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CBN DEBUNKS ORDERING BANKS TO RECEIVE ₦500, ₦1000 OLD NOTES ®™√ INN Nigeria ©

1 min read

8 months ago INN

Following the news disseminated earlier that the Central Bank Of Nigeria ordered banks to accept the old N1000 and N500 notes, the bank has come out to debunk the claims.

A press release signed on Friday the 17th of February 2023 by Osita Nwanisobi, Director, Corporate Communications Department of the CBN, stated that the public should disregard the prior false information.

The statement reads, “The attention of the Central Bank of Nigeria has been drawn to some fake and unauthorised messages quoting the CBN as having authorised the Deposit Money Banks to collect the old N500 and N1,000 Banknotes”.

“For the avoidance of doubt, And in line with Mr President’s broadcast of February 16, 2023, the CBN has been directed to only reissue and recirculate the old N200 banknotes and this is expected to circulate as legal tender for 60 days up to April 10, 2023”.

“Members of the public should therefore disregard any message and/or information not formally released by the Central Bank of Nigeria on this subject”.

“Media practitioners are advised to PLEASE verify any information from the correct sources before publication” the statement concluded.

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Tags: caution cbn crisis economy INN LinkingIkorodu24/7 Media naira redesign NIGERIA

998jjjj8164555465718868823 Pastor Matthew Ashimolowo, the esteemed founder of Kingsway International Christian Centre (KICC), has revealed ambitious plans for the upcoming Christ Compassion Crusade, scheduled to take place from the 6th to the 11th of November 2023 in Igbogbo Baiyeku LCDA of Ikorodu.
During a recent broadcast on his Kicconline channel's "Morning Glow" program, Pastor Matthew Ashimolowo shared heartwarming updates on the preparations for the crusade, demonstrating his unwavering commitment to bringing hope and support to the rural world.
The Christ Compassion Crusade's preparations have been nothing short of remarkable. The dedicated team behind the event has already secured a significant quantity of essential supplies, including one thousand bags of Garri, 30 thousand bags of soaps, 24 thousand printed exercise books, 10 thousand buckets, 10 thousand bags of salt, 10 thousand bags of sugar, and two solid generators, one of which is a 350kVA powerhouse. In addition to these tangible resources, Pastor Matthew emphasized the importance of collaboration and spiritual guidance. The crusade team has convened with 320 pastors on the ground to ensure the event's effectiveness, highlighting the spirit of unity and purpose.
Healthcare is a prominent component of the Christ Compassion Crusade. The medical outreach aims to serve over 30 thousand people, with plans to provide 10 thousand deworming tablets for children. Furthermore, free surgeries will be conducted at the Ikorodu General Hospital, benefiting over 200 individuals. Quick tests for malaria, diabetes, and blood pressure, along with eye and dental care, will also be available.
To facilitate the event's logistics, Pastor Matthew Ashimolowo announced that 15 buses will be rented throughout the week. This effort alone is expected to cost £1,500. He called upon individuals led by the Holy Spirit to contribute their financial resources to support this noble cause. Pastor Matthew concluded his address with a powerful declaration, stating that Ikorodu has generously provided the land for the event. During the week-long program, he anticipates that "the glory of the Lord will be revealed, and the hand of God will be stretched across Ikorodu division," promising to expose and eliminate the powers of darkness.
The Christ Compassion Crusade is a non-denominational initiative that transcends boundaries, emphasizing community support. Among the extensive aid planned are 50 thousand bags of rice, 50 thousand bags of beans, 10 thousand bottles of cooking oil, 25 thousand schoolbooks, 25 thousand quality children's clothing, 15 thousand colourful Ankara materials, and 5 thousand reading glasses.
The forthcoming Christ Compassion Crusade in Ikorodu promises to be a beacon of hope, uniting people from diverse backgrounds to make a positive impact on the rural world and transform lives.

