News Flash

Nov
10
2023
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By Abia ThinkTank
CBN Issues Fresh Directive On Old And New Naira Notes

CBN Issues Fresh Directive On Old And New Naira Notes

CBN/Commercial Banking, Economy, News Flash
CBN Issues Fresh Directive on Old and New Naira Notes The Central Bank of Nigeria (CBN) has instructed its branches nationwide to continue issuing both old and redesigned naira notes in ample quantities to deposit money banks. The directive comes on the heels of reports of cash scarcity in major cities despite earlier assurances from the CBN about sufficient cash availability. The CBN, in a statement signed by its Director, Corporate Communications, Isa AbdulMumin, has reiterated that all naira notes issued by the bank remain legal tender and should not be rejected by anyone. “We wish to state unambiguously that…
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Nov
10
2023
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By Abia ThinkTank
How 65 Out Of 85 Directors Fail FG’s Perm Sec Promotion Examination

How 65 Out Of 85 Directors Fail FG’s Perm Sec Promotion Examination

Abuja, Education, News Flash
How 65 Out Of 85 Directors Fail FG’s Perm Sec Promotion Examination Sixty-five directors in the Federal Civil Service have failed to meet the cut-off mark at the ongoing promotion examination for the position of Permanent Secretary with only 20 directors scaling through the exercise. Only 20 directors out of 85 initially invited to sit for promotion to the post of Permanent Secretary in the federal civil service have successfully scaled through the exercise. Head of the Civil Service of the Federation (HOS), Dr Folasade Yemi- Esan, announced this following the release of the results on Tuesday. Yemi- Esan emphasised…
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Nov
09
2023
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By Abia ThinkTank
Just-In: INEC Issues Certificate Of Return To Col. Akobundu

Just-In: INEC Issues Certificate Of Return To Col. Akobundu

Abia State, Abia Central, National Assembly, News Flash, Politics
INEC Issues Certificate of Return to Col Akobundu The Independent National Electoral Commission INEC has issued a certificate of return to Augustine Akobundu as the duly elected Senator Representing Abia Central Senatorial District in the National Assembly. This follows after the court of Appeal sitting in Lagos sacked Hon Darlington Nwokocha of the Labour Party. INEC had earlier in February 2023 declared Hon Darlington Nwokocha as the winner of the 25th February 2023 Senatorial election. SPECIAL ADVERT PROMO FOR 2023 IGBA-OTOMU, IGBA-UCHE, IGBA-EKPE, IZU-UCHE, IGBOTONMA AND IZA-AFA This is a special promo designed for our brothers, sisters, mothers, fathers etc…
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Nov
09
2023
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By Abia ThinkTank
Ilebaye Rocks Revealing Outfit To Davido’s Private Dinner

Ilebaye Rocks Revealing Outfit To Davido’s Private Dinner

Gossips, Entertainment, Lagos, News Flash
Ilebaye Rocks Revealing Outfit To Davido’s Private Dinner Big Brother Naija Allstars winner, Ilebaye stunned netizens with the outfit she wore to singer, Davido‘s private party. The event also had some notable Big Brother Naija housemates such as BBNaija Allstars runner-up, Mercy Eke, fellow contestants, Omashola and Kiddwaya. Ilebaye who one month ago went home with the sum total of N120 million was the most talked about attendant at the event. The 22-year-old Nigerian reality star attended the event without a bra. She wore a black strap to cover her nipple which was properly propounded underneath an unzipped white jacket.…
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Nov
09
2023
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By Abia ThinkTank
Report Policemen Who Forcefully Collect Your Phone – FPRO Advises Nigerians

Report Policemen Who Forcefully Collect Your Phone – FPRO Advises Nigerians

Crime, Abuja, News Flash, Security
Report Policemen Who Forcefully Collect Your Phone – FPRO Advises Nigerians The Force Public Relations Officer, Olumuyiwa Adejobi, has advised Nigerians to report any policeman who forcefully collects or searches their phones. Adejobi made this known on his X page on Tuesday. He wrote, “Report any policeman who forcefully collects and searches your phones or electronic equipment. It’s not proper, not professional. “They can only scrutinise your phone when such is subject to an investigation and already marked exhibit, and such is not done on the road. “So, any policeman who searches the phone on the road is deviant and…
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Nov
09
2023
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By Abia ThinkTank
President Tinubu Signs 2.176 Trillion Supplementary 2023 Budget

