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CBN imposes limits, penalty on cash transactions

CBN imposes limits, penalty on cash transactions

From June 2012, individuals that make cash withdrawal or deposit above N150,000 would pay a fine of N100 per extra N1,000, while corporate organisations that make cash withdrawal or deposit above N1 million would pay fine of N200 per extra N1,000.

Olu of Warri speaks to Itsekiri Nation May 2

Olu of Warri speaks to Itsekiri Nation May 2

THE Olu of Warri, His Majesty, Ogiame Atuwatse 11, will on May 2, address his people on the state of the ethnic nationality as part of a nine-day activities to mark his 24th coronation anniversary (Oyo-Ekoro) in Warri, Delta State.

US hails 2011 elections as ‘unprecedented Success’

US hails 2011 elections as ‘unprecedented Success’

The United States yesterday hailed the 2011 General elections conducted by the Independent National Electoral Commission (INEC), as one of unprecedented success noting that it has shown that Nigeria is now prepared to take its deserved pride of place in the international community while its voice will command the respect of a truly democratic power.

Protest rocks Enugu community over State Assembly poll

Protest rocks Enugu community over State Assembly poll

SOME angry youths in the Igala-speaking Ette community of Igbo-Eze North local government area of Enugu State, yesterday, took to the streets to protest the victory of the Peoples Democratic Party candidate for Igbo-Eze North II constituency in the State House of Assembly election, Mr. Tony Ogidi.

Let sleeping dog lie!

Let sleeping dog lie!

NIGERIAN politicians never cease to flabbergast me. Apparently, General Muhammadu Buhari’s Congress for Progressive Change (CPC) intends to vigorously contest the presidential poll results in 11 states – Abia, Imo, Ebonyi, Enugu, Anambra, Akwa Ibom, Rivers, Cross River, Delta, Edo and Bayelsa.

DPP wins 6 Assembly seats in Delta, as DTHA dissolves LG councils

DPP wins 6 Assembly seats in Delta, as DTHA dissolves LG councils

OMPOSITION of the Delta State House of Assembly in the next dispensation is no longer going to be PDP dominated as it had been since 1999 as Democratic Peoples Party, DPP has so far won 6 seats from the results so far declared while CAN clinched one seat, although the ruling PDP is still maintain its majority lead with 14 seats so far won.
The House is composed of 29 members.

Jonathan, aides leave for Obudu on retreat

Jonathan, aides leave for Obudu on retreat

Away from his landslide victory at the presidential election, President Goodluck Jonathan and his key aides will Friday arrive the globally acclaimed tourism destination, Obudu Resort, Cross River state on a one-week retreat.

Curbing corruption at the  Customs Command

Curbing corruption at the Customs Command

THE Customs Command, as we all knowis the hub of international and local businesses in Nigeria. In fact, as the first port of call for most Nigerian and foreign importers and exporters, the happenings in this Command will either affect Nigeria positively or negatively.

PDP guber candidate, Dosunmu, congratulates Fashola

PDP guber candidate, Dosunmu, congratulates Fashola

Governor Babatunde Fashola’s keen competitor in the last governorship election in Lagos State and Peoples Democratic Party, PDP, governorship candidate, Dr. Ade Dosunmu, yesterday, congratulated Fashola on his victory at Tuesday’s election in the state.