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Sanwo-Olu approves N5m to assaulted Uber driver

Lagos State Governor, Babajide Sanwo-Olu, has ordered the payment of N5million compensation to an Uber driver, Adedotun Clement, who was assaulted onOctober 20, 2021, during a rally to mark the one-year anniversary of the #EndSARSprotest in the State.The Governor, in a statement on Saturday, said he had “directed the HonorableAttorney General to set up a […]

CBN Debunks Scarcity of New Naira Notes being Linked to Printing Materials Shortage

The Central Bank of Nigeria (CBN), has denied claims that the scarcity of the newly redesigned Naira notes was caused by shortage of printing materials. Over the last couple of days, some news outlets had been reporting about the shortage of currency printing materials at the Nigeria Security Printing and Minting Company, while erroneously quoting […]

Supreme Court halts old naira notes deadline implementation pending suit hearing

The SUPREME COURT has restrained the Federal Government and the Central Bank of Nigeria (CBN), from effecting the February 10, deadline to phase out the old N1000, N500 and N200 notes. The apex court temporarily barred the CBN and the Federal Government from making an order to stop or suspend the Swap of the old […]

President Muhammadu Buhari extends deadline of the ongoing currency swap by ten days

President Muhammadu Buhari yesterday approved extension of the ongoing currency swap by ten days, moving the deadline from January 31, 2023 to February 10, 2023. President Buhari gave the approval at a meeting with the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, urging more time, discretion and order to enable Nigerians successfully […]

Hon. Femi Gbajabiamila threatens a warrant of arrest on the CBN Governor

The Speaker of the House of Representatives Hon. Femi Gbajabiamila at plenary yesterday threatened a warrant of arrest on the Central Bank Governor, Mr Godwin Emefiele over his refusal to honour invitation to brief members on the current cash swap policy. The speaker who described the actions of the CBN governor and his Bank Directors […]