The International Women’s Day Celebration 2022 with the theme ‘Break The Bias’ is another time to sensitize the society on the importance of giving equal opportunities to both women and men , especially in male dominated communities. In recent times, the rally cry has seen positive lights as women are now getting opportunities to showcase […]
More than 13 soldiers have been killed by bandits in Zuru Emirate of Kebbi State, northwest Nigeria. POLITICS NIGERIA reports that the incident on Tuesday follows Sunday evening’s bloodbath in the same area where the terrorists killed 63 members of the volunteer security group popularly known as Yan-Sa-Kai. Details of this attack on soldiers is …
The outcome of the Osun state Peoples Democratic Party (PDP) Governorship Primaries has poured cold water on the minds of some bigwigs in the party who are unsure of who to pitch tent with publicly. On Tuesday, the state branch had two different primaries at two different locations and this has further widened the rift …
The Central Bank of Nigeria (CBN) increased the currency in circulation from ₦2.91tn in December 2020 to ₦3.33tn in December 2021.
The data released by the apex bank revealed that the currency in circulation had increased by 19.06 per cent from ₦2.44tn recorded as of December 2019.
CBN in its report on currency operations disclosed that “the growth in CIC reflected the continued dominance of cash in the economy.”
The apex bank in its report wrote, “Analysis of the CIC shows that a greater proportion was in higher denomination banknotes (N100, N200, N500 and N1000). The higher denomination banknotes together accounted for 63.47 per cent and 98.08 per cent of the total CIC, in terms of volume and value, respectively.
“The volume of lower denomination banknotes (N5, N10, N20, N50) accounted for 28.43 per cent of the total CIC and 1.92 per cent, in terms of value as at end-December 2020.”
CBN further stated that electronic payment options were introduced with a major aim of reducing the number of naira notes used for transactions, but not to eliminate cash usage.
According to CBN, cashless transactions using the e-payments would help to increase convenience, provide more service options, reduce the risk of cash-related crimes, and provide cheaper access to (out-of-branch) banking services and access to credit.
The currency in circulation was defined as currency in the hands of the general public and in the vaults of the Deposit Money Banks.
The CBN said it employed the “accounting/statistical/withdrawals & deposits approach” to compute the currency in circulation in Nigeria.
It said this approach involved tracking the movements of currency in circulation on a transaction-by-transaction basis.
The apex bank further stated that for every withdrawal made by a Deposit Money Bank at one of CBN’s branches, an increase in CIC is recorded; and for every deposit made by a DMB at one of CBN’s branches, a decrease in CIC is recorded.
The transactions are all recorded in the CBN’s CIC account, and the balance on the account at any point in time represents the country’s currency in circulation.
This article was originally published on Nigeria News
Damilola while narrating her side of the story in a post on Instagram said Timaya after hitting her left her in the pool of blood.
She accused Timaya of dragging her on the road, while she sustained injuries on her face, knees, right hand and some other parts of her body.
According to Damilola, she was rushed to a nearby pharmacy where she managed to reach out to her husband who then took her to Reddington Hospital.
The hit-and-run victim in a post on Instagram wrote, “Not only that he dragged me on the road where I sustained injuries on my face, my two knees, my right hand, all my acrylic nails forcefully pulled out before I knew it, he ran away leaving me in my own pool of blood.
“Then passerby rushed me to a nearby pharmacy where I managed to call my husband before I was later taken to Reddington Hospital where I received about 15 stitches on my face and another treatment was administered before I was later discharged later in the evening and was taken to General hospital for further treatment.”
Damilola also accused the singer of bullying her when she confronted him for hitting her car.
She wrote, “How can you tell the whole world you didn’t notice you hit a car? I knocked on your side window to draw your attention only for you to bully me as a woman.
“Timaya Inetimi @timayatimaya you are wicked and heartless. You painted your wicked act of hit and run with emotion.”
The victim who stated that Timaya wouldn’t have reacted if he wasn’t called out on social media said, “Your conscience will continue to judge you cause you intentionally hit me off with your green G wagon boasting that you are a celebrity.
“Your lawyer came and sympathised with me in the general hospital at about 10:30 pm and your lawyer said this is too much for someone to let it slide.
“The pains you inflicted on me by your recklessness and no respect for womanhood. The permanent scar you inflicted on me intentionally. All I want is justice as he isn’t feeling remorse because he should not go scot-free to serve as a deterrent for others.”
This article was originally published on Nigeria News
As the 2023 elections approach, two major political aspirants have come out openly to declare their interests. The two individuals, Bola Tinubu; National Leader of the ruling All Progressives Congress (APC) and Atiku Abubakar; an ex-Vice President of Nigeria, are not new in the country’s politics. Tinubu played a huge role in taking South-west politics …
The Independent National Electoral Commission (INEC) says it is yet to receive the certified true copy of the Federal High Court order that sacked Governor Dave Umahi of Ebonyi State and his Deputy, Chief Kelechi Igwe.
