Sequel to the just concluded extraordinary meeting held in Washington DC on Nov. 2nd 2022 between the United States Federal Reserve Bank, Office of the Comptroller of Currency, IMF, World-Bank and Governors of Africa’s Central Banks, the United States Govt has set date for restriction on acceptable legal tender note of US Dollar which will commence on Jan. 31st 2023.
The restriction implies that any US Dollar note below 2021 printed date will no longer be accepted or be a legal tender anywhere in the world… This effort is to curb billions of illegal monies in dollar bills warehoused around African continent emanating from drug related, terrorism, kidnapping and money from corrupt politicians.
As part of the enforcement of the strict action plan, African central banks will be assigned with a special agent from the Office of the Comptroller of Currency, Administrator of National bank United States of America to checkmate all inflows and outflows of dollar transactions.
The report also has it that US president has also written to British Government and European Union to tour same line and redesign their currencies accordingly to frustrate those with ill-gotten money in US dollar, British Pound Sterling and Euros.
Should this action be implemented come January 2023 as reported, Nigerian corrupt politicians will be worse hit.
Credit: Reuter news
BREAKING: Ilebaye Wins BBNaija All Stars Edition
Following a suspense-filled evening, the grand finale of BBNaija All Stars commenced at 7 pm tonight.
Housemates were gradually eliminated from the competition, with Cross, Pere, and Adekunle being the first to exit. This led to an extraordinary situation where the top three remaining contestants were all female, marking a historic milestone within the Big Brother franchise.
The tension continued, and eventually, Ceec was evicted, leaving Mercy and Ilebaye as the final two housemates competing for the price money of N120 Million
In the end, it came down to Mercy and Ilebaye as the top two finalists, with Baye who emerged victorious as the winner of the BBNaija All Stars Edition
More to follow….
BREAKING: Jubilation across Nigeria as BUA Reduces Price Of Cement To N3,500
One of the major companies in Nigeria, BUA Group , has announced a reduction of ex-factory cement price to N3,500 per bag.
The company, which made this known in a statement on Sunday, said the reduction will take effect from 2 October, 2023.
The statement titled : ‘BUA Cement reduces ex-factory cement prices to N3,500/bag effective October 2, 2023’, reads in full :
“We refer to our previous pronouncements regarding our intent to reduce cement prices upon the completion of our new lines at the end of the year, in order to spur development in the building materials and infrastructure sectors.
As per the commitment made to reduce prices and following a periodic review of our operations for efficiency, the management of BUA Cement Plc wishes to announce and inform our esteemed customers, stakeholders, and the public that effective October 2, 2023, we have decided to bring the price reduction forward. As a result, BUA Cement would now be sold at an ex-factory* price of 3,500 Naira per bag so that Nigerians can begin to enjoy the benefits of the price reduction before the completion of our plants.
Upon completion of the ongoing construction of our new plants, which would increase our production volumes to 17million metric tonnes per annum, BUA Cement PLC intends to review these prices further in line with our earlier pronouncements by the first quarter of 2024.
NOTE: all pending, undelivered orders which had been paid for at the old prices will be reviewed downwards to N3500/bag in line with the new pricing from October 2, 2023. Our licensed dealers are also enjoined to ensure that end-users benefit from this reduction in ex-factory prices as we will monitor field sales to ensure compliance
Martinez makes history after coming off bench to score four goals in Serie A
Lautaro Martinez scored four goals for Inter Milan against Salernitana- as a second half substitute.
The Argentine came onto the field in the 55th minute of the game with the scores level at 0-0. The World Cup winner scored four in the next 30 minutes, as Inter eventually ran out 4-0 winners.
Martinez subsequently became the first-ever player in the Serie A to score four goals in a game as a substitute.
Inter have bounced back from their 2-1 defeat against Sassuolo on Thursday, October 27 which saw them drop points for the first time this season. Thanks to Lautaro, Inter will maintain their spot as Serie A leaders.
Inter will now play host to Benfica in the second matchday of the Champions League group stage on Tuesday, October 3.
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