PREMIUM TIMES asked some Abuja residents on their reaction to this recent development, of which they expressed their support.
Among Nigeria’s numerous national challenges, which do you think the next president should focus on first?Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.
For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour. By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Come up with strategy to stop naira depreciation, Edwin Clark advises CBNEdwin Clark, convener of PANDEF, says the Central Bank of Nigeria (CBN) should come up with measures to mitigate naira depreciation...
Read more »
New naira: Rich Nigerians deposit bales of cash in banksDays after the Central Bank of Nigeria announced the redesign of the N1,000, N500 and N200 notes, with a directive that the current notes be remitted to the commercial banks, wealthy individuals and organisations with huge cash stashed away have begun depositing them, Saturday PUNCH can report.
Read more »
Newspaper Headlines: Rich Nigerians deposit stashed cash in banks amid naira redesign | TheCableReports on the interim forfeiture of some properties belonging to Ike Ekweremadu, former deputy senate president, dominated the cover pages of Nigerian newspapers.
Read more »
Three Nigerian Governors Hoarded Billions Of Naira In Houses, Moving To Quickly Pay Salaries With Stashed Cash Before Issuance Of New Notes –Anti-Graft Agency, EFCC | Sahara ReportersThe Economic and Financial Crimes Commission (EFCC), has said it is monitoring at least three serving governors who hoarded billions of naira in various houses. The development follows the announcement by the Central Bank of Nigeria (CBN) that it will redesign some naira notes. The CBN Governor, Godwin Emefiele, said the new design and issues will be effective from December 2022.
Read more »
Obaseki dismisses CBN’s planned naira redesign as political | The Guardian Nigeria News - Nigeria and World NewsAnnounces pact with China to boost investment Edo State Governor, Godwin Obaseki, has described the proposed plan by the Central Bank of Nigeria (CBN) to redesign naira notes as political, noting that the move is a ploy by the All Progressives Congress-led government to sway voters ahead of the 2023 general elections. Obaseki stated this, […]
Read more »
Naira redesign: 3 governors under our radar over stashed cash – EFCC chairIn an exclusive interview with this paper yesterday, the EFFCC chairman disclosed that some governors are all out devising means to launder money they stashed in houses. He said so far, they are closely monitoring three of them.
Read more »