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Hamda Ambah

Central bank: Spraying, hawking of naira notes to attract jail term

Nigerians who sell new naira notes or spray cash at parties will now be tried at mobile courts and sent to six months jail as the Central Bank of Nigeria (CBN) mulls increasing the number of items on the not eligible for foreign exchange.

Money laundering: Banks’ brainstorm over new central bank sanction regime

The new Anti Money Laundering/Counter Financing Terrorism (AML/CFT) sanction regime announced by the Central Bank of Nigeria (CBN) has triggered a series of top management brainstorming sessions amongst banks over implications and implementation.

Central bank gives ultimatum to exporters to repatriate proceeds

The Central Bank of Nigeria (CBN) has given exporters who failed to repatriate their proceeds a ninety-day moratorium to comply or face a complete ban on banking services in Nigeria.

Forex: Banks cancel commissions on PTA, tuition, medical bills

Members of the Bankers’ Committee have agreed that banks in the country should stop charging commission on the sale of foreign exchange to customers, particularly those meant for Personal Travel Allowance, Business Travel Allowance, tuition and medical bills payment.

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Peter Obi

Peter Obi raises alarm over harassment

The vice presidential candidate of the People’s Democratic Party, PDP, Mr Peter Obi, has raised the alarm over alleged harassment and intimidation by security operatives in the state Friday night.
This handout photo released by SpaceX on February 21, 2019 shows a Falcon 9 launching the Nusantara Satu satellite to orbit from Space Launch Complex 40 (SLC-40), carrying Israel’s Beresheet spacecraft, at Cape Canaveral Air Force Station, Florida. – A SpaceX rocket took off from Florida’s Cape Canaveral on the night of February 21 carrying Israel’s Beresheet spacecraft, which aims to make history twice: as the first private-sector landing on the Moon, and the first from the Jewish state. The start of the flight went smoothly, with the first stage entry burn completed uneventfully less than three minutes after lift-off. The Moon landing is scheduled for seven weeks’ time, on April 11. (Photo by HO / SPACEX / AFP) / RESTRICTED TO EDITORIAL USE – MANDATORY CREDIT “AFP PHOTO / SPACEX”

NASA greenlights SpaceX crew capsule test to ISS

NASA on Friday gave SpaceX the green light to test a new crew capsule by first sending an unmanned craft with a life-sized mannequin to the International Space Station.

Cote d’Ivoire thrash D’Tigers to end perfect FIBA World Cup qualifiers record

Hosts Cote d’Ivoire ended Nigeria’s perfect record in the 2019 FIBA World Cup qualifiers on Friday in Abidjan with a 72-46 points win.

Zinedine Zidane not affected by Chelsea ban

Chelsea’s top managerial target Zinedine Zidane has reportedly not been put off replacing Maurizio Sarri, despite the Premier League club being hit by a transfer ban.
FIFA HQ

FIFA strips Peru of U-17 World Cup hosting rights

Peru will no longer host the Under-17 World Cup in October after being stripped of the tournament by FIFA on Friday over concerns about the infrastructure.