Four days to polls: Naira chaos grounds economy

Customers waiting to withdraw new naira notes at a bank in Abuja The chaos trailing the cash scarcity has assumed a worrisome dimension with the organised private sector raising the alarm that the crisis has grounded the economy. Members of the organised private sector including the Lagos Chamber of Commerce and Industry, Nigerian Employers Consultative […]

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LP supporter’s hand amputated after attack at Obi’s Lagos rally

Obi/Datti supporters during a rally at the National Stadium, Surulere, Lagos… on Saturday. Photo: Saheed Olugbon A yet-to-be identified supporter of the Labour Party in Lagos State has had his hand amputated after the attack that rocked the grand finale of the presidential campaign rally of the party in the state last week. The Director […]

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Court halts INEC’s logistics deal with MC Oluomo team

Justice Chukwuejekwu Aneke of a Federal High Court sitting in Lagos, yesterday, granted an order of interlocutory injunction restraining the Independent National Electoral Commission (INEC) from engaging the Musiliu Akinsanya (aka MC Oluomo)-led Lagos State Parks Management Committee or any of its commercial bus drivers to move election materials and personnel for this year’s general […]

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Abia leads as JAMB registers over 1.5m candidates for 2023 UTME

The Joint Admissions and Matriculation Board (JAMB, yesterday, announced that it has registered over 1.5 million candidates for this year’s Unified Tertiary Matriculation Examination (UTME). The board gave the figure in the latest edition of its weekly bulletin, released yesterday. Data by the board showed that a total of 1,549,383 candidates have registered for the […]

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NBC tells broadcast stations to stop airing political campaigns 24 hours before elections

In line with the Electoral Act 2022, National Broadcasting Commission (NBC) has urged broadcast stations to stop airing political campaigns 24 hours before elections. NBC’s Director Monitoring, Franca Aiyetan, stated that broadcasters “shall adhere strictly to guidelines provided in the Electoral Act 2022, all extant rules and guidelines on political coverage, therefore political broadcast shall […]

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CBN naira policy: Comprehensive approach on Nigerian economy

By Samuel Agbelusi The Central Bank of Nigeria (CBN) on October 26 2022, announced the introduction of redesigned N200, N500 and N1,000 banknotes into the financial system. According to CBN, the redesigned denominations of N200, N500 and N1,000 naira notes and new limits on large cash withdrawals would help curb money laundering and make digital […]

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Currency swap: How not to run a country

President Muhammadu Buhari acknowledge cheers from supporters President Muhammadu Buhari-led administration has a duty to apologise to Nigerians for the failure in implementing the redesign policy of the naira and swapping old currencies with the new N200, N500 and N1000 notes. The government has an even more sacred duty to apologise for the unprecedented, horrendous […]

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Give naira redesign policy a chance to work, NOA tells Nigerians

Political violence and disturbances have become part of history – Abari Says general election activities overshadowing census awareness Nigerians misunderstand the naira redesign policy Director-General of National Orientation Agency (NOA), Dr Garba Abari, on Monday, urged Nigerians to give the Central Bank of Nigeria (CBN) naira redesign policy a chance to work. He said that […]

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Court dismisses suit seeking sack of IGP Alkali Baba Usman

A Federal High Court in Abuja on Tuesday dismissed a suit seeking the removal of Alkali Baba Usman as the Inspector General of Police IGP. The suit instituted against President Muhammadu Buhari and four others by an Abuja activist, Micheal Sam Idoko was dismissed by Justice John Omotoso. In his judgment, Justice Omotoso invoked section […]

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