Day: February 3, 2023

Analysis: Redesigned Notes: LCCI Faults Government’s Phasing Out Approach

Ganiyu Amodu

The expectations of many Nigerians have been dashed, on positive deployments promised with the redesigned Naira notes. So far, business deals have been impeded, while loss of time and value are experienced by many across the country. Following the disturbing trends, the Central Bank of Nigeria CBN has been called upon to enlighten the public on grey areas about the scarcity of the new Naira notes in addition to strengthening its policy implementation capacity. READ ALSO: Buhari Begs Nigerians For Seven Days To Resolve ‘Cash Crunch’ Issues Protest Rocks Ibadan…

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Buhari Begs Nigerians For Seven Days To Resolve ‘Cash Crunch’ Issues

Ganiyu Amodu

The President, Major General Muhammadu Buhari (retd), on Friday, urged citizens to give him seven days to resolve the cash crunch that has become a problem across the country from the Central Bank of Nigeria policy to change high-value naira notes with new ones. Speaking to the Progressive Governors’ Forum who paid him a visit at the Presidential Villa to seek solutions to the cash crunch which they said was threatening the good records of the administration in transforming the economy, Buhari said the currency re-design would give a boost…

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Protest Rocks Ibadan Over Naira, Fuel Scarcities

Ganiyu Amodu

Some aggrieved residents of Ibadan, the Oyo State capital, on Friday trooped to major roads protesting over the hardship they were experiencing over the scarcities of the new Naira notes and fuel. The News Agency of Nigeria reports that the protesters, in their hundreds, blocked major areas of the capital city. These included the Iwo Road Interchange, frontage of the State Secretariat at Agodi and other major roads in the city. READ ALSO: Nigerian Billionaire, Dozy Mmobuosi, Nears £90m Takeover Of Sheffield United BREAKING: Buhari Non-committal As APC Govs Beg…

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Nigerian Billionaire, Dozy Mmobuosi, Nears £90m Takeover Of Sheffield United

Ganiyu Amodu

Nigerian billionaire, Dozy Mmobuosi, is closing in on a deal to buy Sheffield United for around £90million amid the club’s recent transfer embargo. According to The Times, Mmobuosi is reportedly thought to be in the final stages of buying the Bramall Lane club. It is understood that the prospective buyer still needed to pass the EFL’s owners’ and directors’ test, but that ‘no problems have arisen’ so far. It has been known for some time that the Blades could be sold with current owner, HRH Prince Abdullah bin Musa’ad bin…

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BREAKING: Buhari Non-committal As APC Govs Beg Him To Allow Old, New Notes Coexist

ADEOLA YUSUF

Buhari reportedly neither said yes or no to the request by Governors elected on the platform of the All Progressives Congress (APC) for him to allow the old and new naira notes co-exist. President Muhammadu Buhari was said to be non-committal on Friday as Governors elected on the platform of the All Progressive Congress (APC) appealed to him to allow the old and new naira notes co-exist to ease the suffering of Nigerians. The President reportedly neither said yes or no to the request. READ ALSO: Alleged Blackmail Against Military:…

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Alleged Blackmail Against Military: We Stand By Our Petition To President Buhari, Says CUPP

ADEOLA YUSUF

…disowns Ugochinyere’s statement .Insists Natasha Akpoti-Uduaghan must be investigated The Coalition of United Political Parties has said it stands firmly by its letter to President Muhammadu Buhari, asking him to investigate certain politicians in Kogi State over an alleged attempt to cause mayhem in a bid to disrupt the forthcoming elections. The CUPP, in a statement jointly signed by 19 of it’s leaders, said,  arising from a crucial meeting of Steering Committee members in Abuja, on Thursday, members passed a resolution to distance the Coalition from a statement said to…

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