Author Archives: Administrator

Court stalls trial of Fani-Kayode over ill-health after DSS grilling

The trial of Femi Fani-Kayode, a former Minister of Aviation, before the Lagos State Special Offences Court in Ikeja was stalled on Monday due to the absence of the ex-minister from court. The Economic and Financial Crimes Commission is prosecuting Fani-Kayode on 12 counts, in which he was accused of tendering forged medical report before […]

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CDS Assures of Readiness for 2023 Polls

The Chief of Defence Staff, General lucky Irabor, has reiterated the armed forces and other security agencies preparedness to provide a safe and secure environment for the 2023 general elections. Irabor spoke on Monday after meeting with service chiefs and heads of security agencies in Abuja, stated that the purpose of the meeting was to […]

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Popular Gas plant explodes in Delta community

A popular cooking gas plant, NELMIC Gas Plant, located along Effurun/Sapele road in Uvwie Local Government Area of Delta State was on Monday gutted by fire. PUNCH Metro gathered that the gas station identified as NELMIC Gas Plant, located opposite the Effurun Post Office, got afflamed at about 10:30pm on Monday night. The cause of […]

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Buhari Orders CBN to Release Old N200 Notes Till April 10.

President Muhammadu Buhari has ordered the Central Bank of Nigeria (CBN) to release old N200 notes into circulation as it remains legal tender up till April 10, 2023.

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[FULL TEXT] Buhari Addresses the Nation on Currency Swap

Old N500, N1000 notes are no longer legal tender My Dear Compatriots, I have found it necessary to address you today, on the state of the nation and to render an account of the efforts of our administration to sustain and strengthen our economy, enhance the fight against corruption and sustain our gains in the […]

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Naira redesign: Ekiti joins suit, urges S/Court to stop implementation of policy

The Ekiti State Government has applied to be joined as a Co-Plaintiff in a suit against the Federal Government at the Supreme Court of Nigeria on the Naira redesign policy and the deadline issued by the Central Bank of Nigeria (CBN) for the swap of old notes for new ones. Ekiti State Attorney General and […]

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Alli Pledges to Creating Jobs for Senatorial District

The All Progressives Congress (APC) candidate for Oyo South Senatorial District, Barrister Sharafadeen Abiodun Alli, on Friday promised to provide an enabling environment for the creation of jobs and support local government autonomy if elected in the February 25 National Assembly poll.

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CAN probes alleged Obi’s N2bn munificence

The Christian Association of Nigeria, on Sunday, has initiated a probe into an alleged N2bn claim to have been given by the presidential candidate of Labour Party, Peter Obi, to churches under its umbrella The Christian body described the petition allegedly written by one Pastor Frank Onwumere and dated December 15, 2022, as untrue and […]

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Tinubu to hold Campaign in Ibadan Feb 16

The Director-General of the Presidential Campaign Council (PCC) of the All Progressives Congress (APC) and Governor of Plateau State, Simon Lalong has announced plans to hold the party’s presidential campaign in Ibadan on Thursday 16th of February.

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Cashless Policy: PoS transactions grow by 40% as e-payment hits N39.58tn, NIBSS

Data emerging from the Nigeria Inter-Bank Settlement System (NIBSS) reveals that cashless transactions in Nigeria rose by 45.41 percent y-o-y to N39.58tn in January 2023. The NIBSS monitors cashless transactions through the Nigeria Instant Payment System and Point of Sales terminals. Total NIP transactions for the period rose by 45.52 per cent y-o-y from N26.65tn […]

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