Big Stories Archives - Page 176 of 196

Sweden Rediscovers Poverty As Inflation Soars

NewsDeskNgMar 16, 2023March 16, 20230

Sweden has been hit by the highest inflation in more than 30 years and poised for recession as there are visible signs of poverty mounting amid rising inequality. AFP reports that Sweden has been hit hard by the effects of the war in Ukraine. Its currency, the krona, is weaker...

INEC Begins Sensitive Materials Distribution In Kano

NewsDeskNgMar 15, 2023March 15, 20230

The Independent National Electoral Commission in Kano State on Wednesday commenced the distribution of sensitive materials ahead of Saturday’s state assembly elections. The materials, which were kept at the state Central Bank of Nigeria, are being distributed to the state’s local government areas. Credit: NaijaNews —Follow us for more breaking...

Buhari Swears In Seven ICPC Board Members

NewsDeskNgMar 15, 2023March 15, 20230

The President, Major General Muhammadu Buhari (retd.), swore in seven reappointed board members for the Independent Corrupt Practices and Other Related Offences Commission at the council chamber of the State House, Abuja on Wednesday. The members include Justice Adamu Bello (retd.), Katsina State; Hannatu Mohammed (Jigwa State); Olubukola Balogun (Lagos...

Women Protest Election Results In Rivers

NewsDeskNgMar 15, 2023March 15, 20230

Women on Wednesday protested the February 25 election results at the Independent National Electoral Commission office in Port Harcourt, Rivers State. They wore black and carried placards with inscriptions conveying their grievances. Some of the placards read, “INEC Rivers State is not for sale,” “INEC we are watching,” and “INEC...

Kaduna Police Kill Bandit, Recover AK47 Rifle

NewsDeskNgMar 14, 2023March 14, 20230

The Kaduna State Police Command in Kaduna said its operatives killed a bandit and recovered one AK-47 rifle with two rounds of live 7.62x39mm ammunition. The Command Public Relations Officer, DSP Mohammed Jalige, confirmed the development in a statement on Monday. Jalige said, “On March 13, operatives of the Command...

Naira Policy: Senior citizens are suffering, NUP tells Emefiele

NewsDeskNgMar 14, 2023March 14, 20230

Nigeria Union of Pensioners (NUP) has said the naira scarcity; caused by the Central Bank of Nigeria (CBN) policy has thrown many families, including that of the pensioners into a state of hunger and hopelessness. The Union lamented that pensioners are the worst hit by the policy that “has reduced...

Diri to CBN: obey Supreme Court ruling on old Naira notes

NewsDeskNgMar 14, 2023March 14, 20230

Bayelsa State Governor, Senator Douye Diri, on Monday urged the Federal Government and the Central Bank of Nigeria (CBN) to obey the Supreme Court ruling on the old Naira notes in order to ameliorate the suffering occasioned by the cash crunch on Nigerians. The Bayelsa governor said going by the...

CBN says old N200, N500, N1,000 notes remain legal tender till Dec 31

NewsDeskNgMar 14, 2023March 14, 20230

Central Bank of Nigeria (CBN) has said old N200, N500, N1,000 banknotes remain legal tender till December 31, 2023. The apex bank’s Acting Director of Corporate Communications, Isa AbdulMumin disclosed this in a statement on Monday. The CBN also said Deposit Money Banks operating in Nigeria have been directed to...

Fire Razes Shops At Singer Market In Kano

NewsDeskNgMar 13, 2023March 13, 20230

Fire razed some shops and the upper building of the old Savannah Bank building at Singer market in Kano State in the early hours of Monday. In a viral video shared on Twitter, people can be seen trying to put off the fire and sort out goods not yet damaged...

Naira swap policy: Nigerians are dying daily, ACF tells Buhari

NewsDeskNgMar 13, 2023March 13, 20230

Ten days after supreme court order, restraining the Central Bank of Nigeria, (CBN) from going ahead with it’s naira redesigned policy, Northern group under the auspices of the Arewa Consultative Forum (ACF) has called on president Muhammadu Buhari and the CBN Governor, Godwin Emefiele, to obey the supreme court judgement...