Breaking News! The Central Bank of Nigeria (CBN) Extends Deadline For Exchange Of The Naira

The Central Bank of Nigeria (CBN) has eventually extended the deadline for the exchange of old naira notes at commercial banks by 10 days.

Godwin Emefiele, the CBN governor, said the new deadline is February 10, 2023, he described as it as “grace period."

This was made known via a press statement issued on Sunday,

Therefore, Nigerians will still be able to deposit their old notes directly with the CBN until February 17, 2023

Nigerians are having a difficult time due to the inability to swap their old notes for the new designs as the January 31 deadline approaches.

Comments

Attack On Atiku Abubakar's Campaign Convoy In Maiduguri

The People’s Democratic Party (PDP) and the All Progressives Congress (APC) are trading blame over an attack on the campaign convoy of presidential candidate of the PDP, former Vice President Atiku Abubakar, in Maiduguri. According to ThisDay News, the spokesman of the People’s Democratic Party (PDP)’s Presidential Campaign Team, Dino Melaye alleged that at least 74 persons were hospitalised while several vehicles were vandalised as hoodlums attacked the attacked the campaig convoy of Atiku Wednesday. Melaye, made the allegation during the party’s campaign rally in Maiduguri, accusing the All Progressives Congress (APC) of trying to stop PDP’s campaign in the state by deploying thugs to attack them. He said: “They deployed their thugs to attack our convoys with stones, sticks, matchets as we left the Shehu’s Palace to come to the Ramat Square, all in an attempt to stop our rally.” He lamented that the thugs were deployed in many strategic locations to attack the PDP su...

In The Spotlight-N250m donation: Davido releases list of 292 beneficiaries

The list of 292 orphanages that benefited from his donation of N250 million, has been released by Nigerian singer, David Adeleke, popularly known as Davido. Davido had sent out a video message to his friends and colleagues in the entertainment industry to send money to him as part of his birthday celebration in November 2021. After the shout out to his friends, the DMW label boss was able to amass over N100 million, in a few hours. This amount later grew to N200million in a few days. Davido then added a personal donation of N50 million to make it N250 million. Davido declared that he was giving the money to charity. He said that he would set up a committee to ensure the disbursement of the money to orphanages across the country. Guess what, Davido has now revealed that the money had been disbursed to 292 homes selected from all the states of the federation. This information was contained in a statement signed by the multi-award winning singer on Tuesday. The statement reads, “As p...

NDLEA-Suspended Head Of The Inspector-General Of Police (IGP) Intelligence Response Team (IRT), DCP Abba Kyari, Ran A Drug Syndicate.

The National Drug Law Enforcement Agency (NDLEA) has disclosed how the suspended head of the Inspector-General of Police (IGP) Intelligence Response Team (IRT), DCP Abba Kyari, ran a drug syndicate. The NDLEA had earlier declared him wanted for drug trafficking. The NDLEA said an investigation revealed that the celebrated cop is a member of a drug syndicate operating across the globe. According to the spokesman of the agency, Mr Femi Babafemi, the saga started on Friday, January 21, 2022, when DCP Kyari initiated a call to one of the NDLEA officers in Abuja at 2:12 pm. He said when the officer returned the call two minutes later, Kyari informed him he was coming to see him, to discuss an operational matter after the Jumaat (weekly Friday prayer) service. Babafemi said, “He (Kyari) appeared at the agreed venue of the meeting with the officer and went straight to the crux of the matter. “His (NDLEA officer’s) team had intercepted and arrested some traffickers that came into the country f...

Welcome To Echo Blog

Search This Blog