#NairaRedesign Archives | FAMOUS REPORTERS

Jul

26

2023

CBN gives Update On Old, New 200, 500, 1000 Naira

NATIONAL NEWS#CBN, #NairaRedesign

CBN gives Update On Old, New 200, 500, 1000 Naira The Central Bank of Nigeria (CBN) confirmed on Tuesday that plans are in place to gradually phase out the old N200, N500, and N1,000 naira notes. Acting Governor of the apex bank, Folashodun Shonubi, provided these details after a monetary policy committee meeting at the CBN headquarters in Abuja. It would be recalled that, in October 2022, former CBN Governor Godwin Emefiele announced plans to redesign these currency bills and had asked Nigerians to deposit their old notes before they became invalid on January 31, 2023. Former President Muhammadu Buhari…

Mar

13

2023

By Famous Reporters

Police Arrest Fake Military Personnel, Recover Military Uniform In Delta

CRIME#LocallyMadeGun, #NairaRedesign, #NAOSNP, military

Police Arrest Fake Military Personnel, Recover Military Uniform In Delta Operative of the Delta State Police Command has arrest suspected armed robbers and recover three (3) locally made guns, one live cartridge, concealed in a bag of rice. In a press statement e-signed and released to the National Association of Online Security News Publishers, NAOSNP by the Command's Spokesperson, DSP Bright Edafe stated that, "On the 12/03/2023 at about 0900hrs, operatives of Eagle-Net Special Squad, while on intensive Aberdeen system of patrol, sighted a tricycle with reg. no. RRU 773 QK conveying three male occupants. They were intercepted and subjected…

Mar

10

2023

By Famous Reporters

NSCDC Busts Notorious Criminal Syndicates, Recovers Fake Currencies

POLITICS#NairaRedesign, #Syndicate, NSCDC

NSCDC Busts Notorious Criminal Syndicates, Recovers Fake Currencies The Commandant General of the Nigeria Security and Civil Defence Corps' Special Intelligence Squad (CG’s SIS), has in a clandestine operations, arrested two syndicates alleged to be involved in offences ranging from criminal conspiracy, cheating, obtaining by trick (OBT) and production/distribution of counterfeited US Dollars (USD) and new Naira notes into the society. A statement signed by the Director of Public Relations, CC Olusola Odumosu, and made available to the National Association of Online Security News Publishers (NAOSNP), noted that one of the groups arrested which consisted of four male adults…

Feb

22

2023

By Famous Reporters

Naira scarcity: LASU staff slumps, dies while queuing in bank to withdraw N5,000f

METRO#MonetaryPolicy, #NairaRedesign, #NairaScarcity

Naira scarcity: LASU staff slumps, dies while queuing in bank to withdraw N5,000 A staff of the Lagos State University (LASU) Ojo, Mr Ademola Adesola, slumped and died while queuing in a bank within the school to withdraw N5,000 new notes. The Head of the Publicity and Public Relations Unit of the university, Mr Jeariogbe Olaniyi, who confirmed the incident to the Nigerian Tribune on Tuesday, February 21, 2023, said the Grade Level 13 officer drove himself to the school in the morning. According to Mr Olaniyi, around 11.30 am, the deceased left the office for the bank…

Feb

17

2023

By Famous Reporters

UPDATE: We Never Authorised Banks To Accept Old N500, N1000 Banknotes -CBN gives fresh directives

NATIONAL NEWS#GodwinEmefiele, #NairaRedesign, CBN

OUPDATE: We Never Authorised Banks To Accept Old N500, N1000 Banknotes -CBN gives fresh directives The Central Bank of Nigeria (CBN) has debunked viral report that the apex bank has ordered commercial banks to start accepting the old N500 and N1000 banknotes. The central Bank in a statement on Friday evening said the report was fake and unauthorised. CBN spokesman, Osita Nwanisobi, said the apex bank strictly stands by the directive of President Muhammadu Buhari that only allows the old N200 note to circulate with the new one for a period of 60 days. “The attention of the Central Bank…

Feb

14

2023

By Famous Reporters

Naira Scarcity: Ohanaeze Youth Calls For Arrest of Bank Managers Over Alleged reservation of notes for Politicians, PoS *Urges EFCC to Shutdown PoS Units