The INEC National Commissioner and Chairman, Information and Voter Education Committee, Festus Okoye made this known on Tuesday while speaking with newsmen in Abuja.
He added that the electoral umpire will take a decision on what should be the next line of action once the necessary documents are received.
“The Commission has not been served with a copy of the said judgment.
“The Commission will meet and take a decision when it is served with a Certified True Copy of the judgment,” Okoye said.
Naija News recalls the Federal High Court sitting in Abuja, on Tuesday, sacked Umahi and Igwe, for dumping the Peoples Democratic Party (PDP) for the ruling All Progressive Congress (APC).
Delivering judgement on Tuesday, Justice Inyang Ekwo ordered Umahi and his Deputy to immediately vacate their officer, asking INEC to replace them with a candidate from PDP.
He held that the total number of 393, 042 votes Umahi secured during the March 9, 2019 governorship election in Ebonyi state, belonged to the PDP and cannot be transferred to the APC.
Ekwo said that following the outcome of the governorship election, the office of the governor and deputy governor in Ebonyi state, “belong to the Plaintiff and no other political party”.
It also asked INEC to replace them with a candidate from PDP.
In a swift move, the Peoples Democratic Party (PDP) has named Iduma Igariwe and Fred Udogwu as its nominees for Governor and Deputy Governor of Ebonyi State respectively.
Naija News reports that the National Chairman of the PDP, Senator Iyorchia Ayu, made this known at a media briefing on Tuesday evening.
But Dave Umahi has rejected the ruling of an Abuja high court which sacked him from office as the Governor of Ebonyi State.
Speaking to newsmen in Abakaliki, Ebonyi State, Umahi said that the ruling should not be recognized by his followers.
He tagged the ruling by Justice Inyang Ekwo of Abuja Federal High Court as “jungle justice that was purchased.”
This article was originally published on Nigeria News
Former President of the Senate, Bukola Saraki, on Tuesday, congratulated Ademola Adeleke following his victory at the Peoples Democratic Party governorship primary election.
Naija News had earlier reported that the Chairman of the primary election, the Bayelsa State Deputy Governor, Lawrance Ewhrudjakpo declared Adeleke the winner of the electoral process.
Ewhrudjakpo stated that Senator Adeleke polled 1,887 votes to win the governorship ticket of the party ahead of the Osun State governorship election.
The Chairman of the primary election, Ewhrudjakpo while declaring Adeleke as the winner noted that 1,916 delegates were accredited, while 24 invalid votes were recorded.
Saraki in a post on his Twitter account on Tuesday congratulated Senator Adeleke for clinching the party’s ticket.
He wrote, “I congratulate my dear friend, Senator Ademola Adeleke, on his victory at today’s #PDPOsunPrimary!
Babayemi won the parallel governorship primary conducted by the Olagunsoye Oyinlola-backed faction held at the WIDCOF event centre in Osogbo.
The returning officer of the exercise, Adelani Ajanaku, while announcing the result said Babayemi polled 1,781 votes to emerge the winner of the election.
This article was originally published on Nigeria News
At least, eight gallant soldiers of the Nigerian Army have reportedly paid a supreme price during a gun battle in Kebbi State with suspected bandit terrorists.
Naija News understands that the military officers were deployed to the Zuru district of the State, to battle and restrain bandits operating in the neighbouring communities from influx into Kebbi.
The deployment of the soldiers to the area came following the killing of over sixty vigilantes otherwise known as Yan-Sa-Kai by gunmen fleeing from Niger State.
The said Yan-Sa-Kai is a group of local men who have volunteered to themselves from various towns and villages to form informal vigilante units to protect themselves from bandit raids, Naija News understands.
A massive number of the volunteer local security men were, however, killed on Monday during a confrontation with a group of bandits.
Confirming the recent attack which reportedly claimed the lives of soldiers, a source from Sakaba Local Government Area of the state told SaharaReporters on Tuesday night that eight of the soldiers deployed to the emirate have been killed by gunmen.
The source said the bandits moved swiftly into the community after banning of local security outfits by the state government last year.
According to the source, the local security outfits have been checkmating the monsters until the state governor disarmed them last year.
The governor according to him accused the security outfit of engaging in unlawful killings but he did not provide an alternative.
“Immediately after banning our local security outfit, bandits then moved in and have been killing mercilessly since then,” Sahara Reporters quoted the source as saying.
He added: “Some hours ago, some soldiers were deployed but unfortunately, the bandits have just killed eight of the soldiers. So sad, we are no longer safe.”
Recalling the disturbing killing of the volunteer vigilantes, another source told newsmen that the deceased persons were ambushed and killed by the terrorists after being fed wrong information regarding the location of the bandits.
The source said: “Yesterday, after killing many people and rustling cows, the youths from Dabai, Magajiya, Ribah, Diri and Danrnagi villages confronted the bandits with their locally made guns.
