LAGOS FEBRUARY 15TH (NEWSRANGERS)-The supreme court has adjourned the hearing of the case brought against the Central Bank of Nigeria (CBN) on the naira redesign policy to Wednesday, February 22. The supreme court said its order suspending the implementation of the February 10 deadline on the old naira notes still subsists. Ruling on an ex…
LAGOS FEBRUARY 15TH (NEWSRANGERS)-Petroleum marketers have called for the arrest of the Comptroller-General of the Nigeria Customs Service (NCS), Col. Hameed Ali (rtd), for flouting a judgement of the Federal High Court (FHC), Abeokuta, Ogun State, over arrest and auctioning of 24 petrol-laden tanker trucks as scraps. LEADERSHIP reports that Justice Shittu Abubakar of the…
LAGOS FEBRUARY 15TH (NEWSRANGERS)-Amid the chaos surrounding the currency swap, the Central Bank of Nigeria, CBN, has vow to arrest and prosecute any Point of Sale, POS, operator or payment agents found to be selling Naira notes in the guise of transaction charges, warning that it is an economic crime and an imprsonable offence. According…
LAGOS FEBRUARY 14TH (NEWSRANGERS)-A presidential candidate for the February 25 presidential election has been slammed for allegedly mopping up the scarce new naira notes and sharing to his supporters with a plan to induce voters during elections. Calling on voters to resist vote buying, top official of the Nigerian Security Printing And Minting (NSPM) told…
LAGOS FEBRUARY 12TH (NEWSRANGERS)-Oil marketers have threatened to close their filling stations in protest against the rejection of old naira notes by deposit money banks across the country. It was gathered that the banks issued circulars to some of the filling stations, urging them to stop accepting the old bills, as the DMBs would not…
LAGOS FEBRUARY 12TH (NEWSRANGERS)-Members of the Chartered Institute of Export and Commodity Brokers of Nigeria (CIECOBON) led by the President/Council Chairman, Dr. Ayobami Omotoso paid the Executive Secretary/Chief Executive Officer and Management of Nigerian Shipper’s Council, NSC, Rt. Hon. Emmanuel Jime, a courtesy visit at the NSC headquarters in Lagos recently. During the visit the…
LAGOS FEBRUARY 12TH (NEWSRANGERS)-A public policy think tank, the NEO AFRICANA CENTRE (NAC), has expressed concern over the tension in the country occasioned largely by the currency swap that has led to the ongoing cash that the people are experiencing. The Centre said that while it is worried about the scarcity of both the old…
LAGOS FEBRUARY 12TH (NEWSRANGERS)-A branch of the Guaranty Trust Bank in the Mararaba area of the Federal Capital Territory was reportedly engulfed in flames in the early hours of Friday, The PUNCH reports. The GTBank branch is located along the Nyanya and Mararaba Expressway before Abacha Road, Karu. Mararaba is a border town, between the…
