Category: News
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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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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…
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EXPOSED: How CBN reversed itself on Old notes but accused media of fake news
Daily Trust Following the directive of President Muhammadu Buhari that Nigerians should take old N500 and N1000 notes to the Central Bank of Nigeria (CBN), many thronged offices of the apex bank across the nation on Friday. As early as 1am, people had lined up in front of the CBN office in Marina, Lagos, where…
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CBN bows to pressure; you can now take old N500, N1,000 to banks
The Central Bank of Nigeria, CBN, has bowed to pressure and ordered Deposit Money Banks to collect old N500 and N1,000 notes from customers. In view of that every Nigerian that has old N500 and N1000 notes can now take it to banks. Many Nigerians early this morning stormed the CBN offices and demanded that…
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NHRC Poll Tips Tinubu For Victory- The NHRC
A poll conducted by the Nigerian Human Rights Community (NHRC) has tipped Bola Tinubu to win the presidential election. The NHRC comprising 134 civil liberty and community-based organisations disclosed this in a report of a survey released on Thursday. “Out of the 19365 respondents interviewed, 7940 (41%) are voting for the candidate of the APC…
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New Naira: UK issues safety advisories on banks, ATMs
The United Kingdom, through its Foreign, Commonwealth and Development Office, has issued safety advisories to its citizens in Nigeria and those travelling into Nigeria following the Central Bank of Nigeria naira redesign policy. In its updated advisories on Wednesday, the country urged its citizens in Nigeria and those travelling into the country to take extra…
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It’s Official: Buhari Extends Validity of Old Naira Note
President Muhammadu Buhari has announced the extension of the validity of old N200 notes till April 10. TheCable, on Wednesday, reported that the president was considering the extension, given the adverse impacts of the naira redesign policy on Nigerians. Announcing the development in a televised nationwide address on Thursday, the president said all existing old…
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Naira Scarcity: FG Considers Out-of-Court Settlement
Press Release Malam Nasir El-Rufai would like to clarify that there has been no meeting this week between the FG and either the Nigerian Governors’ Forum (NGF) or the Progressive Governors Forum (PGF), not to talk of one lasting till the wee hours of today, Wednesday, 15 February 2023. Rather, senior officials of the FG…