Author: Adejuyigbe Francis

The Central Bank of Nigeria, CBN, has informed citizens that there will be no cash swap for old notes in any financial institution. The CBN already declared the old N200, N500 and N1000 are no longer recognized as legal tender, despite a Supreme Court ruling. The apex bank on Tuesday released the guidelines for deposit of old notes at any of its branches across the country from February 15 and 17. CBN explained that in exchange for the old notes, the bank account provided by the depositor will be credited after scrutiny. You will not be issued new notes; instead…

Paris Saint-Germain forward, Kylian Mbappe has admitted that he was “not supposed to play” in their Champions League round of 16 first leg tie against Bayern Munich on Tuesday. Mbappe came on in the second half, but could do nothing to prevent a 1-0 defeat at the Parc des Princes. The France international suffered a hamstring injury on February 1 and the Ligue 1 club initially said he would be out for three weeks. But Mbappe came on later in the course of the game around the 57th minute and changed the tempo of the game, scoring two goals that…

The Federal Government said it had started the process of declaring 111 historical sites in the country as National Monuments. The Minister of Information and Culture, Alhaji Lai Mohammed, disclosed this on Tuesday in Abuja at the 26th edition of the President Muhammadu Buhari (PMB) Administration Scorecard Series (2015-2023). He said the process of declaring the sites as national monuments had reached an advanced stage and awaiting the Presidential Assent. According to the minister, when the 111 national monuments come on board, they will be added to the existing 65. Mohammed also disclosed that the Buhari’ administration had published the…

The Governor of the Central Bank of Nigeria  (CBN) Mr. Godwin Emefiele,  has met with the Diplomatic Corps over the Naira redesign policy. Meeting with the corps in Abuja, Tuesday afternoon, the governor explained the rationale for the policy and said that extending the deadline for the circulation of the old notes of the affected denominations of N200, N500, and N1,000 notes was unnecessary. He noted that some unscrupulous bankers were trying to sabotage the policy and that such people would be sanctioned, along with Point of Sales (POS) operators who over-charged customers for transactions.

The Executive Governor of Osun State, Senator Ademola Adeleke, yesterday hosted members of the Osun State House of Assembly, unveiling the first Executive bill of his administration. Addressing the lawmakers led by the House of Assembly Speaker, RT Hon. Timothy Owoeye, Governor Adeleke expressed his conviction that the visit would  strengthen the bond of partnership, commending the open arms of fellowship from the legislature. “I also want to use this opportunity to give a hint about the legislative agenda of our administration. First, we want to support genuine upgrades of facilities at the State House of Assembly Complex. It is a task…

Spokesman for the Peoples Democratic Presidential Campaign Council, Dele Momodu said  Vice President Yemi Osinbajo is one of those who built the legacy of Asiwaju Bola Tinubu, the presidential candidate of the ruling All Progressives Congress, APC. Momodu stated this in an interview on Channels Television’s programme tagged, “The 2023 Verdict.”  He said, “Osinbajo is one of those who built the Tinubu image that we have today.” According to him, it is misleading for anyone to attribute all of the achievements in Lagos to his (Tinubu) brilliance. Momodu further stated that there are too many reasons why Tinubu will not be…

The Lagos State Government says it is committed to developing a robust and resilient climate infrastructure, to reduce the risks and vulnerabilities from climate change on the state. Mr Babajide Sanwo-Olu, Governor of Lagos, gave the assurance during an interactive session between All Progressives Congress (APC) and the Organised Private Sector (OPS) on Monday in Lagos. Sanwo-Olu stated that his administration had made strong case for infrastructure to address climate change at the COP27 in Egypt. COP27 is the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change. The Lagos Governor stressed the need for…

President Muhammadu Buhari has signed the Establishment Bill of the National Institute for Hospitality and Tourism, NIHOTOUR, into law. This is contained in a statement by Mr Joesef Karim, Special Assistant (Technical) to the Director General of NIHOTOUR, Alhaji Sani Kangiwa, and issued to the News Agency of Nigeria on Monday in Abuja. The act established the institute for training, certification and registration of hospitality, travel and tourism personnel in Nigeria. NAN reports that NIHOTOUR is a parastatal agency under the Federal Ministry of Information and Culture, engaged in training, consultancy, research and publications towards promoting skills and entrepreneurship. The…

The federal government has reiterated its commitment to the elimination of bottlenecks and promotion of efficient operations at the Seme-Krake border to enhance trade and economic integration with member countries of the Economic Community of West African Sates (ECOWAS). The Minister of State for Transportation, Ademola Adegoroye, re-echoed the government’s position at the inauguration of three multi-million naira projects executed by the Federal Ministry of Transportation at the Seme-Krake Joint Border Post in Lagos. The projects included roofing of three walkways for arriving and departing passengers, construction of 20 toilet facilities and provision of two solar-powered boreholes/water treatment plants. Ten…

Nigeria Centre for Disease Control and Prevention reveals that there has been 429 suspected cases, as well as 17 deaths from all over Nigeria in 2023. Cases from about 11 states across 24 local government areas were reported by NCDC in its latest Cholera epidemiological report for week four (January 2-29) posted on its official website. As of January 29, 2023, the statement explained that a total of 429 suspected cases, including 17 deaths (CFR 4.0 per cent) had been reported from 11 states. It explained, “Of the suspected cases since the beginning of the year, the age group 0-…

As the 2023 general elections draw nearer, the National Youth Service Corps, NYSC, has charged corps members to ensure strict compliance to the guidelines stated in the Electoral Act and to exempt themselves from local politics throughout the duration of the exercise. This is as they were also reminded that their membership in the corps does not guarantee immunity from the legal consequences of any wrongdoing. They were enjoined to continue to be law-abiding while also serving as role models for the younger ones. This charge was given by Brigadier-General Yushau Dogara Ahmed during the closing ceremony of the 2023…

The presidential candidate of the Labour Party (LP), Peter Obi, has said he didn’t pay a visit to the Oba of Lagos, Rilwan Akiolu, because the monarch was not “readily available”. Obi revealed this while speaking on Monday in a Channels Television interview. The former Governor of Anambra dismissed claims that he purposely chose not to pay homage to the traditional ruler. Obi also said claims that Akiolu refused to see him were “untrue”. “The truth is that when we arrived, we wanted to do what we used to do — arrive, drive to the palace, and see the Oba.…