The Supreme Court of Nigeria has adjourned the case on the naira swap policy of the Central Bank of Nigeria (CBN) till Wednesday, February 22 for hearing of the consolidated suits by 10 states. The apex court, which heard the case on Wednesday, was filled to capacity with a retinue …
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FG Abandoned Nigerians Trained To Build Satellite – Obasanjo
Former President, Olusegun Obasanjo has blamed government’s policy somersault in the last 15 years for Nigeria’s inability to produce its own satellite. Obasanjo stated that without committed efforts and a custom blueprint, advancement in the country’s technological drive would continue to be a mirage. The former Head of State spoke …
Read More »Osun Amotekun Deploys Personnel To Curb Crime
As the 2023 general election comes closer, the Osun State Command of Amotekun Corps has stated that its personnel will be deployed for patrol to complement the efforts of the Nigeria Police. The security outfit revealed that it has put in place measures that will ensure a peaceful election. The …
Read More »FIFA Confirms Three Teams That Have Qualified For 2026 World Cup
FIFA has confirmed that Canada, Mexico, and the USA have all received automatic spots at the 2026 World Cup. The three nations will jointly host the next edition of the global showpiece. The tournament is set to have an expanded field of 48 teams Under the new rules, there would …
Read More »CBN Disobedience To Supreme Court Ruling Happens Only In Banana Republic – Falana
A Senior Advocate of Nigeria, Femi Falana on Tuesday accused the Central Bank of Nigeria, CBN, of defying the law. He said the apex bank flouted the interim injunction of the Supreme Court suspending the implementation of the February 10 deadline on the use of the old banknotes. The CBN …
Read More »Gunmen Kidnap 15 NYSC Members In Anambra
Gunmen, on Tuesday, kidnapped 15 members of the National Youth Service Corps, NYSC, in Anambra State. The corps members were abducted by the hoodlums at a filling station in Ihiala Local Government Area of the State. It was gathered that the corps members had just completed their three-week orientation programme …
Read More »How Naira Scarcity Can Be Resolved – Financial Expert
Nigerians have continued to experience scarcity of the naira notes since the January 31 deadline issued by the Central Bank of Nigeria, CBN, on the swap of the currency. The CBN had earlier set a January 31 deadline for the use of the old naira notes. It was later extended …
Read More »Feb 17 Deadline For Old Notes – CBN Releases Guidelines
The Central Bank of Nigeria, CBN, has informed citizens that there will be no cash swap for old notes in any financial institution. The CBN already declared the old N200, N500 and N1000 are no longer recognized as legal tender, despite a Supreme Court ruling. The apex bank on Tuesday …
Read More »Two Security Guards Sentenced To Death By Hanging In Ondo
An Ondo State High Court has sentenced two men, Tasur Abubakar and Ayuba Idris to death by hanging for robbery and murder. The court also found the duo guilty of conspiracy and sentenced each to seven years imprisonment. The two men were brought before the court over the killing of …
Read More »G5 Governors Not Dead – Wike
Governor Nyesom Wike of Rivers State has said the Integrity group, known as the G5 governors of the Peoples Democratic Party, PDP, is not dead. This was as Wike said the G5 governors would not reveal their strategy ahead of the forthcoming elections starting on February 25. He spoke while …
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