President Muhammadu Buhari acknowledge cheers from supporters President Muhammadu Buhari on Thursday ordered the Central Bank of Nigeria (CBN) to allow the old 200 naira notes and redesigned 200, 500 and 1000 naira notes to coexist. He gave the directive to the CBN in a national broadcast aired on national stations. The president said only […]
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By Abdu Rafiu It all began in 1981 — the tearing down of barriers between man and woman in, of all places, Christendom. We have the Anglican Communion, the Church of Nigeria to thank for putting up vigorous resistance to the abomination. Last Sunday, 12 February, it issued a strong statement denouncing the decision of […]
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Bureau de change. Photo: QZ Having spent billions of dollars and lost no less than N8 trillion to rent seekers who exploit the multiple rates in the foreign exchange (FX) market to rip off the country within three years between 2020 and last year, it is high time the Central Bank of Nigeria (CBN) reappraised […]
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Shell Petroleum Development Company A High Court sitting in Port Harcourt has issued an order restraining Shell Petroleum Development Company (SPDC) from interfering with the Government of Rivers State’s title, right and interest over fixed landed assets comprised in Kidney Island Base, Port Harcourt and interests in Lands comprised in OML 11. The court, presided […]
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For peaceful relationship between farmers and herders, Governor Abdullahi Ganduje of Kano State has backed establishment of ranches in the country. His position was endorsed by the Vice President of Islamic Development Bank (IDB), Mansur Muhtar, who regretted that between 2016 and now, no fewer than 4,000 persons have died in conflicts, with thousands sustaining […]
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Inspector-General of Police Usman Alkali Baba Photo: Twitter DSS questions Fani-Kayode over coup allegations Coup Scare: I regret my action, says Fani-Kayode Atiku commends DSS for inviting Fani-Kayode, says ex-Aviation Minister not acting alone NPSA: Idea of interim govt should be shot down, rejected Ahead of the 2023 general elections scheduled to kick off on […]
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Femi Falana and Godwin Emefiele Rights activist and Senior Advocate of Nigeria, Femi Falana, has lambasted the Central Bank of Nigeria 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. The CBN had moved the deadline earlier set for […]
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Still no respite on new naira notes, as Lagosians try their hands at ATM gallery in Oja-Oba, Abule-Egba, Lagos …yesterday • CBN: Embrace eNaira, internet banking as alternatives to cash • Apex bank loses N15b to hoarding, explains how to exchange old notes • BDCs profit from naira scarcity, lower exchange rate for cash transaction […]
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President Muhammadu Buhari, M, after presiding over the launch of the Newly Redesigned Naira Notes at the State House, Abuja… Photo: Twitter/NigeriaGOV The Central Bank of Nigeria (CBN) said old naira notes of ₦200, ₦500, ₦1000 notes are no longer legal tender in the country. The CBN declared that the old ₦200, ₦500, ₦1000 notes […]
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Nigerians have been urged to pray more fervently to the Almighty to choose the right President for them in the forthcoming general elections, which are just few weeks away. The charge was given on Friday, 10 February, 2023 by the Leader (Waali) of the Muslim Congress (TMC), Ondo State, Ustaadh Abdul-Wasiu Kayode Babalola in his […]
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