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Naira redesign mops up N1.8trn from currency outside banks

Naira redesign mops up N1.8trn from currency outside banks

The implementation of the Naira redesign and withdrawal of old banknotes by the Central Bank of Nigeria, CBN, has sucked in about N1.81 trillion from the Currency Outside Banks, CoB, while crashing Currency-in-Circulation to N1.4 trillion in January 2023.

Walking in Jesus footsteps, a life-changing experience – Oba Michael O. Ajayi, JP

Walking in Jesus footsteps, a life-changing experience – Oba Michael O. Ajayi, JP

…as he narrates awesome experience during a pilgrimage to Jerusalem By Chris Onuoha Certainly, in these modern times, things are changing. It is unusual in a cultural African context to hear of a traditional ruler being baptized in a Christian way. But who says that Kings are not made by God anyway? God anoints kings, […]

Presidential election: Endorsement of Obi sacrosanct, says PANDEF

Presidential election: Endorsement of Obi sacrosanct, says PANDEF

The Pan Niger Delta Forum (PANDEF) says the endorsement of the presidential candidate of the Labour Party (LP), Mr Peter Obi, is sacrosanct. The National Publicity Secretary of the forum, Ken Robinson, made the disclosure in a statement issued in Abuja and made available to newsmen on Monday. The National Leader of PANDEF and elder […]

Ohaneze Ndigbo women endorse Atiku-Okowa ticket

Ohaneze Ndigbo women endorse Atiku-Okowa ticket

The Atiku/Okowa presidential ticket of Peoples Democratic Party (PDP) on Monday, received a boost with an overwhelming endorsement by members of Ohaneze Ndigbo women drawn from the 36 states of the country. The endorsement of Alhaji Atiku Abubakar and his running mate, Sen. Ifeanyi Okowa, by the women’s wing of the foremost Igbo socio-cultural organization […]

Polls: FCT to shut Parks around National Collation Centre

Polls: FCT to shut Parks around National Collation Centre

.Grants INEC’s request for use of ICC By Omeiza Ajayi, Abuja The Federal Capital Territory Administration FCTA and the Independent National Electoral Commission INEC have concluded arrangements for the use of the Abuja International Conference Center ICC as National Collation Centre for the 2023 General Elections. Consequently, the FCT Administration has directed the Abuja Metropolitan […]

Equity market: Capitalisation gains N228bn

Equity market: Capitalisation gains N228bn

Activities at the equity market of the Nigerian Exchange Ltd.(NGX) on Monday recorded a positive position, gaining N228 billion amid renewed interest in telco heavyweight, Airtel Africa. The market capitalisation which rose by N228 billion, or 0.78 per cent, closed at N29.538 trillion as against N29.310 trillion on Friday. Also, the All-Share Index was up […]

Shutting down all Nigeria Varsities over elections inappropriate – Afe Babalola

Shutting down all Nigeria Varsities over elections inappropriate – Afe Babalola

Legal luminary and founder of Afe Babalola University, Ado-Ekiti, ABUAD, Chief Afe Babalola, SAN, has condemned the closure of all universities in Nigeria by the Federal Government over the general elections. Babalola made the remarks on Monday in Ado-Ekiti at the 5th Induction of 123 medical doctors, who just graduated from ABUAD. The former Pro-Chancellor of […]