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By NAN Nigerians are yet to access the new and old Naira notes days after the Supreme Court order reverting the Central Bank of Nigeria (CBN) directive to stop its use as legal tender from Feb. 10. The News Agency of Nigeria (NAN) reports that Deposit Money Banks (DMBs) in Abuja have yet to show…
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The Supreme Court of Nigeria today Friday, nullified the ban on use of the old N200, N500 and N1000 banknotes as legal tenders in the country. The apex court, in a unanimous decision by a seven-member panel of Justices, held that the old banknotes should remain valid legal tenders until December 31. It held that…
Read More “Old Naira Notes Remain Legal Tender Till Dec 31
– Supreme Court Rules” »
Kwara State Governor AbdulRahman AbdulRazaq on Thursday 23rd February 2023 performed the official groundbreaking ceremony of the construction of the multi-storey and multi-purpose Kwara Revenue House in Ilorin to accommodate all staff of KW-IRS in a single building, aside the Tax Offices in the State Capital and across the State. Represented by his deputy, Mr….
Read More “ABDULRAZAQ FLAGS-OFF CONSTRUCTION OF MULTI-STOREY KWARA REVENUE HOUSE” »
• Gov urges calm as FG tackles naira redesign issue• Your support for us started since 2020: artisans Kwara State Governor AbdulRahman AbdulRazaq has presented cheques totalling N267m to different artisan groups — a fulfilment of the administration’s pledge to give palliatives to various vulnerable groups that have been hard hit by the naira redesign…
Read More “Kwara govt supports artisans with N265m palliatives to ease currency, fuel crisis” »
•Charges Heads of Tertiary institutions on improved Teaching methodology for effective Service delivery The Kwara State has approved the release of the sum of One hundred and twenty million naira (NGN120,000,000.00) as bail- out funds to four (4) State-owned Tertiary Institutions – The three (3) Colleges of Education and the College of Arabic and Islamic…
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Kaduna State Governor Nasir El-Rufai has explained why he refused to accept the fresh resolutions proposed by the Federal Government on the naira redesign policy. The FG proposed fresh conditions on the naira redesign policy, including a new deadline of April 10 for the old notes. A top government official had also said the resolutions…
• Says we are in this together Kwara State Governor AbdulRahman AbdulRazaq has sympathised with the people of the state on the continuous scarcity of the naira as a result of the recent CBN’s currency redesign policy. In a statement on Wednesday, the Governor appealed to the people of the state to remain calm and…
Read More “Naira redesign: please remain calm, AbdulRazaq urges Kwarans” »
The Naira on Thursday exchanged at 461.17 to the dollar at the Investors and Exporters window. The figure represented an appreciation of 0.07 per cent compared to the 461.50 it exchange rate on Wednesday. The open market indicative rate closed at N461.50 to the dollar on Thursday. An exchange rate of N462 to the US…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members to suspend all operations across the country. In a statement signed on Tuesday by Mohammed Kuluwu, chairman, IPMAN, the marketers were also ordered to suspend payment for, or ordering of products from source until further notice. The association said the decision followed, “the…
Read More “JUST IN: IPMAN Directs Members To Shut All FUEL Filling Stations” »
Kwara State Governor AbdulRahman AbdulRazaq has called for more supply of the new naira notes to the citizens to ease things for the masses and stabilize the currency swap policy. Speaking during a courtesy meeting with the CBN Consumer Protection Department in Ilorin led by Mrs Rashidat Jumoke Monguno, the Governor called for calm while…
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