Nigerian Newspapers: 10 things you need to know this Friday morning
Good morning! Here is today’s summary from Nigerian Newspapers: 1. Governor Nasir El-Rufai of Kaduna State yesterday dared President Muhammadu Buhari on the naira redesign policy, saying the old notes remain legal tender in the State. In a statewide address on Thursday night, El-Rufai said the notes remain legal tender until the Supreme Court of Nigeria decides otherwise. 2. Governor of the...
Nigerian Newspapers: 10 things you need to know this Thursday morning
Good morning! Here is today’s summary from Nigerian Newspapers: 1. The growing anger over the cash crisis resulting from the Central Bank of Nigeria currency redesign policy took another dimension on Wednesday as protesting customers torched banks and destroyed Automated Teller Machines in Edo and Delta States. The violent protest claimed three lives, while many others were injured. 2. The Governor...
Marketers ignore FG, sell petrol for N205/litre
Oil marketers have snubbed the Minister of States for Petroleum Resources, Timipre Sylva’s directive that Premium Motor Spirit also known as petrol be sold at N184 per litre, selling the product above the regulated price. The minister, who was in Lagos on Friday on the directive of President Muhammadu Buhari to assess the situation of things with regard to distribution...
Full text of the Buhari’s nationwide address on naira scarcity
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 by several internal and external...
Buhari Rejoices with VP’s Mother, Mama Olubisi Osinbajo, At 90
President Muhammadu Buhari has extended hearty felicitations to the Osinbajo family on the 90th birthday anniversary celebration of their matriarch, Mama Olubisi on February 16, 2023. In a letter he personally signed, yesterday, the president thanked the celebrant for giving the country illustrious offspring like the Vice President, Prof. Yemi Osinbajo, and his other siblings. The congratulatory letter stated: “It gives...
CBN to Nigerians: Embrace eNaira, internet banking as alternatives to cash
The Central Bank of Nigeria (CBN) has asked Nigerians to embrace eNaira and internet banking as alternatives to cash transactions. Speaking at the recently concluded 44th Kaduna International Trade Fair, Osita Nwanisobi, director of corporate communications, CBN, said the Nigerian payment system infrastructure could handle the surge in transaction volumes across all payment channels. The CBN director spoke against the backdrop...
Valentine’s Day: Share love, not HIV, NACA boss charges Nigerians
•Emphasises importance of knowing status As Nigeria joins the rest of the world to mark this year’s Valentine’s Day on February 14, the Director General, of the National Agency for the Control of AIDS, NACA, Dr. Gambo Aliyu, has called on all Nigerians, especially young people, to take advantage of the spirit of love and togetherness that the day signifies,...
Diphtheria outbreak: NCDC records 216 diphtheria cases, 40 deaths
The Nigeria Centre for Disease Control (NCDC) says it has recorded 216 cases of diphtheria and 40 deaths in the country. Diphtheria is a bacterial infection caused by the corynebacterium species that affect the nose, throat, and sometimes, skin of an individual. Some symptoms of diphtheria include fever, runny nose, sore throat, cough, red eyes, neck swelling, and difficulty in breathing. The...
Cashless policy and the cashless banks of Nigeria
IT was in October 2022 that the Central Bank of Nigeria, CBN, announced its intention to redesign the currency, which it said was in the best interest of Nigerians to check terrorism financing, counterfeiting and imbalances in the fiscal space, and to enable the apex bank to take control of the currency in circulation. As a result of the currency...
NIGERIAN NEWSPAPERSNigerian Newspapers: 10 things you need to know this Tuesday morning
Good morning! Here is today’s summary from Nigerian Newspapers: 1. Some commercial banks and filling stations have stopped collecting the old naira notes from customers, contrary to the ruling of the Supreme Court restraining the Federal Government from enforcing the February 10 time limit earlier fixed by the apex bank for the currency swap. Officials said they were acting on CBN...
