Breaking.. “Emefiele Must Go” Protest In Abuja!

Scores of protesters have besieged the Central Bank of Nigeria’s headquarters office in Abuja on Wednesday,calling for the CBN Governor, Godwin Emefiele’s removal. Watch Videos and Pictures of Emefele must go protest, at the moment: Details later…

Breaking.. NLC To Suspend Nationwide Strike?

The Minister of Labour and Employment, Chris Ngige has met with CBN Governor Godwin Emiefele and the Nigeria Labour Congress President,(NLC) Joe Ajaero, in an effort to avert Nationwide strike billed to begin on Wednesday, over naira and fuel scarcity. After the tripartite meeting, the NLC President, Joe Ajaero said Labour was satisfied that CBNContinue reading “Breaking.. NLC To Suspend Nationwide Strike?”

Just In..Banks To Open on Saturdays& Sundays To ease Cash Crunch. *Emefiele Leads Compliance Monitoring.

The Central Bank of Nigeria,CBN, has directed all commercial banks to open for operation on Saturdays and Sundays to provide the notes released to them physically to customers and ensure that their ATMs are loaded. This is just as the Nigerian Labour Congress gets set to picket CBN offices nationwide over persistent naira scarcity. TheContinue reading “Just In..Banks To Open on Saturdays& Sundays To ease Cash Crunch. *Emefiele Leads Compliance Monitoring.”

Buhari- Emefiele Romance Heading For The Rocks?

The Governor of Central Bank, Godwin Emefiele no doubt became a prominent and frequent visitor to the Seat of Power in Aso- Rock,Abuja in the wake of the Naira Redesign Policy. In the heat of the New Naira Notes crisis,Emefiele continued to have the ears of  Aso Rock,despite the alleged attempts of the Department ofContinue reading “Buhari- Emefiele Romance Heading For The Rocks?”

CBN-Bows To Supreme Court…”200,500& 1000 old Notes Remain Legal Tender”

The central bank of Nigeria, CBN has broken it’s silence on the use of all old naira notes, few hours after the presidency said it did not tell the Apex bank to disobey court orders. A statement by the CBN’sAg. Director, Corporate Communications,Isa AbdulMumin says Old N200, N500, and N1,000 banknotes Remain Legal Tender .TheContinue reading “CBN-Bows To Supreme Court…”200,500& 1000 old Notes Remain Legal Tender””

Just In ..NLC Gives 7-day Strike Notice Over Cash Crunch !

The Nigeria Labour Congress has issued a 7-day strike notice to the Federal Government and the central Bank of Nigeria, CBN, to make cash available to workers or be ready for a nationwide strike. NLC President, Joe Ajaero at an emergency briefing in Abuja acused the federal government and CBN of deliberately creating crisis amongContinue reading “Just In ..NLC Gives 7-day Strike Notice Over Cash Crunch !”

Reject Old Naira Notes, Go To Jail..Erring Banks To Be Sealed Off!

Kogi state Government has warned individuals and business Organisations not to reject the old naira notes, to avoid being prosecuted. This was contained in a Press statement signed by Commissioner for Information and Communication, Kingsley Fanwo . The statement also noted that banks that refused to accept old naira deposits shall be sealed off asContinue reading “Reject Old Naira Notes, Go To Jail..Erring Banks To Be Sealed Off!”

Breaking.. Old Naira Notes Remain Till Dec 31st-Supreme Court

Supreme Court hasĀ  Ordered that the N200, N500 and N1000 naira notes continue to be legal tender till December 31, 2023. The Apex court had fixed March 3 for ruling in the case by 16 state Governors against the Federal Government and the CBN. Some States are specifically challenging the pronouncement of President Buhari, allowingContinue reading “Breaking.. Old Naira Notes Remain Till Dec 31st-Supreme Court”

“Recirculate Old 200 Notes For 60 More Days” Buhari To CBN. * Directive Overrules Supreme Court’s Injunction !

President Muhammadu buhari has directed the Central bank of Nigeria (CBN) to release the old N200 bank notes back into circulation as legal tender for 60 days from February 10, 2023 to April 10 2023 when it will cease to be legal tender. The President who gave the directive during a Nationwide broadcast to theContinue reading ““Recirculate Old 200 Notes For 60 More Days” Buhari To CBN. * Directive Overrules Supreme Court’s Injunction !”

Naira Riots Videos: One Day,One Trouble! *One Dead,Scores Maimed.

From Lagos,to Ogun, Edo Delta and Oyo,naira Riots all over the Federation! Irate Nigerians who could not get cash to buy food ,fuel and for other business transactions took to the streets to express their anger ! In Delta State,Access Bank building was set ablaze. In Edo state, a protester got killed. Ibadan ,Oyo State,theContinue reading “Naira Riots Videos: One Day,One Trouble! *One Dead,Scores Maimed.”