NewsReports

Three northern states are seeking the Supreme Court’s order extending the validity of the old N200, N500, and N1,000 notes. Three state governments, Kaduna, Kogi and Zamfara, have sued the federal government at the Supreme Court over the hardship occasioned by the scarcity of the redesigned naira notes. The three states are in northern Nigeria of which President Muhammadu Buhari’s …

Edo State Governor, Mr. Godwin Obaseki, has approved the constitution of the Edo State Petroleum Monitoring Committee, in a bid to address the scarcity and arbitrary pricing of petroleum products in the state. In a statement, Secretary to the Edo State Government, Osarodion Ogie Esq., said the committee is made up of representatives from various organizations, including, “Commissioner for Mining …

Edo State Governor, Mr. Godwin Obaseki, has said his administration will set up a Special Task Force in the state to clamp down on the excesses of Point of Sale (POS) agents, who charge arbitrary fees in the wake of the cash crunch caused by the Central Bank of Nigeria (CBN)’s currency swap policy. Obaseki said this during an enlarged …

A former Director in the All Progressives Congress Presidential Campaign Council, Naja’atu Mohammed, has said that the First Lady, Aisha Buhari, is part of the cabals in Aso Rock. This follows the statement made by the Governor of Kaduna State, Nasir El-Rufai, that some Aso Rock cabals were working to frustrate the victory of APC presidential candidate, Bola Tinubu, in …

SOCIO-ECONOMIC Rights and Accountability Project (SERAP) has sued President Muhammadu Buhari, Senate President, Ahmad Lawan; Speaker of House of Representatives, Femi Gbajabiamila and two others at the Federal High Court, Abuja over their failure to cut “the unlawful National Assembly budget of N228.1 billion, including the N30.17 billion severance payments and inauguration cost for members.” Joined in the suit as …

As the scarcity of the new Naira notes stifle economic activities, PoS operators raised charges on transactions by 400 per cent. As the Central Bank of Nigeria’s Naira redesign policy bites harder, the scarcity of new notes continues to disrupt business activities in markets, restaurants, banks, and major sales outlets across Nigeria. In the midst of the operational challenges being …

The National President of the Academic Staff Union of Universities (ASUU), Prof Emmanuel Osodeke has urged Nigerians to vote for leaders that would priorities education in Nigeria and not those that treat it with disdain. Prof Osodeke declared that Nigerians must insist that that future leaders in the country must bring back their children to Nigerian tertiary institutions. He said …

Scene at an ATM gallery in Lagos… at the weekend. • ASCSN: More workers to sit at home over intolerable fares• Not producing will lead to food shortage, retrenchment, says food union• ‘Economy has disenfranchised MSMEs’• We are starving, Nigerians lament• Protest playing into hands of those seeking election shift, NLC president warns• Govt making mockery of monetary system, says NECA• …

When in August 2022, I announced to the whole world that in Osun, my principal, Adegboyega Oyetola, did not lose the July 16 governorship election, but only lost the vote count, some Nigerians, especially sympathisers of the Peoples Democratic Party, PDP, were furious. They called me names. But they could not marshal any reasonable argument to disprove my position. So, …

*Urges apex bank to expedite circulation of new currencies *UBA GMD: CBN, banks addressing challenges associated with new naira disbursement  *Atiku alleges APC conniving with banks to hoard new N1000, N500, N200  *Police warn against lawlessness in Kwara as governor calls for calm  *MAN decries hiccups in implementation, says manufacturers will suffer 25% drop in sales The presidential candidate of …