Tag: Naira Scarcity
-
Nigerians groan as banks, PoS operators trade blame over cash scarcity
Some residents of Ibadan have decried the persistent cash scarcity, even asamidst banks and Point of Sales (PoS) operators are trading blames over the situation. Describing their experiences in separate interviews in Ibadan on Sunday, the residents said not so much had changed from what the situation was the last yuletide.
-
“We are investigating incitement by governors over naira scarcity” – IGP
Police are investigating some governors and individuals whose utterances are considered to have incited riots over the naira redesign policy of the CBN. Inspector-General of Police, Mr. Usman Alkali, made this known in Abuja on Wednesday
-
![[Just In] Naira swap: Supreme Court adjourns judgement to March 3](https://thenewsguru.ng/wp-content/uploads/2023/02/Supreme-Court.jpeg)
[Just In] Naira swap: Supreme Court adjourns judgement to March 3
The Supreme Court has adjourned judgement in the new naira policy suit to March 3, 2023. The court, which heard the case on Wednesday, was filled to capacity with a retinue of Senior Advocates of Nigeria and other lawyers. The Court had temporarily banned the implementation of the February 10 deadline of the CBN from…
-
Naira Crisis: Ganduje begins distribution of palliatives
Gov. Abdullahi Ganduje of Kano State on Monday began distribution of palliatives to residents of the state to douse the effects of naira notes scarcity. Ganduje, who spoke during the distribution of palliatives at the Government House, said:”we didn’t invite this situation, neither did we pray for it. ”We don’t welcome it at all. We…
-
APC trying to tarnish my image – Ogun PDP candidate, Bola Oluwole
Bola Oluwole, House of Representative candidate under the umbrella of the Peoples Democratic Party, Remo constituency has explained that he didn’t have a hand in the crisis that rocked Sagamu few days ago over cash scarcity.
-
Naira Scarcity: CBN policy specially designed to target Tinubu – Kachukwu
The presidential candidate of the African Democratic Congress (ADC)Dumebi Kachikwu has revealed that the Central Bank of Nigeria (CBN) naira redesign policy was specially designed to target the presidential flagbearer of the All Progressives Congress, APC, Sen Bola Tinubu.
-
NAIRA SCARCITY: Paul Okoye groans over purchase of 40k with 70k
Paul Okoye, a member of the previously defunct music group, P-Square has taken to social media to lament about the Naira scarcity, after the purchase of 40k with 70k. The Naira scarcity has been plaguing Nigerians for a couple of weeks now, following the introduction of the new notes. Taking to his Instagram story, Paul…
-
Naira scarcity: Zulum directs Govt hospitals to give patients free drugs
Gov. Babagana Zulum of Borno has directed the release of drugs worth N300 million and other medical supplies to government hospitals for free distribution to patients most of whom were facing difficulties in making payments due to scarcity of new and old naira notes. The Commissioner for Health and Human Services, Prof. Mohammed Arab, made…
-
Cash crunch: Watch moment protesters barricaded CBN in Benin (Video)
Trending right now in social media networks is a video clip showing how protesters barricading the CBN in Benin over cash crunch in Nigeria. TheNewsGuru.com, (TNG) reports this development ensued after enraged customers set up two banks earlier in Benin City capital of Edo state. The CBN policy banning the use of the old naira…
-
New Notes: Anxiety as Supreme court resume hearing of APC Governors, FG today
Following the growing Naira shortage bedeviling the country owing to the introduced new notes that are scarce and not properly circulated, the Supreme court today (Wednesday) will resume the legal fireworks between the three northern States controlled by the All Progressives Congress, APC, (Zamfara, Kaduna and Kogi) and the federal government.