Friday, May 3, 2024
More

    Latest Posts

    NDIC raises deposit insurance coverage level for banks nationwide

    The Nigeria Deposit Insurance Corporation has announced a revision of the Maximum Deposit Insurance Coverage for banks operating within the country.   At a media briefing...

    FCT police nab two for child-proof king 9

    Operatives of the Federal Capital Territory Police Command have arrested two female suspects, identified as Kulu Dogonyaro and Elizabeth Ojah for child trafficking.   They were...

    Kaduna Bombing: Military concludes investigation, indicts two officers

    The military has completed its investigation into the bombing of Tudun Biri village in Kaduna State, indicting two Nigerian Army officers. The officers will face...

    Davido vs WizKid; The Genesis of the ‘Frog voice’ and ‘Size 7 shoe n*gga’ feud

    Wizkid and Davido have set social media ablaze with fiery and confrontational jabs at each other.   X, formally known as Twitter, is the battleground for...

    New naira: Misguided elements against court judgement, says Matawalle

    The Zamfara State Governor, Bello Mattawalle, has described the comments trailing the decision of the Supreme Court to listen to and act on the demand of the governors on the Naira swap as mere political vendetta.

    Matawalle, who spoke through his Special Adviser on Media, Zailani Bappa, said he was fully convinced that those against the gov’s action and subsequent triumph at the court were either misguided or blinded by political chauvinism.

    Matawalle said, “I and my Kaduna and Kogi states counterparts found it necessary to approach the Supreme Court to save Nigeria’s economy from being plunged into more crisis”.

    “Our action will also relieve the excruciating pain the ordinary Nigerian is experiencing in the face of scarcity of both the old and new naira notes”.

    “It is common sense to say that the CBN and Commercial banks must make the new Naira notes available for day-to-day business transactions before the old naira notes are declared illegal.”

    However, the governor expressed his dismay that due to myopic political rivalry, some political parties and disgruntled politicians were challenging the decision of the apex court which was rightfully taken in the interest of the ordinary Nigerian and the survival of Nigeria’s micro-economy.

    “Matawalle believed that the decision of the Supreme Court Judges on this matter was the best way to address the current problem and its impending consequences at the moment.

    “At this critical time of our transition, it is only patriotic for all of us to put political considerations aside and address the challenges at hand so that together, we can cross the bridge ahead of us,” he added.

     

    Latest Posts

    NDIC raises deposit insurance coverage level for banks nationwide

    The Nigeria Deposit Insurance Corporation has announced a revision of the Maximum Deposit Insurance Coverage for banks operating within the country.   At a media briefing...

    FCT police nab two for child-proof king 9

    Operatives of the Federal Capital Territory Police Command have arrested two female suspects, identified as Kulu Dogonyaro and Elizabeth Ojah for child trafficking.   They were...

    Kaduna Bombing: Military concludes investigation, indicts two officers

    The military has completed its investigation into the bombing of Tudun Biri village in Kaduna State, indicting two Nigerian Army officers. The officers will face...

    Davido vs WizKid; The Genesis of the ‘Frog voice’ and ‘Size 7 shoe n*gga’ feud

    Wizkid and Davido have set social media ablaze with fiery and confrontational jabs at each other.   X, formally known as Twitter, is the battleground for...

    Don't Miss

    Wike’s loyalist rejects Fubara’s redeployment, resigns as Rivers commissioner

    The Rivers State Attorney-General and Commissioner for Justice, Prof. Zaccaeus Adangor, SAN has rejected his redeployment to the Ministry of Special Duties (Governor’s Office),...

    FG grounds Dana Air operations after Lagos airport incident

    The Minister of Aviation, Festus Keyamo has suspended Dana Airline operations due to concerns surrounding the safety and financial viability of their operations. One of...

    Anti-graft war turns Nollywood drama as EFCC goes after Yahaya Bello

    In the past few days, the nation has been riveted by the altercation between the Economic and Financial Crimes Commission and ex-Kogi State governor,...

    Nollywood veteran actor, Zulu Adigwe is dead

    The Nigerian movie industry has again been thrown into mourning after the news of the death of another veteran Nollywood actor, Zulu Adigwe, surfaced...

    Fubara reshuffles cabinet, redeploys two Wike’s loyalists

    Rivers State Governor, Siminalayi Fubara, has redeployed two commissioners who are loyalists of the Minister of the Federal Capital Territory, Nyesom Wike. The former Attorney-General...

    Stay in touch

    To be updated with all the latest news, offers and special announcements.