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  The month of January 2023 recorded the highest number of mobile money transactions since its inception at 108 million, numbers released by the Nigeria Inter-Bank Settlement System (NIBBs) has revealed. This is coming on the back of the Central Bank of Nigeria’s (CBN) stance on its cashless policy. This peak is also a ripple effect of the naira redesign that has steered more Nigerians to using alternative mode for transactions.   The NIBBS figures showed that a total of 108.135 million transfers were made in the month of January while the value of mobile transactions in September 2022 stood at N2.37 trillion. Analysis of the numbers showed that although the volume of transactions peaked in January, the value of transactions via mobile money declined marginally from N2.48 trillion in December but grew by 44 per cent compared with N1.05 trillion in January 2022. Also, the value and volume of electronic transactions done through the Nigeria Inter Bank Settlement System Inst...

 In defiance of the Supreme Court order, the Central Bank of Nigeria, CBN, declared that the old naira notes of N200, N500 and N1000 have ceased being legal tender in Nigeria since February 10, 2023. CBN’s branch controller in Bauchi Haladu Idris Andaza made the declaration while briefing journalists on Monday in Bauchi. Last week, an ex parte order of the Supreme Court restrained CBN from implementing the February 10 deadline to stop the circulation of the old naira notes. But, Andaza insisted the old naira ceased being legal tender on February 10. “For the avoidance of doubt, CBN is ready and is open to receiving all of those old notes based on certain conditions and criteria. “Customers are free to come to the bank and deposit, which they cannot do at the commercial banks anymore because the currency has ceased to be a legal tender since the 10th of this month,” he stated. DAILY POST reported that commercial banks are rejecting old naira deposits from customers in Ilorin, the ca...

  Raheem Sterling, who missed this morning’s training session due to the setback he suffered prior to the draw at West Ham, remains behind but otherwise it is a strong squad selected by Graham Potter. Wesley Fofana is named in our travelling party for the first time since the 3-0 win over AC Milan in this competition back in October. Denis Zakaria also returns from injury, having missed our last three games. Mykhailo Mudryk, who was directly involved in five goals in six Champions League appearances for Shakhtar Donetsk this season, is one of three January additions in our squad. Enzo Fernandez and Joao Felix will also be looking to make their first appearances in Europe for the Blues. Full-backs Reece James, Ben Chilwell, Marc Cucurella and captain Cesar Azpilicueta all boarded the plane – the latter of which will speak to the media in tonight’s press conference at 6pm (UK time), alongside head coach Graham Potter. Chelsea’s travelling squad; Kepa Arrizabalaga Enzo Fernandez Thiag...

The Supreme Court has said its February 8 order barring the Federal Government and its agencies from enforcing the February 10 deadline for the use of old 200, 500 and 1000 naira notes still subsist. The court made the clarification on Wednesday following complaint by lawyer to Kaduna, Kogi and Zamfara states, Abdulhakeem Mustapha (SAN) that the Fed Govt and its agencies have failed to comply with the order and have allegedly directed the rejection of the old notes. Mustapha said the plaintiff filed a notice of none-compliance with the order of the court order made on February 8. And demanded that the court take action against the respondent to protect the dignity of the court. He added: “That order has been flouted by the government. We are talking of executive lawlessness here. We have filed an affidavit to that effect…We want the court to renew the order for parties to be properly guided.”  

 The legal situation of Dani Alves is getting worse every day, and is that the former player of Pumas and Barcelona, now a Spanish journalist revealed that the Brazilian confessed that if there was penetration to the 23 year old girl who has sued him, so now justice has more arguments to go against the accused. The alleged confession of Dani Alves "He has recognized that the sexual act was consummated through penetration", were the statements of Carlos Quílez, journalist of Antena 3 of Spain. In case the information is true, it is already the fourth time that Dani Alves changes his statement, and that will play against the Brazilian player. All the versions that Alves had given until he confessed the penetration, were to hide the infidelity to his wife, the model Joana Sanz, who recently visited him in the Brians 2 prison in Barcelona. With this possible confession, the Brazilian's lawyers have to change the strategy and will focus on the fact that the act was with the ap...

