The Supreme Court has extended the validity of the N200, N500, and N1,000 Naira notes till 31 December. A seven-member panel of the court led by John Okoro unanimously directed that the CBN must continue to receive the old notes from Nigerians The court held that the directive of President Muhammadu Buhari for the redesign of the…
By Godknows Igali In Greek mythology, the hero-warrior Achilles was exceptionally strong and was considered invincible. At birth, his mother had dipped him in the mysterious River Styx which made his body insulated from penetration from any weapon, apart from the tiny piece on the heel of his leg which she held during that act. …
The Economic Community of West African States maintained sanctions against the military leadership in Mali and Guinea and added a travel ban against Burkina Faso’s rulers as fears grow over of a band of countries under military rule stretching across West Africa’s Sahel region. Ecowas member states agreed to “maintain existing sanctions against all three…
The Nigerian leader, in a national broadcast Thursday morning, admitted the ‘difficulties’ the new currency policy is causing Nigerians. A week after the Supreme Court ordered the Nigerian government to allow the continued use of old N200, N500 and N1,000 notes, President Muhammadu Buhari has countered that order. The Nigerian leader, in a national broadcast…
Cote d’Ivoire has lifted its Covid-imposed land border closure, officially re-opening its roads to neighboring countries after nearly three years. ADVERTISING The country shut down all borders on 22 March 2020 at the start of the Covid pandemic. Sea and air borders were reopened after a few months, as the country depends on exports of cocoa and…
President Muhammadu Buhari Thursday said the new monetary policy of his administration has contributed to the minimisation of the influence of money in politics. Despite the poor implementation of the policy, Mr Buhari said the redesign of the high denominations of the naira is a positive departure from the past and represents a bold legacy…
President Muhammadu Buhari has addressed Nigerians on the issue of currency swap policy of the Central Bank of Nigeria, CBN, which has hindered economic activities in the country due to scarcity of the old and new notes. The President directed that the old naira notes, ranging from the N200, N500 to N1000 remain legal tender…
A project aimed at boosting food production and addressing key constraints in the agriculture value chain in Northern Ghana has been launched in Tamale. Dubbed “Savannah Agricultural Value Chain Development Programme (SADEP), the project is expected to contribute to the government’s industrialisation agenda, support Planting for Food and Jobs (PFJ), Rearing for Food and Jobs…
A new report by the Ghana Statistical Service (GSS) has revealed that four out of every five public sector employees earn less than GH₵3000 a month. Out of the 688,000 persons employed by the government, 533,179 of them earn less than GH₵3000. This represents 80 per cent of the total workforce. The new survey titled the…
Following intensive hearings before the National Assembly’s Finance and Public Accounts Committee (FPAC) and audit exercises into the finances of area councils and municipalities across the country, the Gambia government has decided to further probe the alleged improprieties. Speaking during the breakfast programme – ‘Coffee Time with Peter Gomez’ – on West Coast Radio Wednesday,…
