NewsReports

In a last-ditch effort to resolve the lingering cash crisis that has thrown the entire country into turmoil, governors elected on the platform of the All Progressives Congress on Sunday met with the party leadership at the APC National Secretariat in Abuja. This was as the chief executive officers of banks also met to proffer solutions to the situation which …

A private security consultant , Mr. Matthew Ibadin has called on the Central Bank of Nigeria (CBN) to increase the minting of N100 notes and other lower denominations and pushed them in circulation as against the redesigned higher denominations. The Managing Director of Badison Security Limited, said that what the masses needed now are denominations such as N50, N20, N10, …

“We asked the Attorney General of the Federation and the CBN to respect the Supreme Court injunction which is still existing,” APC national chairman said. The ruling All Progressives Congress (APC) has asked the Attorney General of the Federation, Abubakar Malami, and the Central Bank Governor, Godwin Emefiele, to obey the interim order issued by the Supreme Court on the …

Open branches weekend, expect clearer directive today PoS operators ignore CBN warning on selling banknotes Experts in divergent view on implementation, impact The banking industry was in disarray over  implementation of the directives of the Central Bank of Nigeria, CBN, on collection of the old banknotes in the denominations of N500 and N1,000 during the weekend. The apex bank was …

Nigeria’s anti-graft Agency, the Economic and Financial Crimes Commission on Sunday denied the reports that its operatives raided the home of All Progressives Congress (APC) presidential candidate, Bola Ahmed Tinubu and recovered N400billion. The commission’s Head (Media & Publicity), Wilson Uwujaren said in a statement: “The attention of the Economic and Financial Crimes Commission, EFCC, has been drawn to a …

Edo State Governor, Mr. Godwin Obaseki, has said his government will partner with the Rubber Research Institute of Nigeria to boost research on the development of indigenous products. Obaseki said this when he received delegates from the institute led by the Chief Executive Officer (CEO), (RRIN) Dr. Lelia Nkechinyere Dongo, paid a courtesy visit to the governor at the Government …

Nobel laureate, Prof Wole Soyinka, has disowned a statement on social media linking him to the endorsement of the presidential candidate of the All Progressives Congress, Bola Tinubu. The social media post also purportedly indicated that the elder statesman described the Peoples Democratic Party’s presidential candidate, Atiku Abubakar, and ex-President Olusegun Obasanjo, in uncharitable words. The statement read, “Quote me …

By Our Correspondent Benin City, Nigeria – A retired teacher in one of Edo State government secondary schools in Benin City has been found dead in a rented apartment. Police said the woman decomposing corpse was evacuated last Wednesday after her sister reported at Textile Mill Road police station. The police identified the deceased retired female teacher as Enaruna Itohan …

United States Secretary of State, Mr. Anthony J. Blinken determined on Saturday that members of Russia’s forces and other Russian officials have committed crimes against humanity in Ukraine. Blinken said his determination was based on a careful analysis of the law and available facts. He noted that Members of Russia’s forces have committed execution-style killings of Ukrainian men, women, and …

Former Governor of Edo State, Comrade Adams Oshiomhole has said that the position of his successor, Governor Godwin Obaseki in calling for his arrest was part of the reasons people had reservations about state police which could easily be abused by some state governors. Governor Godwin Obaseki had accused Oshiomhole, who is also former National Chairman of the All Progressives …