Author: Adejuyigbe Francis

The Central Bank of Nigeria (CBN) has confirmed that old N200, N500, N1,000 notes will remain legal tender until December 31, 2023. The apex bank’s Acting Director of Corporate Communications, Isa AbdulMumin, announced this in a statement on Monday. AbdulMumin stated that the CBN took the decision based on the Supreme Court’s ruling of March 3, 2022. “Accordingly, the CBN met with the Bankers’ Committee and has directed that the old N200, N500 and N1000 banknotes remain legal tender alongside the redesigned banknotes till December 31, 2023. “Consequently, all concerned are directed to conform accordingly,” the statement read in part.…

The Chairman of the Independent National Electoral Commission, INEC, Prof. Mahmood Yakubu, has assured the legal team of the Labour Party presidential candidate, Peter Obi, that all documents used during the February 25 election would be made available for inspection. At a meeting in Abuja on Monday, Prof Mahmood assured the Labour Party’s legal team that the commission would provide all the documents it requested for it to prosecute its case at the election petition tribunal. Obi is challenging the victory of the President-elect and candidate of the All Progressives Congress (APC), Bola Tinubu. In a post on INEC’s verified…

The Court of Appeal in Abuja, on Monday, commenced sitting in an appeal filed by Mr Ademola Adeleke of the Peoples Democratic Party (PDP) against a judgment of the tribunal which invalidated his election as Governor of Osun State. The three-member panel of justices began sitting in the appeal at about 10am. While Adeleke is the appellant, Oyetola and the All Progressives Congress (APC) are 1st and 2nd respondents in the appeal marked: CA/AK/EPT/GOV/01/2023. The Independent National Electoral Commission (INEC) and the PDP are also joined as 3rd respondent and 4th respondent respectively. The News Agency of Nigeria (NAN) reports…

The website of the National Drug Law Enforcement Agency, NDLEA, has crashed amid the commencement of a recruitment exercise. Checks by our correspondent on Monday found that the agency’s website indicated ‘500 internal server errors. The agency’s recruitment application began on Sunday and was expected to last for two weeks. However, for hours now, applicants cannot access the website. When contacted the Director of Media and Advocacy of the agency, Femi Babafemi; confirmed the development but explained that it was due to glitches resulting from traffic on the website. “The portal never crashed. There are glitches due to the huge number of…

Presidential candidate of the Labour Party, LP, Peter Obi said he has no grudges with the President-elect, Asiwaju Bola Tinubu regarding his declaration by the Independent National Electoral Commission, INEC as the winner of the 2023 presidential election. Obi stated this while speaking in an interwiew with Arise TV on Monday. He said, “I have no issues with Tinubu, he is somebody I have so much respect for as a brother and regard as a father. I am only challenging the process in which INEC declared him as the President-elect. I have no issues with his declaration as the President-elect.”…

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has dismissed allegations that he had launched a fresh plot against the president-elect, Asiwaju Bola Ahmed Tinubu. A media platform (The NATION ) had earlier reported that N500 million windfall was mobilised through high-level CBN agents in Lagos State. The report added that the money was described as “Oga’s own contribution to the takeover-Lagos-from-Tinubu’s-influence,” now that he has become the president-elect and will be relocating to Abuja. Meanwhile, in a statement on Monday signed by the bank’s Acting Director, Corporate Communications, Isa Abdulmumin, titled, “Re- Emefiele launches fresh plot against…

The Governor of Anambra State, Prof Charles Soludo confirmed on Monday that the Central Bank of Nigeria has asked commercial banks to dispense and accept old naira notes as deposits. Soludo, a former CBN governor, made this known in a statement he posted on his social media handles. He explained that the Governor of CBN, Godwin Emefiele gave the directive at a Banker’s Committee meeting on Sunday. He added that Emefiele personally confirmed the directive to him. According to him, residents should report banks refusing to accept the old notes. “Commercial banks have been directed by the Central Bank to…

The Independent National Electoral Commission (INEC) National Commissioner and Chairman, Information and Voter Education Committee, Festus Okoye, on Sunday disclosed that over 170,000 polling unit results of the Feb. 25 presidential and National Assembly elections have been uploaded on its Result Viewing Portal (IReV). Okoye also revealed that the reconfiguration of the Bimodal Voter Registration Systems (BVAS) would be completed by Tuesday, March 14, in preparation for the March 18 governorship and state Assembly elections. He stated this while featuring on Channels Television’s Sunday Politics. According to him, no political party will be given permission to look into the brain…

A former federal lawmaker, Shehu Sani has noted that Northern politicians are now being nice and humble to the people. According to Sani, this could be as a result of lessons learnt from the February 25 presidential election. Nigerians trooped out en-masse to decide their next leader during the presidential election and even though there are reports of massive rigging and electoral fraud across the country, the turnout showed that the people, especially the youth, are now prepared to make decisions about who leads them. Sani, a former representative of Kaduna central Senatorial District in the Bukola Saraki-led 8th Assembly,…

State governments, which sued the Federal Government on the naira redesign policy, have given the Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, and the Central Bank of Nigeria Governor, Godwin Emefiele, till Tuesday to comply with the order of the Supreme Court on the currency. The state governments threatened to file contempt charges against the two top officials on Tuesday should they fail to obey the apex court which ordered that the old N1,000, N500 and N200 should be in circulation alongside the new notes till December 31, 2023. Over one week after the court handed…

Manchester United survived Casemiro’s early red card and an impressive display by rock-bottom Southampton as a pulsating Old Trafford encounter ended goalless. Erik ten Hag stressed the need for his side to be at their best as the Red Devils returned to Premier League duty for the first time since last weekend’s historic 7-0 shellacking at rivals Liverpool. United showed impressive character to bounce back and beat Real Betis on Thursday and again produced a display of strength to draw 0-0 with Southampton after Casemiro’s second sending-off of the season. The Brazil international looked gutted when referee Anthony Taylor brandished…

Arsenal restored their five-point advantage at the top of the Premier League in outstanding fashion with a ruthless victory at Fulham. The Win Was Arteta’s 100th For Arsenal With 168 games in charge as head coach across four seasons. Mikel Arteta’s side responded to Manchester City’s narrow victory at Crystal Palace on Saturday night by wrapping up this win by half-time as they opened up a 3-0 lead with a devastating attacking display. Gabriel Martinelli had already had a goal narrowly ruled out for offside by the Video Assistant Referee (VAR), before defender Gabriel headed in Leandro Trossard’s corner after…