2 min read

PASTOR MATTHEW ASHIMOLOWO ANNOUNCES GRAND PLANS FOR CHRIST COMPASSION CRUSADE IN IKORODU ®™√ INN Nigeria ©

12 hours ago INN

ro939j4122974544298921917 Oriwu Club Ikorodu held its public Lecture to mark its 50th anniversary on the 14th of September 2023 at the clubhouse along Sagamu Road in Ikorodu.
The auspicious gathering was graced by HRM, Oba Semiudeen Orimadegun Kasali, Adeboruwa of Igbogbo and HRM, Oba Aremu Shotonwa, Sekumade of Ipakodo, and spearheaded by Led by Prince Amid Adekunle Oduborisha, the club's president. Tagged; 'Knowledge, Power And The Growing Specter Of Spectrum In Nigeria', the event brought Professor Lai Olurode, a retired professor of sociology at the University of Lagos (UNILAG) as its guest speaker.
In his lecture, Prof. Lai applauds Oriwu Club for its numerous accomplishments, depicting the club as a medium to measure the overall growth of the 3rd largest city in southwest Nigeria.
He remarked that the growth of the Ikorodu division is a living fulfilment of the club's mandate. Substantiating that the club's leadership must always cultivate friendship with the general populace, he explained that the actions of its leaders should be based on the accretion of proficiency.
Professor Lai Olurode also spoke out that power can only be exerted when the title is given, while Knowledge without exercise can't produce results.
"But strength and understanding work jointly for refinement," he said.
Urging the club to reflect the needs of its people, Prof. Olurode said the club must be sensitive before starting the scheme in order not to project WANT instead of the NEED of the people.
"If there is no meeting point between Knowledge and Power, developmental actions will fail," said Professor Lai.
He continued, "Nigerians don't believe in their government because most Nigerians are tired,"
"That's why leadership actions must reflect the mindset of the people at all times".
Furthermore, he encouraged Oriwu Club Ikorodu to be a medium to explain government policy to ordinary people, thereby restoring hope to the common man.
In closing, he appealed to Oriwu Club to encourage youth to join the club so the younger ones can have the mindset of promoting society which is the core objective of the club.
Chief Tosin Akinyemi, the representative of the Indigenous Association of Lagos State, commended Prof. Lai Olurode for his lecture and also proposed the idea of having 'Oriwu Club Diaspora', to bring the youth into the community orientation the club provides.
He explained that even the youth who are not in the country can add value to the community if they are very much involved with the club's activities from abroad.
HRM, Oba Semiudeen Orimadegun Kasali, Adeboruwa of Igbogbo, also applauded Professor Lai Olurode for reaching the club through his impactful lecture. He further pleaded with Oriwu Club Ikorodu to do more on the suggestion that has been made by the guest speakers and contributors.
Before the close of the event, Sir Kayode Shoderu the chairman board of trustees, also lauded Prof. Lai for the knowledge he has impacted on the club and each one present at the lecture anniversary.
He expressed general appreciation to all participants.

3 min read

50TH ANNIVERSARY: ORIWU CLUB IKORODU HOLDS PUBLIC LECTURE, ECHOES EXPANSION IN THE GROWING NIGERIAN ECONOMY ®™√ INN Nigeria ©

3 weeks ago INN

393j3j3n6291044436002858020 Undeterred by jetlag from a long intercontinental journey, President Bola Tinubu, on Tuesday, arrived in New Delhi to the immediate embrace of Mr Gopichand Hinduja, the Chairman and CEO of the Hinduja Group of Companies, a conglomerate with a total asset portfolio exceeding $100 billion U.S. Dollars.
The Indian Industrialist was received by the President within 90 minutes of the President's arrival in India for a meeting, which began around 8:8:00 pm local time.
Accompanied to the meeting by Nigeria's Ministers of Finance, Trade & Industry, and Foreign Affairs, the smiling Nigerian leader made it clear to his first visitor that he is in India with one focus: attracting investments to Nigeria with lucrative opportunities for investors, but most essentially, jobs for Nigerians and new revenue opportunities for Nigeria's federal and sub-national governments.
"We are here for business. I am here to personally assure our friends and investors that there is no bottleneck that I will not break. Nigeria will become one of the most conducive places on earth to make good profits and create lasting jobs. With my support, nothing is standing in your way of enjoying the unrivalled opportunities presented by our massive market and the ingenious & hardworking nature of the Nigerian people. We are open for business," the President firmly assured.
The Hinduja Group Chairman told the President that he was a living witness to his landmark effort as Governor of Lagos in turning a coastal erosion and water encroachment crisis into a massive free trade zone where industry now thrives. This, he said, was partially responsible for his excitement to partner with Nigeria's new President to create win-win prosperity for Nigeria's talented population.
"We believe in you as a leader who has done this before. You know what the challenges are. You know how to fix them. We are going to make investments into the billions of dollars under your leadership because we see you are already addressing the systemic problems. I am ready now to sign an MoU and to begin execution. You tell me who to liaise with, and we will get to work immediately, particularly concerning automobile manufacturing in Nigeria, amongst other areas," the industrialist enthusiastically stated.
The President did not wait to respond.
"Ministers of Trade and Finance, the two of you will follow this up immediately, and you will draw up the terms to the satisfaction of both parties. If there are any issues at all that require my intervention, they must be brought to my attention immediately."
After the President assigned the task of agreeing to the two Ministers in collaboration with Hinduja Group Executives, who were present in the room, the industrialist could not hide his excitement.
"I have had paperwork stalled in Nigerian bureaucracy for over one year, especially in FCT, but I knew that you would be purpose-driven in this endeavour and God will help you to turn Nigeria's rich promise into a rich reality for all of its citizens," the Indian Billionaire concluded.
The President concluded that his task of making Nigeria great can only be achieved through teamwork and not in isolation, noting that when his investors are happy, Nigerians will rejoice by partaking in an inclusive economy where hard work is rewarded and where excellence becomes the reputation of the nation.

