Author: straightnewsng.com

The Federal Republic of Germany Wednesday at the Foreign Affairs Ministry, Abuja, handed 22 Benin Bronzes to the Nigerian government. The artefacts, which had stayed outside Nigeria for 125 years, were looted from Benin by the British colonialists and over the years, had moved to different countries before arriving in Germany. The German Government delegation was led by Annalena Baerbock, Minister of Foreign Affairs, Federal Republic of Germany and Claudia Roth, Minister of State for Culture, Federal Republic of Germany. Read also: USA Returns 23 stolen Benin bronzes to Nigeria   Speaking at the ceremony, Annalena Baerbock, Minister of Foreign…

The Central Bank of Nigeria (CBN) has bowed by raising its weekly cash withdrawal limits set for individuals and Corporate Organisations to N500,000 and N5 million respectively. The earlier limits pegged individual cash withdrawal per week at N100,000; while Corporate organisations were limited to weekly withdrawals of N500,000. The directive on the weekly cash withdrawal limit is contained in a circular issued by the bank on Wednesday and signed by the director of banking supervision department, Haruna Mustafa. Read also: CBN Releases new Naira notes security features Straightnews gathered that the development is coming two weeks after the CBN reduced the weekly…

The former Deputy Senate President, Ike Ekweremadu will celebrate Christmas and New Year in London Prison following failure by the Central Criminal Court, London, to grant him bail. The court which is also known as the Old Bailey in a pre-trial hearing on Tuesday, gave its verdict denying the bail on grounds that Ekweremadu would flee the country. In the bail application, Ekweremadu’s lawyer had argued that the Nigerian High Commissioner to the United Kingdom and the Attorney-General of the Federal had written to the court that Ekweremadu was not a flight risk. Read also:  The lawyer further argued that…

Actor Yul Edochie, Wednesday, tendered a public apology to his first wife, May, over his decision to marry another wife and fellow actress, Judy Austin, saying ‘‘I take the blame for my actions.’’ Edochie unveiled Judy as his second wife in April 2022, when he revealed that they both had a son together. Eight months later, Yul decided to publicly apologise to his wife for his actions, as he stated that he meant no disrespect to her. Read also: Nollywood actor, Yul Edochie, marriage to second wife sparks outrage He said he had apologised to his first wife, with whom…

US President Joe Biden and Ukrainian President Volodymyr Zelensky Wednesday met at Oval Office for bilateral talks. This happened shortly after the arrival of Zelensky at the White House launching a dramatic visit to the US – his first trip outside his homeland since Russia invaded the country 300 days ago– to rally his top international partner behind sustained military and economic assistance. Zelensky arrived at the South Lawn just after 2 p.m. ET and was met by President Biden, who invited him to the White House earlier this month. Read also: White House hails Ukraine for recapturing Kherson from Russia After the two…

Owing to scathing criticisms by Twitter users, billionaire Elon Musk, said he would step down as chief executive of Twitter after finding a replacement. This is the first time Musk accepted stepping down as chief of the social media platform, after Twitter users voted decisively in a poll for him to step down, which the billionaire launched on Sunday evening, December 18. Months ago, he purchased the company at $44 billion after legal tussle by Jack Dorsey, the original owner. Read also: Elon Musk Takes over Twitter after buying $3b worth of shares “I will resign as CEO as soon…

The Joint Admissions and Matriculation Board (JAMB) says it will commence registration for the 2023 Unified Tertiary Matriculation Examination (UTME) from Saturday, January 14 to Tuesday, February 14, 2023. In a statement issued on Tuesday, December 20, by the board’s Head of Media and Information, Mr. Fabian Benjamin, the examination body stated some major dates for its activities in 2023 at the end of its management meeting held in Abuja. JAMB’s spokesman said Direct Entry registration would commence from Monday, 20th February to Thursday, 20th April 2023. Also read: JAMB Pegs cut-off marks for 2022 Varsities’ admissions JAMB’s head of public…

To abate counterfeit of the new notes, the Central Bank of Nigeria (CBN) has released security features of the new N200, N500, and N1000 naira notes. In a document released on Tuesday, December 20, 2022, the apex bank said the action is to protect Nigerians from falling victim to counterfeiters. CBN explained that the security features are available in the N200, N500, and N1,000. Also read: Naira depreciation will worsen food, energy crisis- World Bank Barely five days after their release, the new Naira notes are allegedly being counterfeited by some individuals in Nigeria. The Central Bank of Nigeria had,…

Rivers Governor Nyesom Wike has decried the yearly raising of fund to cater for the welfare of war veterans and families of fallen heroes. Wike spoke this at the Rivers State Emblem Appeal Fund Launch held on Tuesday, at the Banquet Hall of Government House in Port Harcourt. He said rather, federal government should set up a standing fund for that purpose, which would be replenished with yearly budgetary allocation as it is done in countries that truly value the contributions of the security agencies. Also read: I Will withdraw if PDP Zones Presidency to North- Gov Wike The governor emphasised…

The Academic Staff Union of Universities (ASUU) is preparing to sue the federal government over its refusal to pay its members’ full salaries. However, in a recent interview, the union’s president, Professor Emmanuel Osodeke, said he is dissatisfied with the slow delivery of justice in Nigerian courts, and that going to court is a waste of time. Osodeke said, “When we get there, we will let you know, but legal issue in Nigeria is time-wasting. The next 10 years, you will be there, 20 years. So, when we get there we will let you know.” Meanwhile, some union members have…