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Author: Michael Right
The Central Bank of Nigeria (CBN) says it is considering reduction of the amount of higher denominations — N500 and N1000 — in circulation. Fielding questions from newsmen at the monetary policy committee (MPC) meeting in Abuja, CBN governor, Godwin Emefiele, said the move is aimed at addressing Nigeria’s soaring inflation. Emefiele said increasing the high denomination of the currency could be part of factors fueling inflation in the country. Making reference to the United Kingdom, he said the highest denomination in the UK is £50, adding that the most spent currency in the country is £10. EFCC hails CBN…
A Taliban court flogged 12 people, including three women, on various charges at the football stadium in Pul Alam city of Logar province. Gul Rahman Akhundzada, head of Taliban appeals court in Logar said that it is a happy moment that after 20 years, Hodud has been implemented. According to the Logar local media center, Akhundazada, while flogging these people, emphasised that the implementation of Hudud and the implementation of Sharia law is important. He said that on the orders of Mullah Hibatullah Akhundzada, the Taliban leader, they will implement “Hodud”. He added that the cases of the accused have…
The Lagos State Government has announced traffic diversion for the upcoming All Progressive Congress (APC) Presidential and Gubernatorial rallies scheduled to hold on Saturday, 26th November 2022 at Teslim Balogun Stadium, Surulere. The mega rally, which is schedule to hold from 9.00 am to 4.00pm will have the APC presidential candidate, Asiwaju Bola Tinubu and his running mate, Kashim Shettima, in attendance. The Commissioner for Transportation, Dr Frederic Oladeinde, who made this known in a statement advised Lagosians to plan their movement around Teslim Balogun Stadium, Funsho Williams Avenue and Alhaji Masha areas in Surulere. Oladeinde stated that traffic on…
Spain began their World Cup campaign with a display of total dominance over Costa Rica, racking up a historic 7-0 win – their biggest ever in a World Cup – to provide an early statement about their tournament credentials. Kick-off came only hours after Japan had pulled off a shock 2-1 win over Germany in the other game in Group E but there was never any possibility of another upset at Al Thumama Stadium, with Luis Enrique’s side in complete control from the outset. Spain’s dominance was such that they could have already been ahead by the time Dani Olmo scored…
A stunning late comeback from Japan saw four-time winners Germany fall to a shock defeat in their opening World Cup game in Qatar. Germany dominated a frenetic match for large spells but failed to capitalise on their pressure – before Japan caused the Khalifa International Stadium to erupt into a mix of celebration and surprise. Substitute Takuma Asano squeezed in a thumping strike from a tight angle to make it 2-1 to Japan and ran over to the photographers in the corner of the stadium in sheer delight. There was a collective pause in the arena as the ball rolled…
Police have arrested seven students of the Sultan Abdurrahman College of Health Technology, Gwadabawa, Sokoto, in connection with the death of a 200-level Dental student identified simply as Lukman over alleged phone theft. It was gathered that the student, who hailed from Kalambaina in the Wamakko Local Government Area of Sokoto state and his murderers were living in a rented apartment outside the school premises. According to DailyTrust, a reliable source said, “His friends and fellow students accused him of stealing a phone belonging to another student.” The source added that they conspired with their friends who visited them from the…
A housewife has allegedly stabbed her husband to death over sex demand, the police in Oyo State have said. Police spokesman in the state, Adewale Osifeso, said the housewife stabbed her husband with a knife on the chest leading to his death. Osifeso made this known when the 27-year-old suspect was paraded alongside other criminals before reporters on Wednesday. According to NAN, Osifeso disclosed that the stabbing took place on November 16 at the couple’s residence at Oko-Oba, Oyo town, when the deceased attempted to have sexual intercourse with his wife who resisted the move. Woman gets life imprisonment for…
Sunshine Stars FC, a Nigeria Professional Football League club, has been put up for sale by the Ondo State Government. The club is funded by the Ondo State Government. However, succeeding governments have struggled to fulfil their commitment over the years, which has led to the players going on strike. The fact that they narrowly avoided being relegated two seasons ago has also had an impact on the team’s performance on the field. South East youths trekking for Tinubu arrive Ondo “The state can decide to sell the club, Sunshine Stars FC if we get the right price and most…
A section of the palace of the Akinrun of Ikirun land in Ifelodun local government area of Osun state went up in flames as the obaship tussle in the ancient town takes a turn for the worse. According to a viral video sighted on Wednesday, the palace was seen razing from afar with black smoke emanating from the rooftop. However, emerging reports has it that the fire was caused by a serious uproar that ensued when the crown prince identified as Lukman Gboleru was shot by security operatives. As reported by TheNationOnline, Prince Gboleru was shot when security operative made…
The House of Representatives has passed for second reading a bill to establish a commission to tackle out-of-school children, particularly the Almajiri. The bill, sponsored by Shehu Kakale and 18 others, was debated on Wednesday and passed. Leading the debate on the bill, Mr Kakale disclosed that the commission will have the mandate to provide for a multimodal system of education to tackle the menace of illiteracy. Also, the commission will help in skill acquisition and entrepreneurship programs, and prevent youth poverty, delinquency and destitution in Nigeria. Senate want almajiri education integrated into educational system Speaker Femi Gbajabiamila, in his…