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•Dollars The Central Bank of Nigeria (CBN) has stopped international oil companies from repatriating 100% foreign exchange proceed to their mother companies overseas. The Director of Trade and Exchange Department at the apex bank, Hassan Mahmud, made this known in a circular dated February 14, 2024. … developing story

Business & Economy

CBN bars crypto bank account operators from cash withdrawal

January 3, 2024 0

•CBN Governor Yemi Cardoso Cash withdrawals will not be possible from accounts opened for virtual and digital assets transactions, the Central of Nigeria has disclosed. Withdrawals from these accounts will only be possible by transfer or through a manager’s cheque, the apex bank explained. It revealed this in a new ‘Guidelines on Operations of...

Education

Court bars impostors claiming to be NANS President, Senate Leader

December 25, 2023 0

An Abuja High Court has restrained one Pedro Chibuzo and Ekundinu Segun Elvis from parading themselves as National President of National Association of Nigerian Students (NANS) and Senate President respectively. The duo had been claiming to represent the interests of students despite not being officially elected, reports The Nation. The court ...

Politics

Court bars pro-Wike Speaker, APC demands sanction for judge •INEC reacts

December 13, 2023 0

•Rivers State High Court A Rivers State High Court in Port Harcourt has barred the factional Speaker of the state House of Assembly, Martin Amaewhule, who is loyal to the Minister of the Federal Capital Territory, Nyesom Wike, from going into the state assembly complex until the burnt chamber is fully renovated by the state […]

Politics

Court bars Gov Akeredolu from inaugurating caretaker chairmen

December 1, 2023 0

•Akeredolu An Ondo State High Court, sitting in Akure, has stopped Governor Oluwarotimi Akeredolu from inaugurating newly appointed members of the interim management committee for the 18 local government areas and the 33 Local Council Development Areas (LCDAs). The appointed Interim Management Committee for the council and the LCDAs have been ...