The Central Bank of Nigeria has warned Deposit Money Banks to stop rejecting old and small denominations of the United States dollar bills. CBN threatened that there would be sanctions for rejections. It also urged Bureau De Change operators and the public to desist from defacing the notes. The CBN issued this warning in a
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The House of Representatives has called on all stakeholders to submit memoranda for consideration on the ongoing process of restructuring government agencies. Ibrahim Isiaka (APC-Ogun) Chairman, Special Committee on Restructuring of Federal Agencies and Commissions made the call on Tuesday at a news conference in Abuja. Isiaka also invited all interested individuals and organisations to
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An Ekiti State High Court, Ado Ekiti Division on Tuesday acquitted and discharged four persons allegedly charged with conspiracy, murder and armed robbery. The defendants, Abdulahi Oladepo (30), Momolosho Olanrewaju (27), Jimoh Azeez (29) and Ibrahim Adebisi (29) were arraigned before Justice Jubril Aladejana on March 24, 2023, on a three-count charge bordering on conspiracy,
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The Governor of Lagos State, Babajide Sanwo-Olu, has unveiled 60 units of luxurious apartments at Rising Lagos Apartments and inaugurated the 144-unit mixed development project, Greater Lagos LBIC/WGC Apartments, in Amuwo Odofin area of the state. The governor made this known on X.com on Tuesday. According to the statement by the governor, the Rising Lagos
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The Nigerian National Petroleum Company Limited says it has declared a state of emergency on oil production. It said this was a move towards increasing Nigeria’s crude oil production and growing its reserves. Group Chief Executive Officer of NNPCL, Mele Kyari, disclosed this in a keynote address at the opening of the 23rd edition of
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The National Agency for the Prohibition of Trafficking in Persons, on Tuesday, confirmed the rescue of five Benue girls trafficked to Cote D’Ivore for prostitution. The NAPTIP Commander, Makurdi Zonal Command, Mrs Gloria Bai, said the girls are still in the Nigeria Embassy in Cote D’Ivore. Recall that a trending video on social media showed
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Former BBNaija housemate, Terseer Kiddwaya, popularly known as Kiddwaya has narrated how he was robbed in his villa in Ibiza, Spain, losing 70,000 euros and a Birkin bag. In an Instagram video on Tuesday, Kiddwaya recounted how the incident occurred around 3 am when the thieves gained access to his room. He revealed
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Governor Mohammed Bago of Niger State has disclosed that the state government will commit N5 billion to the construction of the permanent orientation camp of the National Youth Service Corps in the state. He also announced a gift of N200,000 to all the corps members under Batch B Stream I posted to the state as
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The Chairman and Chief Executive of the Dangote Group, Aliko Dangote, has said the latest increase in interest rate to almost 30 per cent by the Central Bank of Nigeria will hurt local manufacturing businesses. Dangote stated this during the opening session of a three-day National Manufacturing Policy Summit Organised by the Manufacturers Association of
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The Oyo State Government, on Tuesday, said the state currently has no cholera cases. It added that the suspected cases have returned negative, after due tests. The state Commissioner for Environment, Abdulmoheed Mogbonjubola made this known in a statement authorised by the Commissioner for Information and Orientation, Dotun Oyelade in Ibadan, the state capital on
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Ahead of the upcoming United Kingdom general election, Nigerian political figure Peter Obi has urged voters to “Vote Labour on Thursday 4 July.” This intervention comes as the UK prepares for what pollsters predict will be a landslide victory for the Labour Party in the UK. Obi’s statement on Tuesday via X, though brief, is
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The House of Representatives on Tuesday, during plenary, urged the Federal Government to revoke the contract for the construction of the East-West road connecting major communities in Bayelsa State, given its significance to the economy of the nation. A motion titled “Need to revoke the contract for the construction of flooded sections of the East-West
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The European Union Ambassador to Nigeria and the Economic Community of West African States, Samuela Isopi, has said the EU remains Nigeria’s biggest foreign investor with a stock estimated at €26bn. Isopi said the stock represented one-third of Nigeria’s Foreign Direct Investment stock. He added that the EU is Nigeria’s largest trading partner with a
