Tag: Naira Swap
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Naira swap mitigated ISWAP/Boko Haram activities in N/East – Army
The Theartre Commander, North East Joint Task Force, Operation Hadin Kai (OPHK), Maj.-Gen. Ibrahim Ali has said that the Naira swap and cashless policy of the Central Bank of Nigeria (CBN) mitigated violent extremism in the North East. He stated this while interacting with members of the Nigerian Union of Journalist (NUJ), Borno State
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NAIRA SWAP CRISIS: President Buhari to address Nigerians
President Muhammadu Buhari will make a national broadcast on Thursday, February 16, 2023 at 7am. This was disclosed by a statement issued by the Special Adviser to the President (Media & Publicity), Femi Adesina, late Wednesday night. He said Television, radio stations and other electronic media outlets are enjoined to hook up to the network…
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Naira swap/cashless policy may affect troops in the fields – NSA
The National Security Adviser (NSA) Maj.-Gen. Mohammed Monguno (rtd), has said that the change of currency and cashless policy of the Central Bank of Nigeria (CBN), if not well thought out, may affect operations of troops in the field. Monguno made the observation when he appeared before an Ad hoc Committee
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Old Notes: AGF asks Supreme Court to dismiss suit challenging February 10 deadline
The Attorney-General of the Federation (AGF), Abubakar Malami, has appealed to the Supreme court to dismiss the suit filed by three state governments challenging the naira redesign policy of the Central Bank of Nigeria (CBN).