The government of Kogi State is allegedly hatching plans to frame up and arrest opposition party figures across 14 local governments in Kogi East, West and Central senatorial zones ahead of the presidential and national assembly elections on Saturday. Sources privy to the plan said the state authorities, working in …
Read More »Osita Nwasinobi: The Man Behind CBN Misinformation on old naira notes
The man behind the misinformation by the Central Bank of Nigeria regarding the old naira notes has been unmasked as Osita Nwasinobi. It was reported that many people flocked to the CBN’s various branches across the country after President Muhammadu Buhari ordered that they bring their old N500 and N1000 …
Read More »Contempt: Court Vacates Order Sentencing MD, Company Secretary of Fidelity Bank To Six Weeks In Prison
Lagos, Nigeria, February 18, 2023: A Chief Magistrate Court sitting in Ikeja , Lagos has vacated its ruling that convicted and sentenced the Managing Director and Company Secretary of Fidelity Bank Plc to six weeks in prison or a fine of Four Hundred Thousand Naira respectively for contempt. The Chief …
Read More »CBN denies directing banks to collect old N500, N1000 notes
The Central Bank of Nigeria (CBN), has denied directing commercial banks to collect old N500 and N1,000 from Nigerians, dismissing the reports to that effect as false. Reports had emerged in some media outlets on Friday that the apex bank had made a u-turn and directed banks to collect old …
Read More »I’m most qualified to be president, Tinubu writes in The Economist
Bola Tinubu Bola Tinubu, presidential candidate of the All Progressives Congres (APC), has said he’s the most qualified person to be president of Nigeria, noting that none of his competitors in the 2023 presidential elections can match his track record. Tinubu made this assertion in an opinion piece published in …
Read More »Kwara achieves 112% IGR growth in 2022, generates record N35.4bn
Kwara State Internal Revenue Service (KW-IRS) generated a total sum of N35,445,846,058.06 in 2022, the highest revenue ever generated in one year by the agency since its establishment in 2016. The record-breaker figure represents 112% of the agency’s IGR target for the year 2022 and it far surpassed the agency’s …
Read More »2023 polls: Alleged plot to manipulate BVAS, PVCs in Kogi State exposed
Some desperate politicians in Kogi State have been accused of hatching plans to manipulate the Independent National Electoral Commission (INEC)’s Bimodal Voter Registration System (BVAS) during the 2023 general elections. The scheme is said to be spearheaded by the party leaders of the All Progressives Congress (APC) in the twenty-one …
Read More »JUST IN: Buhari to address Nigerians on naira crisis
Muhammadu Buhari President Muhammadu Buhari is set to make a national broadcast to Nigerians. This was announced in a statement by the President’s Special Adviser on Media and Publicity, Femi Adesina The address by President Buhari is coming on the heels of widespread protest over the scarcity of the Naira. …
Read More »I will prosecute banks, anyone rejecting old notes – Sanwo-Olu vows
Gov. Sanwo-Olu of Lagos State Lagos State Governor, Babajide Sanwo-Olu on Wednesday vowed to prosecute banks and anyone rejecting the old naira notes contrary to law. The Supreme Court had on Wednesday further ordered that the old notes should continue to be legal tender pending its determination of the suit …
Read More »Fidelity Bank appoints Pamela Shodipo as executive director
Pamela Shodipo Fidelity Bank Plc has announced the appointment of Pamela Shodipo as executive director of its south directorate, after regulatory approval by the Central Bank of Nigeria (CBN). The bank which announced the appointment in a statement, said Shodipo joined the board of Fidelity Bank with over 25 years …
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