NewsReports

Ambassador James O’Brien, Head of the Office of Sanctions Coordination, on Tuesday led an interagency discussion with leading companies and associations across the gold sector on more sanctions against Russia.  The meeting focused on the importance of the gold industry’s robust implementation of Russia-focused sanctions and of applying broader due diligence standards, including to Russia-backed actors, such as the Wagner …

…Commences training of officers for decentralized upload of personnel data Nigeria’s Inspector-General of Police, IGP Usman Alkali Baba, launched the ‘IGP-SmartForce Database Management Centre’ today Wednesday February 1, 2023, for Personnel Records Digitalization and Biometric Capturing of all officers of the Nigeria Police Force. The move is to ensure that all officers have their details captured and stored for record …

… Hails FG, CBN over policy … says further extension of deadline counterproductive The Presidential Candidate of the People’s Democratic Party (PDP), Atiku Abubakar, has while praising the Central Bank of Nigeria CBN, for the ten days extension for the new currency swap, urged the bank not to consider requests for further extensions. Atiku also urged the Federal Government and …

The Minister had in a similar manner introduced “Passport Express Centres” in 2021 where between N20,000 and N30,000 was charged by the agents until it was abruptly cancelled by the President as a result of complaints by Nigerians Nigeria’s Minister of Interior, Rauf Aregbesola, has commenced a process to introduce private agents for the processes of applications for relevant immigration documents …

Old naira notes not legal tender after Feb 10, CBN clarifies  Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, on Tuesday, reassured anxious  public that no Nigerian will lose funds under the Naira redesign project, as the initiative was being implemented  with Nigeria and Nigerians’ in mind. Mr. Emefiele gave the assurance during a meeting with the ad-hoc committee …

Barely three weeks to the general election, the Independent National Electoral Commission INEC said it’s in Idemili South Local Government Area Anambra state was on Tuesday morning attacked and set ablaze by unknown gunmen. Among the items lost to the inferno are 729 ballot boxes, 243 voting cubicles, 256 election bags, 11 megaphones, one electric power generator and large quantities …

• Emefiele: CBN will still collect old notes after Feb 10 deadline• CBN uncovers mismanaged N4m new notes in Ogun, knocks commercial banks• Online transfers take days to complete, disputes increase• PoS merchants ration cash, increase charges to 10%• Banks reduce ATM withdrawal limits to N5,000• Falae carpets Emefiele, says policy likely to disrupt 2023 polls Tension over scarcity of …

A former governor of Kano State and presidential candidate of the New Nigeria Peoples Party (NNPP), Rabiu Musa Kwankwaso, has cautioned Nigerians not to vote based on ethnic, religious lines, but vote people with capacity and capability. Kwankwaso, who spoke yesterday in Ibadan, during a Presidential Parley organised by the South West Development Stakeholders Forum, said: “Nigerians should not play …

Kindly share this story: Officials of the Independent Corrupt Practices and Other Related Offences Commission stormed two banks in Bauchi State on Tuesday to monitor cash disbursement exercise, as the agency noted that the operation would spread across the country, The PUNCH reports. PUNCH correspondent gathered that the operation which was still ongoing was being carried out by a joint …

Kindly share this story: Nigeria’s President, Major General Muhammadu Buhari (retd.) is neither favoring nor disfavoring any presidential candidate ahead of the February 25 election, the Presidency said on Wednesday. The Federal Government said it was not “officially aware” of any entity in the Presidential Villa working against the victory of the All Progressives Congress’ flag bearer, Bola Tinubu. “If …