  President Muhammadu Buhari has again drummed support for the presidential candidate of the ruling All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu, describing him as his long term ally. Speaking at the palace of the Sultan of Sokoto, Alhaji Muhammad Sa’ad Abubakar III, and at the APC rally in Sokoto, capital of Sokoto State, the President said Tinubu had demonstrated capacity, adding that he will do well if elected. He said: “He understands Nigeria very well and he is ever supportive of people wherever they may have come from in Nigeria. “I have gone with him to Nasarawa and Katsina and I am here with him today. I will also go with him to any other place. He is the candidate of our party. He emerged from a clearly transparent primary election. We therefore, have to follow him as the flagbearer of the party.” Appealing to the Sultan for support, the president said: “We are here to seek support and help. I am sure we will get the needed help.”

  Real Madrid are considering signing Borussia Dortmund striker, Karim Adeyemi to provide cover for Karim Benzema. That is according to Okdiario’s chief pundit, Eduardo Inda, who made the claims while speaking on El Chiringuito. Inda said that Real Madrid are looking at Adeyemi, who was born in Munich, Germany, to a Nigerian father and Romanian mother, as the player who can replace Benzema in the near future at Santiago Bernabeu. “Real Madrid are following many forwards. The need to have someone to replace Benzema was seen at the Bernabeu against Real Sociedad. When the turnaround comes, there’s a goal, there is that Madridista gene, but they need a second striker,” Inda said. “[They are] obviously not going to sign a star because they’ll come when Haaland’s clause can be executed. “Madrid are looking at a Borussia Dortmund striker. He’s a player who can play various positions up front. This is Karim Adeyemi.”

  A Federal Capital Territory, FCT, High Court has restrained the Central Bank of Nigeria, CBN, from extending the deadline for the use of the old naira notes. The court also ordered the CBN to fully implement the redesigned naira. Eleojo Enenche, presiding judge, gave the order while delivering ruling in a suit marked FCT/HC/CV/2234/2023, on Monday. “An order of interim injunction is hereby made restraining the defendants whether by themselves, staff agents, officers, interfacing banks or whosoever not to suspend, stop, extend, vary or interfere with the extant termination date of use of the old N200, N500, and N1000 bank note being 10th day of February, 2023, pending the hearing and determination of motion on notice,” the court held. The CBN had set January 31st as the deadline for the exchange of old naira notes with the redesigned ones. CBN had redesigned N200, N500, and N1000 notes. Amid the outcry that occasioned the scarcity of the naira, the apex bank had extended the deadl...

  The presidential candidate of the Peoples Democratic Party, Atiku Abubakar, on Sunday, urged Nigerians not to allow the results of the 2023 presidential election to be determined by “bullion vans.” In a newsletter sent to our correspondent, the former vice-president and serial presidential candidate urged Nigerians to channel frustrations accrued from the scarcity of naira and fuel to vote out the ruling All Progressives Congress. “A few days ago, I had cause to make a statement on the currency conversion policy of the federal government. In the said statement, I aligned my position with an upsurge of demands for a slight extension of the January 31 deadline. “While commending the magnanimity of the CBN for such an extension, it would be pertinent for the agency to take urgent measures and make the new currency available and accessible to the public. This is necessary to ease the ongoing hardships and frustration that have become manifest in our people across the country.” Speaki...

