The Central Bank of Nigeria (CBN) has attributed hoarding of the new Naira notes as being responsible for its scarcity, and not that small quantity was issued out. The CBN Director, Consumer Protection, Mrs Rashidat Mongunu, said this on Thursday…
The Presidential Candidate of the All Progressives Congress (APC), Asiwaju Bola Tinubu has commended the supreme court for halting the ban on the old N200, N500 and N1000 to remain legal tender beyond the February 10 deadline until the case…
The Supreme Court of Nigeria has restrained the Federal Government from continuing with the full implementation of the demonetization policy. Three northern states, Kaduna, Kogi and Zamfara, had, in a motion ex-parte filed on February 3rd, prayed the apex court…
By Jeleel Olawale The Labour Party’s candidate for the House of Representatives, Ife Federal Constituency, Mr. Olamide Awosunle has declared that Nigerians are currently facing serious hardship in the face of the naira redesign. He said the hardship ordinary Nigerians…
The Action Alliance (AA) Party, has reacted to the court injunction requested by Kenneth Udeze, its former national chairman, asking an FCT High Court to stop CBN from extending the deadline for the new naira note swap. Describing Udeze’s request…
The Indigenous People of Biafra, IPOB, has said the Central Bank of Nigeria, CBN, Governor, Godwin Emefiele does not have the money to fund its activities. IPOB accused the Department of State Services, DSS, of plotting to humiliate Emefiele out…
The Deputy Governor of Zamfara State, Senator Hassan Muhammad Gusau, has expressed dissatisfaction over the operations of the Central Bank of Nigeria, CBN, and other commercial banks in the state when he paid them an unscheduled visit. Sen Gusau said…
Mr Dumebi Kachikwu, African Democratic Congress, ADC, presidential candidate, said the insufficient circulation of the new Naira notes posed great threats to the country’s peace. Kachikwu said this in a statement on Tuesday in Abuja. He said it was disheartening…
…Extracts promise of relief from Tuesday The Ogun State Governor, Dapo Abiodun, on Monday, paid an unscheduled visit to the Abeokuta branch of the Central Bank of Nigeria to seek relief on the amounts that citizens can withdraw in exchange…
By Ismail Azeez, Osogbo A Pan-Yoruba Cultural group, Oodua Youth Parliament (OYP) has gave a three-day ultimatum to Governor of the Central Bank on Nigeria (CBN) , Godwin Emefiele and Mala Kyari to solve the current problems of naira and…