3 min read

PRESIDENT TINUBU ARRIVES INDIA, HEADS STRAIGHT INTO TOP-LEVEL INVESTMENT MEETING WITH HINDUJA CHAIRMAN ®™√ INN Nigeria ©

4 weeks ago INN

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e939j3n3717860860002664799 In his fervent commitment to improving education infrastructure, Builder Olusesan Daini, the Executive Chairman of Igbogbo-Baiyeku Local Council Development Area (LCDA), has officially kicked off a renovation project at Methodist Primary School in Igbogbo-Baiyeku LCDA. On the 3rd of October 2023, a groundbreaking ceremony marked the commencement of the ambitious project, which promises to transform the school's facilities.
The cornerstone of the renovation project focuses on providing standard toilets and ensuring hygiene and sanitation for the students and staff. Additionally, a block containing five classrooms is set to undergo a complete makeover, with workers already on-site to initiate the renovation process.
This project is a fulfilment of a promise made by Builder Olusesan Daini during a comprehensive tour and needs assessment of all 13 primary schools in the LCDA. At that time, while distributing educational support materials, he pledged to renovate one block of five classrooms at Methodist Primary School, Igbogbo, complete with standard toilets. True to his word, the project has officially commenced.
Builder Olusesan Daini emphasized his commitment to quality education, stating, "The five classrooms will be fully furnished with furniture, white marker boards, and other essential amenities to create an optimal learning environment for our students."
The renovation project is expected to be completed within the next 51 days, ensuring that the students of Methodist Primary School, Igbogbo, will soon have access to vastly improved facilities for their education. This initiative is poised to contribute significantly to creating a more conducive learning environment and enhancing the overall educational experience of the pupils.
The move by Builder Olusesan Daini reflects his dedication to the advancement of education within the Igbogbo-Baiyeku LCDA, underscoring the importance of investing in the future of the community's youth. As the project unfolds over the coming weeks, it is expected to garner the support and appreciation of the local community as they witness the transformation of Methodist Primary School.

2 min read

BLDR SESAN DAINI COMMENCES RENOVATION PROJECT AT METHODIST PRIMARY SCHOOL IN IGBOGBO BAIYEKU LCDA ®™√ INN Nigeria ©

1 hour ago INN

30933k3651417562568310245 In a remarkable display of compassion and community service, His Royal Majesty, Oba Bashiru Aremu Shotonwa, celebrated the 5th Anniversary of his coronation by organizing a free medical care program for the residents of Ipakodo. The healthcare initiative, which took place at the majestic palace of the Sekumade of Ipakodo on the 3rd of October 2023, has left residents of the community deeply grateful for their benevolent monarch.
The event, which marked the second day of the Ipakodo Day celebrations, saw Oba Bashiru Aremu Shotonwa's commitment to the well-being of his people take centre stage. It was a day filled with hope and healing for both the young and old as free medical care services were extended to the entire community.
The healthcare program provided vital services including free provision of drugs and comprehensive tests for diabetes, malaria, blood pressure, and various other health-related challenges. The residents of Ipakodo flocked to the palace, where a team of skilled healthcare professionals from Ikorodu General Hospital attended to their needs with dedication and care.
The benevolent gesture from the king has been met with immense gratitude and appreciation from the community. Residents praised Oba Bashiru Aremu Shotonwa for utilizing the anniversary celebration to address the pressing healthcare needs of his people, ensuring that their well-being remains a top priority.
Speaking about the event, Oba Bashiru Aremu Shotonwa emphasized the importance of community health, stating, "Our people's health is the foundation upon which our community thrives. As a ruler, I must ensure that every resident of Ipakodo has access to quality healthcare". "Today, we celebrate not just our culture and heritage but also our commitment to the well-being of our beloved community."
The Ipakodo Day celebrations are expected to continue with various cultural and entertainment activities throughout the week, culminating in a grand finale on the 7th of October 2023.
This remarkable display of oversight and compassion by Oba Bashiru Aremu Shotonwa is a testament to the deep-rooted connection between the monarch and the people of Ipakodo. It serves as an inspiring example of how traditional leaders can make a tangible difference in the lives of their communities.

