Following last week’s Supreme Court order approving the use of old N1,000 and N500 and N200 notes as legal tender till December, some Deposit Money Banks have started re-circulating the old notes. However, it was observed that motorists, fuel stations, retailers, traders, and other categories of bank customers rejected the old currencies. The development came […]
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A Federal High Court in Kano has sentenced a popular Kano spiritualist, Abubakar Ishaq, alias Mai-Rakumi, to 10 years in prison for possession of counterfeit currency. The judge, Lewis Allagoa, convicted Mr Ishaq of the two-count charge. The convict was arraigned before the court by the Economic and Financial Crimes Commission (EFCC). His journey to […]
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A political party in Nigeria “Justice Must Prevail Party (JMPP)”, on Thursday said if elected into power in 2019, it would construct perimeter fence around Nigeria and change the name of the country and the currency. Acting National Chairman of the Party, Dr Olusegun Ijagbemi, revealed at a news conference in Abuja. He said that […]
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