Jesus no buy jet oo- Reactions as Pastor E.A. Adeboye recounts encounter with EFCC over purchased jet

11 Mar 2023

Pastor Enoch Adeboye of The Redeemed Christian Church of God, RCCG, has recounted his encounter with the Economic and Financial Crimes Commission, EFCC, after he bought a private. Adeboye said EFCC officials came after him following the purchase of a private jet. Addressing his members at the church’s headquarters, Adeboye said he returned to God […]

Continue Reading

Man who couldn’t speak until he was 11 becomes Cambridge University’s youngest-ever Black professor

10 Mar 2023

Jason Arday, a 37-year-old sociologist who couldn’t speak until the age of 11, has become Cambridge University’s youngest-ever Black professor. Jason, who couldn’t read or write until he was 18, was reportedly written off by specialists when he was just three years old after being diagnosed with autism spectrum disorder and a global developmental delay. […]

Continue Reading

“Na why UBA no get network be this”- reactions as Tinubu visits Tony Elumelu

10 Mar 2023

Nigerian billionaire Tony Elumelu received President-elect Bola Ahmed Tinubu at his home in Lagos, to discuss diverse ways to support and empower Nigerian youths. The business mogul disclosed this development after he shared pictures of the president’s visit to his home on his Instagram page. He captioned the pictures thus: “Last night, I was honoured […]

Continue Reading

Banks begin to pay out old N500 and N1,000 notes

07 Mar 2023

Following the Supreme Court’s decision to extend the validity of the Central Bank of Nigeria’s currency redesign policy until December 31, some banks across the country have begun issuing old N500 and N1,000 notes to customers. Guaranty Trust Bank, Polaris Bank, and other banks confirmed on Monday that they were still dispensing the old notes […]

Continue Reading

CBN awaits legal advice on Supreme Court ruling

05 Mar 2023

The Supreme Court on Friday nullified the cashless and Naira re-design policy of President Muhammadu Buhari-led government. The apex court in its ruling declared the naira redesign policy was an affront to the 1999 Constitution of the country. Justice Emmanuel Akomaye Agim while reading the lead judgment of the Court, said President Buhari breached the […]

Continue Reading

Supreme Court has extended the validity of old Naira notes

04 Mar 2023

The Supreme Court ruled that the old N200, N500, and N1,000 notes will be valid and in circulation until December 31, 2023. In a ruling issued on Friday, March 3, the Supreme Court also declared the Federal Government’s Naira redesign policy unconstitutional, calling it an affront to the 1999 Constitution.  The Supreme Court also ruled […]

Continue Reading

Fire destroys Yola market shops

03 Mar 2023

Some shops in Yola Town, a community that, along with Jimeta, serves as Adamawa State’s capital city, have been destroyed by fire. According to reports late Thursday evening, the fire started much earlier in the morning, around 9 a.m., when some of the shop owners had already arrived at the market. According to sources, the […]

Continue Reading

CBN AND THE SUPREME COURT

28 Feb 2023

I don’t know what the CBN intends to achieve by not allowing banks to continue to accept deposit of the old notes. I thought that would have been allowed in order to ease the burden on those who still retain the notes. The time limit given by the CBN for its own direct redemption of […]

Continue Reading

OLD NAIRA NOTES – JUDICIAL CONFUSION

28 Feb 2023

What is the effect of the injunction of the Supreme Court (SC) restraining enforcement of the phasing out of old notes? One thing is certain: the CBN has already given Friday, 10th February as the date on which the old notes cease to be legal tender. Only the CBN can change that date. No court […]

Continue Reading