Naira crisis worsens, Emefiele justifies redesign
The crisis surrounding the naira redesign worsened on Tuesday as the Central Bank of Nigeria failed to clarify the legal tender status of the old notes. The development created more
Read MoreCategory: Economy
Gov Bello orders arrest of those rejecting old naira notes in Niger
Abubakar Sani Bello, the Niger State governor, has directed security agencies in the state arrest those rejecting old naira notes. Bello gave the order in a statement issued and made
Read More
Atiku campaign cancels planned rally in Rivers over ‘attacks, death threats’
The Peoples Democratic Party (PDP) presidential campaign council in Rivers has announced the cancellation of its planned rally in the state, originally scheduled for Tuesday. Lee Maeba, chairperson of the
Read More
AK-47-bearing pastor arrested, policeman faces probe, church apologises
The Federal Capital Territory Police Command has confirmed the arrest of the presiding pastor, House on the Rock, Abuja Chapter, Uche Aigbe, for wielding an AK47 rifle while addressing the
Read More
Teacher sentenced to life in prison for defiling 6-year-old pupil in Lagos
Justice Sedotan Ogunsanya of the Lagos High Court, Ikeja, on Monday sentenced an art teacher, Chukwu Ndubuisi, to life imprisonment for defiling a six-year-old pupil. Ndubuisi, who was the art
Read MoreJUST IN: Buhari, Emefiele meet again ahead of Supreme Court judgement
President Muhammad Buhari on Monday again had a meeting with the Central Bank of Nigeria governor, Godwin Emefiele at the Aso Rock Villa, Abuja. This is about the fifth time
Read More
Fani-Kayode fumes, as DSS invites him over coup allegations against ex-VP, Atiku
The former Minister of Aviation, Femi Fani-Kayode, has reacted to calls seeking the Department of State Service (DSS) to question him over his recent coup allegations against the former Vice
Read MoreStates, police clamp down on traders rejecting old notes
State governments and the police commands have begun clamping down on traders and supermarkets accused of rejecting the old naira notes. Findings by The PUNCH on Sunday indicated that the
Read More
The MINT: We’ve made adequate arrangement to continuously produce new notes
The Nigerian Security Printing and Minting Plc (NSPM) says it has made adequate arrangements to ensure continuous production of the redesigned naira notes. There have been concerns over the scarcity
Read MoreBanks reject old naira notes, oil marketers threaten strike
Oil marketers have threatened to close their filling stations in protest against the rejection of old naira notes by deposit money banks across the country. It was gathered that the banks
Read More
