Nigeria’s inflation rate rises to 21.82% amid naira redesign policy
The consumer price index (CPI), which measures the rate of change in prices of goods and services, surged to 21.82 percent in January 2023, up from 21.34 percent in the previous month. The inflation rate data is contained the latest consumer price index (CPI) report released on Wednesday by the National Bureau of Statistics (NBS). […]
Old naira notes remain legal tender, says supreme court
The supreme court has adjourned the hearing of the case brought against the Central Bank of Nigeria (CBN) on the naira redesign policy. With the adjournment, Nigerians are left wondering whether or not the old N200, N500, and N1000 notes remain legal tender. The court session held on Wednesday provided clarity on […]
APC kicks as police invite Fani-Kayode
The All Progressives Congress (APC) presidential campaign council says the police Federal Investigation Bureau (FIB) has invited Femi Fani-Kayode, a former minister, for questioning. In a statement on Wednesday, Bayo Onanuga, the council’s media director, said the police invitation was extended to him on Tuesday. The secret police are currently grilling Fani-Kayode, […]
Newspaper Headline: No cash yet for elections, says INEC
The twists and turns in the country as a result of the naira redesign policy dominated the cover pages of the national dailies. Source: Top Stories
Operations of Ebube Agu illegal in Ebonyi, court rules
A federal high court in Abakaliki, the Ebonyi capital, has declared the activities of Ebube Agu, the south-east security network, illegal in the state. Governors of the south-east states had, in April 2021, announced the establishment of the security outfit as part of efforts to tackle insecurity in the zone. In its […]
Nigerians ready to elect PDP — don’t be the exception, says Atiku in Enugu
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), on Tuesday, took his campaign to Enugu state. Speaking at the campaign ground in the state capital, Abubakar said Nigerians are ready to elect the PDP in the presidential election. He asked the crowd at the campaign venue to join other Nigerians […]
Wike: G5 not dead — we won’t disclose election strategy
Nyesom Wike, governor of Rivers, says the G5 governors of the Peoples Democratic Party (PDP) have not parted ways. The G5 governors are Wike, Samuel Ortom of Benue, Ifeanyi Ugwuanyi of Enugu, Seyi Makinde of Oyo, and Okezie Ikpeazu of Abia. Speaking on Tuesday at a campaign flag-off rally organised by the […]
Buhari joins APC rally in Imo as Tinubu promises to promote peace, confront violence
President Muhammadu Buhari, on Tuesday, joined the presidential campaign rally of the All Progressives Congress (APC) in Imo state. Speaking at the rally, Bola Tinubu, the APC presidential candidate, said if elected, he will address insecurity and advance Buhari’s legacies, including in the areas of infrastructure and agriculture. “You know the president […]
Watch your utterances, DSS cautions political parties after grilling Fani-Kayode
The Department of State Services (DSS) has asked political parties to apply restraint in their utterances prior to and after the general election. The secret police issued the caution in a statement by Peter Afunanya, its spokesperson, on Tuesday. The warning comes hours after Femi Fani-Kayode, a former minister and director of […]
Police take over Ondo CBN office as residents protest banks’ rejection of old naira notes
Police operatives, on Tuesday, took over the premises of the Central Bank of Nigeria (CBN) office located in the Alagbaka area of Akure, the Ondo capital. The takeover of the facility followed a protest by some bank customers who were complaining about the rejection of the old naira notes by commercial banks and […]