Year: 2023
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Nigeria’s Victor Osimhen Wins African Player of the Year
Nigeria and Napoli striker Victor Osimhen has been voted the Men’s African Player of the Year at the 2023 CAF Awards gala held in Marrakech, Morocco, on Monday, Peoples Gazette can report. The 24-year-old, who scored 31 goals in 39 appearances last season to help Napoli clinch the Serie A title for the first time…
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Naira Scarcity: CBN suspends charges on cash deposits above N500,000
The Central Bank of Nigeria (CBN) has suspended processing charges placed on cash deposits exceeding N500,000 for individual accounts and N3,000,000 for corporate accounts until April 30, 2024. This directive, seen by Peoples Gazette, was issued in a letter to all banks, financial institutions, and non-bank financial institutions, dated December 11 and signed by the…
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CBN Gives Reason Behind Naira Scarcity
Daily Trust The Central Bank of Nigeria (CBN) has explained the reasons behind scarcity of naira notes in the country. This comes following a series of complaints by some bank customers on the scarcity of naira notes at the counters, Automated Teller Machines (ATMs), Points of Sale (PoS), and Bureaux de Change (BDCs). In a…
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STIs, Unwanted Pregnancies Loom as Condom Price Skyrockets
Punch Newspaper As the price of condoms skyrockets in Nigeria, medical practitioners and other concerned stakeholders fear that it could lead to low demand and force many people into unsafe sex, which could increase sexually transmitted infections including HIV and a boom in unplanned pregnancies. ANGELA ONWUZOO reports Stanley Uba was shocked to the marrow…
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100-Level Varsity Student Commits Suicide
A 100-level female student of the Nasarawa State University (NSUK), Keffi, Maikeffi Redemption Sarah has reportedly committed suicide, by consuming a poisonous substance. Sarah, 21 years old, fourth and last born of the family, and an undergraduate of Microbiology was said to have killed herself due to deep emotions and depression. The incident was said…
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ASUU Makes Demand Over TETFund Allocations
The Academic Staff Union of Universities (ASUU) has asked the federal government to set aside allocations for the Tertiary Education Trust Fund (TETFund) as distinct from Nigeria’s overall annual budget. Emmanuel Osodeke, president of the union, said this will ensure the effective implementation of TETFund projects. Osodoke was at the TETFund Alliance for Innovative Research…
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CBN raises alarm over circulation of fake naira notes
The Central Bank of Nigeria (CBN) has warned Nigerians to beware of illegal naira banknotes in circulation. A statement by CBN’s acting director of corporate communications, Hakama Sidi Ali, in Abuja on Friday said the counterfeit notes were mostly higher denominations. “The attention of the CBN) has been drawn to the circulation of counterfeit banknotes,…
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Opay, PiggyVest, Kuda, Others React To CBN Fresh Directive To Banks
Mobile Money Operators (MM0s) and Financial Technology firms have reacted to the new directives from the Nigeria Inter-Bank Settlement System (NIBSS) for banks to remove Payment Solution Service Providers (PSSPs), Switches and Super Agents from its outward transfer list. NIBSS in a circular with reference number, NIBSS/BD/NUP0/005/051723, directed banks to disconnect PSSPs, Switching Companies (Switches)…
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Just In: Again, Gunmen Kidnap Nasarawa Varsity Students
Daily Trust Gunmen believed to be bandits have stormed Gandu community and kidnapped some students at the Federal University of Lafia. A resident, who lives within the university community but pleaded for anonymity, informed our correspondent that the gunmen came at first in their numbers at about 7:30pm on Wednesday and started shooting into the…
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NYSC Secures Release of Two More Abducted Corps Members
The National Youth Service Corps (NYSC) has secured the release of two more female prospective corps members who were kidnapped in Zamfara State while traveling to the orientation camp in Sokoto. This brings the total number of released victims to four, with four still held captive. LEADERSHIP reports that eight Corps Members were abducted in…