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CBN to fine banks N1m daily over new currency notes

By Shina Abubakar, Osogbo The Central Bank of Nigeria, CBN, has disclosed that any commercial bank that failed to pick up its new currency for distribution will be fined N1 million per day. The apex bank’s Deputy Director, Research, Osun state branch, Adeleke Adelokun, disclosed this while sensitising traders on the need to embrace the […]

Keyamo files suit seeking Atiku’s arrest, prosecution

Following the expiration of his 72-hour ultimatum, the Minister of State for Labour and Employment, Mr Festus Keyamo, SAN, on Friday, approached the Federal High Court in Abuja for an order to compel the arrest and prosecution of the presidential candidate of the Peoples Democratic Party, PDP, Atiku Abubakar.

Just in: Gunmen abduct primary school pupils in Nasarawa

By David Odama, Lafia Unknown gunmen, in the early hours of Friday, reportedly stormed LGEA Primary School, Alwaza, in Alwaza community, Doma LGA of Nasarawa State and abducted scores of school pupils in the area. The abductors, who whisked away unspecified number of primary school pupils, reportedly laid siege to the school, while the children […]

Labour calls for mass rejection as FG increases petrol price to N185/ltr

The Organised Labour has called on Nigerians to reject the new hike price of petrol from N170 per litre to N185 per litre introduced by the Federal Government. The FG officially increased the price of petrol by 8.8 per cent as the ex-depot price also shot up from N148 per litre to N167. However, Vanguard’s […]

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