The Kogi State branch of the Central Bank of Nigeria has ordered individuals with less than N500,000 to visit their various banks to exchange them with new naira notes. Checks at bank offices located at Hassan Katsina Road, Zone 8 in Lokoja revealed those with less than 500,000 were advised to visit their banks, Nigerian…
President Muhammadu Buhari, again, met with the presidential candidate of the ruling All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu, at the Presidential Villa, Abuja yesterday. The meeting, reportedly held at the Residence inside the Villa, before the weekly Federal Executive Council (FEC) meeting, according to reliable sources. Though the reason for the meeting could…
A Lagos state High Court at Tafawa Balewa Square on Tuesday ordered convicted billionaire kidnap kingpin, Chukwudumeme Onwuamadike, popularly known as Evans, to refund the sum of €233,000, ransom he coercively collected from one of his kidnap victims, Chief Donatus Dunu. In addition, Justice Olukayode Ogunjobi ordered the convicted kidnapper to pay the sum of…
The Ondo State Governor, Mr Rotimi Akeredolu, says the Central Bank Governor, Mr Godwin Emefiele, is not fit for the position. The governor regretted that the President, Major General Muhammadu Buhari (retd.), failed to sack Emefiele, after the CBN governor allegedly joined the presidential race. According to Akeredolu, a man who attempted to become President…
There was pandemonium at the premises of the Central Bank of Nigeria, along Udo Udoma Avenue, Uyo, capital of Akwa Ibom State, as police operatives reportedly fired several canisters of teargas on hundreds of people, mainly depositors, who thronged the bank to deposit their old naira notes. People were seen scampering for safety during the…
Lagos State Governor, Babajide Sanwo-Olu has warned those rejecting old naira notes to desist or face prosecution. He said the rejection of old N200, N500 and N1,000 notes is contrary to the position of the Supreme Court. The governor made this known in a statement signed by the Commissioner of Information and Strategy, Gbenga Omotoso…
The Supreme Court has said its February 8 order barring the Federal Government and its agencies from enforcing the February 10 deadline for the use of old 200, 500 and 1000 naira notes still subsist. The court made the clarification on Wednesday following complaint by lawyer to Kaduna, Kogi and Zamfara states, Abdulhakeem Mustapha (SAN)…
Special Assistant, Public Communication to Atiku Abubakar, Peoples Democratic Party (PDP) Presidential Candidate, Mr. Phrank Shaibu, has asked Femi Fani-Kayode, Director of Special Projects and New media of the Tinubu/Shettima Presidential Campaign Council, to apologise to his principal. In a series of tweets on Saturday, Fani-Kayode had said he learnt that Atiku had a secret…
Governor Oluwarotimi Akeredolu of Ondo State, on Wednesday, stated that the Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, is not fit to head the apex bank. According to Akeredolu, the CBN governor ought to have been booted from office when he showed interest in contesting for the presidential ticket of the All…
Over 120 anti-corruption civil society organisations have called for the removal of the Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa, for what they termed his alleged politicisation of the agency, disobedience to court orders and infringement on human rights of Nigerians. The CSOs, in a petition on Tuesday, demanded that the EFCC…
