News

CBN extends use of old Naira notes indefinitely 

Old naira notes   The Central Bank of Nigeria (CBN) has extended the use of old Naira notes indefinitely and beyond the December 31, 2023 deadline set by the Supreme Court. Isa AbdulMumin, Director, Corporate Communications, CBN, in a statement on Tuesday, said Nigerians should recall that the apex bank introduced …

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Exchange rate: NECA, experts disagree on FG’s target

Against the backdrop of  indications that the Federal Government is putting in place measures to achieve exchange rate target of N500-N600/$1, while reorganising the banking sector, various private sector institutions and financial experts have expressed divergent views over the feasibility and the benefits of the goals. They however, advised government …

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Afenifere insists on state police, true federalism

Pa Ayo Adebanjo The pan-Yoruba socio-political organisation, Afenifere, has decried the rate of insecurity in some parts of the country as a result of the attacks by some armed herdsmen on farmers. The group noted that the criminal activities of the bandits against farmers raised the need for the creation …

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‘You Are Not Caring But Insensitive To Suffering Nigerians For Budgeting For Presidential Yacht, Jets’ – Obi Hit Tinubu

Peter Obi, Labour Party presidential candidate Presidential candidate of the Labour Party in the 2023 presidential election has described President Bola Tinubu as insensitive to the plight of suffering Nigerians for allocating key funds for the purchase of presidential yacht and jets in the supplementary budget recently passed by the …

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