News

ADC endorses Peter Obi for president ahead of Saturday Poll.

The African Democratic Congress, ADC, has endorsed Peter Obi, Labour Party presidential candidate ahead of the Saturday national election. This was revealed by the African Democratic Congress, political party on Monday, February 20th 2023. The development is sequel to the formation of a grand coalition, which aims at propelling Obi and his running mate, Datti Baba-Ahmed for the nation’s top …

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President Buhari Directs Continued Circulation of Old N200 Notes Until April 10th 2023: See Full Statement On Naira Scarcity

In a recent nationwide address, President Muhammadu Buhari instructed the Central Bank of Nigeria (CBN) to introduce old N200 notes into circulation alongside the new N200, N500, and N1,000 banknotes for a period of 60 days. The President expressed regret for any inconvenience caused by the implementation of the Naira redesign policy and apologized to Nigerians. Additionally, the President has …

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N200, N500, and N1000 Notes Are No Longer Legal Tender – CBN Declares

Central Bank of Nigeria, CBN has declared that the old N200, N500, and N1000 notes ceased to be legal tender on February 10, 2023. CBN’s branch controller in Bauchi, Haladu Idris Andaza disclosed this to newsmen on Monday, February 13. This development trails the ruling of the Supreme Court in Abuja that banned CBN from implementing the February 10 expiration …

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Peter Obi Receives Cheers at Alaba Market During Rally As Supporters Gather

Peter Obi, the Labour Party’s presidential candidate, was greeted with enthusiastic applause from his vast number of supporters upon his arrival at Alaba International Market in Lagos State on Saturday. Peter Obi made a stop at the market ahead of a town hall and campaign rally at Tafawa Balewa Square (TBS). “We just arrived at the Alaba international market to …

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Alleged Attacks on Peter Obi’s Supporters During LP Campaign Rally in Lagos

It has been reported that some supporters of the Labour Party’s presidential candidate, Peter Obi, have claimed to be the victims of attacks by hoodlums during the candidate’s campaign rally in Lagos State on Saturday, February 11th, 2023. Social media platforms were flooded with videos and photos of individuals who appeared to have sustained bruises, as well as images of …

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Universities To Be Closed For 3 Weeks Ahead of General Elections.

The federal government has directed for universities across Nigeria to be closed down for three weeks because of the coming elections. The National Universities Commission (NUC) confirmed this in a letter addressed to vice-chancellors and directors of inter-university centres. NUC’s deputy executive secretary (administration), Chris Maiyaki, said the directive followed an order by Adamu Adamu, the minister of education. Maiyaki …

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Godwin Emefiele Says CBN Will Allow Banks Accept Old Notes After Deadline.

Central Bank Governor, Godwin Emefiele has stated that Nigerians with old notes can still deposit them at commercial banks even after the February 10 deadline. The Central Bank of Nigeria Governor disclosed this on Tuesday while appearing before the House of Representatives ad hoc committee. According to the Speaker of the House, Femi Gbajabiamila, the CBN Act mandates commercial banks …

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CBN extends deadline for naira swap till February 10th.

Nigeria’s Apex bank, the Central Bank of Nigeria, CBN, on Sunday, announced that it has extended the deadline for the exchange of old naira notes by 10 days. CBN Governor Godwin Emefiele in a press statement issued on Sunday said the new deadline is now February 10, 2023. Emefiele revealed that 75 percent of the N2.7 trillion held outside the …

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