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NURTW, Others Develop Bylaws to Curb Sexual Harassment in Motor Parks

On Wednesday, transport workers in Kaduna State began the creation of bylaws aimed at reducing instances of sexual harassment and other forms of Sexual and Gender-Based Violence (SGBV) in transportation hubs. The groups involved include the National Union of Road Transport Workers (NURTW), the Tricycle Riders and Owners Cooperative Society of Nigeria, the Tricycle and […]

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Fuel Shortage Threatens Election Logistics – INEC Warns

The Independent National Electoral Commission (INEC) expressed concern yesterday that the scarcity of fuel across the country may affect election-day logistics. Despite assurances from the Nigerian National Petroleum Company (NNPC) of adequate fuel during the election, the three major presidential candidates also expressed hope that the shortage will be resolved before the polls. INEC Chairman, […]

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Emefiele Prolongs Banks’ Acceptance of Old Naira Notes Until After 10 February

Godwin Emefiele, Governor of the Central Bank, stated that commercial banks must still accept old Naira notes even past the February 10th deadline during his appearance before a House of Representatives ad hoc committee. He affirmed his agreement with section 20(3) of the CBN Act, which requires banks to accept outdated currency after a deadline […]

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House of Representatives Approves Buhari’s N1 Trillion Loan Request from CBN

The House of Representatives approved President Buhari’s request for an additional N1 trillion loan from the CBN to fund the 2022 supplementary budget, despite the bank exceeding its lending limit. The lawmakers suspended the request to securitize N22.7 trillion Ways and Means loans until they receive further details from the Executive. The House committees on […]

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Banks Express Concern Over Shortage of New Naira Notes from CBN Amid Uncertainty

Commercial Banks in Nigeria Face Pressure Over Shortage of New Naira Notes from CBN Ahead of 31 January Deadline, Officials Report. Banks Face Shortage of New Naira Notes as CBN Intensifies Efforts to Improve Circulation. Supply is Grossly Inadequate, Making it Difficult to Meet Customer Demands. ATM Operations Alone Need N25m, and Bankers are Scared […]

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CBN Extends Deadline for Old Naira Note Usage

CBN extends old naira notes deadline for 10 days. Governor Emefiele announces the new deadline of Feb 10 with President Buhari’s approval. Emefiele spoke in Daura after meeting with Buhari during his official visit. Nigerians given another chance to change notes, no further extensions. PREMIUM TIMES reports CBN’s redesign of 200, 500 and 1000 naira […]

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Lagos Governor Approves N1.76trn ‘Budget of Continuity’

Sanwo-Olu explained that the budget, which is themed “Budget of Continuity: Consolidating on Our Development Strides,” would focus on completing ongoing capital projects, expanding intervention programs, and intensifying social support for citizens and their means of livelihoods. He emphasized that the budget would help his administration to consolidate the development strides it has made thus […]

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INEC Announces Extension of PVC Collection Deadline to February 5th

The Independent National Electoral Commission (INEC) has announced an extension of the collection of Permanent Voter Cards (PVCs) across the country until February 5th, 2023. The collection was originally scheduled to end on January 29th, 2023. INEC National Commissioner and Chairman of the Information and Voter Education Committee, Festus Okoye, stated in a release on […]

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President Buhari: New Currency Design Aimed at Curbing Illicit Funds, Not Impacting Everyday Citizens

President Buhari announced that the recent redesign of the 1,000, 500, and 200 denominations of the naira is aimed at tackling individuals hoarding illicit funds, not impacting the daily transactions of regular citizens. He stated that the currency swap introduced by the Central Bank of Nigeria (CBN) four months ago was specifically designed to target […]

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NIMET Emphasizes Importance of 2023 Seasonal Climate Prediction Report

According to the US Federal Aviation Administration (FAA), the weather is a major cause of delays in the National Airspace System (NAS), accounting for approximately 70% of all delays. Furthermore, the weather is a significant contributor to aviation accidents and incidents, with the National Transportation Safety Board (NTSB) reporting that it is a primary contributing […]

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