BADAGRY ANGELS WIN LAGOS SOFTBALL TOURNEY . (PHOTOS). #PRESS RELEASE.

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 BADAGRY ANGELS WIN LAGOS SOFTBALL TOURNEY  Badagry Angels have been crowned champions of the Lagos U-15 Softball Championship held recently at the Badagry Grammar School playing field, Badagry. The five-day tournament, which began on November 11, 2024, ended on Friday, November 15 where eight teams participated in the competition designed to drive the growth of the sport at the grassroots level. As Champions of the tournament, Badagry Angels showcased their dexterity and skills against Rak Angels in the grand finale, maintaining their good position and dominance on the field before finally trouncing their opponents 9 runs to 1. Speaking after the presentation of medals to the champions, the Director-General, Lagos State Sports Commission (LSSC), Lekan Fatodu highlighted the significance of the tournament, which is bringing softball game closer to the suburb, to expand and implement Governor Babajide Sanwo-Olu's cardinal programme of inclusivity of all Lagosians, irrespective of th
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HOUSE OF REPS ASKS CBN TO WITHDRAW OLD NAIRA NOTES, RELEASE SUFFICIENT NEW NOTES. (PHOTO).

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 House of Reps Asks CBN To Withdraw Old Naira Notes, Release Sufficient New Notes


Nigerian Lawmakers have urged the Central Bank of Nigeria (CBN) to ensure wide circulation of new notes of N200, N500 and N1000 as well as begin a gradual withdrawal of the old notes from circulation.


This call was made after a motion raised by Adam Victor Ogene (LP, Anambra), demanding that the Central Bank of Nigeria (CBN) should kick-start awareness programmes for Nigerians to be aware and prepare for the deadline of December 31, 2024.


Contributing to the discussion, the Labour Party lawmaker recounted the hardship, frustration, controversy and chaotic situation the implementation of the policy earlier caused in 2023.


He added that the scarcity of the new currency notes led to untold hardship in the nation as a result of the CBN’s inability to supply new versions of the changed currency notes.


"Going by the Supreme Court’s subsequent ruling and order, the N200, N500 and N1000 notes shall cease to be legal tender, medium of exchange for goods and services in Nigeria, and shall also cease to be in circulation as from January 1, 2025,” the lawmaker said. 


In 2022, a controversy erupted in Nigeria after the Central Bank of Nigeria (CBN), under the leadership of then-Governor Godwin Emefiele, announced plans to redesign and introduce new versions of three denominations of banknotes: N200, N500, and N1000.


The existing notes were to remain valid until January 31, 2023. 


The move had sparked widespread debate and discussion across the country.


According to Emefiele, the decision was reached due to persisting concerns around the number of naira notes outside the banking system.

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