LAGOS FEBRUARY 8TH (NEWSRNAGERS)-The Coalition of Civil Society Organisations (CSOs) of Nigeria has said that the Supreme Court ruling of Wednesday stopping the February 10 deadline for the validity of three old naira notes is designed to enable corrupt politicians to share old N200, N500 and N1,000 notes during the February 25 and March 11…
LAGOS FEBRUARY 8TH (NEWSRANGERS)-As the naira scarcity persists, some banks are shutting their branches over rising customer attacks, according to findings by The PUNCH. This came a day after the Lagos State Police Command issued a warning that some groups were planning to unleash violence in the state due to the naira scarcity. The PUNCH…
LAGOS FEBRUARY 8TH (NEWSRANGERS)-The Supreme Court Wednesday ordered the Central Bank of Nigeria (CBN) not to end the use of old naira notes on 10 February. The News Agency of Nigeria (NAN) reports that a seven-member panel of the court, led by John Okoro, gave the order of interim injunction amid acute scarcity of newly…
LAGOS FEBRUARY 8TH (NEWSRANGERS)-The managing director of the Yobe Micro Finance Bank, Sheriff Almuhajir, has alleged that the sum of N4.3 billion approved by the Central Bank of Nigeria, CBN, for banks in Yobe State has been diverted elsewhere. Mr Almuhajir made the claim in a video posted on his Facebook page on Tuesday. “My people…