Naira Scarcity: Bank Vandalised As Protesters Take To Streets In Ibadan

04 Feb 2023

A Wema Bank branch in Ibadan, Oyo State, was vandalised by irate mob protesting naira scarcity, on Friday. The protesters barricaded major roads across the state capital and chanted anti-government songs. Affected routes include; Iwo road, Gate and other routes in Ibadan North East local government area. Some of the angry youths were heard shouting […]

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Twitter announces plans to share Ad revenue in reply threads

04 Feb 2023

Twitter owner Elon Musk has announced the Blue App will share revenues from advertisements that appear in reply threads between it and Twitter account holders. Musk disclosed this on Friday in a series of posts via his verified Twitter handle. He said only those who could benefit from the new policy are accounts that have […]

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NNPCL SIGNS $741 MILLION DEAL TO REHABILITATE KADUNA REFINERY

04 Feb 2023

The Nigerian National Petroleum Company Limited has struck a $741 million deal with Daewoo Engineering and Construction Company to rehabilitate an oil refinery in Kaduna State. shocked According to Bloomberg, NNPCL signed the maintenance service contract with the South Korean engineering firm at a ceremony held on Thursday. In a statement issued by the company, […]

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A GOVERNOR COLLECTED N500 MILLION FROM A BANK- EL-RUFAI

03 Feb 2023

An unnamed governor got N500 million worth of new naira notes from a bank, according to Governor Nasir El-Rufai of Kaduna State. In an interview with BBC Hausa Service, El-Rufai said politicians who are targets of the naira redesign policy already have their way. “It is not wrong to change currencies, every country do but […]

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POS operators in Kogi cease operations due to no Naira

03 Feb 2023

 POS operators in Lokoja and its environs in Kogi State ceased operations on Thursday, as the ongoing scarcity of the redesigned naira worsened. Most POS operators in Kogi stated that they ceased operations due to a lack of new naira from commercial banks.  Other sources attributed the development to the CBN’s collaboration with the EFCC […]

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Pope Francis Visits Africa (VIDEO)

02 Feb 2023

Pope Francis arrived in Kinshasa, Democratic Republic of the Congo, yesterday for a four-day visit as a “pilgrim of reconciliation and peace,” seeking to bring comfort and hope to a battered people. Speaking to an audience of political, religious, and civil leaders, DRC President Felix Tshisekedi elaborated on the three main challenges facing the country […]

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Residents of Kaduna vows not to vote because of fuel and currency scarcity

02 Feb 2023

Several Kaduna residents who had been queuing at various bank ATMs since early Wednesday but had not been able to withdraw a dime by 5 p.m. told DAILY POST they would not vote for any political candidate in this year’s election if the scarcity of fuel and the new currency persisted. Mallam Abubakar, a man […]

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WE WON’T EXTEND DEADLINE FOR REGISTRATION- JAMB

02 Feb 2023

The Joint Admissions and Matriculation Board (JAMB) says it would not extend deadline for the 2023 Unified Tertiary Matriculation Examination (UTME) registration. According to NAN, Ishaq Oloyede, JAMB registrar, gave the warning after monitoring the registration exercise in Kano state on Wednesday. Registration for this year’s UTME started on January 14 and is scheduled to […]

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CBN DIRECTS BANK TO PAY CUSTOMERS OVER THE COUNTER WITH N5, N10, N50 AND N100

01 Feb 2023

The Central Bank of Nigeria (CBN) has directed commercial banks to, henceforth, pay customers over-the-counter with the lower Naira denominations. These include N100, N50, N20, N10 and N5 notes regardless of how much a customer is withdrawing. This is contained in the Banker’s Committee directive to all commercial banks in the country while also announcing […]

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