CBN denies introducing N5,000, N10,000 banknotes

The Central Bank of Nigeria dismissed a report claiming it had introduced N5,000 and N10,000 banknotes to facilitate cash transactions as false. In a statement posted on its official X handle on Wednesday, the apex bank described the report as fake and urged Nigerians to disregard it. “The content is not from the Central Bank
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The Central Bank of Nigeria dismissed a report claiming it had introduced N5,000 and N10,000 banknotes to facilitate cash transactions as false. In a statement posted on its official X handle on Wednesday, the apex bank described the report as fake and urged Nigerians to disregard it. “The content is not from the Central Bank

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Everton and West Ham want to sign Man Utd defender


Everton and West Ham United have emerged as potential candidates to sign Manchester United defender Victor Lindelof this summer.

Man Utd set fresh asking price to sell Antony

Manchester United have set a fresh asking price for Antony amid interest from Atletico Madrid, according to Fichajes.

US: Car tariffs start Thursday – Trump

The administration of US President Donald Trump confirmed on Wednesday that the 25 per cent global tariffs on cars and trucks will take effect as scheduled on Thursday, and that duties on automotive parts imports will be introduced on May 3. The White House, in a Federal Register notice providing further details on Trump’s autos
US: Car tariffs start Thursday – Trump

The administration of US President Donald Trump confirmed on Wednesday that the 25 per cent global tariffs on cars and trucks will take effect as scheduled on Thursday, and that duties on automotive parts imports will be introduced on May 3.

The White House, in a Federal Register notice providing further details on Trump’s autos tariff proclamation issued last week, directed the Commerce Department to establish a process within 90 days for adding more parts to the list, including at the request of domestic producers.

According to the Federal Register, the 25 per cent automobile tariffs are set to take effect at 12:01 am EDT on Thursday, while the 25 per cent tariffs on auto parts will come into effect at 12:01 am EDT on May 3.

The notice indicated that the parts list currently includes dozens of tariff codes, such as engines, transmissions, powertrains, and electrical components, along with other parts like brake hoses. Domestic producers will be able to request additions to the list.

It also stated that for vehicles qualifying under the US-Mexico-Canada Agreement’s rules of origin, importers can pay the 25 per cent duty only on the non-US content of the order.

US: Car tariffs start Thursday – Trump

UK sanctions pro-Russian group over alleged Moldova vote interference

The United Kingdom is prepared to impose sanctions on Evrazia, a Russia-based organisation which it claims attempted to rig a referendum in Moldova. The UK Foreign, Commonwealth and Development Office, FCDO, confirmed this on Wednesday. FCDO alleged that the group was attempting to “destabilise Moldovan democracy and spread Russia’s malign influence.” The Moldovan government accused
UK sanctions pro-Russian group over alleged Moldova vote interference

The United Kingdom is prepared to impose sanctions on Evrazia, a Russia-based organisation which it claims attempted to rig a referendum in Moldova.

The UK Foreign, Commonwealth and Development Office, FCDO, confirmed this on Wednesday.

FCDO alleged that the group was attempting to “destabilise Moldovan democracy and spread Russia’s malign influence.”

The Moldovan government accused Russia of trying to undermine the country’s democracy by attempting to influence its presidential election last year, which was won by pro-Western leader Maia Sandu, and also during a referendum last October on amending the country’s constitution to include support for European Union, EU, membership.

Russia has rejected these claims.

The new UK sanctions will result in the freezing of Evrazia’s assets and a travel ban for the group, its founder Nelli Parutenco, and board member Natalia Parasca.

FCDO claims the Russian non-profit organisation was used to bribe citizens to vote “no” in last year’s referendum.

UK sanctions pro-Russian group over alleged Moldova vote interference

Nigerian govt announces reopening of Lagos bridge to ease heavy traffic

The Nigerian government has directed the immediate reopening of Independence Bridge, located in Victoria Island, Lagos State, amid heavy traffic gridlock. The Minister of Works, Dave Umahi, gave this order on Wednesday, according to a source familiar with the development. Details of the directive remain unclear as of the time of filing the report. However,
Nigerian govt announces reopening of Lagos bridge to ease heavy traffic

The Nigerian government has directed the immediate reopening of Independence Bridge, located in Victoria Island, Lagos State, amid heavy traffic gridlock.

The Minister of Works, Dave Umahi, gave this order on Wednesday, according to a source familiar with the development.

Details of the directive remain unclear as of the time of filing the report.

However, his directive comes as commuters in Lagos State lament the gridlock caused by the ongoing repairs of Independence Bridge.

Recall that two days ago, the federal government announced the closure of Independence Bridge from April 1, 2025, for vital rehabilitation.

Earlier, commuters and motorists had urged the federal government to reopen the bridge to alleviate traffic congestion.

Nigerian govt announces reopening of Lagos bridge to ease heavy traffic

Uzodimma swears in Imo acting CJ

Governor Hope Uzodimma of Imo State on Wednesday swore in Justice Theophilus Nzeukwu as the acting Chief Judge. Nzeukwu was sworn in five months after Imo State had been without a Chief Judge. The vacancy arose after the National Judicial Council recommended the immediate retirement of the former Chief Judge, Justice Chukwuemeka Chikeka, for age
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Governor Hope Uzodimma of Imo State on Wednesday swore in Justice Theophilus Nzeukwu as the acting Chief Judge. Nzeukwu was sworn in five months after Imo State had been without a Chief Judge. The vacancy arose after the National Judicial Council recommended the immediate retirement of the former Chief Judge, Justice Chukwuemeka Chikeka, for age

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Healthcare federation seeks implementation of waiver on pharmaceutical products

The Healthcare Federation of Nigeria has called on the Nigeria Customs Service to ensure the full implementation of the duty and VAT waivers on pharmaceutical raw materials by issuing circulars to all relevant Zonal Offices and Area Commands. Recently, the Federal Government implemented a two-year import duty and VAT waiver on pharmaceutical raw materials. This
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The Healthcare Federation of Nigeria has called on the Nigeria Customs Service to ensure the full implementation of the duty and VAT waivers on pharmaceutical raw materials by issuing circulars to all relevant Zonal Offices and Area Commands. Recently, the Federal Government implemented a two-year import duty and VAT waiver on pharmaceutical raw materials. This

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Wike congratulates Okpebholo on tribunal victory

The Minister of the Federal Capital Territory, Nyesom Wike, has congratulated the Governor of Edo State, Monday Okpebholo, on his victory at the election tribunal, which affirmed his election in the September 2024 governorship poll. In a statement on Wednesday by his Senior Special Assistant on Public Communications and Social Media, Lere Olayinka, Wike described
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The Minister of the Federal Capital Territory, Nyesom Wike, has congratulated the Governor of Edo State, Monday Okpebholo, on his victory at the election tribunal, which affirmed his election in the September 2024 governorship poll. In a statement on Wednesday by his Senior Special Assistant on Public Communications and Social Media, Lere Olayinka, Wike described

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Osimhen’s Double Sends Galatasaray Into Turkish Cup Semis

Victor Osimhen fired a brace as Galatasaray beat Fenerbahce 2-1 in a thrilling Turkish Cup quarter-final clash in Istanbul on Wednesday night. Turkey international Baris Yilmaz teed up the forward…

Business & Economy

NNPC welcomes new leadership
PROFILE: Bayo Ojulari: Ex-Shell chief now heads Nigeria’s NNPC