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Nigeria Breaking News

New Naira Notes: APC Governors Disagree on Deadline

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New Naira Notes

The Central Bank of Nigeria, CBN Governor, Godwin Emefiele has ruled out the possibility of extending the 10-day grace for the old Naira notes to remain in circulation. He appealed to Nigerians to endure the pains emanating from difficulties in getting the newly redesigned Naira notes from financial institutions.

The governor who made the appeal on Friday during a press conference in Lagos said the pain is temporary, stressing that cash will be available in no distant time

He said the leadership of the apex bank had appealed to commercial banks to manage the situation properly while the cash circulates.

Godwin Emefiele

He said, “On the clamour by people to move the deadline by one more year or if we are open to further extension of the deadline. I would say no.

“I’m sure that people are going to say that only last week Tuesday, I said no, but I want to say unfortunately again, this time, we will not be looking at an extension of deadlines.

“We do see that there will be some transient or temporary pains. But I will appeal, we are begging, we are on our knees begging people to please show understanding they should be calm”. Angry Nigerians on Friday staged protests in some parts of the country, lamenting the scarcity of the new Naira notes

Source: dailypost

In other news – Usain Bolt breaks silence

Jamaican Olympian Usain Bolt has broken his silence following reports more than $12.7 million (about R218 million) was stolen from his account with a private investment company called Stocks & Securities Limited (SSL).

Usain Bolt breaks silence

According to the Associated Press, Bolt’s lawyer Linton P Gordon said that the retired athlete had $12.8 million, but only $12 000 (about R206 000) now reflects in the account. Learn more

Nigeria Breaking News

Nigeria’s constitution not working, paperwork for military – Bode George

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Bode George

A chieftain of the Peoples Democratic Party, PDP, Bode George, on Monday said Nigeria’s constitution is not working. George said Nigeria’s constitution is paperwork for the country’s military. Featuring on Arise Television’s Morning Show, the PDP chieftain said the current constitution gives room to politicians to share largesse in Abuja.George reiterated the call for restructuring Nigeria, stressing that it’s an antidote to secession agitation in Nigeria.

According to George: “The constitution we are running is not working, it’s more like paperwork for a military organization; why should everybody head to Abuja monthly to collect their largess; it’s not working, what does the president do with my local government or that in Sokoto? Nothing.

“Politics is local and we want to see that the restructuring everybody is talking about is the path we should take instead of taking arms and shooting people which is a modern-day Robin Hood.

Source: Naijanews

In other news – I dislike men who wear skirts – Davido

Nigerian Afrobeats star David Adeleke, aka Davido, has revealed the fashion trend that he dislikes. The DMW boss stated that he dislikes men who wear skirts.

 

Davido

He said he would never wear a skirt but may reconsider if he is offered half a million dollars.Davido disclosed this in a recent interview with American fashion content creator, Mysterious Fashioniest. Read more

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Nigeria Breaking News

EFCC vows to probe bank chiefs over COVID funds, World Bank loans

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EFCC

The Economic and Financial Crimes Commission, EFFC, said it has redoubled its investigation into the culpability of bank Chief Executive Officers, CEOs, in the mismanagement of COVID-19 funds and World Bank loans. This is contained in a statement by its spokesman, Dele Oyewale, on Sunday in Abuja.

The statement said that also under probe is the alleged mismanagement of recovered Abacha loot given to the Ministry of Humanitarian Affairs, Disaster Management and Social Development for disbursement to beneficiaries of the Federal Government support-for-the-poor programme. The EFCC also announced that it had recovered N32.7 billion and $445,000 so far from top officials of the ministry under its searchlight, adding that the abuse of naira has become a priority investigation of the agency.

Shedding light on the probe of malfeasance in the Humanitarian Affairs, Disaster Management and Social Development ministry, the agency said: “At the outset of investigations, past and suspended officials of the Humanitarian Ministry were invited by the commission and investigations into the alleged fraud involving them have yielded the recovery of N32.7billion and $445,000 so far.

“Discreet investigations by the EFCC have opened other fraudulent dealings involving Covid -19 funds, the World Bank loan, Abacha recovered loot released to the Ministry by the Federal Government to execute its poverty alleviation mandate.

Source: Dailypost

In other news – Singer Paul Okoye hints at remarrying

Popular singer and half of P-Square, Paul Okoye, aka Rudeboy, has hinted at remarrying. The ‘Reason With Me’ crooner dropped the hint while scolding fans for wishing his divorce from his ex-wife to be toxic.

Paul Okoye

He stated that he would not succumb to their wishes, urging them to accept the reality that he is with his new partner, Ivy Ifeoma.He went on to unveil hashtag options for himself and his partner, Ifeoma. Read more

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Nigeria Breaking News

I dislike men who wear skirts – Davido

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Davido

Nigerian Afrobeats star David Adeleke, aka Davido, has revealed the fashion trend that he dislikes. The DMW boss stated that he dislikes men who wear skirts.

He said he would never wear a skirt but may reconsider if he is offered half a million dollars.Davido disclosed this in a recent interview with American fashion content creator, Mysterious Fashioniest.

Davido

The interview asked, “What’s one fashion trend you dislike? He said, “Skirt; men that wears skirts. I will never wear the skirt. Except if I am offered half a million or a million dollars [laughs

Source: Dailypost

In other news – Junior Pope not buried by river bank – Police

The Anambra State Police Command says the remains of Nollywood star, John Paul Odonwodo, popularly called Junior Pope, were not among those buried by the bank of the Anam River. The Command’s spokesman, SP Ikenga Tochukwu, made the clarification on Sunday, stating that only three of the deceased families agreed that the victims be buried by the riverside.

John Paul Odonwodo

 

He noted that after the burial of the three, one of the families came back to exhume the remains of their daughter for a befitting burial in her country home.Ikenga added that the corpse of Junior Pope was deposited at a morgue. Read more

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