NewsReports

Time magazine named President Volodymyr Zelensky as well as “the spirit of Ukraine” as its 2022 person of the year on Wednesday, for the resistance the country has shown in the face of Russia’s invasion. Calling Zelensky’s decision to remain in Kyiv and rally his country amid the ongoing war “fateful,” Time editor-in-chief Edward Felsenthal said this year’s decision was …

*The CBN directs that only N200 and lower denominations should be loaded into banks’ ATM machines. *Customers should be encouraged to use alternative channels (internet banking, mobile banking apps, USSD, cards/POS. eNaira, etc.) to conduct their banking transactions. The Central Bank of Nigeria has put a limit on cash withdrawal made by individuals and organisations with effect from January 9, 2023. In …

Mobile money operators and the organised banks’ customers have expressed their opposition to the new Central Bank of Nigeria, CBN, regulations on withdrawals, saying the Bank wants to send them out of business. The apex bank had restricted cash withdrawals from over-the-counter, Automated Teller Machines (ATMs) to N100,000 and N500,000 per week for individuals and corporate organisations, respectively. CBN disclosed …

…calls on Police to invite APC leaders for questioning Special Adviser to the Edo State Governor on Media Projects, Crusoe Osagie has accused opposition All Progressives Congress (APC) of resorting to arson as a campaign tool ahead of the 2023 general elections. Osagie raised the alarm over the recent fire incidents in public places in the state, especially markets, in …

*VP meets entrepreneurs in agri-business, tech & innovation, commerce & industry *Visits Hanoi-based Academy of Agric Sciences, Software Company Nigeria’s Vice President, Yemi Osinbajo (SAN), spent the second day of his official visit to Vietnam asserting the view that for foreign investors and businesses looking at Africa, Nigeria is the straightforward choice in the continent. According to him, despite global …

Edo State Governor, Mr. Godwin Obaseki, has approved the extension of the tenure of the current Ambrose Alli University Special Intervention Team by nine months. In a statement, Secretary to the State Government, Osarodion Ogie Esq, said the approval of the extension of the tenure of the state-owned university Special Intervention Team is with immediate effect. He noted, “His Excellency, …

The President, Major General Muhammadu Buhari (retd.), has written the Senate, seeking the screening and re-confirmation of some former deputy governors of Central Bank of Nigeria. President Buhari’s request is contained in a letter read on the floor of the Senate during Tuesday’s plenary by Senate President Ahmad Lawan. Buhari sought the re-confirmation of Aisha Ahmad and Edward Adamu as …

•NNPC signs MoU with Ghana, Gambia, Guinea Bissau oil firms The Nigerian Navy, yesterday, denied a media report indicting the Nigerian National Petroleum Company Limited, NNPCL, of crude oil theft, noting that it has been working with NNPCL to curb the menace of crude oil theft. Meanwhile,  NNPCL, yesterday, signed five Memoranda of Understanding, MoU, with the national oil companies …

Obasanjo says only farming and agricultural related businesses can engage Nigeria’s rising population As the population of Nigeria continues to increase, former President, Olusegun Obasanjo has warned that the revenue from oil and gas exports alone can no longer feed the country. Mr Obasanjo spoke on Sunday when the leaders of the apex socio-cultural group in Tiv land of Benue …

The Bishop of Sokoto diocese, Bishop Matthew Hassan Kukah says the hatred and violence against one and across zones in Nigeria has no religious or ethnic inclination. Bishop Kukah made the declaration in a paper presented at the National Inter-Religious Conference on; Harnessing Nigeria’s Religious Diversity for Sustainable Peace and National Development, organized by the Kano state government. Bishop Kukah …