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.

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Big Brother, Pere Egbi - A Car Is Not An Investment

Big Brother Naija reality show star, Pere Egbi, has explained that he doesn’t own a car because it isn’t an investment. Pere Egbi He berated those who squander their money on exotic cars, stressing that landed properties and businesses are assets but not cars. Speaking in the latest episode of the Spill With Phyna podcast, Pere said, “Car no be investment. A house is an asset, a business is an asset. Using all your savings to buy cars is unnecessary. Right now, I don’t own a car. I used to drive a brand new lexus LS570 but I sold it because I needed to put the money into my film. It’s an investment. At the end of the day, I made more that from the film.” What do you think of Pere's mindset on acquiring cars?

APC Consensus Candidate: Uncertainty, Buhari, Governors, NWC, Show No Support For Adamu over Ahmad Lawan

Is the President of the Senate, Senator Ahmad Lawan the consensus candidate of the All Progressives Congress (APC) ahead of its special convention and presidential primary election? "No!" The All Progressives Congress Party (APC), refuted endorsing Ahmad Lawan The party said it aligns with the position of 13 of its governors from the North who have insisted on a power shift to the South. The Tinubu Campaign Organization described Adamu’s unilateral declaration as illegal, saying there are conditions precedent for any consensus arrangement to be legal. This according to the Vanguard news report; "The governors are angry because they had already taken a position and have also restated their position after wide consultations. Adamu took a unilateral decision which of course has been rejected by the NWC. So, the governors are meeting the NWC to formally convey their own position to the committee having earlier conveyed same to Mr President”, said a source close to one of ...

Major Hamza Al Mustapha-Boko Haram Will Cease In Six Months, As President

Major Hamza Al Mustapha, a former Chief Security Officer to late military Head of State General Sani Abacha is a presidential aspirant under the platform of Action Alliance, AA. Al Mustapha in an interview with the Hausa Service of the British Broadcasting Corporation (BBC), said that if he becomes the President of Nigeria, the Boko Haram insurgency will end within six months. "I swear if it is not possible to defeat terrorists in six months, I will demote all these senior officers and send them home, they will be prosecuted and must return the money given to them because I will probe them. “If I become the President I will live in Sambisa, I will stay there during weekends, and holidays and see if anything will touch me,” he said.

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