Cash withdrawal limits stand, says Sanusi

The governor of Central Bank of Nigeria, Sanusi Lamido Sanusi, has turned down the request of senators to increase the threshold of free cash withdrawal to be enforced by CBN's latest cash withdrawal policy.

Mr Sanusi, in company of his deputies, could not wait to leave the Senate Hearing Room 1 venue of the Thursday meeting with members of the senate committee on Banking, Insurance and other financial institutions before he declined the senators' request to slack the policy.

"For now, let us leave it at that," he told the senators shortly after they made their views known on the policy.

Mr Sanusi explained that although the variables in the policy are not cast in stone, it is an ambitious target the organisation hopes to achieve. The senators were worried the new policy would scare bank customers and in the long run make doing business in Nigeria more expensive.

Amaechi emerges new Governors’ Forum chair

Ilorin – Governor Chibuke Rotimi Amaechi of Rivers State, yesterday, emerged, the new Chairman of Nigeria Governors’ Forum.

Amaechi, who  emerged a consensus candidate at a valedictory meeting of the Forum in Ilorin in honour of the outgone chairman, Governor Bukola Saraki of Kwara State is expected to serve for two years.

The host and former chairman of NGF, Gov. Saraki briefed newsmen after a meeting, in Government House, Ilorin.

She's not my daughter

Superstar actress Genevieve Nnaji has come out to clear the air, stating that her look-alike teenager who posed in a picture uploaded online recently with her, was one of her teeming fans and not her daughter either

The actress offered this explanation, as internet boggers are drawing conclusion that the beautiful teenager is her daughter.

Genny had a daughter at the age of 17, whom she has not allowed to grow up in the public eye. But reacting to the picture on her Twitter page, Genny was quoted as denying the fact that the young girl was not her daughter. She writes , “ well, while some hv decided to allow thir curiosity gt the better part of dem and be gullible to jist about anything, some people however still do as they pls and not give in to pressure of any kind.

U.S. gives Nigeria refurbished warship

New York -  Nigeria on Friday receive a refurbished U.S. warship ‘CHASE’ from  the U.S. Guard base in San Diego, California, CHASE after being commissioned in 1968, participated in Operation Market Time during the Vietnam War.

“From December 1969 to May 1970, under Commander, Task Force 115, CGC CHASE participated in more than 12  gunfire support missions in the Vietnam War,” a history of CHASE posted on the USCGC website says.

In 1998, CHASE, while on a patrol in the Persian Gulf, diverted four vessels in violation of UN sanctions against Iraq, interdicted 1,527,740 gallons of fuel oil and conducted 86 gunnery exercises.

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Officials: SEALs thought bin Laden went for weapon

Blood on the floor of one of the rooms at Osama bin Laden's compound in Pakistan

OSAMA BIN LADEN was unarmed when commandos burst into his room and shot him dead, the White House has revealed, raising questions about whether the US ever planned to capture the terrorist leader alive.

The Obama administration, meanwhile, was still debating whether to release gruesome images of bin Laden's corpse, balancing efforts to demonstrate to the world that he was dead against the risk that the images could provoke further anti-US sentiment.

Osama bin Laden killed in Pakistan, Obama says

Osama bin Laden, the Saudi extremist whose al-Qaida terrorist organization killed more than 3,000 people in coordinated attacks on the U.S. on Sept. 11, 2001, is dead following a military operation in Pakistan and the U.S. has recovered his body, U.S. President Barack Obama announced Sunday night. "Justice has been done," the president declared as crowds formed outside the White House to celebrate, singing "The Star-Spangled Banner" and "We Are the Champions," NBC News reported.

Obama said bin Laden, 54, whom he called a terrorist "responsible for the murder of thousands of American men, women and children," was killed in Pakistan earlier in the day after a firefight at a compound in the city of Abbottabad in a military operation that was based on U.S. intelligence.
Other U.S. officials said one of bin Laden's sons and two of his most trusted couriers also were killed, as was an unidentified woman who was used as a human shield.
The news immediately raised concerns that reprisal attacks from al-Qaida and other Islamist extremist groups could follow soon.