A court has dismissed a suit seeking the removal of IGP Usman Baba. The suit was instituted by Michael Idoko against President Muhammadu Buhari and four others. Justice James Omotoso dismissed the suit because the plaintiff lacked the legal right to institute it. EKO HOT BLOG reports that a Federal High Court in Abuja has … Read more
A Lawmaker has demanded El Rufai’s arrest for issuing his own Naira directives. El-Rufai had urged citizens of Kaduna state to disregard Buhari’s directive on the old N1,000 and N500 notes. Reacting to the directives, Suleiman called for the immediate arrest of the Governor. EKO HOT BLOG reports that Samaila Suleiman, the lawmaker representing Kaduna … Read more
Ten states have called for Supreme Court intervention to nullify Buhari’s directive on new naira notes. The states have asked the apex court to declare the new directive “unconstitutional.” President Buhari had directed the Central Bank of Nigeria to recirculate only the old N200 notes. EKO HOT BLOG reports that a request has been made … Read more
The CBN has ordered banks to collect old N500 and N1,000 notes. The CBN pegged the maximum amount the banks can collect at N500,000. The CBN also maintained that the old N500 and N1000 currencies were no more legal tender. EKO HOT BLOG reports that the Central Bank of Nigeria, CBN has directed commercial banks … Read more
President Buhari has departed Abuja for AU Summit in Addis Ababa. Buhari will be accompanied on the trip by some Ministers and other top government officials. He is expected to return to Abuja on Monday, February 20. EKO HOT BLOG reports that President Muhammadu Buhari will on Thursday depart Abuja for Addis Ababa, Ethiopia, to … Read more
President Buhari has disclosed that he instructed the CBN Governor, Godwin Emefiele to change Naira design. “I authorised the CBN to redesign the N200, N500, and N1000 Nigerian banknotes,” Buhari said. Buhari said this during a national broadcast. EKO HOT BLOG reports that President Muhammadu Buhari on Thursday confirmed that he gave the directive for … Read more
Buhari has extended the validity of the old 200 Naira notes. Buhari made this known on Thursday morning during his nationwide broadcast. The president said all existing old N1000 and N500 notes remain redeemable at the Central Bank of Nigeria (CBN). EKO HOT BLOG reports that President Muhammadu Buhari has announced the extension of the … Read more
Buhari met with Emefiele at Aso Rock over the Naira swap crisis. This is the third time the CBN governor has been meeting with the President since the Naira crush crisis in the country. Since February 10, Nigerians have been hit by Naira scarcity due to the swap of the currency. EKO HOT BLOG reports … Read more
President Buhari says he has fulfilled all his campaign promises to Nigerians. He stated this during the seventh convocation of the Federal University, Oye-Ekiti, Ekiti State. He said his campaign vows which centred on enriching the economy, enhancing security, and the fight against corruption, have all been fulfilled. EKO HOT BLOG reports that President Muhammadu … Read more
The Council of State has urged the Central Bank of Nigeria (CBN) to increase the production of Naira Naira notes. The council made the plea on Friday during a meeting held at the presidential villa, in Abuja. The meeting was presided over by President Muhammadu Buhari. EKO HOT BLOG reports that the Nigerian Council of … Read more
President Buhari has unveiled the 2023 Presidential transition council. The council is chaired by the Secretary to the Government of the Federation (SGF), Boss Mustapha. The President made this known via his verified Twitter handle. EKO HOT BLOG reports that ahead of the expiration of his tenure on May 29, President Muhammadu Buhari on Thursday … Read more
INEC has vowed that the 2023 general elections will hold as scheduled. The electoral body maintained that the election will “go on as planned” even as Nigerians battle with the scarcity of petrol and new naira notes. Yakubu made this known on Wednesday during a meeting with the Federal Executive Council (FEC). EKO HOT BLOG … Read more
13 political parties have threatened to boycott the 2023 general elections. The parties are considering pulling out of the elections over the cash withdrawal limit and Naira swap policies. Some of the parties said they would not be interested in the elections if the new deadline of February 10, 2023, is shifted. EKO HOT BLOG … Read more
Massive protests have continued in Ibadan over Naira and petrol scarcity. Members of the University of Ibadan community barricaded the institution’s gate, thereby preventing vehicular movement and other activities. Soldiers and Operation Burst officers have arrived at the scene to curb violence. EKO HOT BLOG reports that angry protesters on Monday morning took to the … Read more
Governors of Kaduna, Kogi, and Zamfara have dragged the FG and CBN to court over naira scarcity. The three northern states are urging the apex court to grant them an interim injunction stopping the Federal Government either by itself or acting through the CBN. No date has been fixed for the hearing of the suit. … Read more
SERAP has filed a lawsuit against Lawan and Gbajabiamila over the N228bn NASS budget. SERAP’s suit followed the move by the National Assembly to increase its 2023 budget from N169bn proposed by President Muhammadu Buhari to N228.1bn. The suit also asked the court to stop the Minister of Finance, Budget and National Planning from releasing … Read more
Ezekwesili has bagged another powerful appointment. Obiageli Ezekwesili has been named the new board chairman of Women Political Leaders, WPL. Ezekwesili succeeds Helen Clark, former Prime Minister of New Zealand, now the board’s Chair Emeritus. EKO HOT BLOG reports that a former Nigerian minister, Obiageli Ezekwesili, has been appointed as the new board chairman of … Read more
President Buhari has urged Nigerians to give him 7 days to resolve the currency redesign crisis rocking the country. Buhari said the currency re-design will give a boost to the economy and provide long-term benefits. He spoke after his closed-door meeting with governors of the All Progressives Congress. EKO HOT BLOG reports that President Muhammadu … Read more
Nigeria’s afrobeat singer, Adekunle Gold has some words for Nigeria’s President Buhari in the wake of the recent hardship in the country. The musician regards the 8 years as wasted years for Nigerians who had hoped for better outcomes from his administration. Aside from having words for the President, the musician reveals his own personal … Read more
Nigeria has dropped again in the latest Transparency International corruption ranking. Nigeria scored 24/100 points in the 2022 ranking but fell from 150th to 154th place among 180 countries evaluated. The CPI is TI’s tool for measuring the levels of corruption in the systems of various countries around the world. EKO HOT BLOG reports that … Read more