President Tinubu Signs 2.176 Trillion Supplementary 2023 Budget

Abuja, Economy, News Flash, Presidency
STATE HOUSE PRESS RELEASE PRESIDENT TINUBU SIGNS N2.1 TRILLION SUPPLEMENTARY 2023 BUDGET President Bola Tinubu signed the N2.176 trillion Supplementary Appropriation Act on Wednesday in Abuja to strengthen Nigeria's security architecture and address Nigeria's critical infrastructure deficit, amongst other considerations. The President signed the Supplementary Appropriation Act, 2023, in his office at the State House in the presence of Senate President Godswill Akpabio; Speaker of the House of Representatives, Rt. Hon. Tajudeen Abbas; Secretary to the Government of the Federation, Sen. George Akume; Majority Leader of the Senate, Opeyemi Bamidele; the Chairmen of the Appropriation Committees in the Senate, Sen.…
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Nov
09
2023
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By Abia ThinkTank
Wike Reintroduces Capital Gains Tax In Abuja; Property Owners To Now Pay 10% Of Every Assets Sold

Wike Reintroduces Capital Gains Tax In Abuja; Property Owners To Now Pay 10% Of Every Assets Sold

Abuja, IGR, News Flash
Wike Reintroduces Capital Gains Tax In Abuja; Residents To Now Pay 10% Of Every Assets Sold. The Nyesom Wike-led Federal Capital Territory Administration (FCTA) has constituted and inaugurated a Capital Gain Tax Implementation Committee for the FCT to boost Internally Generated Revenue (IGR). The Mandate Secretary, Economic Planning, Revenue Generation and Public-Private Partnership, Barr. Chinedum Kelechi, who inaugurated the committee on Tuesday, announced that the implementation was in line with the Capital Gains Tax (CGT) Act, Cap.CI LFN 2004 (as ). According to him, the Act imposes a CGT tax rate of 10% on the total amount of chargeable gains…
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Nov
09
2023
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By Abia ThinkTank
Abuja High Court Grants Bail To The Detained Governor Of The Central Bank Of Nigeria

Abuja High Court Grants Bail To The Detained Governor Of The Central Bank Of Nigeria

CBN/Commercial Banking, Crime, News Flash
An Abuja High Court sitting at Maitama on Wednesday granted bail to the detained Governor of the Central Bank of Nigeria Godwin Emefiele. The court, in a ruling by Justice Olukayode Adeniyi, ordered that he should be released to his lawyers. “There must be an end to detention without trial,” the judge held, stressing that it was the refusal of the Economic and Financial and Crimes Commission, EFCC, to comply with the order the court made on November 2, that led to the ruling. Besides, the court held that it could not allow Emefiele to remain in custody owing to…
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Nov
09
2023
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By Abia ThinkTank
Tragedy As Woman In The Viral “Mummy Calm Down” Video Reportedly Commits Suicide

Tragedy As Woman In The Viral “Mummy Calm Down” Video Reportedly Commits Suicide

Mishap, News Flash, South South
Woman In The Viral ‘Mummy Calm Down’ Video Reportedly Committed Suicide The woman in the viral ‘Mummy Calm Down’ has reportedly committed suicide in Benin, Edo state. According to reports reaching AttNews, the mother of 3 refused to disclose her predicament to anyone. Announcing the tragic event, an X user, Sammydo214 said: The woman in the viral Mummy Calm down Video has just committed suicide here in Benin. She refused to speak to anyone about her problems.She left 3 kids for her husband including the popular Mummy Calm down boy. Reactions has trailed the very sad development. See some reactions…
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Nov
09
2023
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By Abia ThinkTank
Betta Edu In Abeokuta Market, Expresses FG Readiness To Lift 100,000 People From Poverty Through Subsidized Adore Production Scheme

Betta Edu In Abeokuta Market, Expresses FG Readiness To Lift 100,000 People From Poverty Through Subsidized Adore Production Scheme

Business, Economy, News Flash, Women Empowerment
💥BOOM Betta Edu In Abeokuta Markets, Expresses FG Readiness To Lift 100,000 people from poverty through Subsidize Adire production scheme. It was excitement for the market men and women in Itoku and Asero Markets in Abeokuta, the Ogun State Capital, as the Minister for Humanitarian Affairs and Poverty Alleviation,Dr Betta Edu announced the readiness of President Tinubu's Renewed Hope Agenda to support locally produced Adire for local and international Market. She also took time to sensitize the market women on the market monies program and other social safety net programs from the ministry. The Minister said federal Government will invest…
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