Beyond Headlines… More News
Human Rights Lawyer, Dr. Monday Ubani has said that the reintroduction of the old N200 notes into the Nigerian economy by President Muhammadu Buhari is an overruling of the Supreme Court order that says old notes remain a legal tender. The President in an address on Thursday ordered the CBN to recirculate the old N200 […]
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President Muhammadu Buhari on Thursday morning in his nationwide broadcast said that the Naira redesign policy has to a reasonable extent been able to curb money politics ahead of the February 25 election. President Buhari also charged the electorate to go out to vote for candidates of their choice without fear, saying that adequate security […]
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Osun State Governor, Senator Ademola Adeleke, has warned commercial banks operating in the state against hoarding New naira notes and rejecting old currency. A statement signed by the spokesperson to the governor, Olawale Rasheed, and obtained in Osogbo on Wednesday, said Adeleke also lamented the hardship Nigerians were exposed to over naira scarcity. Adeleke, who […]
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Against the backdrop of confusion over the execution of the Supreme Court order to stand down the deadline for acceptance of the old Naira banknote, Nigeria’s leading retailer, Shoprite, has stopped accepting the old notes in payment for purchases at its shops. Staff at the Shoprite Ikeja Mall, who confirmed this to Vanguard said that […]
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The Police Command in Oyo State says it has arrested some suspected hoodlums for allegedly stockpiling and smuggling arms into the state to cause violence, under the guise of peaceful protest over naira notes and fuel scarcity. The Commissioner of Police in the state, Adebowale Williams, made this known during a security summit, organised by […]
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The Anambra State Police command says it has uncovered plans by some groups of persons to take advantage of the new naira notes scarcity to unleash violence in some parts of the state, warning those involved to desist from it. The state Police Public Relations Officer, PPRO, Tochukwu Ikenga assured that the police would ensure […]
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Angry customers on Friday vented their anger on banks located around the Benin City center, the Ring Road, following their inability to make withdrawals both from the banking halls and their Automated Teller Machines (ATM). The aggrieved customers, mostly youths, also barricaded the entire Ring Road and its adjoining streets, thereby compelling motorists and pedestrians […]
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The Federal Government has described the current hardship faced by Nigerians over the redesign of the new naira note as necessary ‘pain’ to curb endemic corruption and grow the nation’s economy. The Minister of Finance, Budget, and National Planning Zainab Ahmed stated this during the weekly ministerial briefing at the State House in Abuja on […]
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The Central Bank of Nigeria (CBN) has observed, with grave concern, the activities of persons who sell the newly redesigned banknotes and those who flagrantly abuse the legal tender by hurling wads of Naira notes in the air and stamping on the currency at social functions. We have equally noticed the queues at Automated Teller […]
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Governor Abdullahi Umar Ganduje, yesterday, announced the postponement of President Muhammadu Buhari’s visit to Kano State to commission some projects, citing security reasons but interpreted in some quarters as a move to avoid a repeat of last Thursday’s protest by some Katsina residents to register their displeasure over the difficulties ongoing currency swap is causing […]
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