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Tag: naira redesign policy

Emefiele: Ex-CBN director confirms receiving $2.5m as gift from $6.2m election money

Headlines

‘How Emefiele violated CBN’s rules to embark on Naira redesign policy’

Emefiele, Adamu said, bypassed these procedures by simply calling for a COG meeting and presented what he claimed was a…
DSS finally drags Godwin Emefiele to court

Business, News

Ebonyi residents groan as cash crunch persists despite CBN order

“All persons and institutions concerned are therefore mandated to resume acceptance of the above denominations as valid means of payment…
Bayelsa kicks against BudgiT 2022 report, faults indices

Business, Headlines

Obey Supreme Court order, Gov. Diri tells CBN

He urged the CBN to clarify the validity of the old Naira notes being reissued by banks after the Supreme…
Unbroken democracy is a milestone for Nigeria, Oyebanji says

Business, News

Ekiti gov’t to prosecute traders rejecting old naira notes

“Government will not hesitate to arrest and prosecute business owners found rejecting the old naira notes,” the statement quoted Oyebanji…
CBN

Business, News

Our ordeals after accepting old notes from banks – Lagos residents

“When I could not deposit it in my bank and Okada riders also refused to accept it, I decided not…
President Buhari asks Senate to confirm appointment of 12 nominees as members of Governing Board of North East Development Commission (NEDC).

Headlines

Naira Redesign: ‘Disclose how you’re obeying Supreme Court orders’, SERAP tells Buhari

“Your government has the legal duty to act as ordered by the Supreme Court, and consistent with the provisions of…
Supreme Court

Business, News

Financial experts laud Supreme Court’s judgment on naira notes

Supreme Court had in its judgment said, “a policy of this magnitude should not be taken without consultation and must…
President Buhari

News

Obey Supreme Court over old notes, Shinkafi tells Buhari

“I am calling on President Muhammadu Buhari to respect the court order and quickly instruct the Central Bank of Nigeria…
President Buhari

Metro, Top Stories

Buhari replacing democracy with dictatorship by not obeying our orders – Supreme Court

In attacking the president, Justice Emmanuel Agim, a member of the Supreme Court panel, said the disobedience of orders of…
Breaking: Supreme Court invalidates Naira redesign policy

News, Top Stories

Supreme Court invalidates Buhari’s Naira redesign policy

The Supreme Court on Friday nullified President Muhammadu Buhari's led government’s naira redesign policy, declaring it as an affront to…
Benin woman, Becky Igiebor, petitions the I-G Usman Baba, over alleged cyber-bullying, and threat to life by Canada based Racheal Iyonmana

Headlines

‘We are investigating incitement by governors over naira scarcity’ – IGP

“The immunity will not stop us from cautioning them; from warning them; from advising them; and we are doing so,"…
Supreme Court

News, Top Stories

JUST IN: Supreme Court insists suit on naira crisis must go on

The apex court insisted that it will hear the suit regardless of whether the FG obeyed its previous orders on…
Plateau Govt assures on Anti-Snake Venom

News

Naira policy: Healthcare in pathetic state

“A patient that is critically sick and cannot access money to pay for drugs is a terrible combination."
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says the newly redesigned Naira notes are in banks and ready for issuance

Business

Diaspora expert Akinmurele speaks on Naira redesign policy

“It is, therefore, expected that the Naira redesign policy should be a well-thought-out exercise having in mind that the informal…
President Buhari asks Senate to confirm appointment of 12 nominees as members of Governing Board of North East Development Commission (NEDC).

Top Stories

Buhari sued for disobeying Supreme Court

SERAP is asking the court for “a declaration that President Buhari’s directive banning the use of old N500 and N1000…
Commercial motorcyclists, popularly known as Okada riders, in Kubwa area of FCT explains why they are rejecting the new Naira notes

Business

Customers decry banks’ inability to dispense old N200

"I heard that First City Monument Bank (FCMB) is the only bank that issued the old N200 to customers but…
Jamiu

Business, News

Naira scarcity: Abuja sex workers count losses

"They will want you to start the service immediately without you getting an alert and when you refuse, some of…
Breaking: Supreme Court invalidates Naira redesign policy

Business, News

Naira redesign: Lawyers, litigants frustrated over inability to file proceedings

“I know how much I spent fueling my vehicle to ensure that I come to court to file proceedings, but…

Headlines

Why some APC governors went to court over Naira redesign – Keyamo

“They should support APC because APC is now displaying the character of a true federation where the component parts can…
Reps probe petroleum subsidy under Buhari, allege $10bn revenue loss

Business, News

Reps panel makes a demand over Naira redesign

“We will continue to explore available opportunities to make sure that government does only what is right and in the…
DSS finally drags Godwin Emefiele to court

News

CBN, NNPC playing “Hide And Seek Game” – Coalition

Awa Bamiji also described the flagrant disobedience of the Supreme Court Order by the CBN and Federal Government as very…
APC chairman Adamu loses Nasarawa senatorial seat

2023 Elections, Top Stories

Naira crisis: APC holds emergency meeting with governors Sunday

The meeting may not be unconnected with the ongoing naira crisis in the country where the governors have gone on…
Buhari orders security forces to bring perpetrators of killings in Benue to book

Opinion, Top Stories

What manner of President is this violating Supreme Court’s order with impunity?

The president's nationwide broadcast is a slap on the judiciary, a slap on the power of the apex court as…
Buhari

Headlines, News

Buhari: Naira redesign policy reduced influence of money in politics

In the speech, the President said by helping to minimize the monetization of the political process, the policy has contributed…
Again, protesters block Ore-Benin expressway

Metro

Three dead as security agencies foil attack on CBN in Benin

The protesters had reportedly attempted to invade the Benin branch of the Central Bank of Nigeria (CBN), when the incident…
Ortom asked Buhari to act now on Benue killings

Business, Top Stories

Ortom to Buhari: Naira redesign policy will sink your image forever

Poor implementation of the Central Bank of Nigeria's Naira redesign policy is causing upheavals in the land as protests and…
Cattle dealers in Bauchi lament negative consequences of the scarcity of the old and new naira notes in the country on their business.

Metro

Naira scarcity fraud: How buyer paid N4000 for 2 cows in Bauchi

Piro said that some traders had lost their monies to fraudsters who swindled them through dubious money transfers and e-payment…
NECA warns that the proposed strike by the NLC will disrupt economic activities and businesses in the country and will be counter-productive.

Business

Naira redesign policy destroying economy – NECA

According to NECA, the cash squeeze as a result of poor implementation of the policy has impacted on the purchasing…
Senate clears Nyesom Wike for ministerial role

News

‘You’re enemy of Nigerians’ – Wike tackles PDP over naira redesign policy

Wike who noted that the poor implementation of naria redesign policy has resulted in socioeconomic hardship for Nigerians spoke at…
Naira fluctuations have prompted businesses to adapt, says Bunmi Adeleye of Retail Supermarkets Nig. Ltd, owners of Shoprite Nigeria.

Business, Metro

Cash crunch: CBN disburses ₦1.6bn to banks in Edo

He said: “We are pushing out money regularly. On Sunday, we gave banks N400 million. That is why they were…
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