archiveFebruary 2023

The Nigeria Economic Summit Group (NESG) has advised the Central Bank of Nigeria to reconsider prolonging the usage of the old notes side-by-side with the newly redesigned notes. In its report titled “Naira Redesign Policy: Caught in the Web”, the group also advised the CBN to expedite the printing of...

The Kaduna State Governor, Nasir El-Rufai, has denied that governors are against the naira redesign because it would prevent them from inducing voters during the forthcoming elections. According to El-Rufai, governors kicked against the policy as a result of the hardship it had brought upon the citizens, adding that the...

First Lady Aisha Buhari has said a fake statement falsely attributed to the Central Bank of Nigeria (CBN), shared via her Instagram handle, was posted by hackers. The President’s wife disowned the post in a statement she released through her Instagram account on Tuesday, February 21. She further disclosed that...

  The Court of Appeal on Tuesday, confirmed the election of Ekiti State Governor, Biodun Oyebanji, in a ruling that affirmed the June 18, 2022, gubernatorial election in the state. While delivering the judgment, a three-member panel of the court dismissed an appeal filed by the candidate of the Social...

The National Christian Elders Forum (NCEF) on Tuesday endorsed the presidential flag-bearer of the Labour Party, Peter Obi. The Christian elders’ forum is piloted by a former Minister of Defence-General Theophilus Danjuma (rtd). The Christian elders officially disclosed their support for Obi in a statement signed by its Secretary, Pastor...

The Central Bank of Nigeria (CBN) says only N200 old notes are to be reissued and circulated concurrently with the new notes in line with the directives of President Muhammadu Buhari. The bank restated this in a statement jointly signed by Edward Adamu, Deputy Governor, Corporate Services, and Osita Nwanisobi,...

Rivers State Governor, Nyesom Wike, has reiterated that he will not join the All Progressives Congress (APC), despite its stance on zoning the presidency to the south. The governor, who described the insinuations that he will defect to the APC as speculative, maintained that he remained an unrepentant member of...

  says mental and physical development of our children are at stake Aside from other key development indices, the lives of young people and the future of the country depend largely on the collective efforts by public and private sectors towards improving human nutrition outcomes across the country, according to...

    we thank Governor Adeleke for maintaining peace-CBN we have issued queries to some banks - CBN   The Executive Governor of Osun State, Senator Ademola Adeleke, has warned against hoarding of new naira notes by commercial banks, calling on the Central Bank of Nigeria (CBN) to sanction financial...

    Human rights lawyer and Senior Advocate of Nigeria (SAN) Femi Falana has given the Central Bank of Nigeria (CBN) seven days to explain how the bank distributed the new naira notes. The CBN had stated that it printed enough brand-new N200, N500, and N1,000 notes to go around...