Limits payment to N20,000 per day Assures queues at ATMs will disappear soon Central Bank of Nigeria (CBN) has directed deposit money banks (DMBs) to commence the payment of the redesigned Naira notes over the counter, subject to a maximum daily payout limit of N20,000. It gave the directive in a statement by its Director […]
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By Abdu Rafiu Many things are taking place in the land at the same time. Much as one will not wish to be sucked into the murky waters of our politics in the land, one can’t but follow developments with keen interest. No one who is seeking some measure of propriety can’t but be seriously […]
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Bola Bolawole is one of the proponents in the call for Yoruba nation. In this interview with Kehinde Olatunji, he spoke on issues bordering on separatist agitation and the hullabaloo among Yoruba nation leaders. Buhari’s nepotistic attitude fueled calls for separatist agitations What prompted the protests at Ojota recently, where someone was reportedly killed at […]
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Unless the Monetary Policy Committee (MPC) makes a U-turn on its aggressive monetary tightening, the Federal Government may pay as much as N4.65 trillion servicing its debt held by the Central Bank of Nigeria (CBN) this year. As at the end of last year when President Muhammadu Buhari sought the Senate’s approval to securitise the […]
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• ATMs empty, banks limit old notes withdrawal to N10,000 • Phobia for old notes cripple businesses in markets • DSS intercepts syndicates selling new notes, bank officials implicated • Doguwa: I suspect Emefiele misled Buhari Despite extension of deadline for the circulation of old N1,000, N500 and N200 notes to February 10, bank customers […]
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The Governor of the Central Bank of Nigeria (CBN) Mr Godwin Emefiele has allayed the fears that the old naira notes would no longer be tenable after the expiration of the February 10 deadline for the naira swap policy. Speaking when he appeared before the Mr Ado Doguwa-led House of Representatives adhoc committee on the […]
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By Banji Ayoola The ruling All Progressives Congress, APC, has debunked the allegation by an opposition Peoples Democratic Party’s senator representing the state, Senator Ayo Akinyelure, that some aides of Governor Oluwarotimi Akeredolu were planning to sell off the multi-billion naira Idanre Chocolate Factory among other state assets. Akinyelure who is representing Ondo Central Senatorial […]
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The President of the Nigerian Bar Association, Mr Yakubu Maikyau, on Monday in Abuja, apologised to Nigerians for what he described as the failure of lawyers to live up to their responsibilities of offering guidance for the advancement of the country. Speaking at a National Dialogue on the State of the Nation organised by the […]
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A former Director of Voter Education and Publicity of the Independent National Electoral Commission, Oluwole Osaze-Uzzi, has thrown more light on the election petitions tribunal judgment that sacked Ademola Adeleke of the Peoples Democratic Party as the winner of the 2022 governorship election in the state. The Osun State Election Petitions Tribunal had on Friday […]
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Canadian cardinal Marc Ouellet, who has been accused of sexually assaulting a woman, has stepped down from a top Holy See position due to his age, the Vatican said on Monday. Ouellet, 78, who has strongly denied the claims against him, is retiring as head of the Vatican’s Dicastery, or department for bishops, it said. […]
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