PANIC AS OYO DEMOLISHES SHOP IN POPULAR IBADAN MARKET. (PHOTO).

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 Panic as Oyo demolishes shop in popular Ibadan market Panic gripped residents and traders of the popular Ojoo market in the Akinyele Local Government Area of Oyo State as the government demolished scores of shops and kiosks in the area, on Thursday. The PUNCH gathered that the Ministry of Lands, Housing and Urban Development had served the traders quit notice a long time ago but they refused to move out of the market. The Chairman of the market,  Muhdeen Ganiyu, fondly called Elewedu, however, told our correspondent that the quit notice was too short but the executive members of all the affected markers would meet after the demolition exercise. “The quit notice was too short. All executive members of all the affected markers will soon meet. So, I cannot say anything for now,” he stated. When contacted, the Commissioner for Lands, Housing and Urban Development, Williams Akin-Funmilayo,  confirmed the ongoing demolition exercise. He said, “The State Governor, Seyi Makinde, had gone ther
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CENTRAL BANK OF NIGERIA,TAKES OVER SKYE BANK TODAY.

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                             Today monday,the Central Bank of Nigeria {CBN},took over Skye Bank after the lender failed to meet the regultor's minimum key liquidity and capital adequacy ratios.The CBN Governor,Godwin Emefiele,disclosed this at a press conference,held at the CBN's head office in Lagos.Emefiele said the apex bank had appointed a new board and management for the bank following the resignation of the Chairman Chief Tunde Ayeni and Management Director/Chief Executive officer Timohy Oguntayo.The rate at which people have started withdrawing their money is alarming i will advice the CBN to assure the Syke bank customers that their money is safe to avoid panic withdrawal that can crash the bank.One more photo below.                                                                                  

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