The Central Bank of Nigeria has asked Nigerian Deposit Money Banks and Other Financial Institutions to enhance their monitoring of transactions with firms and individuals in and out of Cameroon, Croatia, and Vietnam. This was stated in a circular titled FPR/AML/PUB/BOF/001/029, which was published on Thursday by Mr Chibuzo Efobi, Director, Financial Policy and Regulation. According to the CBN, Nigerian banks and other financial institutions should monitor transactions with such nations since the Financial Action Task Force recently placed them on a grey list. The Financial Action Task Force is an international body whose purpose is to develop and promote…
Author: meridianspy
Former governor of Ekiti State, Ayo Fayose, stated on Thursday that he will not hesitate to criticise President Bola Tinubu if he breaks any of his campaign pledges. Fayose also stated that he will never quit the Peoples Democratic Party, PDP, to join the ruling All Progressives Congress, APC. The former Ekiti State governor disclosed this after meeting with President Bola Tinubu behind closed doors at the Presidential Villa in Abuja. He said he will be the first to criticize the president if he goes back on campaign promises. Speaking to State House correspondents after the meeting, Fayose however noted…
The Chairman of the All Progressives Congress (APC), Abdullahi Adamu has said that, the party will support the principal officers announced by the Senate President Godswill Akpabio and Speaker House of Representatives, Abbas Tajudeen. Adamu who was summoned by the president, Bola Ahmed Tinubu, to the state house on Wednesday, along with the Party Secretary, Dr. Iyiola Omisore, over the party chairman’s comment on the announced National Assembly principal officers. Recall that the ruling party was thrown into a temporary crisis on Tuesday when the National Chairman rejected the principal officers announced by Senate leader and House of…
Nigerian-born American Lecturer, Professor Uju Anya, has slammed Darius Jackson, actress Keke Palmer’s baby daddy, for criticising her attire at a recent event. Palmer and Jackson welcomed their first child together, Leodis Andrellton Jackson, only four months ago. Report that Jackson had taken to Twitter to call his baby’s mother out over her outfit to Usher Raymond’s event in Las Vegas, Wednesday. Jackson slammed Keke over her outfit choice for the event. He tweeted: “It’s the outfit tho. you a mom.” Jackson continued tweeting: We live in a generation where a man of the family doesn’t want the wife…
The Federal High Court in Abuja has granted bail to Deputy Commissioner of Police (DCP) Abba Kyari, who is facing charges related to drug trafficking. The court’s decision came after a bail application was filed by Kyari’s legal team, DCP Abba Kyari, a highly regarded officer in the Nigeria Police Force, had been implicated in a case involving alleged links to a notorious fraudster, Ramon Abbas, also known as Hushpuppi. Kyari was accused of receiving bribes from Abbas in exchange for facilitating the arrest and detention of a rival gang member. During the court proceedings, Kyari’s legal team argued…
Power consumers, on Wednesday, kicked against the export of about N23.13bn worth of electricity from Nigeria to some neighbouring countries in 2022 despite the widespread darkness witnessed in many Nigerian communities. The latest data on the remittances by international customers, obtained from the Nigerian Electricity Regulatory Commission in Abuja, showed that Nigeria continued its export of electricity to the Republics of Benin and Niger, as well as some special categories of consumers. It was observed that the total value of exported electricity from Nigeria in 2022 was $50.98m (N23.5bn, at the official exchange rate of N461/$ as of last year).…
After 10 years of setting the world record on kiss-a-thon, the kissing marathon of Guinness World Record (GWR), in Thailand, as the longest kissing lasted for 58 hours, 35 minutes and 58 seconds. The government of Ekiti has banned a recent planned of 72-hour kissing marathon in the state to set a new record for GWR, allegedly billed for July 7 in the state. In a letter signed by A.L Adelusi on behalf of the ministry’s permanent secretary, and addressed to the secretary of the Ekiti state Hoteliers Association, the government described the event as “unhealthy, immoral”, and capable…
Tinubu to Start Loan Repayment of $500 Million Eurobond Debt in Jul President Bola Tinubu’s government will go on its first debt-servicing operation this July to redeem a $500 million Eurobond. Records from Debt Management Office shows that a $500 million Eurobond loan is due for repayment this month in accordance with its terms. According to Nairametric, Nigeria may have paid the bond or planned repayment for July 2023. Eurobonds are typically repaid using Nigeria’s external reserves or through specific funds set up for external bond repayments. While this gives the Tinubu administration a cash flow breather it still portends…
Ahead of the 2024 Edo State Governorship Election, the National Chairman of the Labour Party, Comrade Julius Abure, has initiated a sensitization and reconciliation move to unite party members in the state. Towards this end, he has embarked on a weeklong sensitization tour of the state building on the overwhelming success recorded by the party in the state during the 2023 Presidential Election. Acting National Publicity Secretary of the party, Obiora Ifoh said this in Abuja, on Wednesday. According to him, “Abure has also set up several committees to reconcile the aggrieved members even as he charged the state leadership…
Auwal Usman, 32, was convicted by a Bauchi State Chief Magistrates’ Court for using a machete to chop off his friend’s two hands in the state. Haruna Mamma, the presiding judge, found Usman guilty of cutting his friend’s hands with a machete after a physical struggle. Musa added that during the fight, the convict brought out a machete and cut the two hands of his friend. While one hand fell down, the remaining one was left hanging. Musa added, “Abduwa was rushed to the Ningi General Hospital for medical attention where the remaining hand was amputated to save his life…
Mark Zuckerberg, CEO of Meta, has stated that the company’s newly launched Threads app hit five million sign-ups in its first four hours. He said the app aspires to outperform Twitter. Zuckerberg, while responding to questions in an interview, he said, the programme allows users to publish up to 500 characters and is similar to Twitter in many ways. According to experts, Threads could appeal to Twitter users who are dissatisfied with recent platform tweaks. Elon Musk, the CEO of Twitter, reacted to the debut of Threads by claiming that he would rather be harassed by strangers on Twitter than…
Lil Boosie, an American rapper, has created a stir on the internet with a request he made of Nigerian famous singer, Davido. On Wednesday, July 5, he turned to Twitter to request that the Holy Ground singer phone him as soon as possible. The Hip Hop musician stated that he had signed two of the ‘hottest’ Afrobeats artists with whom he wishes to collaborate with the DMW chief. Boosie urged Davido to seek DaBaby for his phone number, which infuriated fans and sparked a backlash. He wrote; “@davido bro I need you to call me ASAP! I just signed…