The United States Embassy in Nigeria has alerted its citizens in Nigeria on possible protests and restricted movements on February 25 and March 11. In a notice on its website, the Embassy advised its nationals to avoid rallies as “they can turn violent with little or no notice”. The Embassy also advised American citizens in…
Kaduna State Governor, Nasir El-Rufai, has accused the Central Bank of Nigeria of withdrawing N2 trillion from circulation and replacing the old notes by minting only N400 billion. He made the allegation on his Twitter handle on Sunday, adding that the apex bank only confiscated the currency as against what was obtainable in the currency…
The Jigawa State Government has said the old naira notes remain legal tender in the state pending the judgment of the Supreme Court. The state Commissioner for Information, Youths Sports and Culture, Ibrahim Mamsa, stated this in a statement issued late Thursday. This is coming despite the position of the President, Major General Muhammadu Buhari…
The civil unrest early on Friday morning has now spread to Agege, Ikorodu and other parts of Lagos State. Pandemonium broke out in some parts of the state in the early hours, on Friday, as some aggrieved persons suspected to be hoodlums stormed major roads in protest of the naira scarcity in the state. The…
The National Agency for Food, Drug Administration and Control has destroyed fake drugs and expired products worth N326,833,592.80, which were seized from pharmaceutical stores and other business enterprises across the states of the North Central geo-political zone of the country. Speaking at the destruction exercise in Lafia, the Nasarawa State capital, on Thursday, the Director…
The President, Major General Muhammadu Buhari (retd), is currently meeting members of the House of Representatives Ad-hoc Committee investigating the new Naira policy implemented by the Central Bank of Nigeria, at the State House,News providers learned. Thursday’s meeting which started a few minutes after noon comes hours after the President, in a televised message, announced…
My Dear Compatriots, I have found it necessary to address you today, on the state of the nation and to render account on the efforts of our administration to sustain and strengthen our economy, enhance the fight against corruption and sustain our gains in the fight against terrorism and insecurity which has, undoubtedly, been impacted…
President Muhammadu Buhari has extended the validity of only the old 200 naira notes till April 10, 2023. Speaking in a nationwide broadcast on Thursday morning, February 16, the president directed that the old N200 notes be reintroduced into circulation to run with the new N200, N500 and N1000 naira notes for 60 days beginning…
