Author: Kwara Reporters

The Central Bank of Nigeria has instructed all its branches nationwide to continue issuing various denominations of both old and redesigned banknotes in ample quantities to deposit money banks.The apex bank disclosed this in a statement signed by its Director, Corporate Communications, Isa AbdulMumin, and posted on its X handle on Wednesday.This comes in response to reports of cash shortages in major cities, despite earlier assurances from the CBN about sufficient cash availability nationwide.Part of the statement read, “For the avoidance of doubt, while reiterating that there are sufficient banknotes across the country for all normal economic activity, we wish…

President Bola Tinubu has signed the N2.17 trillion 2023 Supplementary Budget into law.Tinubu assented to the Supplementary Budget at his office in the Presidential Villa Abuja, on Wednesday, in the presence of Senate President, Godswill Akpabio, and Speaker of the House of Representatives, Tajudeen Abbas.Others who witnessed the signing formalities include Senate Leader, Sen Opeyemi Bamidele; Chairman Senate Committee on Finance, Sen Olamilakan Adeola; Chairman, House of Representatives Committee on Appropriation, Abubakar Kabir Abubakar; Secretary to the Government of the Federation, George Akume; Minister of Budget and Economic Planning, Atiku Bagudu and Chairman, Federal Inland Revenue Service, Zachs Adedeji.The Supplementary…

Justice Olukayode Adeniyi of the Federal Capital Territory High Court has granted former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, bail.The judge ordered that Emefiele be released immediately to his lawyers, who were charged with the responsibility of producing him in court for his arraignment next week or at any other day.According to the judge, the ex-bank chief must also deposit his travel documents before the chief registrar of the court, pending his arraignment.The judge also pointed out that there must be an end to detention, without trial.The court must also not overlook the fact that he…

The governorship candidate of the Social Democratic Party (SDP) of the November 11, 2023 election in the Kogi State, Murtala Ajaka, says Governor Yahaya Bello wants to do force a successor on the people of the North Central state.“He (Bello) wants to force a successor on the people of Kogi State,” Ajaka alleged on Channels Television’s Politics Today programme on Tuesday.The SDP candidate also alleged threat to his life in Ayangba in the Dekina Local Government Area of the state early Tuesday.“They thought I was there; their target was to get me assassinated,” Ajaka alleged. “They came between 3am and…

A car dealer, Olatubosun Gafar, has become distressed after a customer, Segun Opeyemi, sent him a fake alert of N6.2m and absconded with one of his cars, in the Ijebu Ode area of Ogun State.It was gathered that Opeyemi walked into Gafar’s office last Wednesday and told him that he was interested in buying a Toyota Camry 2014 model Spyder, parked in the compound.According to the 39-year-old, Opeyemi returned on Thursday morning, made payment for the car and also sent the receipt to him on WhatsApp messenger.However, Gafar explained that Opeyemi after payment requested to test drive the car and…

Omowunmi Aloba, the widow of 27-year-old deceased singer IleriOluwa Aloba alias Mohbad, told the Coroner Inquest sitting at Ikorodu on Tuesday that Mohbad had died long before he was declared dead due to past incidents of bullying, psychological trauma, and the National Drug Law Enforcement Agency arrest.Mohbad’s widow testified that he died in his room on Tuesday, September 12, 2023, in the afternoon.She said before his death, he had showered and wasn’t feeling okay, so he asked that they switch on the air conditioner in his room, but the AC wasn’t working, so they rushed him to the son’s room.Omowunmi…

Three suspects allegedly involved in passport racketeering have been arrested by operatives of the Ondo State Command of the Nigeria Immigration Service (NIS).The suspects, identified as Etaoghere Cyril, Okunika Joy, and Adehaka Blessing, were paraded at the NIS passport office in Akure, the capital of the state.Parading the suspects, the command’s Public Relations Officer, Deputy Superintendent Oladapo Bayode, said they charged N80,500 for a 32-page, five-year validity passport, N100,500 for a 64-page, five-year validity passport, and N165,000 for a 64-page, 10-year validity passport.According to Bayode, the action of the racketeers is against the widely publicised cost of passports on the…

Organised labour comprising of the leadership of the Nigeria Labour Congress and the Trade Union Congress on Tuesday declared a total nationwide strike effective Tuesday, November 14, 2023.The leadership of the two unions reached the resolution after an extraordinary National Executive Council meeting on Tuesday in Abuja, an official told The PUNCH under the condition of anonymity because he was not permitted to disclose details ahead of a scheduled press release by the labour centres.The PUNCH had earlier reported that the leadership of the NLC and the TUC summoned what the unions described as an extraordinary NEC meeting.The aim of…

When Lagos State University (LASU), Ojo, was established in 1983, it was envisioned to pursue the advancement of learning and academic excellence.Degree available for N2 million – N3 million None of those involved in the establishment of the noble project could have foreseen that less than four decades down the line, all it would take for intellectually lazy people to get a degree approved by the school Senate would be N2 million to N3 million.All the interested person needs are the required amount of money – which can vary depending on the department of choice – and an O-level certificate and…

Borno government has approved the release of over N500 millionto pay registration fees for 19 medical students and 93 nursing students for further studies.The executive secretary of the Borno State Scholarship Board, Bala Isa, said on Tuesday while announcing the development in Maiduguri.According to Mr Isa, the 19 medical students are at Suez University of Egypt, and the 93 nursing students are at the University of Maiduguri Teaching Hospital (UMTH) nursing school.The executive secretary said the scholarship was part of Governor Babagana Zulum’s administration’s commitment to Borno’s 25-year development plan and the 10-year strategic transformation initiative.Mr Zulum said his administration…