The Independent Corrupt Practices and Other Related Offences Commission, ICPC has arrested an accountant of Oando Filling Station, Dutse Alhaji, Abuja, over alleged racketeering of the new Naira notes. The Commission’s spokesperson, Mrs Azuka Ogugua, in a statement on Friday, said the latest arrest followed the continued onslaught by the …
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The Central Bank of Nigeria, CBN has denied an earlier report that it ordered commercial banks to begin collecting the old N500 and N1000 notes from customers. A report which went viral on Thursday claimed the CBN pegged the maximum amount the commercial banks can collect at N500,000. But the …
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The Labour Party vice-presidential candidate, Yusuf Datti Baba-Ahmed, on Friday said Governor Nasir el-Rufai’s remark on the validity of old naira notes is tantamount to treason. Recall that shortly after President Muhammadu Buhari addressed the nation, extending the validity of old N200 notes till April 10, Gov el-Rufai directed Kaduna …
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The Association of Senior Staff of Banks, Insurance and Financial Institutions, ASSBIFI, on Friday urged its members to steer clear of banking premises amid the violent attacks witnessed lately. The National President of ASSBIFI, Olusoji Oluwaole, said members should stay off bank premises until normalcy is restored in affected states. …
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Governor Dapo Abiodun of Ogun State has threatened to revoke the Certificate of Occupancy of banks, corporation or stores rejecting the old naira notes. Abiodun’s threat is coming a day after President Muhammadu Buhari said only the old N200 notes remain a legal tender. The governor in a short statement …
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Ahead of the 2023 general elections, the Kogi State Government has ordered the closure of all public and private schools from Wednesday, February 22, 2023. The Director, Basic and Secondary Education, Kogi State Ministry of Education, Mr Matthew Salami disclosed this in a statement sent to us on Friday. Salami …
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Some residents of Ore in Odigbo Local Government Area of Ondo State on Friday blocked the busy Ore-Benin expressway to register their displeasure over the scarcity of naira notes. The News Agency of Nigeria (NAN) reports that the protesters made bonfires on both sides of the expressway, making it impossible …
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Anambra State Police Command has confirmed an attack on the staff of the Independent National Electoral Commission, INEC and other adhoc staff. Tochukwu Ikenga, the spokesperson for Anambra State Police Command in a press statement said the INEC staff were undergoing training when the gunmen struck. The statement reads in …
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A few days before the 2023 general election, Ado Doguwa, the Majority Leader of the House of Representatives said he needs N70 million in “hard copy” to prosecute the polls. Doguwa lamented that the naira scarcity caused by the new policy would affect the electioneering expenses of politicians. The lawmaker …
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The Central Bank of Nigeria, CBN, has ordered commercial banks to start collecting the old N500 and N1,000 notes from the public immediately. It stated that the maximum amount customers can swap will be N500,000. The Director of Corporate Communications, Osita Nwanisobi, exclusively disclosed this to Newsextra24 in an interview …
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