Uba Sani, the senator representing Kaduna Central and Chairman, Senate Committee on Banking Insurance and other Financial Institutions, has spoken on the planned naira redesign. He said that the naira redesign will curb corruption and terrorism financing in the country. Sani said this in a statement obtained by The PUNCH in Kaduna on Thursday. The…
Nigeria’s apex bank, the Central Bank of Nigeria has handed out some new instructions. The CBN instructed commercial banks in the country to work on Saturdays till January 31, 2023, to enable customers return existing naira notes. The CBN had announced plans to redesign the N200, N500, and N1,000 banknotes, and release the new notes…
Operatives of the Rapid Response Squad (RRS) on Saturday morning, November 12, arrested an ex-convict hours after he was released from prison. The suspect, Yakub Yusuf, aged 23 was arrested around 8am on Saturday after regaining freedom following his one-month prison sentence for stealing at Lagos State fuel dump, Alausa, Ikeja. Learning that he was…
Governor Nyesom Wike of Rivers State has said that the presidential candidate of the Labour Party (LP), Peter Obi has all the “characteristics” to lead Nigeria. Wike made this known in Port Harcourt, the state capital, at the venue of the Nkpolu-Oroworokwo Flyover inauguration where Mr. Obi was the guest of honor. The governor who…
The figure was presented during the launch of Nigeria’s Multidimensional Poverty Index (MPI) Survey in Abuja on Thursday. It was conducted by the National Bureau of Statistics (NBS), the National Social Safety-Nets Coordinating Office (NASSCO), the United Nations Development Programme (UNDP), the United Nations Children’s Fund (UNICEF), and the Oxford Poverty and Human Development Initiative…
A young woman identified as Satmun Gyokos was among the residents killed by suspected Fulani militias who attacked the Maikatako Community, in Bokkos Local Government Area of Plateau State. According to friends and former coursemates, Satmum graduated from the Federal College of Education, Pankshin, two months ago. Spokesperson of the command, DSP Alfred Alabo, who confirmed…
Mrs. Nneamaka Nwachuku, a Microbiologist who works in one of the Research Institutes in Vom, Jos South local government area of Plateau State, has been accused of torturing an 11-year-old girl, identified as Margaret Joshua to death. Vanguard reports that the victim who is from Kebbi State and was fleeing from insecurity in her community…
A lawyer has dragged the candidate of the ruling All Progressive Congress, APC, Bola Tinubu to court for alleged certificate forgery. A constitutional lawyer, Mr. Mike Enahoro-Ebah is seeking his prosecution for allegedly lying on oath. He entered direct criminal complaints against him, before an Abuja Chief Magistrate Court sitting at Wuse Zone 6. The…
Godwin Emefiele, the Governor of the Central Bank of Nigeria, recently that the naira would be redesigned. He announced that the N200, N500 and N1000 notes would be redesigned. Below are what you need to know about the Naira redesign: 1. The new redesigned N200, N500 and N1000 notes will be out on December 15,…
A family-of-six was wiped out after they ate dinner together. The father, mother, and their four children died after sharing a meal on October, 8, 2022. The family — father Augustine Tochukwu Nwokedi, 41, mother Josephine Nkeiru Nwokedi, 39, children Emmanuel Chinaemelum Nwokedi, 12, Godwin Chigozie Nwokedi, 9, Blessing Chinazaekpere Nwokedi, 6, and Jospeh Chinedum…