Day: November 24, 2022

The Governor of Central Bank of Nigeria, Godwin Emefiele, has revealed that the apex bank is planning to reduce the volume of higher denominations, N500 and N1000 in circulation to tame inflation.  According to Emefiele, the high volume of higher denominations could be part of the factors fuelling inflation in the country.  He backed his claim up by pointing out that the highest denomination in the UK is £50 and the most spent currency in the country is £10.  He said: “Rarely you find some people spend £20. Nobody sees £50. If you go around carrying £50 in the UK, they will begin to suspect you. Whereas, the reverse is what is happening in Nigeria. Nigerians want to carry N1,000 or N500. “In fact, we’re beginning to see or think that increasing the high denomination bills is also part of what may even be fuelling inflation. “So, over time, we will reduce the volume of N500 and N1000 in circulation. “Let people carry N50 around. If you want to do high-value transactions, embrace online, embrace our agency programme, embrace our mobile …

We’ll Soon Reduce Volume of N500 And N1000 In Circulation – Emefiele Read More

An alleged serial fraudster has been arrested by the Federal Capital Territory Police Command. The fraudster, who specialized in impersonating legal practitioners and senior law enforcement officers to defraud unsuspecting members of the public. A statement titled “FCT police arrest 61 years old fake assistant Inspector General of Police” issued on Wednesday by the command’s spokesman, DSP Josephine Adeh, said the suspect was nabbed on Sunday. According to her, the arrest followed a series of petitions and reports at various formations and units of the Police Command. She said the alleged imposter, identified as Olakunle Adesola, a 61-year-old resident of Liberty Estate by Spring Road AMAC, Abuja, was arrested by the command’s intelligence asset attached to the Anti-violence Crime section of the State Criminal investigations department (SCID ) at Our Lady Queen of Cathedral Church Area III where scores of unsuspecting worshippers have reportedly been defrauded. The PPRO further stated that the suspect’s modus operandi was to impersonate senior police officers between the ranks of Commissioner and Assistant Inspector General of Police, top-ranking EFCC officials, and/or a legal practitioner who owns …

Police Arrest Fake AIG After Allegedly Defrauding Citizens Of N10m In Abuja Read More

Luiz Diaz, the Liverpool superstar, has talked about Lionel Messi and Ronaldinho. He said that Lionel Messi and Ronaldinho are his idols, saying he is a massive fan of the Argentine football king. Diaz said that the first time he saw the Argentine superstar, during Colombia’s match against Argentina, he felt like he was going to die. The Liverpool man said he loves the Paris Saint-Germain superstar beyond measure and was lucky to meet him again during the Coppa America two years ago. “The day I meet him, I am really going to die! I love Messi,” he told Anfield Watch. “The first time I had contact with him was in a Colombian game in Barranquilla, but I didn’t start. I was just starting out in the national team.” Diaz further recalled how he came across the former Barcelona captain in a Copa America game two years ago, where the seven-time Ballon d’Or winner signed a shirt for him.

World Cup: I Nearly Died – Liverpool Superstar Reveals Meeting With Lionel Messi Read More

Ace comedian, Basketmouth has joined the list of Nigerians mocking the newly redesigned naira notes.  The star reacting to the new notes, shared ‘redesigned’ photos of his face.  The Nigerian comedian shared a photo collage of his face with the caption;  ”The only constant thing in life is change.”

See Comedian Basketmouth’s Reaction To The Newly Redesigned Naira Notes Read More

The House of Representatives has approved a bill seeking to establish a ‘National Commission for Almajiri Education and Out-of-School Children’.  The bill was sponsored by a lawmaker from Sokoto State, Shehu Kakale, and 18 others titled ‘A Bill for an Act to Establish National Commission for Almajiri Education and out of School Children to Provide for a Multimodal System of Education to tackle the Menace of Illiteracy, Develop Skill Acquisition and Entrepreneurship Programmes, Prevent Youth Poverty, Delinquency and Destitution in Nigeria; and for Related Matters.’  The bill passed its second reading, hours after former President Olusegun Obasanjo warned that the over 20 million out-of-school children in Nigeria, which constitute almost 10 per cent of global statistics, are potential terrorists.

Reps Approve Bill To Establish Almajiri Education Commission Read More

A woman has allegedly killed her husband before hiding his corpse in their freezer. Claudia Tavares Hoeckler, 40 has now been arrested. She allegedly murdered her husband Valdemir Hoeckler who she claims abused her for years.  The 52-year-old’s body was found at their home freezer in Lacerdopolis, Santa Catarina, Brazil after Hoeckler reportedly turned herself in at a police station on November 21.  According to legal documents, after her husband’s death, she tried going on the run for a week before reporting to police that it happened earlier this month on November 13. Hoeckler arrived at the polpice station with several lawyers. Local media report that she told police she had suffered years of physical, sexual, and mental abuse from her husband during their 23 years together.  Police formally arrested Hoeckler and, according to local media, she gave a statement. Investigators have declared the killing a murder case and say the victim was killed by a blow to the back of his head.  The judge overseeing the case reportedly said: “The temporary segregation of the defendant, at this time, will also allow for …

