CBN orders banks to start collecting N500 and N1000 old notes

18 Feb 2023

The Central Bank of Nigeria has ordered banks to start collecting the old N500 and N1,000 notes from the public with immediate effect. It however pegged the maximum amount the banks can collect at N500,000. The CBN maintained that the old currencies were still no more legal tender. A source from the bank said the […]

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Police reacts to chaos in Lagos

17 Feb 2023

The Lagos State Police Command on Friday confirmed civil unrest in some parts of the state owing to the current naira scarcity. The protesters stormed Mile-12, Ketu, Ojota area, along Ikorodu Road, and Iyana-Ipaja around 6.am before it spread to other areas like Agege and Iyana-Iba. Motorists and residents who were on their way to […]

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Drama As Angry Delta Residents Destroy POS Operator’s Stand (Video)

17 Feb 2023

The protesters claim that POS operators are extorting them due to a scarcity of New Naira notes. A video shows angry residents in Warri, Delta state, destroying a POS operator’s stand. The protesters claim that POS operators are extorting them due to a scarcity of New Naira notes. Prior to the scarcity, POS operators charged […]

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Tiwa Savage rekindles her acting career and directs her first feature film

17 Feb 2023

Tiwa Savage, the Afrobeats Superstar, has taken a new step as the lead actress and co-director of a new film. The ‘Somebody’s Son’ singer announced on Wednesday that she would make her film debut in ‘Water and Garri,’ her first. The film Water and Garri is based on Tiwa’s 2021 EP of the same name. […]

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Court pays Cristiano Ronaldo $300,000 as compensation for false rape allegations

17 Feb 2023

Portuguese superstar footballer Cristiano Ronaldo was on Tuesday reimbursed over $300,000 for legal fees he spent while defending himself in a federal civil case alleging he had raped a woman in a Las Vegas hotel room in 2009. The case was dismissed in June, after the judge found that the plaintiff’s lawyer engaged in misconduct […]

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Tensions rise as police officers stab a soldier to death in Ikorodu

16 Feb 2023

There is palpable tension in Ikorodu, Lagos State after some police officers allegedly stabbed an unidentified soldier to death. The incident occurred in Ogijo, a border town between Ogun and Lagos states. When the officers realized the victim was an officer, they fled to Ogijo Police Station, according to reports. According to a source in […]

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Text of President Muhammad Buhari’s speech on currency swap

16 Feb 2023

My Dear Compatriots, I have found it necessary to address you today, on the state of the nation and to render account on the efforts of our administration to sustain and strengthen our economy, enhance the fight against corruption and sustain our gains in the fight against terrorism and insecurity which has, undoubtedly, been impacted […]

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UK warns citizens in Nigeria to avoid banks and ATMs in 23 states

16 Feb 2023

The United Kingdom has issued its second travel advisory to its citizens in Nigeria in four months. The Foreign, Commonwealth and Development Office, FCDO, issued a warning against areas with banks and ATMs in an update on Wednesday. It stated that the redesigning and issuance of new N200, N500, and N1000 notes by the Central […]

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Ogun state government upgrades college of health technology to a polytechnic

16 Feb 2023

Ogun State Government has upgraded its College of Health Technology in Ilese-Ijebu to a polytechnic, and would henceforth be known as; Ogun State Polytechnic of Health and Allied Sciences. With a promise to appoint a substantive rector for the institution soon, the state governor, Prince Dapo Abiodun, made the pronouncement on Wednesday, during his re-election […]

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