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The Governor of Kaduna State, Nasir El-rufai has urged citizens of his state to continue spending the old naira notes against the federal government's February 10 order. People Gazette reported that El-rufai gave the order in a recent footage earlier this week. He urged citizens to disregard the Central Bank’s directive and continue to tranKeep Spending Old Naira – El-Rufai Tells Kaduna Residents
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The Nigerian Police Force has launched a manhunt to arrest and prosecute people abusing or selling the new naira notes.This was contained in a press statement issued by the Police Public Relations Officer of the Jigawa State Police Command, DSP Lawan Shiisu Adam.He said the state Commissioner of Police, Ekot Effiom, issued the warning following aPolice Launch Manhunt To Arrest Abusers & Sellers Of New Naira Notes
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Gov Nyesom Wike of Rivers state has applauded the Supreme Court for restraining the Central Bank of Nigeria, CBN, from implementing the February 10 deadline on the phasing out of N200, N500 and N1000 old notes.Wike spoke during the Rivers State Peoples Democratic Party (PDP) campaign in the Abua/Odual Local Government Area, where he urged the peopNaira Redesign: Gov, Wike Lauds Supreme Court Verdict, Says Rivers Will Join Suit Against FG
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Hours after the Supreme Court stopped the Central Bank of Nigeria, CBN from executing the February 10 deadline for the validity of old naira notes, the governor of the apex bank, Godwin Emefiele met with President Muhammadu Buhari.Recall that a seven-man panel of the Supreme Court led by Justice John Okoro, in a unanimous ruling had on Wednesday oNew Naira: CBN Gov. Emefiele Meets Buhari After Supreme Court Order
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The Supreme Court of Nigeria has temporarily halted the move by the Federal government to ban the use of the old N200, N500 and N1000 notes as legal tenders from February 10. The Supreme court gave the order while delivering judgment in the exparte application filed before it by the Kaduna, Zamfara, and Kogi state governments against plans by theJUST IN: Supreme Court Stops FG From Banning On Old Naira Notes
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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has discovered N258 million stashed in the vaults of a bank amid the ongoing cash scarcity in the country.Azuka Ogugua, spokesperson of the anti-graft agency, who disclosed this, said the money, all new naira notes, was found in the vault of the Abuja head office of SteUPDATE: ICPC Discovers Over N250m Stashed In Abuja Bank Amidst Naira Scarcity
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Outgoing President of the Nigeria Labour Congress, Ayuba Wabba on Tuesday, accused the Federal Government of pushing the working population to the wall with its money swap policy.He said the President and his economic team, comprising the Central Bank of Nigeria, should as a matter of urgency take immediate action to end the excruciating sufferingNLC Reveals Why It Has Not Been Protesting On Street Over Naira Scarcity
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A meeting scheduled for Tuesday between President Muhammadu Buhari and state governors has been cancelled. The meeting was supposed to hold on Tuesday. A senior Presidency source who spoke with Punch late Monday revealed that Buhari would meet the governors to discuss, among other things, the nationwide crisis trailing the Central Bank of NigeriaâNew Naira: Buhari’s Meeting With Governors, Others Cancelled
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Customers operating an account with a popular bank have been pacified with soft drinks amid the worsening naira scarcity situation. Following the recent violence that have characterised disgruntled customers visitation of banks, Fidelity decided to serve its customers drinks free of charge likely to calm them down. A video making the rounds onlineNaira Scarcity: Banks Serves Customers Waiting For Cash Free Drinks (VIDEO)
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A video has captured the moment some aggrieved residents of Abuja forcefully opened the gate of a bank to gain access into the premises. The frustrated customers got violent following their inability to access the newly redesigned Naira notes. They broke through the gates and made their way into the bank premises. [size=14pt] Click Here To WatchNaira Scarcity: Moment Some Angry Abuja Residents Forcefully Unlocked Gate Of A Bank (VIDEO)
