Elsanto Blog

The Central Bank of Nigeria (CBN) has increased the maximum weekly limit for cash withdrawals across all channels by individuals and corporate organisations to N500,000 and N5 million, respectively. The directive is contained in a circular issued by the bank on Wednesday and signed by Haruna Mustafa, director of banking supervision department. The development comes two weeks after the CBN reduced the weekly over-the-counter cash withdrawal limit for individuals to N100,000 and that of corporate organisations to N500,000. The bank also reduced withdrawals at automated teller machines (ATMs) and point-of-sale terminals to N20,000 per day. The policy had generated mixed reactions from Nigerians. While some said it would have a negative effect on small businesses, others applauded it as a strategic move towards boosting the cashless policy and reducing the amount of cash outside the banking system. In the circular, the apex bank said it made the upward review based on feedback received fro

The pictures of Nigerian Singer, Davido's with Chioma has become the most liked post by a Nigerian on Instagram, IGBERETV reports. The couple arrived at the Lusail stadium in Qatar to witness the World Cup tournament. The afro pop singer shared adorable photos of himself and Chioma on Sunday, December 18. This was the first social media post he had made since the death of his son, Ifeanyi in October 2022. Millions of followers from across the world rushed to the post to like it.  As at the time of this report, the photos have garnered over 1.7m likes on Instagram and close to over 220,000 comments. Follow link

Paul Okoye goes ‘savage mode’ to publish images of women who called his girlfriend ugly Paul Okoye, better known by his stage name Rude Boy, has in a recent post revealed a distinct side of himself that many people didn't realize he possessed. The musician, 41, revealed his new girlfriend, Ify, on Sunday, December 11, the day of their anniversary after his wife, Anita, filed for divorce from him in 2021. Since the musician made his connection with his new partner, Ivy Ifeoma, online trolls have made it their mission to slam both the artiste and his new love by branding her as "ugly". While others on social media believed that Ifeoma, 22, was too young to be dating Paul, some social media investigators even went so far as to unearth previous recordings of the model appearing to acknowledge that she dates wealthy men for their money. In a post he shared today, the "Reason With Me" artiste showed more than nine pictures of some ladies who had teased and

Nollywood actress, Empress Njamah, has debunked the rumours that she is engaged, IGBERETV reports. She also accused her 'fiance' of physically assaulting her, in a Livestream via her business Instagram account on Friday, IGBERETV reports. Njamah revealed that the engagement video on her personal page was made under duress and that she had been scammed, beaten, held hostage by the man, who she said is from Liberia.  She said, "A guy that one couldn’t even call a human being came into my life in pretence of wanting to marry me, I didn’t know that he had other motives and he came when I was very vulnerable, when I lost my friend, Ada Ameh. I’ve been speaking to this guy for months on phone, speaking to people I thought were his relatives, everything is just scam. He came into my life, said he could not leave me because I wasn’t not okay. I really wasn’t okay, I was hiding it from the press. The death of my friend broke me down so bad I could not function and he sa

Following an attempted murder on her husband, the estranged wife of former member of House of Representatives, Robinson Uwak, has been ordered to be remanded in Suleja Correctional Centre. The Inspector General of Police arraigned Kazia Uwak, Joseph Utum, and Ibiang Ofem, before the A Grade I Area Court in Nyanya, Abuja, on charges of joint act and attempt to commit grievous bodily harm on the ex-lawmaker. The charges were brought under Sections 95, 79, 248 of the penal code. Following their arraignment and not guilty plea, Justice M. Inuwa, in a remand warrant dated December 15, 2022, ordered Kaizia’s remand at the Nigerian Correctional Service custodial centre in Suleja, Niger State, while Utum and Ofem were remanded in Keffi. The police first information report, said the defendants were arrested for agreeing to do away with Uwak to enable Kaizia convert and inherit his valuable properties worth millions of naira in FCT, Port Harcourt and Uyo. The police alleged that in furtherance o

The newly redesigned naira notes will go into circulation on Thursday (today) with Deposit Money Banks releasing the bills to their customers via over-the-counter payments. This came about three weeks after the President, Major General Muhammadu Buhari (retd), unveiled the new bills at a weekly Federal Executive Council meeting in Aso Rock Villa. The President unveiled the redesigned notes across the N200, N500 and N1,000 denominations. The Governor, Central Bank of Nigeria, Godwin Emefiele, had in October announced that apex bank would release re-designed naira notes by December 15, 2022.He also disclosed that the old notes would cease to be regarded as legal tender by January 31, 2023. Emefiele pointed out that the redesigning of the naira notes would help to curb counterfeit notes, and reduce ransom payments to terrorists and kidnappers. The CBN boss said it was worrisome that 85 per cent of the total currency in circulation was being hoarded by Nigerians.

Today, we formally commenced a legal action before the FCT High Court against Simon Ekpa, which action is founded on a plethora of grave infractions arising from his violent, disturbing and false declarations. I may not release further details here so that it will not prejudice the robust legal actions already lined up for him and his cohorts. It shall be coming in piecemeal. This is the first batch. I also want to assure Simon Ekpa and his cohorts affected by this compelling legal action, that no matter the country you people believe to be presently hiding under its sovereign protection, the full arms of the law shall certainly catch up with you all, in the legal onslaught already commenced. This is just one in the long line of compelling civil and criminal litigations coming your way. The hour has come, and I wish to reiterate that you Simon Ekpa cannot escape from the long arms of the law. We move! With this oji abatam! Signed  Sir ifeanyi Ejiofor, Esq. 13th December, 2022.Nnamdi Ka