borno Central Senatorial District election. Justice Nwite dismissed the suit brought by Mr Jubrin Tatabe for being incompetent and lacking […]
A United Kingdom-based financial watchdog, Financial Conduct Authority (FCA), has fined the British subsidiary of Nigeria’s Guaranty Trust Bank £7.6 million ($9.3 million) over weak… A United Kingdom-based financial watchdog, Financial Conduct Authority (FCA), has fined the British subsidiary of Nigeria’s Guaranty Trust Bank £7.6 million ($9.3 million) over weak money laundering control system. The […]
The total debt figure of Nigeria will jump to 77 trillion if the National Assembly reconsiders President Muhammadu Buhari’s request for N22.7 trillion ‘Ways and Means’ loan. The Debt Management Office Director Patience Oniha disclosed this on Wednesday during the public presentation of the 2023 budget by the Ministry of Finance, Budget and Planning. She […]
The All Progressive Congress (APC) Presidential Campaign Council has dismissed the chances of the Labour Party Presidential Candidate, Peter Obi in 2023. The council reacted on Wednesday over former President Olusegun Obasanjo and Chief Edwin Clark’s endorsements of Obi as their preferred presidential candidate. Speaking with journalists in Calabar, capital of Cross River State, the […]
Sokoto State Executive Council presided over by the state Deputy Governor, Manir Muhammad Iya, on Friday approved the sum of over N3.4bn as variation claim for the completion of the 38km Dogon Daji-Sabawa- Garba Magaji road in Tambuwal Local Government Area. The state Commissioner for Information and Orientation, Akibu Dalhatu, stated this shortly after the […]
Premium online and gaming brand in Nigeria, Betway has donated relief materials worth millions of naira to victims of the 2022 devastating floods in Bayelsa State to help reduce their suffering. The relief items are bags of rice, beans, gallons of groundnut oil, cartons of noodles, spaghetti, tomato pastes, antiseptics, tooth paste, bathing soaps, sanitary […]
President Muhammadu Buhari has assured investors of massive investment opportunities in Nigeria. Buhari spoke at a dialogue session with some US investors, Nigerian officials, diplomats and as well as experts from the private sector in Washington DC, United States of America, on Friday. The session, titled ‘The Presidential Dialogue: Nigeria Business and Investment Forum’, was […]
The presidential candidate of the Peoples Democratic Party (PDP), former Vice President, Atiku Abubakar Campaign organization has told the All Progressives Congress (APC) and its presidential candidate, former Lagos State Governor, Bola Tinubu to apologize to Nigerians instead of campaigning. Atiku’s Campaign organization lambasted Tinubu and the ruling APC for comparing the years of […]
The presidential candidate of the Peoples Democratic Party, PDP, Atiku Abubakar has felicitated with President Muhammadu Buhari on his 80th birthday. Atiku prayed that God would continue to grant Buhari good health. In a statement he personally signed on Friday, Atiku said Buhari will enjoy vitality as he plays his leadership role. He said: “President […]
A chieftain of the All Progressives Congress, APC, Femi Fani-Kayode has said the Peoples Democratic Party, PDP, presidential candidate, Atiku Abubakar is not the stepping stone to Igbo presidency. Fani-Kayode said Atiku who has been vying for the presidency in the past 30 years but failed, can’t be the stepping stone to Igbo presidency. Atiku […]
Youths chase away Elumelu over performance, order him to take oath [PICS] https://t.co/Dw80FIw9iJ via @politicsngr — Nigeria Newsdesk (@NigeriaNewsdesk) December 7, 2022 The youths of Oko Community in Delta State allegedly chased away Ndudi Godwin Elumelu, the lawmaker representing Aniocha and Oshimili federal constituency in the House of Representatives, over poor performance in Delta state […]
The water that comes out of the ground along with oil and gas during oil and gas exploration and production operations is anything but clean. Oil Well Structure. This wastewater, known as “produced water”, is often heavily contaminated with salt, oil and grease, as well as potentially dangerous compounds. Some are linked to lung, skin […]
An infighting between the late Abubakar Shekau’s faction of Boko Haram and Islamic State of West African Province (ISWAP), has reportedly left scores of terrorists killed in the last three days. Zagazola Makama, a Counter Insurgency Expert and Security Analyst in the Lake Chad, gathered that the notorious leader of Boko Haram, Ali Ngulde, on […]