fbpx
Connect with us

News

Breaking:CBN Denies Ordering Banks To Collect Old Notes

Published

on

The Central Bank of Nigeria (CBN) has denied reports making the rounds that it has authorized deposit money banks to collect the old N500 and N1,000 banknotes.

In a statement by Osita Nwanisobi, CBN’s Director of Corporate Communications on Friday, the apex bank said for the avoidance of doubt the CBN is only reissuing and recirculating the old N200 banknotes and which is expected to circulate as legal tender for 60 days up to April 10, 2023, in line with President Muhammadu Buhari’s national broadcast on Thursday.

The CBN advised members of the public to disregard any message and/or information not formally released by the bank on this subject.

It also advised media practitioners to endeavour to verify any information from the correct sources before publication.

The statement reads in part;

The attention of the Central Bank of Nigeria has been drawn to some fake and unauthorized messages quoting the CBN as having authorized the Deposit Money Banks to collect the old N500 and N1,000 notes

For the avoidance of doubt, and in line with Mr. President’s broadcast of February 16, 2023, the CBN has been directed to ONLY reissue and recirculate the old N200 banknotes and this is expected to circulate as legal tender for 60 days up to April 10, 2023.

Members of the public should therefore disregard any message and/or information not formally released by the Central Bank of Nigeria on this subject.

News

Breaking: Man Sets Mosque Ablaze During Subhi Prayers

Published

on

A disturbing incident unfolded in Laraba Abasawa, Gezawa Local Government Area of Kano State as an unidentified man set fire to a mosque during the early hours of Wednesday morning.

The arson attack occurred while worshippers were observing the ‘Subh’ prayer, resulting in harm to members of the community.

According to reports from the Daily Trust, the assailant used petrol to ignite the fire, trapping approximately 40 worshippers inside the mosque. The perpetrator then locked the mosque, exacerbating the situation and hindering the victims’ escape.

A member of the community, who preferred to remain anonymous, recounted the harrowing ordeal, stating that it took some time for people outside to become aware of the incident and rescue those trapped inside. Eventually, bystanders managed to break open the mosque’s doors and rescue the worshippers.

Tragically, at least 20 worshippers sustained serious injuries in the attack and were promptly rushed to the Murtala Muhammad Specialist Hospital in Kano for medical treatment.

This reprehensible act of violence against worshippers has shocked the community and raised concerns about the safety and security of religious institutions in the region.

Authorities are expected to conduct a thorough investigation into the incident and apprehend the perpetrator to ensure justice is served and prevent similar incidents in the future.

Daily Trust

Continue Reading

News

Rep. Bichi Hails President Tinubu For Approving 238 Billion Naira Kano Northern Bypass Construction

Published

on

Rep Kabiru Abubakar Bichi

 

President Bola Ahmed Tinubu GCFR has approved the construction of the Kano Northern Bypass, marking a significant step towards enhancing the state’s infrastructure. The approval came during a session of the Federal Executive Council held on Tuesday, May 14, 2024.

The ambitious project, estimated to cost N238 billion ($580 million), promises to revolutionize transportation and commerce in Kano, positioning it as a key hub not only within northern Nigeria but across West Africa. The bypass is hailed as a long-awaited solution to traffic congestion and logistical challenges, expected to streamline the movement of goods and services.

Hon. Abubakar Kabir Abubakar, Member of the Bichi Federal Constituency and Chairman of the House Committee on Appropriations, expressed elation at the presidential nod for the project. He emphasized its potential to catalyze economic growth by facilitating the establishment of industrial clusters and generating employment opportunities for Kano’s burgeoning population.

The decision underscores President Tinubu’s commitment to prioritizing critical infrastructure development as a catalyst for socio-economic transformation. Acknowledging the significance of the investment, Hon. Abubakar extended gratitude to the president, voicing support from the people of Kano State.

In a statement of gratitude, he offered prayers for President Tinubu’s continued wisdom, health, and leadership, echoing the sentiment that under his guidance, the nation would ascend to greater heights.

The approval of the Kano Northern Bypass marks a milestone in Nigeria’s infrastructure development, promising tangible benefits for the region’s residents and businesses while signaling a broader commitment to national progress.

Continue Reading

News

17 year old found wearing belts suspected to be bomb

Published

on

 

By Asile Abel,Jos

Residents around the UBA bank in Dadin Kowa, Jos South, Plateau State has prevented a bomb attack after a seventeen year old boy, Benjamin Basil was found in the bank wearing belts packed with suspected Person Borne Improvised Explosive Device.

According to eye witness, the residents spotted the suspect strapped a bomb to his body and apprehended him before he could carry out his objective on Monday, 13th May

However, when asked why he was strapped and ready to detonate the explosives, he said he was forced by unknown Gunmen to forcefully get 100 million naira from the bank.

“I met some people who said if I don’t cooperate with them, they will explode me and I will just die. And everyone in the bank will die. Then I said, okay, I’m willing to cooperate. But first of all, let me try and document it. In the beginning of the note I wrote read from beginning to the end. Then I showed them. At that point I realized that they couldn’t read. So I took advantage of the situation.

“I Wrote to inform the cashier that I’m wrapped in suicide bomb at gunpoint. And I’m doing this against my will, I told him so that he will call for help. They also told me that when I come out With the 100 million naira Iam to collect from the bank in the two bags they gave me, twelve of their men will be waiting outside and they will collect the bag from me. Then they will disconnect the bomb from their own side”

Reacting to the incident while briefing the commissioner of Police Plateau state command, Emmanuel Adesina however denied that it was not a bomb, he explained that the individual, identified as Benjamin Basil, a student of Plateau State Polytechnic, Barkin Ladi Heipang Campus, entered the bank premises and threatened to detonate explosives unless his monetary demands were met.

Adesina while appreciating the swift action of police officers and local residents, added that the suspect was apprehended before any harm could be inflicted, averting a potential catastrophic incident.

He noted that the case of the suspected suicide bomber is presently under thorough investigation by the state Criminal Investigation Department (CID) to ascertain the veracity of his claims and identify any potential accomplices.

“On 13th May, 2024 at about 12pm, we received a distress call from UBA Sparkling Junction, Dadin Kowa, reporting a suspected armed robber who had entered the banking hall with suspected explosive devices tied around his body, and handed over a note to the cashier demanding for the sum of 100 Million naira under the threat that the explosives would be detonated if his request is not granted.

“The bank attendant immediately reported to the manager of the bank who swiftly reported to the Police at Rantya division and evacuated the customers from the bank. On sighting the Police vehicle, the suspect panicked and started running out of the bank. In the process, our Police officers posted at the bank saw him running and pursued him with the help of the youths in the area, the suspect was arrested. His name is Benjamin Basil male, a student of Plateau State Polytechnic, Barkin Ladi Heipang Campus.The case is currently under investigation at the state CID, to ascertain the validity of his claims and arrest possible suspects;”

Continue Reading

Trending