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The Central Bank of Nigeria, on Thursday, admitted that the ongoing scarcity associated with the naira redesign and cash withdrawal policy was not anticipated. This came amid numerous protests and attacks on banks by angry Nigerians due to the inability to access cash for their regular transactions. A Deputy Governor…
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The regulatory agency for universities in Nigeria, the National Universities Commission has ordered the closure of universities across the country to enable students to participate in the 2023 general elections, The PUNCH reports. In a letter addressed to vice-chancellors of all universities and directors of inter-university centres, the NUC noted…
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The implication of this ruling is that the old N200, N500 and N1000 notes remains valid after the February 10 deadline given by the CBN. The Supreme Court of Nigeria has restrained the Federal Government from implementing the February 10 Deadline of the old 200, 500 and 1000 naira notes…
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The All Progressives Congress Presidential Campaign Council in Osun State has accused the presidential candidate of the Peoples Democratic Party, Atiku Abubakar and that of the Labour Party, Mr Peter Obi, of planning to gain political profits from agony Nigerians are passing through over naira redesign policy. The Osun PCC…
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The Osun State chapters of the All Progressives Congress and the Peoples Democratic Party on Saturday traded accusations over the move by the state government to pay the arrears of modulated salaries owed civil servants in the state. The APC spokesperson, Kola Olabisi, in a statement titled, ‘Stop playing politics…
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Prof Mahmood Yakubu, Chairman of the Independent National Electoral Commission (INEC) has exonerated the Bimodal Voter Accreditation System (BVAS) of any blame in the mix-up that now pitch Osun State Governor Ademola Adeleke and former Governor Gboyega Oyetola stating however that the commission has taken away vital lessons from the…
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The Central Bank of Nigeria has finally extended the deadline for the exchange of old naira notes by 10 days. In a press statement issued on Sunday, Godwin Emefiele, the CBN governor, said the new deadline is February 10, 2023. More to follow…
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Speaker of the Osun State House of Assembly, Rt. Hon. Timothy Owoeye has congratulated the former Governor of Osun, Gboyega Oyetola on his victory at the Tribunal that declared him as the winner of the July 16, 2022 election. Owoeye reiterated that the All Progressives Congress APC is a party…
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The Osun State Governorship Election Petition Tribunal sitting in Osogbo has sacked Governor Ademola Adeleke as the duly elected governor of the state. The tribunal in a split document of two to one declared that the Independent National Electoral Commission, INEC, should withdraw the Certificate of Return issued to Adeleke…
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The Central Bank of Nigeria has insisted that there is no going back on the January 31 deadline for the old 200, 500 and 1,000 naira notes, as they will cease to be legal tender in the country. The CBN Governor, Godwin Emefiele reiterated the CBN’s stance after the apex…
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