Author: Opalim Lifted

CBN warns against naira abuse, says it increases printing cost

Commercial banks have been obligated by the Central Bank of Nigeria (CBN) to collect old N500 and N1,000 naira notes from clients. According to the statement, the Supreme Court’s directive makes the old notes legal tender. Banks have started issuing old and new notes to customers at their various Automated Teller Machine (ATM) terminals and over the counter, according to CBN spokesman Isa Abdulmumin. Although the CBN had not yet made an official statement on the subject, he claimed that Nigerians could still spend and amass old and new notes in accordance with the Supreme Court’s decision. The spokesman told…

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Obidients have urged Atiku Abubakar to abandon his presidential ambition in 2027 and support Obi for the ADC presidential ticket.

The Peoples Democratic Party’s Atiku Abubakar has assembled a legal team of 19 Senior Advocates of Nigeria to contest the results of the election on February 25 which declared Bola Tinubu president-elect. On Wednesday, Atiku briefed them at the Abuja headquarters of his campaign, urging them to “establish the claim of illegality in the election and reclaim the mandate of the Nigerian people.” JK Gadzama, a seasoned litigator and business attorney is in charge of the group. He continued by saying that completing this process was essential not only for him and the PDP but also for strengthening constitutional democracy…

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Vice President Yemi Osinbajo and his spokesperson, Laolu Akande wrote on leadership

Laolu Akande, the spokesperson to Vice President Yemi Osinbajo on Wednesday has lauded his boss, stating that he exists to inspire as he turns 66. Akande noted that in pursuit of personal or national fulfillment, the role of inspiration and imagination is not only critical but also irreplaceable, which is why those who can inspire must remain at the forefront. “What I have come to know about the VP is that he is an inspirer, and watching him do things is in itself an inspiration. People like that exist to motivate individuals, groups, and nations to achieve goals and objectives…

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INEC

The Independent National Electoral Commission (INEC) has been urged by the Nigerian Bar Association (NBA) to bar its employees who committed fraud during the elections on February 25 from running in the March 11 governorship and State assembly elections. Akorede Habeeb-Lawal, the NBA’s national publicity secretary, announced the decision on Wednesday in Abuja. Additionally, the association advised INEC to correct any issues that the Bimodal Voter Accreditation System (BVAS) devices experienced during the presidential and national assembly elections. “The NBA urges INEC to ensure that all bugs or glitches in the BVAS machines and other election technology are fixed and…

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Labour Party: Court suspends national chair, secretary, others

With immediate effect, the Labour Party’s National Working Committee (NWC) dissolved the state executive council in Rivers State due to “gross anti-party activities and corruption in the management of Labour Party funds.” This came after the Rivers exco’s decision on Tuesday to support Siminialayi Fubara, the PDP’s candidate for governor. In a statement released on Tuesday in Abuja, Barrister Julius Abure, the national chairman of the Labour Party, announced the dissolution of the State Council. The party declared that it has lost faith in the “compromised State Executive Council led by Mr Deinye Pepple” to oversee the campaign for the…

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Nigerians are looking up to PDP for direction - Makinde

In order to support Governor Seyi Makinde’s reelection on Saturday, the Peoples Democratic Party (PDP) Southwest zonal leadership has urged voters in Oyo State to concentrate on his accomplishments. The zonal leadership emphasized that Makinde has shown competence over the past four years in a statement released by its spokesperson, Chief Sanya Atofarati, and added that his accomplishments are proof of his dedication to the state’s development. The zonal PDP leadership claimed that by electing Makinde again, who had additionally shown excellent leadership abilities, he would be able to carry on the positive work he had begun in Oyo State.…

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UNICEF, FG urge journalists to prioritise ethical child reporting

As stated by UNICEF, in Nigeria, there are now 7.3 million adolescents and women between the ages of 15 and 49 who are undernourished, up from 5.6 million in 2018. Nigeria is one of the 12 nations most severely impacted by the global food and nutrition crisis, according to a report published by the International Children’s Emergency Fund of the United Nations on Tuesday. The 12 nations, which also include Afghanistan, Burkina Faso, Chad, Ethiopia, Kenya, Mali, Niger, Nigeria, Somalia, South Sudan, Sudan, and Yemen, are at the center of a global nutrition crisis that has recently been exacerbated by…

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UEFA, Liverpool fans were initially blamed for the authorities' failures to handle large crowds arriving at the stadium

The Union of European Football Associations, UEFA said on Tuesday that it will refund Liverpool fans who attended last year’s Champions League final in Paris after an independent report said they were responsible for the chaos outside the stadium. After thousands of Liverpool fans were unable to enter the Stade de France for the match on May 28, which Real Madrid won 1-0, the final was delayed by 36 minutes. Tear gas was used on fans, including women and children, by French police. Although the Union of European Football Associations initially blamed the Merseyside club’s fans for the chaos, the…

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Banky W breaks silence, talks about his political lose

Nigerian singer Bankole Wellington, aka Banky W, recently lost the election for the Lagos State Eti-Osa Federal Constituency to the Labour Party candidate. Attah Thaddeus of the Labour Party defeated Banky W in the election. With 24,075 votes, Attah triumphed over Banky W (18,666) and Babajide Obanikoro of the All Progressives Congress (16,901) to win the election. Banky W responded on his Instagram page on Monday, saying that if everything had gone as planned, he would have traveled to Abuja to find an apartment and an office space. Banky W said during a sermon at his church that having faith…

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Old\new naira scarcity hurts daily living, businesses

Despite the Supreme Court ruling over old and new naira notes, commercial banks in some Federal Capital Territory (FCT) satellite towns had not yet begun accepting cash payments, leaving customers stranded and angry. According to a newsmen correspondent who observed banks in Nyanya, Mararaba, and Karu in Abuja on Tuesday, none of the banks have begun paying customers in person or using ATMs (ATM). The old N200, N500, and N1000 banknotes were still considered legal tender until December 31st, according to the apex court, which overturned the ban on their use on Friday. Security guards are still stationed at the…

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