CBN: Why we suspended nationwide implementation of cashless policy for six years
The Central Bank of Nigeria (CBN) has explained why it suspended the planned nationwide implementation of the cashless policy in 2017. Aishah Ahmad, deputy governor, financial system stability directorate, CBN, spoke on Thursday while briefing the house of representatives on the cashless policy and the new withdrawal limits. According to Ahmad, the […]
Tinubu: Nigerians won’t pay estimated billing for electricity if I’m president
Bola Ahmed Tinubu, presidential candidate of the All Progressive Congress (APC), says Nigerians will not have to deal with the challenge of multiple foreign exchange (FX) rates if he is elected president. Tinubu spoke at luncheon with business owners titled ‘business forward’ on Thursday in Lagos. Currently, Nigeria operates two foreign exchange […]
I’ll announce my preferred presidential candidate in January, says Wike
Nyesom Wike, Rivers governor, says he will start campaigning for his preferred presidential candidate in January. Since losing out in the presidential primary of the Peoples Democratic Party (PDP), there has been a crisis in the party over calls for Iyorchia Ayu to step down from his position as national chairman of the […]
Basketmouth, wife end marriage — after 12 years
Bright Okpocha, the famous comedian better known as Basketmouth, has announced that he is no longer with Elsie Okpocha, his wife. Source: Top Stories
Lai tackles Atiku: Your plan to reopen borders would make Nigeria top importer of Thai rice
Lai Mohammed, minister of information and culture, has criticised former Vice-President Atiku Abubakar for pledging to reopen Nigeria’s land borders if elected president. Atiku, presidential candidate of the Peoples Democratic Party (PDP), made the pledge during his campaign rally in Katsina state on Tuesday. Reacting on Thursday in Abuja, Lai said Atiku’s […]
CBN DG says 500m new notes have been ordered
Aishah Ahmad, deputy governor of the Central Bank of Nigeria (CBN), says 500 million new naira notes have been ordered and would be printed soon. Ahmad spoke on Thursday while being grilled by members of the house of representatives during the plenary session. In November, President Muhammadu Buhari unveiled the redesigned naira […]
‘We found problems in the figures’ — senate postpones passage of 2023 budget
Senate President Ahmad Lawan says the national assembly is unable to pass the 2023 appropriation bill because of some “obvious problems” in the document. Lawan said this on the floor of the senate on Thursday. In October, President Muhammadu Buhari presented a sum of N20.5 trillion as the budget estimate for the […]
Hijab verdict, Kanu’s release, contempt in high places — the major judgments of 2022
Several significant, landmark and epoch judgments were issued by various courts across the country in the course of the year. From judgments on contempt of court by high-profile persons to rulings on many cases of national importance, the year 2022 was eventful for the judiciary. Here are the standout judgments. INEC […]
‘Portrait watermark, gold patch’ — CBN highlights security features of redesigned naira notes
The Central Bank of Nigeria (CBN) has disclosed the position of security features on the new series of N200, N500 and N1,000 notes. The apex bank made this known in a document released on Wednesday. On December 15, commercial banks began dispensing the redesigned naira notes to customers across the country. […]
INEC reveals 300k PVCs uncollected in Imo, says attacks are of great concern
The Independent National Electoral Commission (INEC) says there are about 300,000 uncollected permanent voter cards (PVC) in Imo state. Sylvia Agu, the resident electoral commissioner (REC) in Imo, said this at a stakeholders’ meeting on Wednesday in Owerri, the state’s capital. She said the commission had received and started distribution of 152,221 […]