UncleSam's BLOG news

The Supreme Court on Wednesday temporarily halted the move by the federal government to ban the use of the old naira notes from February 10, 2023. A seven-member panel led by Justice John Okoro, halted the move of the federal government in a ruling in an exparte application brought by three …

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has confirmed the discovery of N258million stashed in the head office of a bank in Abuja. The operation was part of efforts to get the institutions to comply with the Central Bank of Nigeria (CBN) directive on the distribution of …

The Group Chief Executive Officer, Nigerian National Petroleum Corporation Limited, Mele Kyari, has assured Nigerians that the lingering fuel scarcity will ease off next week. Kyari said this in a video clip shown on Channels Television on Tuesday evening. He however said he could not assure that the queues at …

However, the state PDP Campaign rally in the Ogu/Bolo Local Government Area on Tuesday, Wike said the government reapproved the use of the venue after pleas by many personalities. Rivers State Governor, Nyesom Wike says the state government has re-issued the approval for the National Working Committee of the Peoples Democratic …

Gov Abiodun engages CBN over cash crunch Touts and street urchins may have hijacked the on going Naira scarcity to increase the plight of Nigerian citizens genuinely thronging the various Automated Teller Machines across the country to withdraw cash for their daily activities. Daily Sun investigations revealed that the touts now invade …

Over 50 per cent of Point of Sale operators have closed their shops as scarcity of new and old naira notes bites harder, it has been learnt. The National Chief Aggregating Officer of the Association of Mobile Money and Bank Agents in Nigeria, Hussein Olanrewaju, who made this disclosure on Monday, said the …

The Nigeria Union of Teachers (NUT), has concluded plans to file trade dispute suits with the Registrar of Trade Unions against state governments that have refused to implement the N30,000 minimum wage. The leadership of the teachers’ union said the action became necessary after some “non-cooperative” state governors blatantly refused …

The Economic and Financial Crimes Commission (EFCC) says it has arrested the operations manager of a commercial bank in the federal capital territory (EFCC) for hoarding N29 million of the new naira notes.The anti-graft agency shared details of the arrest in a statement released on Monday. The EFCC said the …

Actress Yetunde Bakare has begged fathers to conduct DNA tests on their children at birth.She noted if it would require them to save for a long or even borrow for the test, they should by all means do so.According to her, with the increasing rate of dishonesty-cum-paternity fraud in recent …

IT was three ‘n queasy for Cristiano Ronaldo as he shared his 38th birthday joy. The legend strictly controls his diet – so he might feel faint just sniffing the trio of cakes unveiled on his big family day. Cristiano Ronaldo is widely considered as the greatest footballers of all …