500k Maximum; CBN Direct Banks To Collect Old N500, N100 Note.
Photo credit: The Cable
The Central Bank of Nigeria (CBN) has directed banks to collect the old N500 and N1,000 notes from members of the public.
It, however, pegged the maximum amount the banks can collect at N500,000.
Osita Nwanisobi, director of the apex bank’s corporate communications, confirmed the development to TheCable on Friday, saying “It’s just for amounts N500,000 and below.
Ortom endorses Obi as rift with Akume deepens.
Photo credit: The Cable
Samuel Ortom, governor of Benue, has endorsed Peter Obi, the presidential candidate of the Labour Party (LP), ahead of the forthcoming election.
Ortom, a member of the Peoples Democratic Party (PDP), announced the endorsement on Thursday at a town hall meeting in Makurdi, the state capital.
The governor cited the failure of the PDP and the ruling All Progressives Congress (APC) to cater to Nigerians as the reason for his supporting Obi.
“This is not about party. I am not in Labour Party, but I am working for Peter Obi. Peter Obi will make sure that we sleep with our two eyes closed. These unnecessary killings that are going on in our country will stop,” Ortom said.
Don’t Vote For Tinubu, Peter Obi They Are Running On ‘Emi Lo Kan’ – Dumebi Kachikwu.
Photo credit: Independent Nigeria
Ahead of the 2023 general elections, the Presidential Candidate of the African Democratic Congress (ADC), Dumebi Kachikwu has hinted that the presidential candidates of All Progressives Congress (APC) Asiwaju Bola Tinubu and his counterpart form the Labour Parry (LP) Peter Obi are running on the platform of ‘Emi lo kan’ and Nigerians should not vote for them as they will further ruin Nigeria.
He added both candidates are running on this divisive and destructive platform of tribe, tongue and religion should never be supported to emerge as President of Nigeria.
New naira: El-Rufai’s comment treasonable, says Datti Baba-Ahmed.
Photo credit: Punchng
The vice presidential candidate of the Labour Party, Datti Baba-Ahmed, has said comments made by the Governor of Kaduna State, Nasir El-Rufai, on the naira redesign policy following the nationwide broadcast of the President, Major General Muhammadu Buhari (retd., are treasonable.
El-Rufai in a state broadcast on Thursday faulted the President on his directive to re-introduce just the old N200 banknote as part of measures to curb the cash crunch in the country.
El-Rufai, who said the old N1,000 and N500 are still legal tenders in his state, stated that the aim of the naira redesign is to scuttle the general elections in order to allow an interim government led by a retired army general.
However, speaking during a press conference in Abuja on Friday, according to Channels Television, the LP vice presidential candidate said the governor’s comment, amounts to treason and wondered why the presidency is silent.
Photo credit: Google
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