The Central Bank of Nigeria on Thursday began the disbursement of old naira notes to Deposit Money Banks as government authorities stepped up efforts to end the biting currency scarcity that has inflicted pain on millions of bank customers nationwide. The central bank had directed DMBs to pick old N1,000, N500 and N200 notes at its offices across the country for onward disbursements to customers, following a meeting between the CBN Governor, Godwin Emefiele, and bank chief executive officers on Wednesday. Findings by our correspondents on Thursday revealed that commercial banks got old naira notes from CBN offices across the…
Author: ACNNTV
Youths of Uso Community in Owo Local Government Area of Ondo State took to the streets on Friday to protest the kidnap of two residents by bandits. It was gathered that the victims were kidnapped along the Akure-Owo Expressway and taken into the forest. A source stated that three persons were initially abducted but one escaped. The incident was said to have angered the youths of the community who staged the protest along the expressway. The protesters blocked the busy expressway, causing traffic gridlock for several hours. All efforts made by the police to placate them were not successful as…
Security agencies have vowed to prosecute no fewer than 203 electoral offenders who were arrested in 20 states during the just concluded general election. Police commands in the states and other security agencies told News correspondent on Thursday that the suspects would face trial after investigations. In Ogun and Benue states, the suspects were caught with various exhibits, including cash, electoral materials, customised Automated Teller Machine cards and locally made pistols and were taken into custody by the police and the anti-graft agencies. The PUNCH had reported that the February 18 and March 25 elections were characterised by violence in…
Criticisms have followed the introduction of bill two members of Israel’s parliament, known as the Knesset, that will make it a criminal offence to persuade anyone to convert to another religion. The unrelenting criticisms have continued to pour in, especially from Christians, both in Israel and around the world, over the proposed law which would outlaw telling people about Jesus in Israel as well as jail terms for anyone who does. Israeli lawmakers, Moshe Gafni and Yaakov Asher, who are the authors of the proposed legislation, are ultra-Orthodox members from the United Torah Judaism Party. They submitted the bill in…
The Court of Appeal sitting in Abuja has set aside the decision of the Osun State Governorship Tribunal and has upheld the election of Senator Ademola Adeleke as the governor of the state. Following the governorship polls in the state, an Election Petition Tribunal had sacked Adeleke from office, saying that the Peoples Democratic Party (PDP) candidate did not score the majority of lawful votes during the July 16 governorship polls. However, in a unanimous agreement by a three-man panel led by Justice Mohammed Shuaibu, the Court of Appeal quashed the tribunal’s judgment and gave its verdict to uphold Adeleke…
Date: 2023-Mar-24 🎯TOPIC: CLEAVE UNTO THE LORD AND LIVE 📺 WATCH THE DEVOTION VIA THE LINK BELOW👇 https://youtu.be/aPxRiLk1hV4 ✝TEXT: Deuteronomy 4: 1-25(NKJV) 4:1. “Now, O Israel, listen to the statutes and the judgments which I teach you to observe, that you may live, and go in and possess the land which the LORD God of your fathers is giving you. 4:2. “You shall not add to the word which I command you, nor take from it, that you may keep the commandments of the LORD your God which I command you. 4:3. “Your eyes have seen what the LORD did…
A new set of protesters Thursday stormed the Federal Capital Territory (FCT) Abuja over the just-concluded 2023 general elections, calling on President Muhammadu Buhari to put in place an interim government before he leaves office on May 29. The angry protesters under the umbrella of the National Youth League for the Defence of Democracy (NYLDD) also demanded an immediate arrest of the chairman of the Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, by the Directorate of State Security Service (DSS). Armed with placards with various inscriptions, the protesters asked the Nigerian government not only to sack Prof. Yakubu but…
The Federation Account Allocation Committee (FAAC) has distributed the sum of N722.677 billion to the Federal, States and Local Governments from Federation revenue for the month of February. A statement from the FAAC giving the details said, “The N722.677 billion total distributable revenue comprised distributable statutory revenue of N366.800 billion, distributable Value Added Tax (VAT) revenue of N224.232 billion, Electronic Money Transfer Levy(EMTL) of N11.645 billion and N120.000 billion Augmentation from Forex Equalisation Account.” In February 2023,, the total deductions for cost of collection was N27.449 billion and total deductions for transfers, savings, recoveries and refunds was N109.909 billion. The…
The Economic and Financial Crimes Commission (EFCC), on Thursday, indicated its intention to respond in a suit filed by Festus Keyamo against Alhaji Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP) in the Feb. 25 poll. This was also as Oluwakemi Odogun, lawyer to the Independent Corrupt Practices and other related offences Commission (ICPC), told Justice James Omotosho of a Federal High Court, Abuja of the commission’s plan to file its response in the case. The News Agency of Nigeria (NAN) reports that Keyamo, a spokesperson of the All Progressives Congress (APC) Presidential Campaign Council (PCC), had instituted…
Minister of State, Labour and Employment, Mr Festus Keyamo (SAN) has petitioned the Department of State Services, DSS, demanding the arrest and prosecution for “incitement and treasonable felony”, the Labour Party, LP, presidential and vice presidential candidates, Peter Obi and Datti Baba-Ahmed, respectively, for comments he described as incendiary and capable of causing rebellion. In the petition addressed to the Director-General DSS and dated March 23, the minister who is chief spokesperson of the All Progressives Congress, APC, Presidential Campaign Council, PCC, said in a post-election period such as this, there was a need to soothe frayed nerves, lower the…