  Chelsea boss, Graham Potter has allowed Hakim Ziyech to join Lionel Messi, Kylian Mbappe and Neymar at Paris Saint-Germain. The Moroccan has agreed a move to leave Chelsea and is set to sign for the French champions. Ziyech has spent three underwhelming seasons at Chelsea following a £33m move from Ajax in 2020 but many thought his performance at the 2022 World Cup would have been a turn around. The 29-year-old has failed to impress successive Chelsea managers. With the arrival of Joah Felix and Mykhailo Mudryk at Stamford Bridge this January, the Moroccan game-time will only suffer more. Ziyech is now closing in on a winter move to French champions, PSG. Ziyech has already agreed to join PSG, who are in advanced talks with Chelsea over a deal. Chelsea and PSG are optimistic of reaching an agreement, with the Blues keen on raising some funds following a heavy period of spending under Todd Boehly.

 The Department of State Services, DSS, has arrested some members of an organised syndicate selling the new Naira notes in parts of the country. Although the DSS did not disclose the names and locations of the suspects, the agency said in a statement on Monday that some commercial bank officials were aiding and abetting the act. The statement signed by the Public Relations Officer of the DSS, Dr Peter Afunanya, warned that the Service would go after those involved in the malfeasance. The statement said, "The Department of State Services (DSS) hereby informs the public that it has intercepted some members of organised syndicates involved in the sale of the newly redesigned naira notes. In the course of its operations, in this regard in parts of the country, it was also established that some Commercial Bank officials are aiding the economic malfeasance. "Consequently, the Service warns the currency racketeers to desist from this ignoble act. Appropriate regulatory authorities a...

Dani Alves  Dani Alves remains behind bars in Brians 2 Prison, located in Sant Esteve Sesrovires, near the Catalan capital of Barcelona. He was taken to jail more than a week ago after being accused of an alleged a sexual assault in a nightclub. His lawyer, Cristabal Martell, is expected to file an appeal to request the provisional release of the Brazilian right-back. Meanwhile, La Vanguardia has published an article this Sunday in which they reveal how Alves' life in prison is, according to multiple sources, a mix of people who are official, unofficial, inside and outside the penitentiary center. The Catalan newspaper has indicated that Alves' "adaptation is being exemplary". How is Dani Alves' life in prison? They even reveal that Alves, who was arrested on January 20, accused of a sexual assault allegedly committed in the Sutton nightclub in Barcelona on December 30, has already played his first football match with the other inmates. It happened last Thursday a...

  The Central Bank of Nigeria (CBN) has launched the Nigerian National Domestic Card Scheme, AfriGo, aimed at creating a more robust payment system that would drive financial inclusion in the country. CBN governor, Godwin Emefiele, has said that transaction charges on all cards would henceforth be paid in Naira, except for international transactions. Emefiele said the card, which will function like other international payment cards, is aimed at boosting financial inclusion in the country and reducing dependence on foreign cards. He added that "by this initiative, will therefore be joining countries like China, Russia, Turkey and India which have launched domestic card schemes and harnessed the transformative benefits for their respective payments and financial systems, particularly for the underbanked." The national domestic card is expected to rival Visa and Mastercard, the market's biggest players. The announcement follows last year's decision to phase out old highe...

 The Apex bank of Nigeria  announced a 10-day extension of the deadline for the use of old naira notes across Nigeria. The CBN governor, who spoke to journalists Sunday morning, said he had the approval of President Muhammadu Buhari for the extension. The new deadline is now 10 February instead of the former 31 January deadline, he said. Mr Emefiele spoke in Daura, Katsina State, after a meeting with the president who is in his home state for official duties. Mr Emefiele said Nigerians, who are yet to change their naira notes from the old to new ones, now have an opportunity to do so. He said people must utilise the opportunity because the deadline will not be extended again. PREMIUM TIMES reported how the CBN last October introduced redesigned 200, 500 and 1000 naira notes and gave a deadline of 31st January for the use of the old notes.

