October 25, 2024

Central Bank of Nigeria clarifies validity of old Naira notes

The Central Bank of Nigeria (CBN) has reaffirmed that the old series of N200, N500, and N1,000 banknotes will remain valid indefinitely, contrary to claims that they would cease to be legal tender by December 31, 2024. This clarification comes after speculation and concern in the media over the validity of old naira notes. The […]

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Binance executive, Tigran Gambaryan released from Nigerian detention after eight months

Tigran Gambaryan, Binance’s Head of Financial Crime Compliance, has been released from detention in Nigeria after eight months. The world’s largest cryptocurrency exchange confirmed his release, stating that Gambaryan was allowed to leave Kuje prison due to his deteriorating health condition. A Federal High Court in Abuja dismissed the money laundering charges against him, citing

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President Bola Tinubu seeks Senate’s confirmation of seven new ministerial nominees

President Bola Tinubu has requested the Senate’s confirmation of seven new ministerial nominees to replace the five ministers he sacked on Wednesday. The sacked ministers include Uju-Ken Ohanenye (Women Affairs), Lola Ade-John (Tourism), Prof Tahir Mamman (Education), Abdullahi Muhammad Gwarzo (State, Housing and Urban Development), and Jamila Bio Ibrahim (Youth Development). The President’s request was

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Sanwo-Olu to lead APC’s campaign council for Ondo election

The All Progressives Congress (APC) has formed a 305-member campaign council to drive its campaign for the upcoming Ondo State governorship election, with Lagos State Governor, Babajide Sanwo-Olu, as chairman. The election is scheduled to take place on November 16. Sanwo-Olu will leverage his leadership experience in Lagos to guide the campaign’s activities and winning

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Kanayo O. Kanayo questions Federal Government over military presence in South-East

Veteran Nollywood actor, Kanayo O. Kanayo, has expressed concerns about the heavy military and police presence in the South-Eastern part of Nigeria. In a video posted on his Instagram page, Kanayo highlighted the humiliation faced by travelers in the region, comparing it to his own experience traveling from Ibadan to Lagos without encountering any checkpoints.

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