The Economic and Financial Crimes Commission has said it arrested members of a syndicate of currency racketeers keeping and trading in the new Naira notes in Abuja. According to the EFCC spokesperson, Wilson Uwujaren, the operations were carried out in Zone 4 and Dei Dei axis of the Federal Capital Territory between Saturday and Monday….
Despite the extension of the deadline by the Central Bank of Nigeria on Sunday, scarcity of the new naira notes worsened yesterday as Nigerians were unable to get cash from counters in banks in many parts of the country. It was also tough getting money from Automated Teller Machines (ATMs) of the banks as well…
…Blames Tinubu, Ganduje The Peoples Democratic Party (PDP) in the strongest terms condemns the attack on President Muhammadu Buhari today in Kano State by miscreants allegedly sponsored by the Presidential Candidate of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu.This organized attack on the person of the President is outrightly treasonable and a sacrilegious…
The Department of State Services, DSS, has arrested some members of an organised syndicate selling the new Naira notes in parts of the country. Although the DSS did not disclose the names and locations of the suspects, the agency said in a statement on Monday that some commercial bank officials were aiding and abetting the…
The Pan-Yoruba socio-political organization, Afenifere, on Monday, urged the judiciary not to allow itself to be used to abort the genereal elections. It also called on the government and all stakeholders to make sure that there is no change in the conduct of the elections and the handing-over date on May 29, 2023. Afenifere, in…
The House of Representatives has rejected the February 10 deadline for the phasing out of old currency notes announced by the Central Bank of Nigeria on Sunday. The House of Representatives Ad hoc Committee on New Naira Re-design and Naira Swap Policy on Sunday described the new date as a mere political gimmick to further…
By seyi Adeniyi The Osun Election Petition Tribunal headed by Justice Tearse Kume “Buga” has delivered his terrible verdict. Many thanks to that courageous and unblemish Justice B.A Ogbuli for setting the record straight through his own judgement. Yes, Osun citizens have organized a peaceful protest to reject the Buga judgement, which is guaranteed under…
If there is a government official that should remain humble, it is the Governor of the Central Bank of Nigeria. If we are to divide the economy into two namely the real and the monetary sectors, the governor carries half. It is a favour from God and a responsibility that must be carried out with…
The Director General, World Trade Centre, Dr Nogozi Okonjo-Iweala, the Minister of Communications and Digital Economy, Isa Aliyu Pantami, the Honourable Minister, Federal Ministry of Trade, Industry and Investment (FMITI), Otunba Niyi Adebayo, Honourable Minister Ministry of Women Affairs and Social Development (FMWASD), Mrs. Pauline Tallen, OFR and Afrexim Bank President, Prof. Benedict Oramah among…
Russian president, Vladimir Putin, has ordered strippers and pole dancers to be sent to the front line in a move to cheer up his troops and boost morale. The move comes as the Kremlin announces a medal for all Russian soldiers which have deployed in what he calls the “special military operation”. According to ABCNews,…
