The interim Chairman of the Alliance on Surviving Covid-19 and Beyond (ASCAB), Femi Falana, in his latest communique has revealed why the Central Bank of Nigeria (CBN) must comply with the Supreme Court order in respect of the currency swap crisis. In his statement on Thursday, Mr Falana said his speaking up became imperative because … [Read more…]
The controversy over the February 10 deadline for the validity of three old naira notes assumed another dimension on Wednesday as the Supreme Court of Nigeria restrained the Federal Government from implementing the February 10 deadline for the old 200, 500 and 1000 naira notes. On the same day, Attorney-General of the Federation (AGF), Abubakar … [Read more…]
The death toll from the devastating earthquake that struck Turkey and Syria on Monday is now at least 17,176, according to authorities. In Turkey, the death toll has risen to at least 14,014, Turkish President Recep Tayyip Erdogan said Thursday while visiting impacted areas in the southern city of Gaziantep. The total number of deaths in Syria stands as at least 3,162, … [Read more…]
Several manufacturers, companies, and top figures have been targeted by Britain in the latest round of sanctions to hit Russia since the invasion of Ukraine. The sanctions come as Ukrainian President Volodymyr Zelensky visits Britain, meeting Prime Minister Rishi Sunak and addressing parliament. Foreign Secretary James Cleverly said that the new sanctions would “accelerate the … [Read more…]
Ahead of the February 25 and March 11 general elections, the Independent National Electoral Commission (INEC) on Wednesday revealed the action to be taken if hoodlums snatch the Bimodal Voter Registration Systems (BVAS) on election day. Lawrence Bayode on Channels Television’s The 2023 Verdict on February 8, 2023 According to the electoral body, the BVAS, … [Read more…]
The Supreme Court of Nigeria has restrained the Federal Government from implementing the February 10 Deadline of the old 200, 500 and 1000 naira notes to stop being legal tender. Three northern states — Kaduna, Kogi and Zamfara — had in a motion ex-parte filed on February 3rd, prayed the apex court to halt the … [Read more…]
Frank Nweke Jr, the governorship candidate of the All Progressives Grand Alliance on Monday reaffirmed his commitment and promise to immediately improve the lives of people in urban slums as his administration will pay particular attention to urban renewal. He said this on a tour of Bunker, an urban slum in Enugu City on Monday. … [Read more…]
The Nigerian National Petroleum Company (NNPC) Limited has apologised to Nigerians for the over three months of pains caused by the nationwide fuel scarcity. The Group CEO, NNPCL, Mele Kyari, who spoke during an interview on Channels Television’s special election programme, The 2023 Verdict, on Tuesday, assured the public that the “glitch” will be resolved … [Read more…]
The apex Igbo socio-cultural organisation, Ohanaeze Ndigbo, has endorsed the Labour Party (LP) presidential candidate, Peter Obi, ahead of the 25 February general elections. In a statement by its spokesperson, Chiedozie Ogbonnia, on Tuesday, Ohanaeze said, apart from them, other regional socio-political groups also endorsed Mr Obi during their gathering at Wells Carlton Hotel, Asokoro, … [Read more…]
An emergency meeting of the Council of State, convened by President Muhammadu Buhari will hold on Friday to discuss national crises including petrol and naira scarcity, insecurity and others, ahead of the general elections. The national crises had led to protests in various parts of the country. The reporter gathered that the governor of the … [Read more…]
At least 5,034 deaths have now been confirmed in Turkey and Syria after a powerful magnitude 7.8 earthquake rocked the region early on Monday. Turkey’s death toll rose to at least 3,432, Turkey’s Disaster Coordination Center (AKOM) said Tuesday. The deaths were reported in the provinces of Kahramanmaraş, Gaziantep, Şanlıurfa, Diyarbakır, Adana, Adıyaman, Osmaniye, Hatay, … [Read more…]
The World Bank Country Office in Nigeria has disclosed that the incessant fuel scarcity and the inability of Nigerians to access the new naira notes may influence uncertainty ahead of the February 25 and March 11 elections in the country. According to a document, the bank pointed out that the deadline for old notes will … [Read more…]