Author: Prime Times

Following the unfortunate crash of a Nigerian Air Force MI-35P attack helicopter in Port Harcourt on Friday, 1 December 2023, the Chief of Air Staff, Air Marshal Hasan Abubakar travelled to Port Harcourt to assess the situation, visit the crew and encourage the personnel of 115 Special Operations Group (115 SOG). While addressing the personnel of 115 SOG, Air Marshal Abubakar encouraged them to see the setback as a setup for a resilient comeback, channelling efforts toward thwarting the activities of economic saboteurs and countering oil theft. This is contained in a statement signed on Sunday by Edward Gabkwet Air…

Uba Maigari Ahmadu’s multilayered policy approach inclusive of establishing a technical working relationship with the Federal Ministry of Innovation, Science and Technology for the promotion of its welding policy and support for the Technology Innovation Centres across the country, the Nigerian Investment Promotion Commission (NIPC), Small and Medium Enterprises Development Agency (SMEDAN), National Agency for Science and Engineering Infrastructure (NASENI) the Metallurgical Training Institute and the National Steel Raw Materials Exploration Agency are being rejigged and repositioned to carry out their core functions of providing high-quality training, promote research and development, offer consultancy services, enhance capacity building, and foster collaboration…

Central Bank of Nigeria (CBN) has mandated the enforcement of the use of Bank Verification Numbers (BVN) and National Identity Numbers (NIN) for all bank transactions starting from March 1, 2024. The CBN’s circular, jointly signed by Chibuzo Efobi, Director of Payment System Management Department, and Haruna Mustafa, Director of Financial Policy and Regulation Department, outlines the implementation of the new policy. Effective immediately, no new Tier 1 accounts or wallets can be opened without BVN or NIN. The directive added that, “For existing accounts without BVN or NIN, unfunded accounts will be placed on “Post No Debit or Credit”…

The Central Bank of Nigeria (CBN) has appointed Mrs Hakama Sidi Ali, as its new Acting Director of Corporate Communications. Mrs Ali who is a prominent member of the Nigeria Institute of Public Relations (NIPR), she served as Deputy Director in the same Department at the Bank before her new appointment. The NIPR has for years sustained the campaign to stop government agencies, individuals and corporate organisations from the illegal practice of appointing non-professionals and quacks as spokespersons. The PrimeTimes gathered that the new CBN spokesperson is a 1992 graduate of the Bayero University, Kano, where she bagged a Bachelor…

In a bid to stop incessant encroachments of roads by marketers, as well as indiscriminate dumping of refuse, the Kwara State Government has again embarked on sensitisation and advocacy to Ganmo community, in Ifelodun Local Government Area of Kwara State, to ensure healthy living of the people. In a statement signed by the Press Secretary of the Ministry of Environment, Malam Yakub Kamaldeen Aliagan, Press Secretary stated that, “The State Commissioner for Environment, Mallam Shehu Ndanusa Usman disclosed this today during a courtesy call on the Oniganmo of Ganmo, Oba Kamaldeen Jimoh Akanbi, in his palace.” According to the…

Supreme Court of Nigeria has ruled on that the Old Naira notes will remain legal tender in Nigeria till further notice. Recall that in March 2023, the apex court had extended the deadline to phase out old Naira notes to December 31, 2023. In addition, the federal government also filed for an extension for the old naira note on November 21, 2023. Meanwhile, the federal government explained that if the Supreme Court rejects its plea to extend the circulation duration of old notes, the nation could face a renewed threat of a national, economic, and financial crisis. This scenario parallels…

Fidelity Bank set to host 2 days of Family Entertainment …announces maiden edition of its Fidelity Family Weekend Fiesta. In the spirit of the Yuletide, leading financial institution, Fidelity Bank Plc, has announced plans to host the maiden edition of the Fidelity Family Weekend. Scheduled to hold on Saturday, 16 and Sunday, 17 December 2023 at the Fidelity Grounds, Oniru, Victoria Island, Lagos, the event is designed to create a fun and relaxed atmosphere for children to play, parents to relax and young adults to unwind during the festive season. “The Yuletide season is all about coming together and spending…

Amb. Chief (Dr.) Lancelot Oduwa Imasuen, a cinematic maestro, trailblazing leader, and dedicated humanitarian, whose profound impact on Nollywood had garnered widespread acclaim and global recognition is still not resting on his oars. Still basking in the euphoria of his world acclaimed successful International Student Film Festival, ISFF, at The Premier University, Igbinedion University, Okada, Edo State, the Africa’s most consistent filmmaker was honored minutes ago by Corporate institute of strategic research, CISR, Abuja – Nigeria with a PhD degree. The Institute that is in collaboration with Global Centre For Advance Strategic Research, UK, today at Amatu Braide Hall, University…

All banknotes issued by the Central Bank of Nigeria (CBN), in accordance with Section 20(5) of the CBN Act 2007, will continue to remain legal tender, ad infinitum, even beyond the initial December 31, 2023, deadline. The Central Bank of Nigeria is working with the relevant authorities to vacate the subsisting court ruling on the same. By Abdulrahman Aliagan, Abuja The Central Bank of Nigeria (CBN) has reassured Nigerians that both the old and the redesigned Naira banknotes are remain legal tender for day-to-day transaction in Nigeria. This is contained in a press statement issued on Tuesday, signed by the…

…Of an Exemplar Traditional Ruler Mai Martaba Sarkin Ilorin, Dr. Ibrahim Sulugambari, CFR By Mohammad Abdulkadri, anipr Traditional Institution in Nigeria, Ilorin Emirate Council in particular has  undergone phases of distinctingly discerning and deserving historical watersheds. This evolutionary narrative is  exemplified and amplified by  successive government’s  recognitions of the institution, dating back to the Pre- Colonial era. The tenures and times of the reigns of the various occupants of the exalted stool of the emirship of Ilorin may be similar but  certainly and comparatively, were never the same. The uniqueness of the time of each of the Emir of Ilorin in…