Banks Yet To Start Cash Payment, Leaving Customers Stranded
Commercial banks in some satellite towns of Nigeria’s Federal Capital Territory (FCT) had yet to start cash payment, leaving customers stranded and frustrated in spite of the Supreme Court ruling on recirculation of old N500 and N1,000 notes. The News…
Buhari Seeks Duty-free Market Access for Least Developed Countries
President Muhammadu Buhari has called on developed and developing nations to grant duty-free and quota-free market access for products originating from the world’s 46 least-developed countries. He said that this would ensure their integration in regional and global value chains….
FULL TEXT: State Broadcast by Governor Nasir El-Rufai of Kaduna State on Federal Government’s Naira Redesign Policy
One of the leading All Progressives Congress (APC) Governors against the Federal Government naira redesign police, Governor Nasir El-Rufai of Kaduna State, made a state-wide broadcast on Thursday night titled, “Let us Stand Up Strongly For Democracy, Peace And National…
Naira Redesign Policy: Full Text Of President Muhammadu Buhari’s National Broadcast
NATIONAL BROADCAST BY HIS EXCELLENCY MUHAMMADU BUHARI, PRESIDENT, FEDERAL REPUBLIC OF NIGERIA ON THE CHALLENGES OF THE CURRENCY SWAP AND STATE OF THE NATION, ON 16th FEBRUARY, 2023 My Dear Compatriots, I have found it necessary to address you today,…
Amid New Naira Notes Scarcity Abuja Residents Reject Old Notes As Malami Says FG Will Obey S’Court Ruling
Attorney General of the Federation (AGF) and Minister of Justice, Mr. Abubakar Malami, has said while the federal government would obey the ruling of the Supreme Court Of Nigeria, which put on hold the the deadline fixed by Central Bank…
BREAKING: Supreme Court Stops Implementation Of Old Naira Notes Swap Deadline
The implementation of the February 10 Deadline of the old 200, 500 and 1000 naira notes to stop being legal tender has been halted by the Supreme Court of Nigeria. This is as the Supreme Court restrained the Federal Government…
Court Stops CBN From Extending Naira Swap Beyond February 10 Deadline
Justice Eneojo Eneche of the Federal Capital Territory (FCT) High Court, has stopped the Central Bank of Nigeria (CBN), President Muhammadu Buhari and 27 commercial banks from suspending or interfering with the currency redesign terminal date of February 10, or…
EFCC Arrests Bank Manager for Hoarding N29m New Naira Notes
An Operations Manager of a leading Commercial bank in Abuja Central Area was today, February 6, 2023, arrested by operatives of the Economic and Financial Commission, EFCC, for refusing to load the Automated Teller Machines, ATMs, of the bank despite…
Buying Naira With Naira, Rantings And Musings
By Prince Charles Dickson Under pressure we wail under pressure Under pressure black people under pressure Under pressure nigerians under pressure No food in we belly No money in ah we pocket No bed we lay we head The people…
2023: Prince Adewole Adebayo Promises To Raise Nigeria’s Revenue If Elected As President
Prince Adewole Adebayo, the candidate of the Social Democratic Party (SDP) in the forthcoming presidential election, has promised to raise Nigeria’s revenue if elected on February 25. The SDP presidential candidate said this while responding to a question on Nigeria’s…
Gov. Zulum Tackles Banks: Dispense New Notes Or Get Your Land Revoked
Borno State Governor, Babagana Zulum has directed that any bank which refuses to dispense new naira notes via Automated Teller Machines (ATMs) and banking halls should have its land revoked by the state government. Zulum issued the directive on Friday…