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The Director General of the Nigeria Centre for Disease Control and Prevention, Jide Idris has said a total of 2,102 suspected cholera cases and 63 deaths have been recorded across 33 states and 122 local government areas since the beginning of the year as of June 30, 2024. Idris said this on Tuesday at a
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A Nigerian youth, Anjola Femi, who returned a sum of $14, 000 (over 21 million) mistakenly credited to his account by a foreign crypto trader has been gifted with financial rewards from the crypto community. As of the time of filing this report, Anjola has been rewarded with over N7.5 million by netizens who were
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The House of Representatives on Tuesday, mandated its Committee on National Security and Intelligence to investigate the twin suicide bombing in Gwoza, a community in Borno State. PUNCH Online reported that the bombings which took place on Saturday, June 29, 2024, claimed about 38 lives, leaving dozens of others injured. The House, while pledging its
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Chelsea Football Club has completed the signing of midfielder Kiernan Dewsbury-Hall from Leicester City for £30 million. The 25-year-old becomes the fourth summer acquisition for the Blues, following the arrivals of Tosin Adarabioyo, Omari Kellyman, and Marc Guiu. Dewsbury-Hall played a crucial role in Leicester’s Championship-winning season, contributing 12 goals and 14 assists under former
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The Alake of Egba Land, Oba Adedotun Gbadebo, has called on President Bola Tinubu to declare July 13 a national day dedicated to celebrating the contributions of Noble Laureate, Prof Wole Soyinka, to humanity both nationally and globally. Gbadebo also said that the Federal Government should honour Soyinka with the second highest national honour of
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The Oyo State Government has called on residents of the state to be more vigilant, imbibe good sanitation and take preventive measures to combat the spread of cholera. The state government made the call in a statement issued on Tuesday in Ibadan by the Commissioner for Environment, Mr Abdulmoheed Mogbonjubola. Mogbonjubola said the World Health
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In a bid to address the severe food crisis and insecurity plaguing Katsina State, the Emir of Katsina, Abdulmumini Usman, led a large gathering of residents in a rain-seeking prayer session on Tuesday. The event, held at the Eid Prayer Ground Mosque, was led by the Chief Imam of the Katsina Central Mosque, Imam Gambo
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The National Space Research and Development Agency has launched Crop Watch, a satellite-based agricultural monitoring system, in collaboration with the United Nations Conference on Trade and Development and the Aerospace Information Research Center of the Chinese Academy of Sciences. The launch event, held in Abuja on Tuesday, brought together international partners and stakeholders to address
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A Delhi, India-bound passenger, Freeman Ogbonna, has been sentenced to 25 years imprisonment by a Federal High Court for drug trafficking. This came three months after vomiting and excreting eighty wraps of cocaine following his arrest by operatives of the National Drug Law Enforcement Agency, NDLEA, at the screening point of terminal 2 of the
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The Nigeria Police Force has ordered an investigation of five police officers attached to the Zone 6 Police Headquarters in Cross River State over alleged abduction and extortion of N3 million from their victim. It was learnt that the officers, now in custody, allegedly carried out the act while on patrol along the Ikom-Calabar highway.
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US President Joe Biden on Tuesday called on pharmaceutical giants Novo Nordisk and Eli Lilly to lower prices for diabetes and weight loss drugs such as Ozempic, saying firms must stop “ripping off the American people.” In an article written with Senator Bernie Sanders, Biden said US patients pay several times more than in Canada,
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The House of Representatives on Tuesday called on the Federal Government to investigate what it called the exploitative and predatory pricing practices against Nigerian businesses by their foreign counterparts operating in Nigeria. The motion moved by the member representing Ikorodu Federal Constituency, Lagos State, Babajimi Benson, noted that International Business Ethics and Standards like the
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