Category: News
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Don’t Extend Deadline For Naira Swap – Atiku Tells CBN
The Peoples Democratic Party presidential candidate, Atiku Abubakar, on Wednesday, urged the Central Bank of Nigeria not to grant a further extension after February 10 deadline for naira swap. This, he said, had become imperative to ensure the purpose and objective of initiating the redesigning of the currency are not destroyed. In a statement released…
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New Naira Notes: CBN Uncovers N4 Million Mismanaged By Commercial Banks
The Central Bank of Nigeria, on Tuesday, said it has uncovered N4 million of new naira notes mismanaged by a commercial bank in Ogun State. It also accused commercial banks of sabotaging the efforts of the CBN in making the new naira notes available. The Deputy Director, Banking Supervision Department, CBN Lagos, Kayode Makinde, disclosed…
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2023: Why NUC Can’t Order Closure of Varsities, Polytechnics, Others – ASUU
Punch Newspaper The Academic Staff Union of Universities, ASUU, on Tuesday said it was not in the purview of the National Universities Commission and other tertiary institutions regulatory agencies to order closure of schools to allow students in universities, polytechnics and colleges of education to vote during the forthcoming elections. A member of the National…
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Labour Party Campaign Director Defects To PDP
Alhassan Bawu, the Bauchi State campaign director of the Labour Party (LP) presidential candidate, Peter Obi, has dumped the party for the Peoples Democratic Party (PDP). He said he was switching camp to the PDP alongside other officials of the party in the North-East. Mr Bawu stated at a news conference in Bauchi on Tuesday…
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CBN Clears Air Over Acceptance of Old Naira Notes After Deadline
The Central Bank of Nigeria (CBN) has clarified the position of the apex bank chief, Godwin Emefiele, that old N200, N500 and N1,000 will be accepted after the February 10, 2023 fresh deadline. Speaking with newsmen in Abuja on Tuesday, the Director of the Corporate Communications Department at the CBN, Osita Nwanisobi, explained that the…
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Banks Will Accept Old Naira Notes After Deadline – Emefiele Assures Nigerians
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has assured Nigerians that banks will continue to accept old naira notes after the stipulated deadline. Emefiele spoke on Tuesday when he appeared at an interactive session with the house of representatives ad hoc committee on the currency redesign and naira swap policy. He…
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Emefiele Bows To Pressure, Appears Before Reps
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has finally succumbed to pressure as he is set to physically appear before the House of Representatives’ Ad-hoc Committee investigating the new cash withdrawal limit and cash swap policy. Emefiele who was sighted at the National Assembly complex, was accompanied by top CBN management team.…
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CBN Reveals Amount of New Naira Notes Disbursed To Banks Daily
The Central Bank of Nigeria (CBN) in Bauchi says it allocates N30 million new naira notes daily to each branch of commercial banks in the state to increase customers’ access to the new notes. CBN official Abdulkadir Jibrin said this while monitoring banks in Bauchi on Monday to ensure residents have access to the new…
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Knife-wielding Female UNIABUJA Student ‘Sets’ Hostel on Fire (Video)
A knife-wielding female student (name withheld) of the University of Abuja, on Monday, reportedly set her hostel on fire. A viral video obtained sighted by Vreporters shows the moment the student torched her hostel bed and watched it burn down the whole room. A closer look showed the said lady wielding a knife to scare…
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Management Reacts Over Viral Video of Lady Who Claims To Have Graduated With Aid of Her Private Parts
The management of the Federal Polytechnic Nekede in Imo state has reacted to a viral video of a female student who claimed she graduated from the school with the assistance of her private parts. In the video uploaded on TikTok, the yet-to-be-identified student made the shocking revelation after the completion of her project defence. According…