2 min read

IPAKODO DAY CELEBRATIONS/5TH ANNIVERSARY CORONATION OF OBA BASHIRU AREMU SHOTONWA: DAY 2 PROVIDES FREE MEDICAL CARE FOR IPAKODO RESIDENTS ®™√ INN Nigeria ©

7 hours ago INN

eo0302o2m7E27288920152823013592 In a resounding moment filled with jubilation and pride, Ikorodu, a vibrant locality in Lagos State, emerged as the undefeated champion at the maiden edition of the Lagos Fitness Challenge, held on October 2, 2023. The event, organized by Keepfit Africa International, witnessed intense competition among representatives from 20 local governments in Lagos State, but it was Ikorodu who stood tall, clinching the top position.
Under the rallying slogans of #IkoroduLoOgaWa, #IkoroduNoDeyCarryLast, and #IkoroduToTheWorld, the Ikorodu fitness athletes showcased their prowess and determination at the Unilag Sports Center in Yaba. Dr. Tolu Pukka Odufeko, the convener of the Ikorodu Fitness Festival, led the formidable team to this historic victory.
The Lagos Fitness Challenge was an initiative aimed at promoting physical fitness, wellness, and a healthy lifestyle among residents of Lagos State. It brought together athletes and fitness enthusiasts from different backgrounds and localities to compete in various fitness disciplines.
The news of Ikorodu's triumph has spread like wildfire across the region, sparking celebrations and a sense of pride among the local community. It is seen as a testament to the dedication and resilience of Ikorodu's youth, both at home and in the diaspora, who have consistently strived for excellence in the name of their beloved locality.
Residents of Ikorodu are hailing this victory as a positive representation of their community and an inspiration for the younger generation to continue striving for greatness. It has also reaffirmed Ikorodu's position as a vibrant and dynamic part of Lagos State.
As the celebrations continue, the people of Ikorodu express their gratitude to the athletes and organizers of the Lagos Fitness Challenge for providing a platform for showcasing their talent and fostering a culture of fitness and wellness. The triumph of Ikorodu in this competition is a resounding reminder that with determination, unity, and a commitment to excellence, the sky is the limit for this remarkable community.

2 min read

IKORODU CELEBRATES UNPRECEDENTED VICTORY IN LAGOS FITNESS CHALLENGE ®™√ INN Nigeria ©

9 hours ago INN

998jjjj8164555465718868823 Pastor Matthew Ashimolowo, the esteemed founder of Kingsway International Christian Centre (KICC), has revealed ambitious plans for the upcoming Christ Compassion Crusade, scheduled to take place from the 6th to the 11th of November 2023 in Igbogbo Baiyeku LCDA of Ikorodu.
During a recent broadcast on his Kicconline channel's "Morning Glow" program, Pastor Matthew Ashimolowo shared heartwarming updates on the preparations for the crusade, demonstrating his unwavering commitment to bringing hope and support to the rural world.
The Christ Compassion Crusade's preparations have been nothing short of remarkable. The dedicated team behind the event has already secured a significant quantity of essential supplies, including one thousand bags of Garri, 30 thousand bags of soaps, 24 thousand printed exercise books, 10 thousand buckets, 10 thousand bags of salt, 10 thousand bags of sugar, and two solid generators, one of which is a 350kVA powerhouse. In addition to these tangible resources, Pastor Matthew emphasized the importance of collaboration and spiritual guidance. The crusade team has convened with 320 pastors on the ground to ensure the event's effectiveness, highlighting the spirit of unity and purpose.
Healthcare is a prominent component of the Christ Compassion Crusade. The medical outreach aims to serve over 30 thousand people, with plans to provide 10 thousand deworming tablets for children. Furthermore, free surgeries will be conducted at the Ikorodu General Hospital, benefiting over 200 individuals. Quick tests for malaria, diabetes, and blood pressure, along with eye and dental care, will also be available.
To facilitate the event's logistics, Pastor Matthew Ashimolowo announced that 15 buses will be rented throughout the week. This effort alone is expected to cost £1,500. He called upon individuals led by the Holy Spirit to contribute their financial resources to support this noble cause. Pastor Matthew concluded his address with a powerful declaration, stating that Ikorodu has generously provided the land for the event. During the week-long program, he anticipates that "the glory of the Lord will be revealed, and the hand of God will be stretched across Ikorodu division," promising to expose and eliminate the powers of darkness.
The Christ Compassion Crusade is a non-denominational initiative that transcends boundaries, emphasizing community support. Among the extensive aid planned are 50 thousand bags of rice, 50 thousand bags of beans, 10 thousand bottles of cooking oil, 25 thousand schoolbooks, 25 thousand quality children's clothing, 15 thousand colourful Ankara materials, and 5 thousand reading glasses.
The forthcoming Christ Compassion Crusade in Ikorodu promises to be a beacon of hope, uniting people from diverse backgrounds to make a positive impact on the rural world and transform lives.

2 min read

PASTOR MATTHEW ASHIMOLOWO ANNOUNCES GRAND PLANS FOR CHRIST COMPASSION CRUSADE IN IKORODU ®™√ INN Nigeria ©

12 hours ago INN

INN's Sir Mikky Here, Let's Talk!

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