NEWS
CBN Extends Naira Swap Deadline To February 17
The Central Bank of Nigeria (CBN) has finally extended the deadline for the exchange of old Naira notes by 17 days. In a press statement issued on Sunday, the CBN governor, Godwin Emefiele, said the new deadline is February 10, 2023 with additional seven days. Details Later…
Buhari, Tinubu Meet At Aso Rock Villa
President Muhammadu Buhari on Wednesday morning, met with the presidential candidate of the ruling All Progressives Congress, Bola Tinubu, at the Presidential Villa, Abuja. According to senior presidency sources, the meeting, which was held at Buhari’s official residence, explains his 40-minute delay before arriving at the Council Chambers to chair this week’s Federal Executive Council meeting. The PUNCH reported that Buhari...
How To Report POS Agents Selling New Naira Notes – CBN
The Central Bank of Nigeria (CBN) has released emergency telephone numbers to the public to officially report erring Point of Sales (POS) agents selling new naira notes and that selling charging exorbitantly for withdrawal. The Director of, the CBN Governor’s Department, Mr. Joseph Omayuku, made this known during a briefing with journalists in Yenagoa, Bayelsa State capital on Tuesday. While warning...
Buhari Says His Achievements Must Be Preserved As He Inaugurates Transition Committee
President Muhammadu Buhari has inaugurated the Presidential Transition Council to facilitate and manage the 2023 transition programme to the next administration. The president, represented by the Secretary to the Government of the Federation (SGF), Boss Mustapha, said records of his achievements must be preserved. He had last Thursday approved the establishment of the council, and signed Executive Order 14, 2023 to...
Naira Notes Scarcity: Buhari Demarketing APC — NEF
The National Director of Publicity and Advocacy of the Northern Elders Forum, NEF, Hakeem Baba-Ahmed, has described the lingering naira notes scarcity as a ‘mess-up’ from president Muhamadu Buhari on the eve of the general elections. Speaking on Channels Television’s Politics Today, Baba-Ahmed, who insisted that the naira swap was a serious de-marketing for the ruling All Progressive Congress, APC,...
Court Dissolves Ebubeagu Security Organization
South-East security organization, popularly known as Ebubeagu, has been dissolved by a Federal High Court sitting in Abakaliki on Tuesday. The disbandment of the local vigilante organization News Band Newspaper gathered, was a result of human rights abuses, extortions, illegal arrests, and use of firearms. More details to follow….
Support For Obi Not About Political Positions – LP PCC
Dele Farotimi, a spokesperson for the Labour Party Presidential Campaign Council, claimed that he and many other party members were not backing the LP’s nominee, Peter Obi, in order to secure political positions should Obi win the upcoming election. This was said by the leader of the LP during an interview on the 2023 Verdict, a political program on Channels...
I Have Appointment With Buhari On Nnamdi Kanu’s Release – Gov. Soludo
Governor Chukwuma Soludo of Anambra state said he has booked an appointment with President Muhammadu Buhari, and waiting for an appointment to facilitate the immediate release of the detained leader of Indigenous People of Biafra (IPOB), Mazi Nnamdi Kanu. Soludo, who disclosed this on Monday in a quarterly statewide briefing on the activities of his government, reiterated his commitment to...
Falana Blasts CBN For Withdrawing Legal Tender Status From Old Naira Notes
Rights activist and Senior Advocate of Nigeria, Femi Falana, has lambasted the Central Bank of Nigeria, CBN, for allegedly flouting the interim injunction of the Supreme Court suspending the implementation of the February 10 deadline on the use of the old banknotes. ABN TV reports that the CBN had moved the deadline earlier set for the expiration of the legal tender status...
February 10 Deadline On Old Naira Notes Stands – CBN Boss, Emefiele
• threatens to arrest, and jail PoS agents charging above N200 for cash swap The Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, has said that there was no need to shift the February 10, 2023 deadline. He said this during a visit on Tuesday to the Ministry of Foreign Affairs, to discuss the monetary and currency redesign policy...
