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Nigeria-Uganda relations gives birth to Odogwu bitters in Pearl of Africa

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  Kampala, Uganda:  Speaking at the launch of Odogwu Bitters drink from Nigeria at Skyz Hotel-Naguru, Uganda’s High Commissioner to the Federal Republic of Nigeria H.E   Nelson Ocheger  said that this initiative wouldn’t be possible if both countries didn’t enjoy wonderful bi-lateral relations. He said that while in Nigeria, the idea of launching this drink in Uganda was submitted to him and was positive about it and the fruits of the idea have been manifested. H.E Nelson Ocheger Uganda’s High Commissioner to the Federal Republic of Nigeria addressing during the launch of Odogwu Bitters. Photo by Julius Mugaga Tukacungurwa. Mr. Ocheger stressed that Uganda has policies that favor businesses and has always given incentives that attract investors/businesses worldwide. “We discussed with the proprietors of the drink with the help of Richytech International to establish a plant here which will not only produce bitters but also non-alcoholic drinks”. Stated Mr. Ocheger. “...

Spain’s World Cup exit to Morocco ‘cruel’ – Busquets

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 Sergio Busquets said Spain’s 3-0 defeat on penalties by Morocco was a “cruel” way to decide the World Cup last-16 clash on Tuesday after the teams drew 0-0. The midfielder’s spot-kick was saved by goalkeeper Yassine Bounou as the 2010 World Cup winners failed to score any of their penalties. “It was a pity. It was decided on penalties in the most cruel way,” said Busquets. “It was tough, very hard for us. We tried to wear them down, give them the run-around, find spaces. We lacked that little luck for the final ball.” Spain were also knocked out of Euro 2020 on penalties in the semi-finals by Italy. Busquets, 34, would not be immediately drawn on whether he would continue playing international football. “Now the most important thing is the national team and not me,” said the Barcelona player. “It’s a tough night and we have to pick ourselves up and use this as experience for our game. There are some very young players who this will help a lot.” Spain goalkeeper Unai Simon was the ...

CBN limits cash withdrawals to N100,000 weekly

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 …to limit POS withdrawals to N20,000 daily The Central Bank Of Nigeria has imposed fresh cash withdrawal limits on individuals and organisations, which takes effect from January 9, 2023. According to a new memo to banks issued on Tuesday and signed by the Director of Banking Supervision, Haruna .B. Mustafa, individuals will only be able to withdraw N100,000 per week ( from over the counter, Point of Sale Machines or the Automated Teller Machines), while organisations can access N500,000 per week. Banks have also been directed to load only N200 and lower denominations into their ATM. The memo read, “Further to the launch of the redesigned naira notes by the President, Major General Muhammadu Buhari (retd.), on Wednesday, November 23, 2022, and in line with the cashless policy of the CBN, all deposit money banks and other financial institutions are hereby directed to note and comply with the following: “1. The maximum cash withdrawal over the counter by individuals and corporate org...

President Muhammadu Buhari approves redesign, production, and circulation of new series of N200, N500, and N1,000 banknotes

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 CBN Governor, Godwin Emefiele says the issuance of new Naira banknotes, 20 years after last redesign exercise, will commence December 15, 2022. CBN says new and existing currencies shall remain legal tender and circulate together until January 31, 2023 when the existing currencies shall cease to be legal tender. CBN frowns at high rates of counterfeiting of N500 and N1,000 banknotes. CBN says Bank seeks to mop up about N3.32 trillion outside the banks’ vaults to take control of money supply in Nigeria. “The integrity of a local legal tender, the efficiency of its supply, as well as its efficacy in the conduct of monetary policy are some of the hallmarks of a great Central Bank,” – Emefiele CBN faults hoarding of banknotes by members of the public; says over 80 percent of currency in circulation are outside the vaults of commercial banks. CBN directs all Deposit Money Banks currently holding the existing denominations of the currency to begin returning these notes to the CBN immedi...

BREAKING: CBN To Redesign N200, N500 And N1,000 Notes

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The Central Bank of Nigeria has announced that the N200, N500 and N1,000 Naira notes would be re-designed and circulated in December.  The CBN Governor made this announcement on Wednesday, during a press briefing in Abuja. Some Nigerians on Twitter reacted to this new development with most of them saying the Naira notes re-design shouldn't be the priority for Nigeria. A popular tweep, Daniel Regha, tweeted, “CBN doesn't need to re-design N200, N500 & N1,000 notes, that's a misplaced priority. Naira is literally worthless at this point, the CBN should be looking for how to increase its value, not redesign the notes. This present govt keeps fai!ing Nigerians but some people don't learn.” “In the face of flood threatening some parts of the country and in a time of inflation, CBN is set to re-design N200, N500 and N1,000 notes.” Tola tweeted.  Adepoju Samuel asked, “Is this our priority now? CBN to redesign N200, N500 and N1,000 notes." CBN knowing fully well that ...

Peggy Ovire & Frederick Leonard Are Engaged!

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    Peggy Ovire & Frederick Leonard Are Engaged! Peggy Ovire  is engaged! Her fiance, Nollywood actor and “ Grey ” co-star  Frederick Leonard , chose to propose to the gorgeous lady on her birthday this past Saturday. She announced the exciting news on Instagram with the caption; You were First My Best Friend, You Always Said “Peggy I’ll Make You a Happy Woman” Keep praying for me. I’ll give you the finest things in life. I”ll Love You Right, Everyday you come through & Yesterday You gave me a shocker Again lol I have Watched You Grow, Blossom & keep to those Promises. It’s not been a Rosy Road, This Man Right here! For the First Time I don’t know what to Say to you , But thank you for Loving this Stubborn girl Hopelessly. May God’s Favor Never depart from your life, May God make his light to shine on you, May good health, Prosperity, Long life be yours IJN .Amen My Husband, The Crown On My Head @freddieleonard Cheers to Forever

#BBNaija: Whitemoney wins 6th edition of Big Brother Naija

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  White Money has won the Bbnaija season 6 Reality TV show.   White Money, real name Hazel Oyeye Onou, beat the last three contestants Liquorose,  Pere and Cross to win the grand prize of N90m. In the finale, Emmanuel and Angel were first evicted , before Cross and Pere leaving Liquorose with White Money as top two finalists.   The Enugu born entertainer will be getting a cash prize of N30 million and a two bedroom flat courtesy of Renovation Plus   He will also get Innoson IVM G40, a TravelBeta travel package for two (a trip for two to Dubai, including Airport Transfer and Tours), Cash in Abeg Wallet;  cash prize from Patricia, a weekend getaway to Seychelles courtesy Diageo; and cartons of Dairy products from Arla, makers of Dano in addition to a Pepsi supply for 1 year. Whitemoney will also be getting packs of Munch It and merchandise; Tecno Products, including the Tecno Phantom X mobile phone, WAW Detergent Cartoons and Hawaii S...