Author: Vreporters
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Naira: Row over APC NWC meeting with govs
Vanguard News The controversy generated by the currency redesign policy of the Muhammadu Buhari administration further deepened, yesterday, as some members of the All Progressives Congress, APC, and National Working Committee, NWC, disowned today’s meeting. Sunday Vanguard had reported that the party’s National Chairman, Abdullahi Adamu, had, last Friday, scheduled a meeting between state governors…
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Labour Party’s Governorship, Senatorial, House of Reps Candidates Dump Peter Obi For Tinubu (Video)
With a few days left to the general election, some members of the Labour Party (LP) in the north-west zone have endorsed Bola Tinubu, presidential candidate of the All Progressives Congress (APC). Peter Obi, a former governor of Anambra, is the standard bearer of the LP. Addressing a press conference on Sunday, Bashir Ishaq, speaking…
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Naira Scarcity: Outcome of APC Chairman’s Meeting With APC Governors Revealed
The All Progressives Congress APC, has requested the Federal Government and the Central Bank of Nigeria CBN to comply with the interim order of the Supreme Court which asked parties to maintain the status quo with regards to the Naira redesign policy of the apex bank. This was the outcome of a meeting between state…
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EFCC Reacts To Purported Invasion of Tinubu’s Residence
The Economic and Financial Crimes Commission (EFCC) has reacted to reports suggesting that the anti-graft agency recently invaded the home of Asiwaju Bola Ahmed Tinubu, the presidential flagbearer of the All Progressives Congress (APC). The EFCC, in a statement on Sunday and signed by its spokesperson, Wilson Uwujaren on Sunday afternoon, rebutted the claims and…
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10 States Ask Supreme Court To Set Aside Buhari’s Ban On Old N500, N1,000 Notes
Ten states have asked the Supreme Court to set aside the pronouncement of President Muhammadu Buhari banning old N500 and N1,000 notes. The governors, in Suit No SC/CV/162/2023, filed on Friday by their counsel, A.J. Owonikoko (SAN), want the apex court to declare the President’s directives in his Thursday’s broadcast as unconstitutional. The plaintiffs in…
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Five Parties Collapse Structures For Atiku
Five political parties have collapsed their structures into the Peoples Democratic Party (PDP) and thrown weight behind the party’s flag bearer, Atiku Abubakar. They are the Allied Peoples Movement (APM), Action Alliance (AA), Action Peoples Party (APP), National Rescue Movement (NRM), and the African Democratic Congress (ADC). The parties disclosed their decision at the grand…
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HOW THE CASHLESS AND OLD NAIRA NOTES POLICY HAS AFFECTED NIGERIANS
HOW THE CASHLESS AND OLD NAIRA NOTES POLICY HAS AFFECTED NIGERIANS It’s no longer news that the cashless and the old naira notes policy have been forcefully imposed on the citizens of Nigeria However, since then, predominantly and virtually everyone including myself have been lacking cash in hand and pocket as well, in which the…
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Naira Scarcity: What Nigerian Stands To Loose – NESG
The acclaimed giant of Africa, Nigeria could face macroeconomic instability, loss of investor confidence and distrust in the financial system, should the current cash crunch arising from the naira redesign persist, the Nigerian Economic Summit Group, NESG, has warned. Other possible consequences of the crisis include restraint on both local and regional trade and constraint…
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WAEC Releases Second Series Results (See Breakdown)
The West African Examinations Council, WAEC, Nigeria, has announced the release of 2022 West African Senior School Certificate Examination, WASSCE, second series for private candidates. Recall that WASSCE 2022 second series for private candidates was conducted in Nigeria between Monday, October 31 and Thursday, December 15, with three thousand, three hundred and ninety-three. 3,393 examiners…
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How Buhari changed mind on reintroduction N500, N1,000 notes
The Nation Newspaper Fresh facts indicated yesterday that a minister and a top government official changed the plan of President Muhammadu Buhari to allow the recirculation of old N200, N500 and N1,000 notes till April 10. Also it came to light that state governors would have accepted the decision despite the fact that they wanted…