METRO#GodwinEmefiele, #IgboayakaO.Igboayaka, #NairaRedesign, #OhanaezeNdigbo, #OhanaezeYouthCouncil, CBN

Naira Scarcity: Ohanaeze Youth Calls For Arrest of Bank Managers Over Alleged reservation of notes for Politicians, PoS *Urges EFCC to Shutdown PoS Units The apex Socio-cultural youth organization of Ohanaeze Ndigbo Worldwide Ohanaeze Youth Council, has called for immediate arrest of bank Managers and closure of all Point Of Sales, known p as POS in various street in Nigeria. Speaking to news men at Abakiliki, Ebonyi State capital weekend, the National President of OYC, Comrd. Igboayaka O. Igboayaka stated that Bank Managers sold naira note at a high rate to PoS Operators while in return, PoS…

Feb

11

2023

By Famous Reporters

Naira Redesign: Tell FG to also comply with order releasing Kanu, IPOB’s Counsel, Ejimakor

IPOB, NATIONAL NEWS#AloyEjimakor, #MaziNnamdiKanu, #NairaRedesign

Naira Redesign: Tell FG to also comply with order releasing Kanu, IPOB's Counsel, Ejimakor The special counsel to the detained leader of the Indigenous People of Biafra, Nnamdi Kanu, Aloy Ejimakor (Esq.), has said those asking the Federal Government to comply with the Supreme Court judgment extending the deadline on the old naira notes should also ask it to comply with the court ruling that released Kanu. The lawyer stated this in a Twitter post on Friday morning, adding that all judgements are equal. Ejimakor wrote, “Those asking the Federal Government to obey the Supreme Court judgment extending the deadline…

Feb

09

2023

By Famous Reporters

NAIRA REDESIGN: You Can’t Use Your Position To Fight Crime, Allow EFCC, Financial Analyst, Mascot Kalu Tells CBN Governor …Suggests possible solution

NATIONAL NEWS#Anti-CorruptionandFinancialCrimes, #EFCC, #GodwinEmefiele, #MascotUzorKalu, #MonetaryPolicy, #NairaDevaluation, #NairaRedesign, CBN, ICPC

NAIRA REDESIGN: You Can't Use Your Position To Fight Crime, Allow EFCC, Financial Analyst, Mascot Kalu Tells CBN Governor ...Suggests possible solution C A renowned Financial Analyst, Hon. Mascot Uzor Kalu says Nigeria does not have economic problem, but monetary policy problem. Contrary to the general notion as it pertains to the major challenge that that crippled Nigeria, Chief Mascot Uzor Kalu, the Governorship Candidate of Action People's Party, APP has alleged that the canker warm eating up the wealth and progress of the Nigerian nation is hitched on monetary policy and not economic. The prospective Governor of the State…

Feb

09

2023

By Famous Reporters

APP’s Mascot Kalu Vows To Be Accessible, Invest In Education *Accuses CBN of misapplication of monetary policy

NATIONAL NEWS, POLITICS#APP, #BasicTrainingForTeachers, #EndTeacherBrutality, #GodwinEmafiele, #MascotUzorKalu, #MonetaryPolicy, #NairaRedesign, CBN

APP's Mascot Kalu Vows To Be Accessible, Invest In Education *Accuses CBN of misapplication of monetary policy By Charity Uwakwe Chief Mascot Uzor Kalu, the Governorship Candidate of Action People's Party, APP, has reiterated that his administration would invest greatly in the educational sector of the State, when elected as a Governor. The governorship hopeful vowed that his government would in line with the past administration of Dr. Orji Uzor Kalu, ensure that Abia children receive quality education, while ensuring that the teachers undergo training and retraining sessions intermittently. Mascot pledged to organize training and retraining…

Feb

03

2023

By Famous Reporters

Ekiti Rally: Opposition elements behind fuel, new naira scarcity, says Tinubu *Seeking elections postponement

POLITICS#APC, #BolaTinubu, #FUEL, #inflation, #NairaDevaluation, #NairaRedesign, #Scarcity, Opposition

Ekiti Rally: Opposition elements behind fuel, new naira scarcity, says Tinubu *Seeking elections postponement At Ekiti Rally, Tinubu says opposition elements want to create political crisis with fuel, new Naira notes scarcity 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 and hardship to Nigerians…