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At least three banks were torched on Monday as protest over scarcity of new naira notes rocked the Sagamu area of Ogun State. The police spokesperson in the state, Abimbola Oyeyemi, confirmed the development in a telephone chat with Channels Television.   According to him, Union Bank, First Bank and Keystone Bank branches were attacked […]

Justice Chukwujekwu Aneke of the Federal High Court, Lagos, has barred the Independent National Electoral Commission (INEC) from engaging the services of Chairman of the Lagos Parks and Garages, Musliu Akinsanya, popularly known as MC Oluomo, to distribute election materials in Lagos.   Aneke made the order following a suit instituted by the Labour Party […]

President Muhammadu Buhari, Sunday sent a message home from Addis Ababa, saying he is fully aware of hardship some policies of government, “which are meant to bring overall improvement to the country” had caused and appealed for further patience as the government takes appropriate measures to ease them.   In a video recording to shore […]

The Independent National Electoral Commission (INEC) has disclosed that it would, this week, convene an emergency security meeting with relevant security agencies to deliberate on the escalating spate of protests across the country few days to the conduct of the presidential and National Assembly elections scheduled for Saturday.   Although the commission did not reveal […]

Ten states have asked the Supreme Court to set aside the pronouncement of President Muhammadu Buhari banning old N500 and N1,000 notes. The governors, in Suit No SC/CV/162/2023, filed on Friday by their counsel, A.J. Owonikoko (SAN), want the apex court to declare the President’s directives in his Thursday’s broadcast as unconstitutional.   The plaintiffs […]Read More

Deposit Money Banks this morning continued to collect old N500 and N1,000 notes from customers.   This is contrary to a statement by the Central Bank of Nigeria, that it did not direct banks to collect the old N5,00 and N1,000 notes from customers.   The banks, that are collecting the old notes include GTB, […]

….Insist that elections  will hold.   Joseph Goebbels, the propaganda Chief of Adolf Hitler said ‘‘Repeat a lie often enough and it becomes the truth’’. This was in the 1930s, before the internet was birthed.   Let us clearly, specifically and emphatically state that there is absolutely no truth to the claim that President Muhammadu […]

The Presidency Friday said there was no truth to the claim that President Muhammadu Buhari was working towards the truncation of democracy through the installation of an interim government.   The Senior Special Assistant to the President on Media and Publicity, Malam Garba Shehu, said this in a statement titled “Stop the Joke about Interim […]

  The Central Bank of Nigeria (CBN) has denied reports making the rounds that it has authorized deposit money banks to collect the old N500 and N1,000 banknotes. In a statement by CBN’s Director of Corporate Communications Osita Nwanisobi on Friday, the apex bank said the apex is only reissuing and recirculating the old N200 […]

APC chieftain and diminutive Governor of Kaduna State, Malam Nasir El-Rufai, made a state-wide broadcast Thursday night on the naira redesign titled, Let us stand up strongly for democracy, peace and national unity.   Full text of his speech is reproduced below;   My dear people of Kaduna State,   1. With just about 100 […]

www.www.aso.rocks search engine understands that  Nigeria ruling Party,All Peoples Congress(APC) is divided on the Naira redesign policy of the CBN.While Adams Oshiomole, former chairman  of the party, Wednesday, mobilized  people in  Edo State to engage in protest that resulted in the killing  of 4 protesters ,including a pregnant woman. His fellow party man,Governor Nasir El-Rufai of […]Read More

…old N500 and N1,000 banknotes are no longer legal tender in Nigeria   President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to release old N200 notes into circulation to co-exist with new N200, N500 and N1,000 banknotes for 60 days. He, however, said old N500 and N1,000 banknotes are no longer legal […]