  The suspects The unfortunate incident happened on Sunday 29TH January, when the suspected hijacker (left above) pretended to be a customer to a bet shop. The suspect had with him all necessary tools to lose any kind of lock he might encounter. After successfully carrying out the act, little did he know that people around took notice of his movement around the bet shop and its environ.  A good Samaritan along with him some wellwishers tracked him down to where he intended to sell the motorcycle(suspected buyer right above), the stolen motorcycle was seen at buyer's shop with the hijacker already negotiating the selling price. Both suspected has being handed over the law enforcement agent.The unfortunate incident happened in Saki,Oyo state.

 Limiting your eating to an eight-hour window could help boost your longevity, according to a doctor. While longevity can be a difficult goal to achieve, “easy” lifestyle changes could go a long way. Starting your day with breakfast at 11am boosts your longevity with gusto. In fact, this eating protocol could help reduce your risk of serious health problems like type 2 diabetes and heart disease.

Following the recent announcement by Airtel Nigeria, three out of the four mobile network operators in Nigeria are now offering eSIM (embedded SIM) service. The two others are MTN Nigeria and 9mobile, who were the first telecom operators approved by the Nigerian Communications Commission (NCC) to commence the trial of the service in 2020. eSIM is seen as the next step in the evolution of Subscriber Identity Modules (SIM cards) as it is designed to deliver unprecedented freedom and flexibility. Unlike the physical SIM, you do not need to insert an eSIM into your phone as it is already built into your smartphone, device or wearable. You simply activate the eSIM with your account profile and you are ready to enjoy all the services you normally would with a physical SIM. Benefits of eSIM: eSIM allows you to have more than one phone number assigned to your smart device. It is beneficial for people who want to manage personal and business lines. The possibility of losing or damaging your SIM...

  Some major roads in Osogbo and Ilesa were on Saturday blocked by protesters, said to be displeased with the decision of the Election Petition Tribunal that sacked Senator Ademola Adeleke as governor. The protesters, who prevented vehicular movement along Osogbo/Ikirun road, also blocked Gbongan/Osogbo road to traffic and beat up many commercial motorcyclists that were operating in the town. While many commuters were stranded and had to trek long distances to their destinations, many business places did not open to customers over the fear of attack by the hoodlums. At Igbona Area, the convoy of the State Commissioner of Police, Mr Kehinde Longe, was stopped by some people believed to be members of the transport management committee. An eyewitness, who witnessed the incident said operatives that were in the convoy of the CP later cleared the barricade and moved on. At Ilesa, the popular Roundabout was blocked to traffic, forcing commuters to take alternative routes to their various...

  The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday declared that the January 31, 2023 deadline fixed by the apex bank for the return of old N200, N500 and N1,000 banknotes would not be extended. Emefiele, rather, urged those who might still be holding on to the old banknotes to turn them in, assuring them they would not be harassed by the anti-graft agencies. The CBN Governor’s comment came just as the Senate and House of Representatives members urged the banking sector regulator to extend the deadline. Both the red chamber and the green chamber requested for a six-month extension of the deadline. In addition, the House of Representatives set up an ad hoc committee to meet Managing Directors of banks and subsequently with the CBN over the public outcry on the cash withdrawal limit and scarcity of the redesigned naira. They also called on President Muhammadu Buhari to intervene in the matter. However, addressing journalists at the end of a two-day me...

  Nigerians and other immigrant students in the United Kingdom currently face a high-risk of deportation after completion of their studies following a row between UK Home Secretary Suella Braverman and the Department of Education. According to The Daily Mail, Braverman is currently seeking to cut down the amount of time foreign students can stay in the UK after graduation. The PUNCH reports that currently, immigrants who travel to Britain to study can stay behind two years after graduation. But the Department for Education is said to be resisting Braverman’s plan to cut that to just six months, after which they have to have a skilled job that makes them eligible for a work visa or leave the UK. The Daily Mail further stated that the development is the latest twist in a long-running row over foreign student numbers. “Braverman has committed to cut immigration and ‘substantially reduce’ the number of unskilled foreign workers coming to Britain, from 239,000 to the ‘tens of thousands’...