The vice presidential candidate of the Labour Party, Datti Baba-Ahmed, has said comments made by the Governor of Kaduna State, Nasir El-Rufai, on the naira redesign policy following the nationwide broadcast of the President, Major General Muhammadu Buhari (retd., are treasonable. El-Rufai in a state broadcast on Thursday faulted the President on his directive to re-introduce just the old N200 […]
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The protests against the scarcity of new naira notes by Nigerians have continued to spread to many parts of the country. On Friday, protests broke out in Lagos, Rivers, Ogun, Ondo, and Oyo states. Pictures and videos seen by TheCable and reports on social media showed bonfires, road blockages where motorists were in gridlocks, and stranded commuters. In Lagos, residents […]
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A week to the 2023 general elections, all is now clear that the ruling All Progressives Congress, APC, is going to the polls as a divided house. President Muhammadu Buhari, who is the leader of the party, is at the centre of attacks by his one time loyal and close friends. Governors on the party’s platform are on the offensive […]
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Dr Adetokunbo Pearse, a member of the PDP Presidential Campaign Committee (PCC), has lauded President Muhammadu Buhari’s decision on the naira redesign policy of the Central Bank of Nigeria. Pearse gave the commendation in a statement made available to newsmen on Friday in Lagos where he urged Nigerians to remain calm and show understanding of the policy. According to him, […]
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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 reporters in an interview on Friday. He said: “The Central Bank has directed all […]
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Governor of Kaduna State Mallam Nasir El-Rufai, has said that President Muhammadu Buhari has allowed individuals he (El-Rufai) described as “evil people” to use him (Buhari) to fight and defeat the political party that gave him the platform to serve Nigeria. He said that those people who are using the president as an instrument to defeat the APC are doing […]
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Benue State governor, Samuel Ortom has officially endorsed the Labour Party presidential candidate for the February election, Peter Obi. Ortom, who spoke at a Town Hall meeting in Makurdi the State capital on Thursday, said the 2023 election should not be based on party, stating that all the political parties in the country had failed Nigerians. The governor who got […]
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The Central Bank of Nigeria (CBN) has declared that the old Naira Notes of N200, N500 and N1000 have ceased to be legal tender in Nigeria since the 10th of February, 2023. The declaration was made by the Branch Controller of the Central Bank of Nigeria (CBN), Bauchi, Haladu Idris Andaza while briefing Journalists on Monday at the CBN, branch […]
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Violent protests have erupted in some states of the federation over the scarcity of old and new Naira notes. Footages obtained from netizens on Wednesday morning captured aggrieved protesters wielding clubs, matchetes and other dangerous weapons in Edo, Delta and Oyo states respectively. The aggrieved protesters were seen invading banks and destroying other public properties in the aforesaid states. Palpable […]
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BENIN City, the Edo state capital has been shut down over simultaneous protests against the non-availability of new naira notes and the rejection of old ones while apps and bank codes for mobile banking are not working efficiently. An attack at the Benin branch of the Central Bank of Nigeria (CBN) was foiled by a combined team of policemen, Nigerian […]
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