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Nigerian police on Friday said some citizens frustrated by cash shortages in the country were attacking banks and vandalising cash-dispensing machines and warned that they would be treated as armed robbers. The Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) said its members would stay away from work in states where bank branches were being attacked “until ...
Court Cases
February, 2023
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22 February
Expectations as S/Court resumes sitting on Naira notes today
There are indications that many Nigerians are hoping that the Supreme Court would give a ruling that would get the Federal Government to obey its earlier judgment, thereby saving Nigerians from the naira mess. The Supreme Court today (Wednesday) resumes hearing on the old naira note deadline suit..and also deliver judgements. It is between some state governments and the Federal ...
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15 February
Buyer of murdered couple, Fatinoyes’, car arrested in Ogun
In a Yeo man job, leaving no Stone unturned to get to the root of the case in Ogun Two persons who allegedly bought a stolen car, which is one of the booties of crime have been arrested. They bought the car of the couple, Fatinoye, killed by suspected arsonist on New Year’s day. Lekan Adekanbi, driver of the former ...
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15 February
Naira Scarcity: Protesters Shut Lagos-Abeokuta Expressway
Protesters shut the Lagos-Abeokuta Expressway at Sango-Ota on Tuesday over their inability to withdraw money from Automated Teller Machines (ATMs) as the naira scarcity crisis rolled over. They made bonfires of disused tyres on both sides of the highway causing serious traffic gridlock. Some of the protesters said as YOUNEWS gathered that current cash crunch had created serious pains and ...
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15 February
Supreme Court adjourns Naira Notes’ case to 3 days before election
The Supreme Court, again, on Wednesday adjourned hearing in a suit filed by Kaduna, Kogi and Zamfara States against the Federal Government seeking a restraining order to stop the full implementation of the naira redesign policy of the Central Bank of Nigeria. The suit was initially adjourned by the apex court till today on February 8, 2023, with all parties ...
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15 February
Citizen expect Supreme Court to tackle Emefiele’s Naira notes deadline
Anxiety has gripped Nigerians as the Supreme Court hears the substantial suit on the Naira Swap Policy brought before it by the state governments of Kaduna, Kogi and Zamfara today. Expectation is very high in view of Supreme Court hearing on New Naira notes deadline, and many surely look up to court as the last hope of common man. The ...
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10 February
Adeleke goes to Appeal Court with 74 points
Governor Adeleke and the People’s Democratic Party,PDP, have raised 74 grounds for their appeal against the tribunal judgement that switched his election to former Governor Oyetola. Governor Adeleke and his party PDP are asking the Court of Appeal to set aside the judgement of the Osun State Governorship Election Petition Tribunal which voided his victory in the July 16 election. ...
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10 February
‘Killers’ Of Ogun Couple, Son Murdered Jan 1, Arrested
The Ogun State Police Command says it has arrested all the suspects involved in the gruesome murder of a couple, Kehinde and Bukola Fatinoye and their only son, Oreoluwa Fatinoye.The suspects were arrested 40 days after the couple and their son were killed in their residence in Ibara GRA, Abeokuta, the Ogun state capital, on January 1.The police spokesman, Abimbola ...
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9 February
Shocker ! : S/Court hasn’t rule on CBN Naira swap !
In a surprise move laced with legal jagons, legal minds are saying it isn’t a ruling yet , but interim injunction pending… A lawyer and Senior Advocate of Nigeria, Mike Ozekhome, has explained the judgement of the Supreme Court restraining the Federal Government from implementing the Central Bank of Nigeria’s February 10 ultimatum for the old N200, N500 and N1,000 ...
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7 February
Feb.10 in Court battles, 2 cases on extension or no extension
The February 10 deadline for the currency swap announced by the Central Bank of Nigeria has become a matter for courts to decide. It has pitted Governors Nasir El-Rufai of Kaduna, Yahaya Bello (Kogi) and Bello Matawalle (Zamfara) against 14 political parties which threatened to boycott the February 25 election, should the CBN extend the time limit. This is as ...
