The issue of cash scarcity still persists leaving many Nigerians frustrated. Some yet-to-be identified mob, on Monday, have set ablaze two banks in Sagamu area of Ogun State as they protested the persistent cash scarcity in the country. According to reports, the mob set ablaze the banks as many banks in the area refused to…
The decision was taken to ease the stress Nigerians are passing through concerning the new notes. President Muhammadu Buhari has extended the use of the old N200 notes as a legal tender by a futher 60 days. The president annouced as he addressed Nigerians on Thursday, concerning the issues of naira scarcity. Buhari also apologised…
This decision is to be taken to counter the naira scarcity hardship faced by Nigerians. President of the Federal Republic of Nigeria, Muhammadu Buhari is reportedly considering granting a 60-day extension for the old naira notes to coexist with the new notes. This concession, as reported by the Pulse, will only happen if some state…
Although the rally was successful, supporters of the Labour Party have been attacked by suspected hoodlums. The Lagos State Police has confirmed attacks on Labour Party supporters by suspected hoodlums during the Obi-Datti Presidential campaign which took place at the Tafawa Balewa Square. According to the Pulse, Labour Party supporters trooped to the Tafawa Balewa…
The union also called for a quick resolve to the issue of naira scarcity in the country. The National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) has threatened to withdraw the services of its members, following attacks on commercial banks. Due to the hardship faced by Nigerians to get their hands on cash,…
The APC presidential candidate appeals to Nigerians to remain calm while government finds a suitable situation. The All Progressive Congress party presidential candidate, Asiwaju Bola Ahmed Tinubu has reacted to the scarcity of new notes and fuel in many parts of the country. While speaking in Abuja on Tuesday, the former governor of Lagos State…
The afrobeat singer was rewarded for her contribution on Future’s hit single ‘Wait for you’, which also featured sensational Canadian rapper Drake. Nigerian singer Tems has won her first Grammy award, becoming the first female artiste from the Nigerian music industry to win the prestigious award. ‘Wait for you’ won the award for Best Melodic…
The operators also appealed to the Central Bank of Nigeria to sanction these banks. Some Point of Sale (PoS) operators have accused officials of the commercial banks of selling naira notes to them at an exorbitant price, hence the reason behind the upsurge in withdrawal rates. These operators disclosed this while speaking with the News…
The minister states that the situation is temporary and would soon be resolved soon. Nigerian Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, says President Muhammadu Buhari is not happy with the current scarcity of new notes the citizens of the country are facing. The minister said this while fielding questions from State…
The CBN governor also apologised to lawmakers for refusing to answer their previous summons. Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has assured Nigerians that commercial banks will still accept old naira notes from customers even after the February 10 deadline. Emefiele said this on Tuesday while appearing before the House of…
The Labour Party presidential candidate becomes the first candidate to visit the Southern area of the state – a Boko Haram-ravaged region. Presidential candidate of the Labour Party, Peter Obi makes a surprise visit to the Southern area of Borno as the party gears up for the upcoming general elections. Obi visited the state on…
The coronation ceremony took place on Tuesday, January 25th 2023. Seyi Tinubu, son of Asiwaju Bola Ahmed Tinubu, the presidential candidate of the All Progressive Congress (APC), has been conferred with a chieftaincy title in Anambra state. The former Lagos state governor’s son was conferred with the title of ‘Nwannedinamba’ by the traditional ruler of…
The issue of petrol scarcity still persists in the country as Nigerians continue to struggle to get the commodity. Oil marketers in Nigeria have warned that Nigerians could be buying the Premium Motor Spirit (petrol) at a rate of N800/litre when the subsidy is removed from the commodity. Last year, the Minister for Finance, Budget…
The redesigned notes are yet to be in proper circulation weeks after their unveiling. The Central Bank of Nigeria, CBN has revealed the reason the redesigned notes are still scarce after weeks of their introduction. Towards the end of last year, the CBN redesigned the 200, 500 and 1000 naira notes to upset the issue…
The presidential candidate insisted that he would destroy the country’s structure of criminality. The presidential candidate the Labour Party, Peter Obi has assured Nigerians that he will declare war on the power sector of the country if elected president come February. Obi said this at the Chatham house in the United Kingdom on Monday where…
Obi argued that handing over the country to a sick person to govern would be a grave mistake to make. The Labour Party presidential candidate, Peter Obi has said that the country’s affairs should be handed over to a healthy president come May 29, 2023. Obi gave this advice on Thursday during an interactive session…
The incident happened in Jos, the capital of Plateau. A clergyman, Albarka Bitrus has been arrested by the Plateau State Police Command for staging his own kidnap and demanding ransom from members of his congregation. According to a statement released by the police command on Wednesday, the pastor and his collaborators were arrested following credible…
The President also stated that his regime has ensured normalcy returned to the affected States. President of the Federal Republic of Nigeria, Muhammadu Buhari has said that “God has helped” his regime to clear Boko Haram in the North-East region of Nigeria. According to the president, terrorism in the country was the most critical security…
The veteran forward believes it is the right time to call time on his football career. Former Real Madrid and Tottenham player Gareth Bale announced his retirement from professional football at the age of 33. After more than a decade at the top of the sport, the former Wales international believes the right time has…
The teacher has been placed under intensive care as a result of the injuries sustained. A 6-year-old boy has been detained by the police after shooting a teacher in the US state of Virginia. The incident occurred shortly after 2 pm (US local time) at Richneck Elementary School in the city of Newport News. According…
