Month: December 2022
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Man Assaulted For Spending N1000 Redesigned Naira Note, CBN Reacts (Video)
A Nigerian man whose identity is yet to be known was embarrassed and assaulted after paying the owner of the local restaurant redesigned N1000 note. A clip which has now gone viral on micro-blogging platform Twitter on Friday showed a woman, the restaurant owner, insisting that the man must pay for his food with the…
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Why POS Agents Are Vital in CBN’s Cashless Policy – Emefiele
Governor of Central Bank of Nigeria CBN, Mr. Godwin Emefiele, Thursday, underscored the importance of Point of Sale (PoS) agents in the cashless policy of the apex bank. Speaking when he appeared before the House of Representatives to brief the lawmakers on the recent monetary policies of the bank especially the cash withdrawal limit, Emefiele…
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Obi, Tinubu, Atiku’s Camps React To Recent ANAP Poll
The camps of the three leading presidential candidates, yesterday, disagreed over the ANAP poll, which showed Labour Party, LP, Presidential Candidate, Mr. Peter Obi, as the favourite to win the 2023 election. For the second time in four months, the survey concluded this month showed that Peter Obi is ahead of three other frontline candidates.…
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10 Suspected Kidnappers Terrorising Lagos-Ibadan Expressway Arrested
Nemesis has caught up with 10 among suspected kidnappers that have also been terrorising the popular Lagos-Ibadan Expressway, as they have been apprehended by the men of Oyo State Police Command with the support of other security agencies, including Amotekun Corps. The suspects, according to the police, were responsible for the abduction of a former…
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Only Enthronement of Tinubu Will End Terrorism – CAN
The Lagos State chapter of the Christian Association of Nigeria (CAN) says only the enthronement of a good leader like Bola Tinubu, the presidential candidate of the All Progressives Congress (APC), will end terrorism in the country. The association’s chairman, Stephen Adegbite, spoke to journalists on the sidelines of the state’s Christmas Carol at the…
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Popular Comedian, ‘Mr Peteru’ is Dead
Popular comedian, Tobi Owomoyela, also known as MC Peteru died on Wednesday at 35 years of age. The family of the Ibadan based comedian is yet give circumstances behind his death. His colleagues and social media influencers in the entertainment industry have flooded Instagram and Twitter to mourn his exit. Peteru is survived by Bryan,…
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Just In: CBN raises individual cash withdrawal limit to N500,000 weekly
Daily Trust The Central Bank of Nigeria (CBN) has made an upward review of its cash withdrawal limit directive 15 days after issuing the policy as individuals can now withdraw N500,000 cash weekly and up to N5 million for corporate entities from 9th January, 2023. In a circular issued on Wednesday and signed by the…
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Why We Find It Difficult To Accept Redesigned Naira Notes – Traders Open Up
Six days after the new naira notes went into circulation, some traders are still finding it hard to accept it as legal tender, the News Agency of Nigeria (NAN) reports. The newly-redesigned N1,000, N500 and N200 bills became legal tender on Dec. 15, 2022. The Central Bank of Nigeria Governor, Godwin Emefiele, on Oct. 26…
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Polytechnics, Others Not Allowed To Award Degree Certificate – FG Replies ASUP
The Federal Government has said that Polytechnics, monotechnics, and other related schools are no longer allowed to award degree certificate. In a circular dated December 1, 2022 and with the marking TEB/PRO/E/12/Vol.11/132, the National Board for Technical Education informed the heads of the concerned institutions of the government’s decision. The release was signed by Ogoh…
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CBN Moves Against Peddlers of Fake Redesigned Naira Notes, Releases Security Features
The Central Bank of Nigeria (CBN) yesterday moved against those behind the circulation of fake redesigned Naira notes in other to reaffirm the safety of the legal tender. The apex bank in a display, marked out security features and peculiarities that distinctively differentiate the new naira notes and make them inviolable to counterfeiting. The security…