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Report Traders, Business Owners, Banks Refusing Old Naira Notes To Me – Gov Abiodun

Once again, Governor Dapo Abiodun of Ogun State has issued a warning that banks, stores, or supermarkets that do not accept old N500 and N1000 notes will face closure. Abiodun declared that he would take action against any trader or service provider who disregards the validity of the old notes as legal tender. In order…

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Gov Abiodun, Daniel, Mourn Passage Of Dagburewe Of Idowa

According to insider, the monarch peacefully passed away on Sunday at the age of 87. In a message of condolence shared on his Facebook page, Governor Dapo Abiodun expressed deep sadness over the loss of the esteemed traditional ruler, whom he had a close relationship with. He stated, “With deep sense of loss, we mourn…

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Cash Crunch: Dispense And Accept All Old Notes; Cbn Directs All Banks

On Monday, Professor Charles Soludo, the Governor of Anambra State, also a former governor of the Central Bank of Nigeria, announced that the CBN has directed commercial banks to accept the old naira notes as deposits. Soludo made this statement on his social media accounts and reported that Governor Godwin Emefiele issued the directive during…

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Naira Scarcity: Arrest Emefiele, Malami Huriwa Demands

On Sunday, the Human Rights Writers Association of Nigeria (HURIWA) called on the Department of State Services to immediately arrest Godwin Emefiele, the Governor of the Central Bank of Nigeria, and Abubakar Malami, the Attorney General of the Federation and Minister of Justice, for disobeying a ruling of the highest court in the country. The…

Accept Old Naira Or Face Sanctions, Governors Tell Traders

In accordance with the Supreme Court judgment, the Ekiti State Government has cautioned its citizens against refusing to accept old naira notes as a form of payment. Those who do so risk being apprehended and prosecuted. Likewise, the Abia State Government has declared its intention to penalize individuals who reject the old currency. Governor Biodun…

Buhari Apologises Over Naira Redesign Crisis

In a viral video monitored in Kaduna, President Major General Muhammadu Buhari (retd) apologized to Nigerians for the financial difficulties resulting from the naira redesign policy implemented by the Federal Government. The president clarified that the monetary policy was meant to enhance the economy and not to cause any hardships to Nigerians. Buhari also pleaded…

Rema’s Hit Single ‘calm Down’ Goes Platinum In Uk

The hit single ‘Calm Down’ by Divine Ikubor, the Nigerian singer better known has Rema, has gone platinum in the United Kingdom. An album or song that has sold more than 1 million copies is awarded platinum certification. On Friday, Chart Data announced via Twitter that “Calm Down,” a single released in February 2022 from Rema’s…

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You Are A Dictator, Supreme Court Slams Buhari, Nullifies Naira Redesign Policy

The apex court said the president’s disregard of its order of February 8, 2023, amounts to dictatorship. The court today, March 3, 2023, ordered that old N200, N500, and N1,000 notes remain in circulation until December 31, 2023. It also nullified the Federal Government’s Naira redesign policy, declaring it as an affront to the 1999…