“They killed many of the Bandits; along the line, someone called them and gave them wrong information about the location of the bandits, so that was how they fell into the ambush of the bandits.
“The location is Sakaba Local Government Area, Zuru Emirate, Kebbi state. It’s a border town between Kebbi South and Niger. The town has produced many Generals.
“Right now, they are still operating in Zuru villages. The soldiers and the police are more afraid than the civilians.”
This article was originally published on Nigeria News
Award-winning Nigerian singer, Davido on Tuesday expressed excitement as his uncle, Ademola Adeleke clinched the governorship ticket of the Peoples Democratic Party.
The Chairman of the governorship primary election, the Deputy Governor of Bayelsa State, Lawrence Ewhrudjakpo had declared Adeleke as the winner in Osun State on Tuesday.
The former lawmaker in the electoral process polled 1,887 votes to win the party’s ticket ahead of the July 16 governorship election.
Dele Adeleke who had earlier expressed his intention to withdraw from the race polled one vote in the governorship primary.
Davido while reacting to his uncle’s victory alongside a screenshot of a video call with Adeleke wrote, “001 OSSG LOADING @IsiakaAdeleke1 God is good!
“See you all in the field, GAME TIME!”
Davido in another post on his Twitter account mocked his cousin, Dele Adeleke who polled one vote in the PDP primaries.
The singer while reacting to Dele Adeleke’s post on his withdrawal from the primary election wrote, “You’re talking to the one person wey vote you abi, I don’t understand which one be all supporters … cousin Dele, frog jump loading.”
Davido at any given opportunity has attacked his cousin following Dele Adeleke’s intention to contest against his uncle.
This article was originally published on Nigeria News
The Head of the Nigerian Diplomatic Mission in the Republic of Burundi, Ambassador Elijah Onyeagba PhD has described women as great vessels of inestimable value in society’s transformational quest. Speaking on this year’s United Nations’ International Womens Day celebration themed *“Gender equality today for a sustainable tomorrow”* , His Excellency Amb. Elijah Onyeagba PhD calls
Chairman of Air Peace Airline, Allen Onyema, has appealed to aggrieved persons and groups in the misunderstanding between Air Peace and the Emir of Kano, Aminu Ado Bayero, to sheath their swords and allow peace to reign. Speaking during Independent Newspapers Awards 2021, themed; ‘Celebrating Trailblazers’, Onyema said that Air Peace was born out of
Top Nollywood actor, Lari Williams is dead, POLITICS NIGERIA reports. Williams, who was popular for his roles in hit soap operas such as Village Headmaster, Ripples, and Mirror in The Sun, died on Sunday at his home in Ikom, Cross River State, Southsouth region of Nigeria. He had been ill for a long time. His …
Many Nigerians have been wondering what prompted veteran actor Jim Iyke to seek salvation from Prophet T.B Joshua. After a video of him being delivered from a demon became widely circulated, Jim went into great detail about what actually transpired. His family’s search for a cure for their mother’s illness led him to TB Joshua’s
Filmmakers have been ordered by the federal government to remove money ritual content from their films. The Minister of Information and Culture, Lai Mohammed, revealed the latest step during a media visit in Abuja, according to Daily Trust. According to the minister, some of the accused ritual murderers who have been apprehended confessed to learning
Chinonso Arubayi, a Nollywood actress, has stated that she has never heard of someone being arrested at a mosque. This was revealed by the mother of one in response to the arrest of Uche Nwosu, a former governorship contender in Imo State. Security officers carried Nwosu, the son-in-law of former Imo governor Rochas Okorocha, away
Another tragic day for Nollywood happened yesterday, when popular actor Sam Obiago passed away. Sedater Savour, a prominent Nollywood actress in Delta State, contacted her colleagues, who were quick to disclose Sam Obiago’s death on social media. They didn’t celebrate him while he was living, and they didn’t check in on him while he was
Mr. Sam Obiago, a veteran Nollywood actor, filmmaker, and chairman of the Screen Writers Guild of Nigeria (SWGN), has died. Although the cause of his death is unknown, his coworkers have resorted to social media to express their sorrow. Obiago was a Nollywood filmmaker, actor, and TV personality who appeared in over 100 films. Tears
There are so many sparked reactions online following the Kaduna State Governor Nasir El-Rufai visit with President Muhammadu Buhari at the Presidential Villa in Abuja on Tuesday. The governor who was accompanied with his state ( Kaduna ) commissioner for Internal Security and Home Affairs. The governor El-Rufai out of respect and humility he has
According to official sources, at least 47 persons were killed in bandit raids in different areas in Nigeria’s North West Kaduna state on Saturday and Sunday. President Muhammadu Buhari has directed the army to respond effectively to the attacks. On Sunday morning, bandits attacked villages in Kaduna’s Giwa Local Government Area, killing 38 people, and
