Africa Needs Adequate Financing To Tackle Poverty – ECA
The Economic Commission for Africa (ECA), says Africa needs adequate financing to tackle poverty on the continent and cushion the vulnerable groups while meeting its long-term development objectives. Acting Secretary-General of ECA, Antonio Pedro, said this during his closing remarks…
Naira Crisis: Why Your Response To Supreme Court Judgment Deceptive, Insincere – Arewa Groups To FG
The Coalition of Northern Groups (CNG) has said that the lame response by President Muhammadu Buhari to the Supreme Court of Nigeria order on Naira swap was only meant to deceive the nation. The CNG, in a statement signed by…
Nigerian Banks Comply With CBN Directive On Old N500, N1,000 Notes
In line with the order of the Central Bank of Nigeria (CBN) to Money Deposit Banks (MDBs) to pay out and collect old N500 and N1,000 notes to customers, there was compliance in many states of the federation on Tuesday….
Naira Redesign: Arewa Forum Knocks Buhari Over Supreme Court Order
The Arewa Consultative Forum (ACF) has faulted President Muhammadu Buhari for disobeying the Supreme Court of Nigeria judgment ordering the recirculation of the old naira notes till December 31, 2023. This is coming amid the lingering scarcity of new naira…
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…
