The United States would act to protect itself should China threaten its sovereignty, U.S. President Joe Biden said in his State of the Union address on Tuesday. Biden insisted he was committed to working with China where it could advance U.S. interests and benefit the world. He said, “But make …
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The Presidential Candidate of the All Progressives Congress (APC), Asiwaju Bola Tinubu has commended the supreme court for halting the ban on the old N200, N500 and N1000 to remain legal tender beyond the February 10 deadline until the case is fully disposed of. The Supreme Court on Wednesday morning …
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The International Monetary Fund has urged the Central Bank of Nigeria to extend the February 10 deadline on new, old naira notes swap. In a statement in Abuja on Wednesday by IMF’s representative, Laraba Bonet, the Washington based bank disclosed that the economic and trade disruptions caused by the naira …
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Ahead of the February and March general elections, the Independent National Electoral Commission, INEC has revealed actions it would take if the Bimodal Voter Registration Systems, BVAS is snatched by thugs on election day. The Commission’s Deputy Director of Information and Communications Technology, Lawrence Bayode said on Wednesday that the …
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The Federal High Court, Abuja, on Monday, discharged a former Governor of Imo, Rochas Okorocha, of N2.9 billion fraud charges preferred against him by the Economic and Financial Crimes Commission (EFCC). Inyang Ekwo, in a ruling, struck out the charges for contravening section 105 (3) of the Administration of Criminal Justice …
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The Central Bank of Nigeria (CBN) Tuesday said it would withdraw the licenses of Point of Sale (PoS) agents found culpable of inflating the charges on customers who withdraw money from their POS in the state. Daily Trust reports that POS operators in the state are collecting between N1000, N1500 and N2000 …
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Chief Henry Ude (AjimBest), a chieftain of the Labour Party in Ebonyi, has defected to the Peoples Democratic Party, PDP. This was contained in a statement on Wednesday in Abakaliki signed by Chief Abia Onyike, the Director, Media and Publicity, PDP Governorship Campaign Council. Ude, one of the founding fathers …
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The stock market suffered a N37 billion decline on Tuesday after experiencing a six-day successive bullish run on the floor of the Nigerian Exchange Limited. The All-Share Index declined by 67.98 final points, representing a decrease of 0.13 per cent, to close at 54,299.76 points. The overall market capitalisation value …
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Following the protests that rocked Abeokuta, the Ogun State capital, over the cash crunch, on Tuesday, the state governor, Dapo Abiodun, has called on the protesters to stop their protests and allow the outcome of his engagement with the Bankers Forum and the Central Bank to yield fruits. Gov. Abiodun, …
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Ahead of the 2023 general election, a former Commissioner for Agriculture in Ondo State, Pastor Olusegun Aiyerin has announced his resignation from the All Progressives Congress (APC). Aiyerin, a two-term chairman of Okitipupa Local Government, announced his resignation in a letter addressed to the chairman of APC in llutitun Ward …
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