Diamond Celebrities

Few days after the Central Bank of Nigeria, CBN, released the redesigned naira notes in the denominations of N200, N500 and N1,000, fake copies of the new N1000 naira notes have been released into the economy. A mobile money and bank agent in a video disclosed this saying that a customer performed a bank transaction […]

The Economic and Financial Crimes Commission (EFCC) has said that it recovered over 30 billion naira out of the 109 billion naira alleged to have been fraudulently amassed by the suspended Accountant General of the federation, Ahmed Idris. Chairman of the EFCC, Abdulrasheed Bawa, disclosed on Thursday at the weekly ministerial briefing in the State […]

The Central Bank of Nigeria (CBN) has warned that those abusing the naira were liable to go to jail. The apex bank said the law banning the “spraying” and the stepping on the naira, especially at social gatherings, is still in force and that offenders are liable to six months’ imprisonment or a fine of N50,000. Principal […]

President Buhari on Monday in Washington DC, said his regime has done its best in the past seven and half years despite the country’s huge size, population and a plethora of challenges. “We are big in size and population, facing many challenges, but in many areas, we are trying. In seven-and-a-half years, I have done […]

President Muhammadu Buhari has said that the Nigerian government is committed to eliminating the use of petrol and diesel generators in the country by 2060. Speaking during the U.S.-Africa Leaders Summit in Washington DC, Buhari said that the decision has necessitated the deployment of renewable energy, particularly solar at an unprecedented scale. The President stressed […]

The Independent National Electoral Commission (INEC) has accused some politicians of buying Permanent Voter Cards (PVCs) and financially inducing voters to harvest their Voter Identification Numbers (VIN). The acting chairman of INEC and National Commissioner, overseeing the FCT, Nasarawa, Kaduna and Plateau states, Mallam Mohammed Haruna, said this in Abuja, during the launch of the […]

The Federal Fovernment through the Nigerian Civil Aviation Authority on Monday said that pre-arrival or post-arrival testing for COVID-19 is no longer a prerequisite for travellers irrespective of vaccination their status. This announcement was contained in a letter by the Nigerian Civil Aviation Authority, dated December 12, 2022, and addressed to airline operators. The letter […]

The National President, Association of Mobile Money and Bank Agents in Nigeria, Victor Olojo, speaks to JOSEPHINE OGUNDEJI to Punch on the impact of the recent Central Bank of Nigeria’s cash withdrawal policy imposed on point of sale terminal operators. Read excerpts below: How would you describe the new CBN policy which has reduced cash withdrawal limits […]

The rising cost of food, due to inflation, has continued to take its toll on Nigerians, forcing families to adjust to the current realities, findings by Daily Trust Saturday revealed. This is even as analysts have warned that the worst is yet to come given the recent flooding experienced in most parts of the country. […]

President Buhari has urged other higher institutions of learning in the country to emulate the manner Obafemi Awolowo University, Ile-Ife has been dealing with the challenge of sexual harassment between lecturers and female students. Buhari, who spoke in Ile-Ife on Saturday at the 46th convocation of the university, said the future of promising young girls […]

Nigeria’s total debt stock has risen to N44.06 trillion on the back of borrowings by Federal and State Governments. A statement by the Debt Management Office ON Thursday in Abuja explained: “as at September 30, 2022, Nigeria’s Total Public Debt Stock which comprises the Total Domestic and External Debt Stock of the Federal Government of Nigeria (FGN), […]