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The Federal High Court sitting in Lagos, presided over by Justice Chukwujekwu Aneke on Thursday, February 1, 2024, convicted and sentenced one Oluwadarasimi Omoseyin, an actress, to six months imprisonment for spraying and stepping on the new Naira notes at a social event in Lagos. She was first arraigned on February 13, 2023, by the […]
Continue ReadingChairman of Nigeria’s Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa has disclosed that the anti-graft agency arrested a man with the sum of N30 million of the new naira notes. Bawa made the disclosure during an interview on ‘Your View’ programme on Television Continental (TVC). “Just yesterday, we arrested somebody with N30 million of […]
Continue ReadingNigerian President, Muhammadu Buhari has approved the continuous use of the old N200 as legal tender till April 10. The President made this known on Thursday morning during an address to Nigerians. See the full text below: My Dear Compatriots, I have found it necessary to address you today, on the state of the nation […]
Continue ReadingNigeria’s Federal High Court sitting in Ikoyi, Lagos, Nigeria and presided over by Justice Chukwujekwu Aneke, on Monday, February 13, ordered that Nigerian actress, Oluwadarasimi Omoseyin, who was arrested for tampering with the new Naira notes be remanded in Kirikiri prison custody pending the determination of her bail application. Omoseyin was arrested by operatives of […]
Continue ReadingOperatives of the Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC), have commenced an investigation of Oluwadarasimi Omoseyin, an actress and cosmetologist, for allegedly tampering with the redesigned Naira notes, an offence contrary to Section 21 (5) of the Central Bank of Nigeria (CBN) Act, 2007. A statement released by the agency […]
Continue ReadingIn a piece I wrote entitled “A o M’erin J’oba At Tinubu’s Colloquium” (1 April, 2018) I warned that the man who has now become the presidential candidate of the All Progressives Congress (APC), Bola Ahmed Tinubu, was making a strategic mistake in assuming that Buhari loved him. Or that he would probably want to […]
Continue ReadingOn Wednesday, Nigeria’s President, Maj. Gen Muhammadu Buhari (retd.), along with the governor of the Central Bank of Nigeria, Godwin Emefiele, and some other high-ranking public officials formally unveiled the re-designed N1,000, N500, and N200 notes. Such a gathering is, of course, expectedly full of festivity, bluster, and the regurgitation of the same vapid and […]
Continue Reading“My own brother!” “What’s up men? Have you gone to deposit all the N200, N500, N1,000 notes that you have at home in the banks so you can exchange them for new notes by the deadline of January 31.” “What is my business with depositing old notes in the banks? I don’t keep money at […]
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