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The presidential candidate of the Labour Party (LP), Peter Obi, has accused his All Progressives Congress (APC) counterpart, Bola Tinubu of sponsoring a multi-million naira fake documentary against him. Obi, in a statement by the Head of Media of the Obi-Datti Presidential Campaign Council, Diran Onifade, said the documentary is an attempt to port"Tinubu Sponsoring Multi-Million Naira Fake Documentary Against Me" -Peter Obi
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The scarcity of naira notes has enforced a new order in marriage transactions in Jigawa State whereby intending grooms now pay for dowry and other traditional rights through mobile transfers.The dowry, one of the most important conditions that validate a marriage in Islam, is usually given in cash during the wedding Fatiha.However, most of the wedScarcity Of Naira Enforces New Order In Jigawa As Grooms Adopt E-payment For Dowry
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Justice Eleoje Enenche of a High Court at the Federal Capital Territory in Abuja today February 6, issued an order restraining the Federal Government, President Buhari, CBN governor, Godwin Emefiele, and 27 listed commercial banks from suspending, stopping, extending or interfering with the currency redesignation terminal date of February 10 or isAbuja Court Bars CBN, Buhari, Others From Shifting February 10th Naira Swap Deadline
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There was a joint operation between the Central Bank of Nigeria, CBN, EFCC and ICPC which led to the discovery of N287 million redesigned Naira notes hidden in a bank vault. A video shared online shows new Naira notes stacked on shelves and on the floor in an inner room in the bank. This discovery was made amid cash scarcity that has seen Nigerian'287 Million' New Naira Notes Reportedly Discovered Hidden In A Bank Vault (VIDEO)
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The federal government has been warned that any attempt to extend the date for naira swap will result in the boycott of the 2023 presidential election. Punch reported that thirteen political parties out of the 18 political parties in Nigeria on Monday issued the threat. The parties say they will withdraw from participating in the 2023 general elecJust In: Parties Threaten To Boycott 2023 Election If CBN Shifts New Naira Deadline
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Adams Oshiomhole has accused the Central Bank of Nigeria (CBN) of deceiving President Muhammadu Buhari over the redesign of the naira notes.President Buhari last year approved the redesign of the N1,000, N500, and N200 notes. The move, has, however, created hardship among Nigerians who battle to lay hands on the new notes as the February 10t"CBN Deceived Buhari Over Naira Redesign" –Oshiomhole
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Charismatic Catholic Priest, Rev. Fr. Ejike Mbaka, has warned President Muhammadu Buhari over the continuous detention of the leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu.Mbaka, on Sunday, warned Buhari of dire consequences if his government continued to keep Kanu.He spoke while addressing thousands of his Adoration members.He didFr Mbaka Sends Fresh Prophecy to Buhari, Emefiele Over Nnamdi Kanu, New Naira Notes
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Some netizens have called for the arrest of the children of the Chairman of Lagos State Parks and Garages Management Committee, Musiliu Akinsanya, popularly known as MC Oluomo following a trending video of them spraying tons of new notes.In the viral social media video, we see Fuji king, Kwam 1 hailing the children of MC Oluomo at a recent event fReactions As MC Olumo’s Sons Were Spotted Lavishly Spraying New Naira on KWAM1 Amidst Scarcity
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The Speaker of the House of Representatives Femi Gbajabiamila says the lawmakers may reconvene if the hardship occasioned by the naira swap continues.While the lawmakers are on break and are expected to resume after the general elections, the scarcity of the new naira notes and the attendant consequences may force the House of Representatives to rReps May Reconvene Over Naira, Fuel Scarcity– Speaker, Gbajabiamila
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The Central Bank of Nigeria, CBN enforcement team accosts a bank branch in Ado Ekiti hoarding the new naira notes to the tune of N6M.A video shared by a media strategist, Deji Adesogan, on Twitter captured the enforcement agency of CBN questioning a bank on why they have new notes yet to be disbursed.The bank claimed that their ATMs were yet to beOur ATMs Not Working - Sterling Bank Ado-Ekiti Accosted For Hoarding N6m New Naira Notes (VID)
