The National Agency for Food Drug Administration and Control on Thursday declared a state of emergency on bleaching after establishing that Nigeria has been ranked first in cases of bleaching. The Director-General of NAFDAC, Prof. Mojisola Adeyeye, raised the alarm on the menace of bleaching creams in Nigeria, saying the problem has become a national […]
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We Allocate New Notes To Banks On Daily Basis — CBN
The Central Bank of Nigeria (CBN) says it allocates new naira notes to banks on a daily basis. CBN Director, Consumer Protection, Mrs Rashidat Monguno, said this in Offa, Kwara State, on Thursday, attributing scarcity of the redesigned notes to sabotage by some commercial banks. Monguno, who was on an exercise to monitor microfinance banks, […]
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New Naira: Confusion Deepens As CBN Deadline Ends Today
Nigerians, especially bank customers, were gripped with confusion and uncertainty over whether today’s deadline by the Central Bank of Nigeria for the phasing out of the old naira notes still remains or it has been suspended following the Supreme Court injunction obtained by some northern governors. The Supreme Court had on Wednesday ruled that the […]
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Elections: VCs, ASUU Disagree As Nigerian Government Shuts Universities
The Academic Staff Union of Universities has condemned the directive of the National Universities Commissions to the Committee of Vice-Chancellors of Nigerian Universities that universities should be shut to enable students to participate in the forthcoming general elections. The NUC gave the directive in a letter on Tuesday addressed to vice-chancellors of all universities and […]
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Appeal Court Dismisses Suit Seeking Peter Obi’s Disqualification
The Court of Appeal Abuja has dismissed a suit by the Allied Peoples Movement (APM) seeking to disqualify Peter Obi as the presidential candidate of the Labour Party (LP). Delivering Judgement, the President of the Court, Justice Monica Dongban-Mensan dismissed the appeal on the grounds that the appeal lacked merit and APM lacked the legal […]
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Turkey-Syria Earthquake Deaths Now Over 11,200
The death toll from a massive earthquake that struck Turkey and Syria rose above 11,200 on Wednesday as rescuers raced to save survivors trapped under debris in the winter cold. Officials and medics said 8,574 people had died in Turkey and 2,662 in Syria from Monday’s 7.8-magnitude tremor, bringing the total to 11,236, Alarabiya reports. As the scale […]
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Nigeria Air To Fly Soon — FG
The Federal Government said yesterday that Nigeria Air will soon start flying, having got the aircraft ready and painted in its colours. The Minister of Aviation, Senator Hadi Sirika, disclosed this while briefing State House correspondents at the end of the weekly Federal Executive Council, FEC, meeting presided over by President Muhammadu Buhari at the […]
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Fleeing Nigerian Senator Nabbed, Sent To Prison
The senator representing Delta North in the National Assembly, Peter Nwaboshi, who was convicted and sentenced to seven years’ imprisonment seven months ago by the Court of Appeal in Lagos for laundering, was on Wednesday remanded in the Ikoyi Custodial Centre to commence his prison term. The Economic and Financial Crimes Commission stated that Nwaoboshi […]
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New Naira: World Bank, IMF Warn CBN, Supreme Court Stops Friday Deadline
The Supreme Court on Wednesday restrained the Federal Government from implementing the Friday deadline for the currency swap. A seven-man panel of the apex court led by Justice John Okoro, in a unanimous ruling, granted an interim injunction restraining the Federal Government, the Central Bank of Nigeria and commercial banks from implementing the Friday terminal […]
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I Didn’t Offer To Buy Kidney, Ekweremadu Tells UK Court
Former deputy president of the Senate, Ike Ekweremadu, has denied offering money to a prospective kidney donor to save his sick daughter, Sonia. The lawmaker, his wife, Beatrice, and their 25-year-old daughter are on trial in London for allegedly trafficking a young man from Nigeria to serve as kidney donor. The Ekweremadus were alleged to […]
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Earthquake: Death Toll Surpasses 5,000, WHO Says It May Reach 20,000
The death toll from the devastating earthquake that hit Turkey and northern Syria has surpassed 5,000. On Monday, a 7.8 magnitude earthquake hit Turkey and the devastating effect was felt in Syria, which shares border with Turkey. On Tuesday, Turkish Vice President Fuat Oktay told reporters that 800 people had been pulled from under rubble […]
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Naira Scarcity Sparks Protests Across Nigeria
The naira crisis sparked violent protests in parts of the country yesterday as most bank branches hurriedly shut down operations. A First Bank branch was torched in Ogun State during the protest in which a man was shot. Abeokuta, the state capital, was thrown into chaos as angry youths blocked some roads, set bonfires and […]
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Peter Obi Presidency Will Tackle ‘Subsidy Scam’ In First 100 Days, Says Baba-Ahmed
Peter Obi’s presidency will tackle Nigeria’s fuel subsidy regime in the first 100 days if elected and redeploy the funds to key areas. This was the Labour Party (LP)’s vice presidential candidate Yusuf Baba-Ahmed’s promise when he was featured on Channels Television’s election show The 2023 Verdict. Despite being a major oil exporter, Nigeria imports the […]
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NNPC Apologises To Nigerians, Promises Fuel Scarcity Will Ease In One Week
The Nigerian National Petroleum Company (NNPC) Limited has apologised to Nigerians for the over three months of pains caused by the nationwide fuel scarcity. The Group CEO, NNPCL, Mele Kyari, who spoke during an interview on Channels Television’s special election programme The 2023 Verdict on Tuesday, assured the public that the “glitch” will be resolved […]
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Three APC Governors Sue Nigerian Government Over Naira Scarcity
Three governors of the ruling All Progressives Congress (APC) have sued the Federal Government over the naira redesign policy of the Central Bank of Nigeria (CBN). The issue of naira redesign has generated tension in the country owing to the scarcity of new notes. Governors Nasir El-Rufai (Kaduna), Yahaya Bello (Kogi) and Bello Matawalle (Zamfara) […]
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EFCC Arrests Abuja Bank Manager For ‘Hoarding N29m New Notes’
The Economic and Financial Crimes Commission (EFCC) has arrested a bank manager for allegedly hoarding new naira notes. There has been crisis across the country over the scarcity of the new notes as thousands of Nigerians spend hours across ATMs and banking halls, just to withdraw money. While announcing a new deadline for the circulation […]
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Collect Their Money But Vote For Me, Peter Obi Tells Nigerians
Presidential Candidate of the Labour Party (LP), Peter Obi, has appealed to Nigerians to vote for him in this month’s election. Obi made the plea when he and his running mate, Datti Baba-Ahmed, campaigned in Ilorin, Kwara State capital, on Monday. The LP candidates arrived the Metropolitan Square, venue of the rally, in the company […]
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World Mourns As Earthquake Kills Over 2,700 In Turkey, Syria
A huge earthquake killed more than 2,700 people across a swathe of Turkey and northwest Syria on Monday, with freezing winter weather adding to the plight of the many thousands left injured or homeless and hampering efforts to find survivors, Reuters reports. The magnitude 7.8 quake brought down whole apartment blocks in Turkish cities and […]
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February 10, 2023 




