RE-A VIRAL VIDEO OF BULLYING OF A FEMALE STUDENT IN BOUESTI. (PHOTOS). #PRESS RELEASE.

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 BAMIDELE OLUMILUA UNIVERSITY OF EDUCATION, SCIENCE AND TECHNLOGY, IKERE-EKITI RE-A VIRAL VIDEO OF BULLYING OF A FEMALE STUDENT IN BOUESTI It has come to our attention that a disturbing incident involving some  students of the Bamidele Olumilua University of Education, Science and Technology, Ikere-Ekiti (BOUESTI) has surfaced on social media platforms. A video showing one Miss Opemiposi Precious BOLAJI, an 18 year old 100L Mass Communication student beating her colleague identified as Miss Gloria AJAYI, a 100L Mass Communication student, in a private hostel outside the University campus has gone viral. In accordance with our institution's policies and extant regulations, the students who were captured in the viral video, appeared  before the Students' Disciplinary Committee at its emergency meeting held on Monday, May 6, 2024 for interrogations and appropriate recommendations, the report of which has been submitted to the University authorities. The University authorities  con
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OLD NAIRA NOTES REMAIN LEGAL TENDER INDEFINITELY- CBN.(PHOTO).

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Old naira notes remain legal tender indefinitely – CBN

Central Bank of Nigeria, on Tuesday, extended the validity of the old N200, N500 and N1,000 notes indefinitely.

CBN Director, Corporate Communications, Isa AbdulMumin in a statement titled, “CBN To Allow Old Design Naira Banknotes As Legal Tender, Ad Infinitum”, said the decision is in line with international best practices and to forestall a repeat of earlier experiences implementing the policy.

The apex bank introduced the redesigned N200, N500 and N1.000 denominations in October 2022 and certain deadlines were set for the old design of these denominations to cease as legal tenders.

According to the statement, “Without prejudice, the Central Bank of Nigeria wishes to inform the general public of its desire to extend the legal tender status deadline of the old design of N200, N500 and N1,000 denominations; ad infinitum.

“This is in line with international best practices and to forestall a repeat of earlier experiences.

“Thus, all banknotes issued by the Central Bank of Nigeria, in accordance with Section 20(5) of the CBN Act 2007, will continue to remain legal tender, ad infinitum. even beyond the initial December 31, 2023, deadline.

“The Central Bank of Nigeria is working with the relevant authorities to vacate the subsisting court ruling on the same subject.

“Accordingly, all CBN branches across the country will continue to issue and accept all denominations of Nigerian banknotes, old and redesigned, to and from deposit money banks.

“The general public is enjoined to continue to accept all Naira banknotes (old or redesigned) for day-to-day transactions and handle these banknotes with utmost care, to safeguard and protect the lifecycle of the banknotes.

“Also, the general public is encouraged to embrace alternative modes of payment, e-channels, for day-to-day transactions.”

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