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Fuel/Naira Crises: Stop Attacking Our Workers, Infrastructure, IBEDC Appeals To Protesters

February 23, 2023 Omoniyi Osadare 0

The Ibadan Electricity Distribution Company (IBEDC), yesterday, called on those protesting fuel and currency scarcity to desist from attacking its workers and facilities. This was contained in a statement signed by the Managing Director of […]

News

2023 Election: IGP Orders Restriction of Movement Nationwide On Election Day

February 23, 2023 Omoniyi Osadare 0

The Inspector-General of Police, IGP Usman Alkali Baba, has ordered a restriction of all forms of vehicular movement on roads, waterways, and other forms of transportation, from 12 am to 6 pm on election day […]

News

Again, S’Court Defers Ruling On Naira Redesign To After Election

February 23, 2023 Omoniyi Osadare 0

The Supreme Court, yesterday, said it will deliver judgment in the suit challenging the naira redesign policy of the Central Bank of Nigeria (CBN) on March 3, effectively extending the stalemate to after Saturday’s presidential […]

News

Meta Announces Verification Subscription Service For Facebook, Instagram Users

February 20, 2023 Omoniyi Osadare 0

By Biodun Busari The parent company of Facebook and Instagram, Meta has announced a new paid subscription for its platforms, which among other features, would allow users to pay for a verified account. Meta’s Chief […]

News

US Charges 18 Nigerian Nurses With Certificate Forgery

February 20, 2023 Omoniyi Osadare 0

The United States of America has filed charges against at least 18 Nigerian nurses for allegedly fraudulently obtaining educational credentials, PREMIUM TIMES can report. The Texas Board of Nursing charged the health workers at the […]

News

BREAKING: Court Bars INEC Using MC Oluomo To Distribute Election Materials

February 20, 2023 Omoniyi Osadare 0

Justice Chukwujekwu Aneke of the Federal High Court, Lagos, has granted the prayer of the Labour Party, LP, seeking an order to bar the Independent National Electoral Commission, INEC, from using the chairman of the […]

News

FG Using CBN Naira Policy To Go After Criminals – Ezekwesili

February 20, 2023 Omoniyi Osadare 0

A former Vice President of the World Bank, Oby Ezekwesili, has expressed concerns about the naira redesign policy of the Central Bank of Nigeria. During an interview on Channels TV on Sunday, Mrs Ezekwesili wondered […]

News

EFCC Boss, Bawa Must Go To Jail, CSOs Tell IGP

February 18, 2023 Omoniyi Osadare 0

More than 120 front-line Anti-corruption Civil Society Organisations, on Friday, held a massive town hall meeting, in Lagos, to round off their week-long protest against what they called “Politicisation of the Economic and Financial Crimes […]

News

PremiumTimes EXCLUSIVE: UN Raises Four Major Concerns About Nigeria’s Forthcoming Elections

February 18, 2023 Omoniyi Osadare 0

The United Nations office in Nigeria has outlined a number of concerns in the build-up to Nigeria’s general elections on 25 February and 11 March. Nigeria will hold presidential and federal legislative elections on 25 […]

News

Naira Exchanges N461.25 To Dollar At Investors, Exporters Window

February 18, 2023 Omoniyi Osadare 0

The Naira on Friday exchanged at N461.25 to the dollar at the Investors and Exporters window. The figure represented a slight increase by 0.16 per cent compared with the N462 it exchanged on Thursday. The […]

News

PDP Condemns Attack On Its Party Chieftain By thugs in Ebonyi

February 18, 2023 Omoniyi Osadare 0

The Peoples Democratic Party (PDP) Campaign Council, Ebonyi State chapter, has condemned the unwarranted and heinous attack on the country home of its party chieftain, Mr Boniface Ofoke, at Edukwu Achi in Izzi Local Government […]

Issues/Policy

Confusion As CBN, Banks Issue Conflicting Directives

February 18, 2023 Omoniyi Osadare 0

Nigeria’s banking public was yesterday thrown into confusion following a directive by commercial banks that their customers could deposit the old N1000 and N500 notes with them and a rebuttal by the Central Bank of […]

News

German Airport Websites Hit By Cyberattacks

February 16, 2023 Omoniyi Osadare 0

Several German airports said on Thursday their websites were down due to suspected cyberattacks, the latest instance of online sabotage in the country. Airports in Duesseldorf, Nuremberg and Dortmund said they were affected, while at […]

News

Buhari Orders CBN To Release Old ₦‎200 To Coexist With New Naira Notes | Guardian (NG)

February 16, 2023 Omoniyi Osadare 0

Nigeria President Muhammadu Buhari on Thursday ordered the Central Bank of Nigeria (CBN) to allow the old 200 naira notes and redesigned 200, 500 and 1000 naira notes to coexist. Buhari gave the directive to […]

News

UPDATED: In Direct Affront To Supreme Court, Buhari Insists Old N500, N1,000 Notes No Longer Valid

February 16, 2023 Omoniyi Osadare 0

A week after the Supreme Court ordered the Nigerian government to allow the continued use of old N200, N500 and N1,000 notes, President Muhammadu Buhari has countered that order. The Nigerian leader, in a national […]

News

Full Text of The National Broadcast By President Muhammadu Buhari On The Challenges of The Currency Swap

February 16, 2023 Omoniyi Osadare 0

My Dear Compatriots, ​I have found it necessary to address you today, on the state of the nation and to render account on the efforts of our administration to sustain and strengthen our economy, enhance […]

News

New Naira: FG, CBN Will Act After Supreme Court Ruling – Presidency

February 15, 2023 Omoniyi Osadare 0

The Supreme Court sitting in Abuja on Wednesday adjourned a hearing in the suit banning the use of the old naira to Wednesday, 22nd February 2023. The three states filed the suit against the Federal […]

News

BREAKING: Nigeria’s Annual Inflation Hits 21.82% Amid Cash Crunch

February 15, 2023 Omoniyi Osadare 0

Amid the uncertainties being faced by Nigerians due to the scarcity of the redesigned Naira notes, the nation’s annual inflation rate rose in January after recording a fall in December. Inflation rose to 21.82 per […]

News

Supreme Court Adjourns Suit On Old, New Naira Notes

February 15, 2023 Omoniyi Osadare 0

The Supreme Court has adjourned the suit filed by state governments to challenge the naira redesign policy of the Central Bank of Nigeria (CBN). The Supreme Court adjourned the case till Wednesday, February 22 for […]

News

Naira Deadline: Banks, Fuel Stations Reject Old Notes, Ignore S’Court Order

February 14, 2023 Omoniyi Osadare 0

Some commercial banks and filling stations have stopped collecting the old naira notes from customers, contrary to the ruling of the Supreme Court restraining the Federal Government from enforcing the February 10 time limit earlier […]

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