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BREAKING: CBN Extends Deadline For Old Naira Exchange

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The Central Bank of Nigeria has extended deadline for the swapping of old naira notes till February 10, 2023.

The CBN stated this in a release on Sunday.

The apex bank said it added a 10-day extension of the deadline from January 31, 2023, to February 10, 2023, to allow for the collection of more old notes…”

This is according to the CBN governor, Godwin Emefiele.

More Details Later.

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Entertainment

BREAKING: Ilebaye Wins BBNaija All Stars Edition

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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….

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Business

BREAKING: Jubilation across Nigeria as BUA Reduces Price Of Cement To N3,500

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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

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Football

Martinez makes history after coming off bench to score four goals in Serie A

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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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