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Tuesday, May 21, 2024

Today’s Headlines: Old Naira Will Be Phased Out Gradually – CBN, Tinubu Meets Adamu, Omisore

Old Naira Will Be Phased Out Gradually – CBN

Photo credit: the cable

The Central Bank of Nigeria (CBN) says plans to gradually phase out the old N200, N500, and N1,000 naira notes are ongoing, as new notes are still being issued.

Folashodun Shonubi, acting governor of the apex bank, spoke on Tuesday after the monetary policy committee (MPC) meeting at the CBN headquarters in Abuja.

In October 2022, Godwin Emefiele, former CBN governor, announced plans to redesign the N200, N500, and N1,000 naira bills.

(Photo credit: Google)

Tinubu Meets Adamu, Omisore

Photo credit: punch newspaper

President Bola Tinubu, on Tuesday, received in audience the immediate past National Chairman and Secretary of the governing All Progressives Congress, Senators Abdullahi Adamu and Iyiola Omisore, respectively, at the Aso Rock Presidential Villa, Abuja.

Tuesday’s meeting comes one week after Adamu and Omisore reportedly resigned their positions just days to the scheduled National Caucus and National Executive Council meetings earlier slated for Monday, July 18 and Tuesday, July 19, 2023, respectively.

At the time, Tinubu was away in Kenya for the Fifth Mid-Year Coordination Meeting of the African Union and have not met both former officials until today.

Anti-Islam Activists Burn Koran’s In Front Of Egyptian

Photo credit: Sahara reporters

Asmall group of anti-Islam activists set fire to Korans in front of the Egyptian and Turkish embassies in Copenhagen, capital of Denmark on Tuesday. 

This comes after similar protests in Denmark and Sweden over recent weeks that have enraged Muslims across the world. 

Denmark and Sweden have said they deplore the burning of the Islam’s holy book but cannot prevent it under rules protecting free speech. Last week, protesters in Iraq set the Swedish embassy in Baghdad ablaze.

PDP Raises Alarm Over Attempted Attack On Atiku

Photo credit: punch newspaper

The Peoples Democratic Party on Monday raises the alarm over what it called a foiled terrorist attack on its presidential candidate in the 2023 election, Atiku Abubakar at his Yola residence by gunmen now in the custody of the Nigerian Police, Adamawa State Command.

A man, Jubrila Mohammed, said to be a member of the Boko Haram sect was apprehended in the early hours of Sunday having confessed to the Police that he was in town with three others to attack organizations linked to Atiku Abubakar in Yola, the Adamawa State capital.

The party in a statement issued by its spokesman, Debo Ologunagba on Monday in Abuja, noted that “By the confession of the arrested assailants, the plot has the pawmarks of a sponsored attempt on the life of Atiku Abubakar, ostensibly by forces who are unsettled by his bid to retrieve his mandate at the Presidential Election Petition Court.”

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