Emefiele finally bows to pressure, says old naira notes legal tender

Exactly 10 days after the Supreme Court judgement mandating the use of old N,1000 and N500 notes as legal tender till December 31, 2023, the Central Bank of Nigeria Governor, Godwin Emefiele, on Monday bowed to pressure and officially ordered commercial banks to comply with the court verdict. He also announced that the old N200, […]

Continue Reading

CBN debunks report of Emefiele plotting against Tinubu

He will transform Nigeria –  Ex-envoy Iji By Banji Ayoola Against the background of worsening hardship across the land due to the cash crisis following the naira design policy of the Federal Government, the Central Bank of Nigeria (CBN) has debunked allegations that its governor, Godwin Emefiele, was plotting against the president-elect, Bola Tinubu. Emefiele […]

Continue Reading

Borno, Yobe risk acute food shortage, World Bank alerts

Five African countries among top 10 with worst food inflation The World Bank has identified Borno and Yobe states as areas where food insecurity could deteriorate to a crisis condition in the next three months, as the dry season continues. The two North East states, according to the World Bank, could join western and southern […]

Continue Reading

Election materials: We have nothing to hide, INEC chair tells LP legal team

Chairman, Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu (left) and Lead Counsel of Labour Party (LP) Legal Team, Dr. Livy Uzoukwu at the INEC headquarters in Abuja…yesterday. • Avert national calamity, release documents requested promptly, says Obi’s lead counsel • Obi insists presidential election marred with irregularities, can never be acceptable • Buhari: February […]

Continue Reading

Shekarau, Nnamani: How INEC can overcome mischief by candidates, parties

Senators Chimaroke Nnamani and Ibrahim Shekarau are both former two-term governors of Enugu and Kano State. The two former governors, who represented their respective districts in the senate, recently joined hands to bring the operation of the Independent National Electoral Commission (INEC) into further public scrutiny. Both men had aspired to return to the Red […]

Continue Reading

#EndSARS panels’ reports raise need to tackle impunity, lawlessness

A demonstrator holds a placard to protest against abuses by the Special Anti-Robbery Squad (SARS) at the Lekki toll Plaza in Lagos, on October 12, 2020. – Nigerians protested to pressure the government to follow through on disbanding a feared police unit after authorities made the rare concession in the face of widespread anger over […]

Continue Reading

Buhari absolves self as CBN finally obeys Supreme Court order

• CBN has no reason not to obey Supreme Court on naira redesign policy • CBN releases cash to banks as rationing intensifies • Obey Supreme Court judgment, NBA urges FG, CBN • Middle Belt Forum, Kogi urge action on S’Court ruling Ten days after Supreme Court ruling directing continued use of old N500 and […]

Continue Reading

Osun tribunal: Appeal Court reserves judgement on Adeleke’s appeal

The Court of Appeal sitting in Abuja on Monday reserved judgement on the Osun State governorship appeal filed by Governor Ademola Adeleke. The appeal filed by Adeleke of the Peoples Democratic Party is against a judgment of the tribunal which invalidated his election as governor of Osun State. The three-member panel of justices led by […]

Continue Reading

Ondo PDP: We won’t lose sleep over serial decampees

The Peoples Democratic Party (PDP) in Ondo State on Monday said that it would not lose sleep over serial decampees who it described as political prostitutes. In a statement by its State spokesman, Mr Kennedy Ikantu Peretei, the party said that it was not disturbed by the exit of Mr Banji Okunomo and Mr Solomon […]

Continue Reading

Presidential poll: I’m challenging the process, not outcome, says Obi

The presidential candidate of the Labour Party in the February 25 Presidential and National Assembly elections, Peter Obi, has said that he is challenging the process leading to the declaration of the President-elect, Bola Tinubu of the All Progressives Congress, as the winner of the election and not the declaration itself. Obi said this during […]

Continue Reading