Economy

Don’t reject old naira notes before deadline – CBN warns

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By Dayo Adu

The Central Bank of Nigeria, CBN, has cautioned supermarkets and commercial outlets to desist from the indiscriminate rejection of old naira notes before the January 31st deadline.

The Branch Controller, CBN, Ibadan Zone, Mrs Olufolake Ogundero gave the caution in an interview with a Radio Nigeria correspondent.

Mrs Ogundero who frowned at some commercial outlets reportedly declining transactions with the old naira notes noted that the act violated the CBN cash policy as it remained a legal tender till the deadline date.

The apex bank chief explained that it had carried out sensitisation to the residents on the return of old naira notes across the zones of Oyo State to ensure that none is left out in the CBN policy.

Also speaking, a Deputy Director at the CBN in the zone, Mr Taiwo Oladimeji hinted that the apex bank had kick-started its cash swap initiative to enable the rural dwellers who have no bank account to exchange their old naira notes before the deadline.

Mr Oladimeji explained that designated agents were contracted and deployed to rural communities so as to meet the desires of targeted groups.

Dayo Adu

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Entertainment

We will work towards the allocation of Choice FM’s frequency – NBC ZD

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The Management of the Federal Radio Corporation of Nigeria, FRCN, Ibadan Zonal Station has appealed to the leadership of the National Broadcasting Commission, NBC, to approve the long-awaited frequency for Choice F.M., Ota, to enable the station to commence its broadcast operation.

The FRCN management led by the Zonal Director, Mrs Bolatito Joseph explained that the frequency allocation and approval became necessary in view of the information, entertainment and education needs of Ota residents.

Mrs Joseph who said the courtesy visit was meant to strengthen the bond between the two institutions, maintained that the FRCN Ibadan would continue to set the pace in excellent broadcasting.

Reacting, the Zonal Director, National Broadcasting Commission, NBC, Ibadan Zone, Mr Raphael Akpan said Radio Nigeria had been blazing the trail in terms of professional broadcast in the zone.

The NBC boss assured the management of FRCN of NBC’s resolve to work toward meeting the demands of allocating a frequency to Choice FM Ota.

Mr Akpan urged FRCN Ibadan’s management to sustain the professionalism for which the station is reputed.

Rotimi Famakin

Education

Cyber Criminals, Hackers Face 5 Year-Jail Terms – NCC Zonal Controller

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Nigerian Communications Commission, NCC, has warned internet fraudsters and hackers to desist from such acts or face five years jail term, ten million naira fine or both, as enshrined in the Cybercrime Act 2015 of the Nigerian law. 

NCC Zonal Controller, Ibadan Zone, Mr. Yomi Arowosafe gave the warning while speaking at training for secondary school pupils of Government College, Ibadan, an event marking the Safer Internet Day, organized by Oyo State Directorate of the National Orientation Agency, NOA.

While speaking on the topic “Positive and Lawful Use of the Internet”, Mr. Arowosafe who said there are global partnership as well as synergy with national security agencies on cybercrimes, explained that culprit of child pornography are also liable to face ten years jail term or twenty million naira fine, depending on the crime committed. 


NCC Zonal Controller, Ibadan Zone, Mr. Yomi Arowosafe while delivering a lecture on the topic “Positive and Lawful Use of the Internet”

Also speaking, Representative of the Economic and Financial Crimes Commission, EFCC, Ibadan Zone, Mr. Idris Sarumi warned internet users to verify every information to be true, legal and necessary before it is shared saying everyone would be responsible for every content posted or shared on the internet. 

Earlier in a welcome address, Oyo State Director, NOA, Mrs. Dolapo Dosunmu, represented by Deputy Director Programmes, Mr. Moshood Olaleye, charged pupils not to keep their online interactions secret from their parents as parents are in the best position to guide them rightly.

Over seventy pupils of the Government College, Ibadan, GCI, benefited from the safer internet training programme.

Mosope Kehinde