Woman Arrested For Allegedly Murdering Her Husband And Hiding His Corpse In Freezer (Photo) Read More

A court has convicted one Tope Peter Obi to one-year imprisonment for possession of fraudulent documents.  Justice O.A. Okunuga of the Lagos State High Court sitting in Ikeja, on Tuesday, November 22, 2022, convicted and sentenced him for engaging in crime.  A statement released by the EFCC says the convict was arraigned by the Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, on a one-count charge bordering on possession of fraudulent documents, an offence contrary to Section 318 of the Criminal Law of Lagos State 2011.  The count reads;“That you, Tope Peter Obi, sometime on the 8th day of July, 2022 in Lagos, within the jurisdiction of this Honourable Court, had in your possession documents wherein you fraudulently represented yourself as Chris Lane, an American to one Hewitt, a representation of which from the circumstance of this case you knew or reasonably ought to know to be false.”  He pleaded “guilty” to the one-count charge. In view of his plea, the prosecuting counsel, G.C. Akaogu, gave a review of the facts, detailing how intelligence reports had linked the …

‘Tope Peter Obi’ Bags One Year Jail Term For Possession of Fraudulent Documents (Photo) Read More

The popular Nigerian singer, 2face Idibia, has handed out some advise to people in relationships. He took to Instagram to dish out relationship advice. In a post shared on his Instastories, the singer stated that some people have mastered the art of hiding their red flags from their partners. He said the words genuine people use in winning their partner’s love, are the same players use in winning others over. He went on to advice people not to allow circumstances make them push love away. Read what he wrote below…

Some People Have Mastered The Art Of Hiding Red Flags – Singer 2face Idibia Dishes Out Relationship Advice Read More

The Federal Government has recovered one billion dollars ($1,000,000,000) from stolen funds.  Abubakar Malami, the Attorney General of the Federation and Minister of Justice, disclosed this after the Federal executive council (FEC) meeting presided over by President Buhari at the State House yesterday, November 23.  The money was recovered since the inception of the President Muhammadu Buhari administration till date.  The AGF said the recovered loots have been deployed to various sectors of the economy and have made a huge impact on poverty levels and the nation’s economy.

Looted Funds: We Have Recovered One Billion Dollars Since 2015 – FG Read More

The Kano State Chairman of the All Progressives Congress, Abdullahi Abbas, has vowed that the party will win the forthcoming governorship election by hook or crook.  Punch reported that Abbas spoke on Wednesday at the flag-off of the party’s campaign in Gaya.  He said, “People are saying that I should stop saying the APC will capture Kano by hook or crook. I want to tell this gathering that the APC will capture Kano by hook or crook. We have today demonstrated our resolve of winning the election from top to bottom come the year 2023. “Gaya, as you know is the home of APC; no political party can match our strength and our clout. We are determined to take the bull by the horn in maintaining our dominance. Gawuna is our candidate and he is going to be the next governor of Kano State.”

We’ll Win Kano By Hook Or Crook – APC Chairman Read More

Pastor William Kumuyi, the General Superintendent of the Deeper Life Bible Church, has told Nigerians the kind of candidate they should vote for in the upcoming 2023 general elections.  According to him, Nigerians should vote for people of integrity with capacity to make Nigeria a better country, according to a report by NAN.  Kumuyi, who arrived Yola for a global crusade scheduled to begin on November 24, advised against voting for people on sentimental grounds.  “Those eligible to vote should look at the people asking for vote and examine what we know about them. We are not voting by sentiment, we are not voting because of religion,” Kumuyi told newsmen on arrival at the Yola International Airport for the scheduled crusade. “We are voting for people who we believe that as individuals will make our country great,” he added.  Kumuyi said Nigeria is a huge country that with the right leaders could be made to fully justify its numerical strength in other ways than just numbers. “We are still the giant in Africa by population but we need to be giant in …

Election 2023: Pastor Kumuyi Tells Nigerians Who To Vote For In 2023 Read More

Reno Omokri, a controverial politician cum activist, has hailed the Central Bank of Nigeria following the unveiling of new Naira notes.  This is as Nigerians mocked the new naira saying it’s not worth it.  Reacting, Omokri said the naira was not redesigned for beauty, rather the CBN did it for economic and security reasons.  He also said that the Dollar is powerful because of its value and not beauty.  Recall that President Muhammadu Buhari, yesterday, launched the redesigned Naira notes by the Central Bank of Nigeria, CBN.   Taking to his verified Twitter handle, he wrote, “The Naira was not redesigned for beauty. It was redesigned for economic and security reasons. And it achieved exactly that. Naira appreciated. Bandits were flummoxed. The dollar is powerful, but not beautiful. Emefiele and the CBN board deserve kudos, not hubris!”

Naira Wasn’t Redesigned For Beauty, CBN Deserves Kudos – Reno Omokri Read More