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Author: bammagazine

Currency in circulation rises 81% to N5.4trn

By Peter Egwuatu Currency in circulation in Nigeria rose by 81 per cent to N5.44 trillion in August 2026, from N3.01 trillion in August 2023, underscoring the continued strong demand for physical cash despite the rapid expansion of electronic payments over the past three years. Data from the Central Bank of Nigeria’s, CBN, Money and…

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Defection of some candidates to APC good riddance to bad rubbish — NDC

By Henry Umoru ABUJA – THE national leadership of  Nigeria Democratic Congress, NDC, has described the defection of some of its members to the All Progressives Congress,  APC,  as good riddance  to bad rubbish. In a statement yesterday by the National Publicity Secretary,  Osa Director, the alleged that some of its candidates had been bribed…

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Iran defiant as US deploys third warship to Middle East

President Masoud ​​Pezeshkian declared on Tuesday ​that Iran would not succumb as the United States ramps up military assets in the Middle East. At a meeting with Pakistan’s army chief, Syed Asim Munir Ahmed, Pezeshkian ​told ​Washington to lift ​its pressure​, threats​, and sanctions before any negotiations. “They constantly publicize in the media that they…

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Police arrest three suspects with pistol, ammunition in Jigawa

‎The Jigawa State Police Command has arrested three suspects for allegedly possessing a locally made pistol, ammunition and other dangerous weapons along the Nguru–Birniwa Road in the state.‎‎The Police Public Relations Officer, SP Lawan Shiisu Adam, disclosed this in a statement issued to journalists.‎‎He said the suspects were arrested by operatives of Operation Salama on…

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PSN seeks tougher penalties for drug fakers, proposes N25m fine, 20-year jail term

By Chioma Obinna The Pharmaceutical Society of Nigeria (PSN) on Monday called for tougher punishment for manufacturers and distributors of fake drugs, proposing a minimum fine of N25 million and prison terms of between five and 20 years for offenders to deter offenders and protect public health.Addressing a press conference ahead of the society’s 99th…

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Reps back Tinubu, Dangote, NMDPRA, demand pipeline funding

…Open probes into NIPCO gas licences,NNPCL executive By Gift ChapiOdekina, Abuja The House of Representatives Committee on Petroleum Resources (Downstream) has passed votes of confidence on President Bola Ahmed Tinubu, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and industrialist Aliko Dangote, declaring that Nigeria’s drive towards energy security is gaining momentum. The committee,…

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Anambra Police: Presence at Ibezim’s service to maintain peace

By Vincent Ujumadu The Anambra State Police Command has explained that the heavy security presence at St. Faith’s Anglican Cathedral, Awka, during a church service conducted by the suspended Archbishop Alexander Ibezim on Sunday was to maintain law and order and prevent a breakdown of peace. Ibezim, the Anglican Archbishop on the Niger and Bishop…

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N4,000/$ Exchange Rate: NDC asks why refineries are not working

By Henry Umoru ABUJA — The Nigeria Democratic Congress (NDC) has faulted the Federal Government’s warning that a return to petrol subsidy could push the naira to between N3,000 and N4,000 per dollar, demanding explanations for the failure of the country’s refineries to operate effectively. The party also questioned why Nigeria had mortgaged a sizeable…

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At 50: Brand refresh raises questions about heritage, consumer loyalty

By Chioma Obinna As competition in Nigeria’s non-alcoholic beverage market continues to evolve, Maltina, one of the country’s longstanding malt drink brands, has unveiled a refreshed visual identity to mark its 50th anniversary, retaining its familiar taste while introducing redesigned packaging across its product range.The new identity, unveiled by Nigerian Breweries Plc last week, features…

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Physicians’ Week: NMA FCT highlights challenges facing doctors in Nigeria

The Nigerian Medical Association,NMA, Federal Capital Territory, FCT chapter, has raised the alarm over the numerous challenges doctors face while carrying out their responsibilities. Speaking at the kickoff of the 2026 Physicians’ Week at the Church of Christ, Kado, Abuja, Dr George Ebong said doctors were overwhelmed by the lack of adequate medical facilities. Speaking…

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