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According to a tabloid, 'The Aba Times' which analyzed how the apex bank's introduction of new Naira notes will be beneficial to Labour Party presidential candidate, Mr Peter Obi.The tabloids reports which was published on October 27, 2022 Says: 'How Redesigned New Naira Notes Will Favour Peter Obi In 2023' “SomehoHow Redesigned New Naira Notes Will Favour Peter Obi In 2023 Election
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The governor of Borno state, Babagana Zulum, has threatened to revoke the land of any building they occupy if they fail to dispense new naira notes via their Automated Teller Machines (ATMs). Governor Zulum gave the threat on Friday afternoon Febriary 3, in Maiduguri after visiting branches of banks to assess problems being faced by residents inGov. Zulum of Borno State Threatens to Revoke Lands of Banks Hoarding New Naira Notes
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The presidential candidate of the Labour Party, Peter Obi, on Sunday morning pleaded with Nigerians to bear with the Central Bank of Nigeria and the Federal Government over the scarcity of the redesigned naira notes and the biting challenges experienced across the country.Taking to his Twitter handle, Obi said currency redesigning was not peculiarPeter Obi Begs Nigerians to Bear With CBN & Federal Govt Over Scarcity of The New Naira Notes
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Controversial Islamic cleric, Sheikh Ahmad Gumi, has said that the plan by the Central Bank of Nigeria to curb kidnapping in the country through the redesign of the N200, N500, and N1,000 notes is not effective as terrorists already have access to the new notes.Gumi noted that the terrorists were “people who have grievances and also like to imprTerrorists Are Mocking Emefiele, They Have Surplus New Naira Notes – Sheikh Gumi Reveals
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Nigeria’s Vice President, Yemi Osinbajo, has faulted the implementation of the currency redesign policy of the federal government and lamented the hardship it has caused residents of the West African country.Mr Osinbajo expressed his view in Abuja Friday at a meeting with players in the financial technology (FinTech) space, his spokesperson, LaoNigeria Vice President Osinbajo Faults Implementation Of New Naira Notes Policy
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Senator Muhammadu Ndume, the Chairman of the Senate Committee on Army, has cried out over the naira scarcity.He raised an alarm over the grave impact of the naira redesign and the cashless policy on the operations of troops at the front line.“Naira redesign and the CBN’s cashless policy are actually gravely affecting the strategic operations oSenator Ndume Cries Out, Reveals Naira Redesign Is Affecting Military Operations
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Nyesom Wike, the Rivers State Governor, has slammed the Central Bank of Nigeria.He alleged that the move by the Central Bank of Nigeria, CBN, to redesign Naira notes was aimed at causing riots in the country.Wike, who spoke on Saturday during a campaign in the Opobo/Nkoro Local Government Area of the state, alleged that the aim was to cause crisesRivers Gov, Wike Blows Hot, Says Naira Redesign Was Aimed At Causing Riots To Shift Election
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The Governor of the Central Bank, Godwin Emefiele on Friday insisted that the apex bank will not extend the deadline for swapping old naira notes with the newly redesigned ones.He made this known during a special briefing at the CBN office in Lagos, saying that the CBN and other stakeholders are already looking addressing areas where there are prNo Extension On February 10th Deadline For Naira Swap, Says CBN Governor, Emefiele
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Abdullahi Ganduje, the governor of Kano, claims that the Central Bank of Nigeria governor, Godwin Emefiele, pushed for the naira redesign policy because he failed in his presidential bid.Ganduje stated this in an interview with BBC Hausa after a meeting of APC governors with President Muhammadu Buhari.“The naira redesign is not the agenda of the"Emefiele Introduced Naira Redesign Because He Failed In His Bid For Presidency"– Gov. Ganduje
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An embattled young man relocates his belongings to the bank amidst the scarcity of the new Naira notes that has rendered many stranded.It would be recalled that the CBN redesigned the Naira note and put a deadline on the legitimacy of the old notes.A video making the rounds on social media captured the moment a troubled man took his pots, bed, andAmidst New Naira Notes Scarcity, Man Packs All His Belongings & Relocates To Bank (Video)
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