The Central Bank of Nigeria (CBN) has threatened to punish banks engaging in illegal sales of forex. The acting Governor of CBN, Folashodun Shonubi, who disclosed this during a lecture titled: “Diaspora Remittances and Nigerian Economic Development”, in Abuja, emphasised the importance of strict steps to restrict illegal remittances and channel them via appropriate means […]
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• Bureaucratic Sabotage May Affect Govt • SGF, CoS-P Yet To Show Understanding Of Federal Bureaucracy • HoS Mum On Selective Implementation Though the tenure policy of directors and its equivalent in the federal civil […]
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Three persons were feared dead during a clash that occurred between two rival cult groups in Osogbo, Osun State capital on Friday. It was gathered that the clash occurred during the grand finale of this year’s Osun Osogbo Festival. The incident it was learnt threw Osun traditional festival and tourists into panic as people were […]
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PRESS STATEMENT Governor Akeredolu Still in Germany, Not Yet Back Our attention has been drawn to a recent video circulating on social media, suggesting the return of Ondo State Governor, Arakunrin Oluwarotimi Akeredolu, SAN, CON, from his medical vacation. While we acknowledge the eagerness of the people of the state, as well as supporters and […]
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By Martins Oloja “When you were born, you cried while the world rejoiced. Live your life in such a way that when you die, the world cries while you rejoice.”― Ancient Sanskrit saying The word on marble above shows the organic source of the topic. It is from a classic by Robin Sharma, the original […]
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Say Niger Delta Youths May React Task Niger Delta Ministry, NDDC On Completion Niger Delta Ethnic Nationalities Youth Leaders Council ( NDENYC) has expressed dissatisfaction over the continuous delay in the construction and completion of the East-West road which the federal government kicked off about fourteen years ago. NDENYC President-General, Comrade Terry Obieh made this […]
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• Seek regulators’ intervention In a new twist, aggrieved shareholders of FBN Holdings Plc, yesterday, stormed the bank’s head office in protest against plans to cancel its forthcoming yearly general meeting (AGM). The shareholders, who protested at the Head office of FBNH at Marina Lagos, decry the move by some individuals seeking a court injunction […]
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Communities of Ogoni ethnic nationality in Rivers State have decried the disappearance of over nine children in the area. A source, yesterday, said the trend started three weeks ago, saying that within the period the whereabouts of over nine children were unknown. According to the source, five children went missing in Bera community, Gokana Local […]
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ECOWAS Chairman and Nigerian President Bola Ahmed Tinubuh The Economic Community of West African States (ECOWAS) Parliament, has cautioned against the use of military power towards tackling the military coup in Niger Republic, stressing the need for diplomatic options to address the situation. Members of ECOWAS Parliament made the call during a virtual extraordinary plenary […]
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• POS operators, others suffer huge losses • NCC, CBN, NDIC, DMBS to tackle menace • Verify bank balance, don’t depend on sms alerts, experts advise • Pragmatic strategy to nab perpetrators underway — Police The rising cases of fraudulent bank alerts are currently unsettling operators in Nigeria’s financial landscape as more citizens fall prey […]
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