President Muhammadu Buhari has announced the extension of the validity of old N200 notes till April 10. Announcing the development in a televised nationwide address on Thursday, the president said all existing old N1000 and N500 notes remain redeemable at the Central Bank of Nigeria (CBN) and designated points “To …
Read More »Monthly Archives: February 2023
Just In: Supreme Court Restrains CBN From Implementing Deadline For Old Naira Notes
The Supreme Court of Nigeria has restrained the Federal Government from implementing the February 10 Deadline for the old 200, 500, and 1000 naira notes to stop being legal tender. Three Northern States, Kaduna, Kogi, and Zamfara, had in a motion ex-parte filed on February 3rd, prayed to the apex …
Read More »Sterling Bank senior officials arrested for hoarding N258m new notes in Abuja
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it has arrested the Regional and Service managers of Sterling Bank Plc in the federal capital territory for hoarding N258 million of the new naira notes. The commission, in a statement made available to us on Tuesday night said …
Read More »Court frees ex-Gov Okorocha, others for alleged N3b fraud
A Federal High Court sitting in Abuja has discharged Rochas Okorocha, former Governor of Imo State, and six others from an N3 billion fraud charge brought against them by the Economic and Financial Crimes Commission (EFCC). In a ruling on Monday, Justice Inyang Ekwo upheld the objection raised by the …
Read More »Naira redesign: Don’t make Nigerians scapegoats, says Atiku
The PDP standard bearer, Atiku Abubakar, has told the Federal Government not to allow Nigerians to be made scapegoats “in the ongoing battle of titans over the redesign of the naira’’. Mr. Atiku made the appeal in a statement by his media aides in Abuja on Tuesday. He said that …
Read More »Opposition parties blocking Buhari from ending cash crunch – Lai Mohammed
The Federal Government on Tuesday in Abuja accused some opposition parties of legally hamstringing President Muhammadu Buhari from providing relief for Nigerians suffering agonies of cash crunch resulting from naira redesign. Minister of Information and Culture, Lai Mohammed levelled the accusation at the 23rd edition of President Muhammadu Buhari’s, PMB, administration …
Read More »Buhari pays tribute to Hilda Adefarasin
President Muhammadu Buhari has sent a condolence message to the Adefarasins on the passing of the matriarch of the family, Mrs. Hilda Adefarasin. Hilda Adefarasin passed died on Monday at the age of 98. The Special Adviser to the President (Media & Publicity) Femi Adesina, in a statement on Monday, …
Read More »PDP can’t suspend Wike – Court
A Federal High Court in Abuja has restrained the People’s Democratic Party (PDP) from suspending or expelling the Governor of Rivers, Nyesom Wike, from the party. Justice James Omotosho made the order following an ex-parte motion filed by Governor Wike against the PDP and its top officials. The News Agency …
Read More »Ghanaian professional footballer, Christian Atsu injured in Turkey earthquake
Ex-Chelsea player, Christian Atsu, was trapped in the massive earthquake that rocked Turkey and Syria on Monday. He was initially declared missing but has now been found alive with injuries. The 31-year-old, who played for both Chelsea and Newcastle during his time in the Premier League, was caught up in …
Read More »Supreme court affirms Lawan as Yobe North Senatorial candidate
The Supreme Court has affirmed Ahmed Lawan as the authentic Candidate of the All Progressives Congress APC in the Yobe North Senatorial District. In the lead judgment delivered on Monday, February 6, Justice Centus Nweze faulted the approach of Bashir Machina in commencing the suit at the Federal High Court …
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