Connect with us

News

New Deadline Set for Elimination of Old Naira Notes

Published

on


The House of Representatives has informed Central bank of Nigeria (CBN) to start eliminate old naira notes and to introduce the new N200, N500 and N1000 notes. They urge CBN to give to instruct banks to only make use of the new notes for transactions in order to prevent the circulation of old notes. This decision was passed after a motion by Mr Victor Ogene.

The CBN firstly introduced the new notes in 2022 October but faced criticism from Nigerian as there was queues and scarcity of the new notes. The Supreme Court has now set a deadline of December 31, 2024 after which the old notes will no longer be accepted anywhere. The House has referred the matter to its Committee on Banking Regulations for further action.


 

News

Man Found Alive Nearly Two Weeks After Balogun Market Fire Incident

Published

on


An update has been shared on the burnt building at Balogun Market on Lagos Island, as it was revealed that a man was rescued 11 days after the building caught fire.

According to reports, the man was found alive on January 6, 2026, after being discovered under the rubble of the collapsed structure.

The survivor has since been taken for proper medical care, while further details are yet to be released.

Meanwhile, passersby and market traders have expressed concern, fearing that more people may still be trapped alive inside the building.


Continue Reading

News

Anthony Joshua Discharged from Hospital After Fatal Car Crash

Published

on


It has been reported that Anthony Joshua has officially been discharged from the hospital following the terrible car crash that claimed the lives of his two closest friends and supporters.

The boxing star was deemed stable enough to go home after the accident. After his discharge, he visited the funeral to pay his respects and see the bodies of his two friends.

Many have expressed grief and offered their support to the boxing star, praying that he will be able to find peace, as grief will undoubtedly be one of the most painful challenges he will face in life.


Continue Reading

News

‘Government Prioritizes Money More’ — PDP Calls Out FG On New Tax Law

Published

on


It has been shared that the Peoples Democratic Party (PDP) is calling on the federal government to suspend the tax law set to take effect on January 1, 2026.

This was revealed in a statement released by Ini Ememobong, National Publicity Secretary of the PDP. He stated that this new law shows how Nigerians and the masses will be affected, arguing that the government is prioritizing finance over security and other pressing matters.

“Rather than address these issues comprehensively, the Presidency has consciously minimized them and instead insisted that the commencement date must stand, despite the discrepancies,” the party said, adding that this “clearly shows where the priority of the government lies between Nigerians and money.”


Continue Reading

Trending