CBN debunks claims of shortage of printing materials, plans to shut down banks

The Central Bank of Nigeria has debunked claims about the incapacity of the Nigerian Security Printing and Minting PLC. The apex bank also denied claims that it plans to shut down commercial banks in a geo-political zone. This was disclosed in a statement signed on Friday by CBN’s Director of Corporate Communications, Mr Osita Nwanisobi. CBN said NSPM is not […]

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2023: Buhari, Tinubu meet behind closed-doors

President Muhammadu Buhari met with the All Progressives Congress, APC, presidential candidate, Bola Tinubu on Friday. Buhari met with Tinubu at his official residence at the Presidential Villa, Abuja. He disclosed this during the ‘Meet the mentor’ dinner held in his honour by the APC Progressives Sisters Network at the International Conference Centre in Abuja. Tinubu said he had an […]

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Peter Obi fumes over attack on his supporters in Lagos rally

The Labour Party, LP, presidential candidate, Peter Obi, has reacted to the recent violent attacks on his supporters by suspected thugs in Lagos State. Obi condemned every form of violence and political thuggery and the incessant attacks on his ‘Obedient’ supporters. Recall that the Labour Party, LP, held its presidential campaign in Lagos on Saturday. His statement was contained in […]

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Your father Bayero predicted, prayed that I would be Nigeria’s President – Atiku tells Emir of Kano

The presidential candidate of the Peoples Democratic Party, PDP, Alhaji Atiku Abubakar, has reminded the Emir of Kano, Aminu Ado Bayero, that his late father, Alhaji Ado Bayero, had told them while on a visit to the Palace that he (Atiku) would be president. “We were on a courtesy call to the palace sometime while I was the Vice President […]

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Naira notes scarcity: APC Governors el-Rufai, Matawalle, Bello sue Buhari, Malami

As the scarcity of old and new Naira notes lingers, the Governors of Kaduna, Kogi and Zamfara States are dragging the Federal Government through the Supreme Court to seek an order restraining it (FG) and its agent-the Central Bank of Nigeria (CBN)- from implementing the naira redesign policy. A report by PSN said that the three states filed the action […]

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Cash Crunch: PDP accuses APC of mopping-up cash for vote-buying

The Peoples Democratic Party (PDP), has accused the ruling All Progressives Congress and its Presidential Candidate, Asiwaju Ahmed Tinubu of economic sabotage. The main opposition party accused the APC and its Presidential candidate of mopping up cash from the financial sector with the sole aim of buying votes. National Publicity Secretary of the PDP, Hon. Debo Ologunagba, said this in […]

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Supreme Court restores Ahmad Lawan APC Senatorial candidate Yobe North

With a split judgment of three to two, the Supreme Court on Monday restored the Senate President, Ahmad Ibrahim Lawan as the Senatorial candidate of the All Progressives Congress APC, for Yobe North Senatorial District. The Apex Court in the majority judgment voided and set aside the judgments of the Federal High Court and the Court of Appeal which affirmed […]

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Naira redesign: Heavy security at Ogun CBN over fear of attack

There is a heavy security presence at the Central Bank of Nigeria (CBN), Abeokuta Branch. Policemen in the early hours of Monday, deployed operatives to the Apex bank branch at Okelewo, Abeokuta to avert possible attacks by criminal elements. It was gathered that there was an intelligence report that some individuals might attack the bank over their inability to access […]

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Protests rock Ibadan over bank customers’ inability to withdraw new Naira notes

The scarcity of new naira notes, which has been a subject of discussion across major towns and cities in Nigeria, took another dimension on Friday when customers took to major streets in Ibadan, the Oyo State capital, to protest. We gathered that bank customers in Ibadan have been finding it difficult to withdraw money. Our correspondent recalls that the Central […]

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