Godwin Emiefele, the governor of the Central Bank of Nigeria (CBN), says CBN will not allow itself to be used to fru$trate the forthcoming general elections. Emefiele spoke on Tuesday, February 7, during a meeting with Mahmood Yakubu, chairperson of the Independent National Electoral Commission (INEC), at the CBN headquarters in Abuja. Speaking at the…
An operations manager of a leading commercial bank in the Abuja central area was on Monday arrested by operatives of the Economic and Financial Commission, for refusing to load the Automated Teller Machines of the bank despite having N29m of the redesigned naira notes in the branch’s vaults, News Providers reports. Before he was whisked away…
A Federal Capital Territory (FCT) high court has restrained the Central Bank of Nigeria (CBN) from extending the deadline on the use of old naira notes. The apex bank on January 29 extended the deadline for the withdrawal of the old naira notes from circulation to February 10. Delivering a ruling on Monday, February 6,…
The Director-General of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, Sola Obadimu, says the Central Bank of Nigeria should have introduced a N5,000 note rather than redesigning the old notes. Obadimu said this in an interview with the News Agency of Nigeria in Abuja on Monday. He said while the new policy…
The Association of Resident Doctors, Niger Delta University Teaching Hospital branch said the Bayelsa State Government has refused to do anything about the Memorandum of Understanding it signed with the Nigerian Medical Association on August 14, 2020, to domesticate and implement the Medical Residency Training Act, which led to the suspension of its strike in…
A bank customer who slumped and died at a bank in Delta State has been identified. News providers had reported that a bank customer slumped and died after standing in a queue for long hours at a bank in the Agbor area of Delta State. The deceased was said to have waited for hours to collect his…
A high Court sitting in Asaba, Delta State has sentenced a 28-year-old father, Amechi Ogo, to life imprisonment for raping his four-year-old daughter. The defendant was arraigned on a charge of rape for having unlawful carnal knowledge of his child at Asaba on May 31, 2018, contrary to Section 218 of the Criminal Code Law…
The Lagos police have declared one Tajudeen Bakre wanted for being in possession of some fire arms. Bakre was said to have narrowly escaped arrest when operatives of the Egbeyemi-led Rapid Response Squad stormed his abode in Surulere area of Lagos, yesterday. The Police invasion followed a video, which went viral on social media, where…
