The All Progressives Congress has reassured Nigerians that it intends to deliver on the promises it made during electioneering. The ruling party has of late, come under intense pressure over a perceived lack of commitment to the pledges made during the last presidential election campaign. On Wednesday, at the Senate, APC lawmakers shut down the... Read More

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September 12, 2012

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Sanusi defends N5,000 note policy, calls Obasanjo a ‘bad economist’

by Isi Esene The governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, yesterday stood in defence of the apex bank’s currency review policy saying the widespread arguments against it are not based on sound economic logic. Reports say he also took on the former president, Olusegun Obasanjo, describing him as “a good... Read More

5000, CBN, central bank of Nigeria, CIBN, coins, Currency, note, olusegun obasanjo, Sanusi Lamido Sanusi

September 11, 2012

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Activists stage coffin-carrying march against CBN’s planned N5000

by Isi Esene In a new twist to the 5000 note saga, activists from the Concerned Human Rights Nigeria (CHRN), Civil Societies for Good Governance (CSGG), Joint Action Front (JAF), United Action for Democracy (UAD), Gani Fawehinmi Foundation (GFF), United Middle Belt Youth Congress (UMBYC), among others, took to the streets yesterday protesting the planned... Read More

5000, Abuka Onalo-Omababa, cashless, CBN, central bank of Nigeria, currency review, Declan Ihekhaire, money laundering, Sanusi Lamido Sanusi

September 10, 2012

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“We are honoured, very delighted, very pleased,” – Margaret Ekpo’s family changes position on N5000 note?

by Isi Esene The family of late women activist, Margaret Ekpo whose face is to be feature on the proposed N5000 note appears to have had a sudden change of heart as they are now expressing their support for the currency review announced by the Central Bank of Nigeria (CBN). While speaking on behalf of... Read More

5000, CBN, central bank of Nigeria, Currency, Funmilayo Kuti, Gambo Sawaba, Margaret Ekpo, note, Sanusi Lamido Sanusi, SLS

September 5, 2012

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Noted: FG approves CBN’s N5000 denomination

by Isi Esene The Federal Government has expressed its willingness to the support the Central Bank of Nigeria in the introduction of the contentious N5ooo note. The government’s position was made known today by the minister of Economic Planning, Dr. Shamsudeen Usman at the conclusion of the Economic Management Team meeting in Abuja. According to... Read More

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‘We’ll deliver on all election promises… PDP will be put to shame’ – APC

Sanusi defends N5,000 note policy, calls Obasanjo a ‘bad economist’

Activists stage coffin-carrying march against CBN’s planned N5000

“We are honoured, very delighted, very pleased,” – Margaret Ekpo’s family changes position on N5000 note?

Noted: FG approves CBN’s N5000 denomination

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