Ogun State, Nigeria, World News & Stories
9 posts.
In a move that reverberated through Nigeria’s economic landscape, the Central Bank of Nigeria (CBN) recently announced the lifting of the ban on the importation of toothpicks and 42 other items. This decision, part of a broader policy shift, holds both promise and challenges for the nation. In this editorial, we delve into the historical…
I am saying, that a doctor who parades the number of people who died under his care cannot forward that to me as a CV for me to appoint him as a surgeon general. I just need them to take note of that. But what we do in our small places of work, whether the…
President Bola Tinubu has granted his approval for Dr. Olayemi Michael Cardoso to take on the role of Governor of the Central Bank of Nigeria (CBN). Dr. Cardoso’s appointment is for an initial term of five (5) years, pending confirmation by the Nigerian Senate. Dr. Olayemi Michael Cardoso is a highly accomplished Nigerian professional with…
President Bola Tinubu has announced the removal of the suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, and his deputies. He has appointed Dr. Olayemi Michael Cardoso as the new Governor of the CBN. Dr. Cardoso, a former Citibank executive, previously served as Commissioner for Budget during Tinubu’s first term as Lagos governor from…
According to a reliable report from The PUNCH, the Central Bank of Nigeria has concluded plans to release all N1,000, N500, and N200 notes in its possession to Deposit Money Banks. This decision is expected to alleviate the months-long hardship and distress Nigerians have been experiencing due to the CBN’s controversial naira redesign policy, which…
Residents in Ogun State continue to reject old N500 and N1,000 notes despite the directive from the Central Bank of Nigeria (CBN) to accept them as legal tender. This is causing difficulties for motorists and business operators who need to transact with the old banknotes. The Ogun Today’s investigation reveals that accessing both new and…
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…
The highest court in the land in the country, Supreme Court on Friday ordered that old ₦200, ₦500, ₦1,000 notes remain in circulation and legal tender till December 31, 2023. The court also nullified the Federal Government’s Naira redesign policy, declaring it as an affront to the 1999 Constitution. It also ruled that it has…
During the 279th MPR meeting held today in Abuja, Godwin Emefiele , , the CBN Governor assured Nigerians that digital currencies will have a place in the country. Godwin said, “We have carried out our investigation and we found out that a substantial percentage of our people are getting involved in cryptocurrency which is not the…
