Banks run out of old, new naira notes to pay customers

CBN fails to honour cash request Branches shut Many banks ran out of old and new naira notes yesterday, dashing Nigerians’ hopes that the cash scarcity will ease soon. When the Central Bank of Nigeria (CBN) announced on Monday that the old N1000, N500 and N200 banknotes would remain legal tender alongside the redesigned banknotes […]

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NCC claims 5G will drive high consumption, tasks telcos on clean energy

• Sees energy efficiency measures reducing MNOs’ opex by 20% • Nigeria home to 54,000 telecoms masts as commission reiterates colocation The Nigerian Communications Commission (NCC) has said that the advent of Fifth-Generation (5G) network and its expansion in the country would drive increased energy consumption in the country. Specifically, NCC said wireless service coverage […]

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We didn’t remove Igbo, South-south names from election duties – INEC

INEC chairman Prof Mahmood Yakubu The Independent National Electoral Commission (INEC) said it did not remove the names of Igbo and South South people from the list of ad hoc staff for Saturday’s Governorship and House of Assembly elections in Lagos State. The News Agency of Nigeria (NAN) reports that rumours making the rounds on […]

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Ekweremadu: I don’t know why we’re in this mess, wife tells court

After enduring the emotionally charged cross-examination of Beatrice, his wife on Tuesday, former Deputy Senate President, Ike Ekweremadu, provided a shoulder for her to lean on. Both husband and wife had their chance soon after the Judge adjourned proceedings for the day and had made his way back to his chamber. Ekweremadu, who with his […]

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NNPCL seeks $32.61 billion to overhaul refineries, pipeline infrastructure

Group Managing Director, Nigeria National Petroleum Corporation, NNPC, Mele Kyari (right); Group Executive Director, Downstream, NNPC, Adeyemi Adetunji and Group General Manager, Public Affairs, Garbadeen Mohammed during their summon to explain alleged distribution of adulterated fuel in the Country before the House of Representatives Committee on Petroleum (Down Stream), at the National Assembly Complex in […]

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Electoral violators will be dealt with ruthlessly, DIG warns

Deputy Inspector General of Police, DIG Hafiz Mohammad Inuwa said security operatives would not hesitate to deal ruthlessly with any political element bent to disrupt Kano State gubernatorial election. The police warning came when the Independent National Electoral Commission (INEC) in Kano began the distribution of sensitive and non-sensitive materials to the 44 local government […]

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Ex-Imo commissioner jailed 3 years for diversion of ₦180million

Former Imo State commissioner of transport, Laseberry Okafor Anyanwu, has been sentenced to three years imprisonment on a four-count charge of abuse of office and fraudulent diversion of ₦180 million. Anyanwu was a commissioner during the tenure of Rochas Okorocha as governor. A spokesman for the Economic and Financial Crimes Commission (EFCC) spokesperson, Wilson Uwujaren, […]

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Cross River REC succumbs to pressure, agrees to sign result sheets for governorship election

Independent National Electoral Commission (INEC) in Cross River State has agreed to sign result sheets for Saturday’s governorship and House of Assembly elections. The Resident Electoral Commissioner (REC) for Cross River State, Prof. Gabriel Yomere, disclosed this to stakeholders and newsmen, yesterday, at Central Bank of Nigeria (CBN), Calabar during inspection and distribution of sensitive […]

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Lawyer sues INEC over alleged failure to upload election results on IReV portal

INEC chairman, Prof Mahmood Yakubu A lawyer, Bob James, has dragged the Independent National Electoral Commission (INEC) to court over its alleged refusal to electronically transmit presidential and National Assembly election results from polling units onto its IReV portal. In the suit filed at the Federal High Court, Abuja, on Wednesday, 15 March, the plaintiff […]

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