Category: News
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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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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…