POLITICAL UPDATES: James Ibori's Daughter Wins PDP House of Assembly Ticket in Delta State

The daughter of former governor of Delta state James Ibori, Ms Erhiatake Ibori has won the PDP House of Assembly ticket for Ethiope West constituency. Ms Ibori clinched the party's ticket during the state PDP primaries which held this past Saturday November 29th. Other contenders for the ticket boycotted the primaries making her emerge the winner. Former Governor of Delta State James Ibori, who was jailed in UK after he was convicted of stealing $80m meant for his State, is still making money through his companies. The story of former Delta State governor James Ibori is not unlike that of the late Colombian drug lord Pablo

BANKING INFO: - Central Bank of Nigeria To Introduce Lower Denominations On Atms -

The Central Bank of Nigeria (CBN) is planning on introducing lower denomination of N200 and N100 on automated teller machines (ATMs) nationwide, the Daily Independent reports. “We are working towards having the mix of lower and higher denominations and we believe that this will be acceptable by Nigerians and will further enhance the use of ATMs and promote cashless policy further into the rural areas and also drive the policy of financial inclusion”, Head, Payment System Policy and Oversight Division