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The Central Bank of Nigeria (CBN) has said that if Point of Sale (PoS) agents are found to be charging customers more than they should, their licenses will be taken away. The threat came from CBN on Tuesday. Advertisement Read Also: JUST IN: Buhari, Godwin Emefiele in closed-door meeting in Aso Rock Villa hours after Supreme Court ruling on CBN ...
Whistle Blower
February, 2023
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8 February
S/Court suspends CBN’s Feb 10 old naira deadline, Tinubu rejoices
The Supreme Court of Nigeria has today restrained the Federal Government from continuing with the full implementation of the demonetization policy. Three northern states, Kaduna, Kogi and Zamfara, had, in a motion ex-parte filed on February 3rd, prayed the apex court to halt the Central Bank of Nigeria’s naira redesign policy. A 7-man panel of the Supreme Court led by ...
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8 February
Emefiele assures INEC of funds for elections
The CBN governor assured that cash would be made available for payment of the service providers and added that the apex bank would not allow itself to be used to frustrate the efforts of the electoral body. Emefiele promised that the apex bank would do everything possible to support the 2023 election, stressing that it has never failed Nigerians. He ...
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8 February
2 protesters gunned down in Abeokuta, Ondo too boils
Protests have broken out in Abeokuta, the capital of Ogun State, in response to the hardship occasioned by petrol scarcity and lack of access to the redesigned naira notes. Pockets of crowds gathered at different corners of the Sapon area on Tuesday, singing songs of displeasure as they besieged the Sapon branch of Access Bank and First Bank to obtain ...
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7 February
Court orders no extension as old naira notes end February 10
Justice Eneojo Eneche of the Federal Capital Territory (FCT) High Court, has stopped the Central Bank of Nigeria (CBN), President Muhammadu Buhari, and 27 commercial banks from suspending or interfering with the currency redesign terminal date of February 10 or issuing any directive contrary to the said date.In a motion by five political parties namely Action Alliance (AA), Action Peoples ...
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7 February
Lawan confesses :l gave up to Machina after Appeal,.. APC, not me, approached S/Court
Senate President, Ahmed Lawan has lauded Supreme Court Judgement which declared him on Monday as the valid candidate of All Progressives Congress for Yobe North senatorial district. Bashir Machina was earlier declared as candidate of the party before the Monday judgement of Supreme Court. Reacting to this, Senator Lawan said “The Supreme Court Judgement of today on the disputed All ...
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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 ...
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6 February
Buhari’s 7 days timeline expires this week, problems persist
The count down is on. It’s few days left out of the seven-day period requested by Buhari to solve the new naira crisis Nigerians are holding on to that promise, urging him to come up with him a solution before the expiration of the period. Already the fuel and scarcity of naira noteshad caused hardship and resulted in protests in ...
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6 February
Basketmouth marries New Lover Weeks After 12yrs Marriage Crashes !
Nigerian comedian, Bright Okpocha, better known as Basketmouth, has walked down the aislebwith new lover, zkStella This is coming a few weeks after Basketmouth managed to get people talking as he announced the end of his 12-year-old marriage with his wife, Elsie Uzoma Okpocha. Basketmouth married Elsie Uzoma in 2010 and they are blessed with three children ,Janelle, Jason, and ...
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6 February
Tinubu exposes plot to postpone election, instal interim govt
All Progressives Congress Presidential Candidate, Asiwaju Bola Ahmed Tinubu, said the fifth columnists behind the current nationwide fuel and new Naira notes scarcity want to foist a political crisis on the country. Speaking at Ekiti Parapo Pavilion in Ado-Ekiti, venue of the presidential campaign rally on Friday, Asiwaju Tinubu said the people behind the crisis that is causing nationwide frustration ...
