Latest Articles
INEC extends PVCs collection to Feb. 5
Abuja, Jan. 28, 2023 – The Independent National Electoral Commission (INEC) has extended the period for the collection of PVCs by additional one week to now end on February 5, 2023. INEC announced this on Saturday after a meeting of Resident Independent Electoral Commissioners in the states. “The ongoing collection of PVCs nationwide will, therefore, continue and end on 5th February 2023. “This is the second time the commission is extending PVCs collection and this will be the last extension for the exercise “Collection period has been further extended by …
CBN disappoints as ATMs failed to pay new notes
By Tajudeen Atitebi Lagos, Jan. 28, 2023 – Many customers who went to their banks in Lagos to withdraw new naira notes on Saturday said they were disappointed as the ATMs of all the banks did not work in spite of many promises of the central bank. Some customers, who said they came to banks as early as 7.00 am ,were still in their branches as at 10.00 am when a correspondent of Global Business news (GBN) visited. Some of the customers said they had made several attempts to get …
Nigeria lost $6.68bn to flood in 2022
Abuja, Jan. 28, 2023 – Sadiya Farouk, the Minister of Humanitarian Affairs, Disaster Management, and Social Development, said Nigeria lost about $6.68 billion to the 2022 flood in the 36 states of the federation. She said the worst affected states were Jigawa, Rivers, Taraba, Cross River, Delta and Bayelsa. The minister said this in during the presentation of the Global Rapid Post Disaster Damage Estimation (GRADE) report of the 2022 flood. She said that the objective of the GRADE Nite developed by the World Bank’s Disaster-Resilience Analytics and Solutions (D-RAS) …
CBN allocates N120m new notes to cash-swap in Katsina
Katsina, Jan. 28, 2028 – The Central Bank of Nigeria (CBN) has allocated N120 million new currency notes to four banks for disbursement to people in Katsina State through cash-swap agents. Ahmed Bello-Umar, the Director, currency operations of the CBN, said this while briefing journalists in Katsina on Saturday. According to him, the aim of engaging the agents with the relevant licenses is to reduce the challenges of accessing the new currencies in some communities, especially the rural areas. “We had engagement with agents; in Katsina we have agents working …
CBN appoints 200 cash-swap agents in Jigawa
Abuja, Jan. 28, 2023 – The Central Bank of Nigeria (CBN) says it has appointed 200 cash swap agents in Jigawa State. Amina Habib, the CBN Director Human Resource, said this at a news conference on in Dutse on Saturday. She said that the cash swap was started in the rural areas on Monday as part of plans to phase out old naira notes and enhance the collection of new banknotes. She said the daily cash swap limit was N10, 000 and transfer per head, adding that any amount above …
Cattle breeders condemn govt’s silence on ‘killing’ of 40 pastoralists
Lagos, Jan. 28, 2023 – The Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) has condemned the silence of the government on the ‘killing’ of over 40 pastoralists and butchers in Nasarawa State on Jan. 26. 2023. According to a statement issued by the association on Saturday, the affected persons were killed by an air strike in Rukubi Village in Doma Local Government Area of Nasarawa State. MACBAN describe the silence of government as reprehensible and total lack of regards to the loss of lives of ordinary Nigerians who …
2023 Election: Gbajabiamila warns planners of mayhem
Abuja, Jan. 28, 2023 – Femi Gbajabiamila, the Speaker of the House of Representatives, said those planning to disrupt the 2023 elections would do so at their own peril. The Speaker, who spoke when a delegation of the European Union Election Observation Mission to Nigeria visited him on Friday, warned such people to desist from the act. He said that the 2023 general election was a defining moment for the country. The Speaker urged the observer groups to interact with all the political parties and various interest groups to get …
Sanwo-Olu signs N1.768trn Lagos budget into law
Lagos, Jan. 28, 2023 – Gov. Babatunde Sanwo-Olu of Lagos State has signed the state’s N1.768 trillion 2023 Budget into law. He said the budget tagged, “Budget of Continuity”, was signed into law on Friday evening. Sanwo-Olu, in a statement on Friday, said the budget would focus on completing ongoing infrastructure projects. He described it as a consolidation of development strides in Nigeria’s commercial capital. The governor said that the funding for the second phase of the Blue Line rail project from Mile 2 to Okokomaiko had been approved in …
2023 Elections: Northern Elders Forum warns evil planners to desist
Lagos, Jan. 28, 2023 – The Northern Elders Forum (NEF) has warned those who plan to interfere with the conduct of credible elections and peaceful transition of power to another administration to desist. A statement by the Director of Publicity and Advocacy of NEF, Dr. Hakeem Baba-Ahmed, on Friday said there were rumours of the possibility that the elections might not hold and unconstitutional contraption might be forced on Nigerians after May this year. The forum said it had reviewed the difficult conditions under which Northerners and other Nigerians live …
Fire razes Enyo petrol station in Abuja
Abuja, Jan, 27, 2023 – Properties worth millions of naira were lost when the Enyo Petrol Station in Wuse Zone 1 in Abuja caught a fire at about 7.30 pm on Friday. An eye witness said that the fire started from a tanker parked in the filling station, but many residents initially thought it was a bomb explosion. Ibrahim Mohammed Tauheed, the Spokesman for the Federal Capital Territory (FCT), who was at the scene, said the situation was brought under control with the efforts of the fire fighters and the …