News
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The President, Major General Muhammadu Buhari (retd.), has said that the old N500 and N1,000 banknotes are no longer legal tender in the country. The president made this known on Thursday morning during an address to Nigerians were he also apologised to Nigerians over the difficulties experienced in accessing the scarce new naira notes. […]
There’s been an outbreak of sporadic protests over the lingering naira scarcity within Warri and Effurun metropolis, by Sedeco roundabout, Enehren junction, and on Udu road, near the bridge. Eyewitness reports say security agents arrived Enehren junction shooting sporadically into the air to quell the civil unrest from escalating into a total break-down of […]
The Supreme Court sitting in Abuja on Wednesday adjourned a hearing in the suit banning the use of the old naira to Wednesday, 22nd February 2023. The three states filed the suit against the Federal Government seeking a restraining order to stop the full implementation of the naira redesign policy of the Central Bank […]
Due to the scarcity of the new naira notes and the increasing rate at which point of sales (PoS) agents sell the new naira notes and the high charges for the withdrawal, the Central Bank of Nigeria (CBN) has released emergency telephone numbers to the public to officially report any defaulter. The Director, CBN […]
The presidency says its position on the deadline for old naira notes will be made known today. The governments of Zamfara, Kaduna, and Kogi had asked the supreme court to stop the Central Bank of Nigeria (CBN) from ending the timeframe within which the old N200, N500, and N1000 notes would cease to be […]
The Central Bank of Nigeria (CBN) has declared that the old N200, N500 and N1000 have ceased being legal tender since February 10, 2023. CBN had originally fixed January 31 as deadline for old notes to be in circulation but extended it in response to pressure from Nigerians. However, before the February 10 […]
The former minister of aviation Femi Fani-Kayode has opened up about his experience at the Department of State Service, DSS, where he was grilled for almost six hours upon an investigation of a tweet on an alleged coup. Fani-Kayode, director of new media in the All Progressives Congress (APC) presidential campaign council, reported at […]
The Minister of Information and Culture, Lai Mohammed, says almost three months after the travel advisories by foreign embassies, residents of Abuja have been going about their businesses without any threat. The United Kingdom, the United States, and some countries had, last year, warned their citizens in Nigeria against traveling to Abuja citing imminent […]
Pastor Uche Aigbe of House on the Rock, Abuja, is currently being detained by the Federal Capital Territory Police Command. A source told Daily Trust that the pastor arrived at the Guzape office of the anti-car theft of FCT police command on Monday morning in the company of the policeman whom he collected […]
A life-long bachelor mayor in the Philippines is giving single staff extra pay on Tuesday for Valentine’s Day, to show gratitude for the extra hours they work and show that “someone loves them”. Lonely hearts at General Luna town hall in Quezon province will receive three times their normal daily wage if they have […]