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Why Banks Are Not Issuing Old Naira Notes Even After Supreme Court’s Ruling

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Some bank officials said they would comply with the Supreme Court’s ruling only on one condition. Banks in Nigeria have revealed why they are not issuing the old 200, 500 and 1000 as directed by the Supreme Court. The apex court had last week ruled that the old notes are still legal tenders till December 31st 2023. Banks in reaction to the apex court’s directive noted that they can’t commence re-issuance of the old notes until they are directed to do so by the Central Bank of Nigeria (CBN). Some bank officials who spoke with Vanguard on the development said they would comply with the Supreme Court’s ruling once CBN gives the directive. One of the officials working with Access Bank who spoke on condition of anonymity said the banks would issue the old naira notes when the apex bank gives the directive and not the Supreme Court. He said,  “Banks in Nigeria are heavily regulated, and we only listen to what the CBN says. Despite the ruling, we still need to hear from our regulator.” Sp...
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I Almost Turned To Prostitution After My Dad’s Death – Actress, Omotola Jalade Reveals

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The screen diva in an exclusive interview with media personality, Chude Jideonwo opened up on losing her father at 12. Omotola Jalade-Ekeinde, the famous Nigerian actress, has made a new revelation about herself. She revealed how her father’s death affected her in ways she could not imagine or handle. The screen diva in an exclusive interview with media personality, Chude Jideonwo opened up on losing her father at 12. She explained they never had time to bond like father and daughter did because she was shipped off to Kaduna at a tender age. She said she barely knew her death before his demise. According to the mother of four, having to deal with such reality at that young age almost broke her as she became emotionless, attributing her fearlessness and confidence to the ‘life-changing’ incident. Foisted to cater for her brothers and protect them from persons who would want to separate them, the mother of four revealed she almost turned to prostitution to ensure no one succeeded in tear...
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We Need To Change All The Danfos In Lagos State – Labour Party Candidate, Gbadebo Rhodes-Vivour Reveals Plan

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Gbadebo Rhodes-Vivour who has emerged as one of the major contenders ahead of Saturday’s polls said one of the challenges facing Lagos State is the danfo buses found in several places around the state. Gbadebo Rhodes-Vivour, Labour Party governorship candidate in Lagos state has revealed his plan for the people of the state. Gbadebo Rhodes-Vivour who has emerged as one of the major contenders ahead of Saturday’s polls said one of the challenges facing Lagos State is the danfo buses found in several places around the state. He held the opinion that the danfo buses need to be replaced but the government doesn’t have to buy all of them. According to him, a platform can be created for members of the public to create a pool of funds to purchase the buses and the ‘investors’ can get paid back on a monthly basis as the buses are put to use. Rhodes-Vivour spoke while participating in a Menisms Podcast. In his words,  “We need to change all the danfos in Lagos State. We need about 70,000 da...
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