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Naira crisis: Buhari addresses Nigerians on Thursday in nationwide broadcast

Daily Dispatch February 16, 2023

Barring a last-minute change in plan, President Muhammadu Buhari will address the nation on Thursday, February 16 in a state of the nation broadcast. The broadcast will be made at 7 am. Femi Adesina, Special Adviser to the President(Media & Publicity) made the disclosure in a late statement

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Breaking: Supreme Court adjourns case on CBN’s naira Swap policy till Feb 22

Daily Dispatch February 15, 2023

The Supreme Court of Nigeria has adjourned the case on the naira swap policy of the Central Bank of Nigeria (CBN) till Wednesday, February 22 for hearing of the consolidated suits by 10 states. The apex court, which heard the case on Wednesday, was filled to capacity with a retinue of Senior Advocates of Nigeria, […]

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FG, CBN still recognise old Naira notes — Presidency

Daily Dispatch February 15, 2023

The Presidency has dismissed as false the assertion that the Federal Government or the Central Bank of Nigeria had refused to recognise old N200, N500 and N1,000 notes as legal tender despite Supreme Court ruling. The Zamfara, Kaduna and Kogi States Government had approached the Supreme Court of Nigeria over the issue. They are seeking […]

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[Breaking] Naira Scarcity: INEC speaks on plans to postpone elections

Daily Dispatch February 14, 2023

The Independent National Electoral Commission (INEC) has debunked reports on social media that the Chairman of the commission, Prof. Mahmood Yakubu, has agreed to postpone the elections over the naira crisis rocking the country. The Presidential and National Assembly elections are fixed for February 25, while the Governorship and State assemblies polls is scheduled for

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Breaking: Old naira notes ceased to be legal tender since Friday – CBN

Daily Dispatch February 14, 2023

The Central Bank of Nigeria (CBN) has given a directive on the acceptance of old naira notes in the country. The apex bank in its latest statement claimed that the old N200, N500 and N1000 ceased to be legal tender on February 10, 2023. CBN stated this despite the Supreme Court restraining the apex bank from going ahead with the […]

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Elections: You’re being watched, Buhari tells IGP, service chiefs

Daily Dispatch February 13, 2023

President Muhammadu Buhari on Monday, told the leadership of the Nigeria Police Force and military chiefs that Nigerians and the global community are watching them, as they have high expectations of them to provide adequate security in ensuring peaceful conduct of the 2023 general election. Buhari, who spoke at the Force Headquarters, Louis Edet House, […]