The Central Bank of Nigeria has directed all banks in Nigeria to stop the use of foreign currencies as collateral for naira loans. The apex bank made this known in press release signed by uploaded to its website on Monday. CBN said it has observed that some bank customers have been using foreign currencies as collateral for naira loans and, therefore, announced its prohibition with immediate effect. The central bank […]
The newly appointed Deputy Governor of Edo State, Omobayo Godwin, has been sworn in on Monday by the Chief Judge, Daniel Okungbowa. In his inaugural speech, Omobayo showed appreciation to the Governor of Edo State, Godwin Obaseki, and the leadership of the Peoples Democratic Party, for finding him deserving of the appointment. He said that the oath of office he took connotes his legal acceptance of the appointment and also […]
The Edo State Governor, Godwin Obaseki, has appointed a 38-year-old engineer, Omobayo Godwin, as the new deputy governor of the state. The appointment followed the impeachment of the former deputy governor, Philip Shaibu, by the state House of Assembly on Monday. According to the panel set up for the impeachment proceedings of the former deputy gov, Shuaibu was probed and sacked on allegations of perjury and leaking of the state […]
The Federal Government has declared Tuesday and Wednesday, April 9 and 10, 2024, as public holidays to mark the Eid-el-Fitr celebration. The Minister of Interior, Olubunmi Tunji-Ojo, disclosed this in a statement by the ministry’s Permanent Secretary, Aishetu Ndayako. He congratulated all Muslim Ummah for the successful completion of the fast in the holy month of Ramadan and called on Nigerians to continue in the spirit of unity to improve […]
The Nigerian Meteorological Agency has predicted sunshine and thunderstorms from Monday to Wednesday in some parts of the country. According to NiMet’s weather outlook which was released on Sunday in Abuja, forecast sunny and hazy atmosphere over parts of Yobe and Borno states on Monday, with chances of thunderstorms over part of Kebbi while remaining parts of the North is expected to be sunny with patches of cloud during the […]
Oyo State Government has assured citizens and residents of the State of its commitment to peaceful coexistence and safety of lives and property of its people. The assurance follows a recent incident of the death of some grazing cows allegedly poisoned in Ologolo, Alafara area in Ido local government area of the State. The state commissioner for information and orientation,Prince Dotun Oyelade explained in statement that government’s attention was brought […]
A Federal High Court in Abuja has adjourned the tax evasion case involving Binance Holdings Limited and its officials till April 8, 2024. The trial judge, Justice Emeka Nwite, adjourned the matter for ruling after listening to parties’ submission on the service of the charge on Binance Holdings Limited. It will be recalled that the Binance executive Nadeem Anjarwalla along with his colleague, Tigran Gambaryan who recently escaped from lawful […]
Popular controversial cross-dresser, Idris Okuneye aka Bobrisky, has been arrested and detained by the Economic and Financial Crimes Commission over abuse of Naira, spraying of Naira notes, currency mutilation among others. According to reports, Idris okuneye was arrested at Pinnock Estate in Lagos State on Wednesday and has been detained at the Lagos Command of the EFCC. While confirming the development to newsmen in an interview today, the spokesperson for […]
President Bola Tinubu has signed the Student Loans Act into law. The development follows individual reviews by both the Senate and the House of Representatives of the report from the Committee on Tertiary Institutions and TETFund. President Tinubu stated that the main aim of the new law was ensure that Nigerian children are not denied the right to education which he described as the tool to effectively fight poverty. He […]
