CBN weakens BDC operations, stops foreign exchange funding

Indicts operators for money laundering We receive 5,000 fresh BDC applications monthly, says Emefiele MPR, other monetary parameters retained Decision a rumour until we see CBN circular, operators insist Cordros Research: Discontinuation of Forex to BDC will affect exchange rate Nigeria to launch digital currency ‘e-naira’ in October The Central Bank of Nigeria (CBN), in […]

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‘Households in 17 states unable to pay for airtime’

North Central, North West, South West regions mostly affected Households in 17 states in Nigeria are experiencing more difficulty paying for airtime, while in other 16, Internet data was a trickier expense to meet, a recent survey has revealed. North Central, North West and South West states were the major areas where the populace are […]

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I’ll quit Methodist Church if it accepts same sex marriage – Nigerian Bishop

The United Methodist Church (UMC), one of the largest mainline Protestant denominations, is entangled in internal conflict over same-sex marriage and the ordination of Lesbians, Gay, Bisexual and Transgender (LGBT) clerics. At the February 2019 general conference of the church in the USA, the leaders rejected moves to remove restrictions on LGBT clerics and same-sex […]

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Kanu’s trial: Sowore arrested, released after protest in Abuja

Publisher of Sahara Reporters Omoyele Sowore and others arrested during a protest at the Federal High Court, Abuja have been released. The activists had staged a protest in solidarity with leader of the proscribed Indigenous People of Biafra (IPOB) Nnamdi Kanu, who is undergoing trial. A few hours after their arrest, the ‘Buhari-Must-Go’ activist announced […]

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PDP is Nigeria’s only hope now – Governors

PDP Governors Say they won’t be intimidated to join APC Chairman of the Peoples Democratic Party (PDP) Governors’ forum Waziri Tambuwal has alleged that Governors who joined the ruling All Progressive Congress (APC) from the party did so to avoid being prosecuted for their alleged corrupt deeds. He stated that the remaining PDP Governors will […]

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NCAA refutes reports of Air Peace aircraft accident

The Nigeria Civil Aviation Authority (NCAA) has categorically denied any reported air accident involving Air Peace or any other airlines, Sam Adurogboye, the General Manager, Public Relations, NCAA, said in a statement in Lagos, on Saturday. Mr Adurogboye said the attention of the authority had been drawn to a sensational report that was trending that […]

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Anambra Guber: PDP considers new platform to beat INEC deadline, calls Ubas’ bluff

Assailed by knotty legal challenges and possibility that it may not feature on the ballot in the forthcoming Anambra State gubernatorial poll, the Peoples Democratic Party (PDP) has initiated talks aimed at adopting an alternative political platform. It was gathered that the move is aimed at beating the July 30 deadline for withdrawal and replacement […]

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OPC cautions against clampdown on Igboho’s supporters, others

Group, APC chieftain say FG intolerant, making hero out of Igboho Olubadan sends delegation to Cotonou The Oodua People’s Congress (OPC), at the weekend, cautioned the Federal Government to desist from any attempt to clamp down on self-determination agitators, warning that such could only exacerbate national crises. A statement by the OPC Publicity Secretary, Yinka […]

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Ndigbo will not disown Kanu, says group

Counsel warns against molestation of IPOB leader’s supporters Says nothing significant will happen at hearing today As the trial of leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, continues today, an Igbo socio-cultural group, Ndigbo United Forum (NUF), said that Ndigbo would never for any reason disown or distance themselves from him. The […]

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