News
New Deadline Set for Elimination of Old Naira Notes
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.
It has been reported that Bola Ahmed Tinubu was absent at the commissioning of the Opebi-Mende Link Bridge, which took place on April 8, 2026.
However, Senate President Godswill Akpabio represented the President and carried out the ceremony.
As he commissioned the project, he stated “On behalf of President Bola Ahmed Tinubu, I commission these projects.”
Residents of Lagos should prepare for traffic disruptions as several roads will be closed due to the visit of Bola Ahmed Tinubu, who is set to commission infrastructural projects.
The commissioning will take place on April 8 and 9, 2026.
Affected areas on Wednesday (April 8):
Opebi, Allen Avenue, Ikeja, Ojota, and Victoria Island.
Affected areas on Thursday (April 9):
Lekki-Epe Expressway, Ikoyi, Victoria Island, and Ajegunle.
Motorists are advised to plan alternative routes and expect heavy traffic during these periods.
President Donald Trump makes headline as he threatens Iran on social media.
The president shared “Open the F***ing Strait, you crazy bastards, or you’ll be living in Hell — JUST WATCH!”
It can be noted that he even did a countdown on Saturday “48 hours before all Hell will rain down on them,” he warned Saturday. “Time is running out.”
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