The Presidency wishes to react to some public concerns that President Muhammadu Buhari did not react to the Supreme Court judgement on the issue of the N500 and N1,000 old currency notes, and states here plainly and clearly that at no time did he instruct the Attorney General and the CBN Governor to disobey any…
The Sunday Back Page Column 13th February 2023 “Global Square” with Dr. Kenneth Okonkwo. The Supreme Court (SC) is the apex court in Nigeria. It’s the court which takes final decisions on all issues brought before it. Because its decisions are final, it’s a policy making court as its decisions shape society’s social order. Decisions…
My Dear Compatriots, I have found it necessary to address you today, on the state of the nation and to render account on the efforts of our administration to sustain and strengthen our economy, enhance the fight against corruption and sustain our gains in the fight against terrorism and insecurity which has, undoubtedly, been impacted…
By Gloria Ume-Ezeoke,Updated January 29, 2023. 75 per cent of the N2.7 trillion held outside the banking system has been recovered, Emefiele said. President Muhammadu Buhari has approved the Central Bank of Nigeria’s request for the extension of the deadline for swapping of old Naira notes to the redesigned ones. The new deadline is February…
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has stated she knew nothing about the recent decision of the Central Bank of Nigeria(CBN) to redesign some naira notes. She spoke barely 48 hours after CBN Governor Godwin Emefiele announced that the redesigned notes would become official legal tenders by December 15, 2022….
The presidential candidate of the African Action Congress, Omoyele Sowore, has called for the sacking of the Governor of the Central Bank of Nigeria, Godwin Emefiele over the redesign of banknotes. The apex bank earlier said it would start circulating the newly redesigned N200, N500, and N1000 notes starting in December 2022. Emefiele who disclosed…
