Naira Redesign: ‘Nigerians Await Your Speech Over The Escalating Economic Hardship Plaguing The Country’ – Ohanaeze Tells Buhari

Naira redesign

Ohanaeze has spoken to Buhari about the Nigeria design. The group advised the President to address the people on the present situation. According to the group, the Naira situation is getting out of hand. EKO HOT BLOG reports that Igbo socio-cultural organization, Ohanaeze Ndigbo, has urged President Muhammadu Buhari to address the hardship in the … Read more

2023 Elections: ‘Old Notes Will Return On Tinubu’s Victory’ – Fani-Kayode

Fani Kayode

Fani Kayode has dragged Emefiele over the naira redesign once again. According to Fani-Kayode, those responsible for hardship in Nigeria will regret their actions. He also assured the people that old notes will return again if Tinubu emerges winner of the Election. EKO HOT BLOG reports that the Former Aviation Minister, Femi Fani-Kayode has once … Read more

‘It Came At the Right Time’ – Sanusi Reacts To CBN Redesign Policy

Sanusi

Sanusi has reacted to the Naira Redesign policy. According to the former Emir, Nigeria is ripe for the policy and it was timely. He also urged citizens to ‘trade’ cautiously with politicians. EKO HOT BLOG reports that the former Emir of Kano, Lamido Sanusi, has opened up about the new naira policy of the Central … Read more

Naira Redesign: ‘More Aggressions and Demonstrations Looms In The Horizon – Shehu Sani Projects, Warns Buhari

Shehu Sani

Shehu Sani has reacted to Buhari’s new directive on old naira notes. According to the former lawmaker, more attacks and protests will erupt in the country. Some other state governors have also kicked against the new directive. EKO HOT BLOG reports that the former federal lawmaker, Shehu Sani, has said that there will be more … Read more

Naira Notes: Yahaya Bello Explains Why He And El-Rufai Stormed The Supreme Court

Yahaya Bello
  • Yahaya Bello has revealed why he went alongside with El-Rufai to the supreme court.

  • The Supreme Court postponed the hearing of the states’ pooled lawsuits.

  • According to the Kogi governor, they are not against the redesign policy but the implementation by CBN.

EKO HOT BLOG reports that the Kogi State Governor, Yahaya Bello, has revealed why he and the Kaduna State Governor, Nasir El-Rufai, stormed the Supreme Court on Wednesday.

The Supreme Court of Nigeria held a brief hearing on the suit filed on the naira swap policy of the Central Bank of Nigeria (CBN).

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The apex court, however, adjourned the hearing of the consolidated suits by states to Wednesday, February 22, 2023.

Bello, while addressing newsmen after the adjournment, said he and his Kaduna counterpart stormed the court to ensure that justice is obtained for the masses who are suffering the brunt of the policy at this time.

The Kogi State Governor said he and El-Rufai are not against the redesign policy but against the CBN implementation.

The Supreme Court hearing was attended by a delegation of Senior Advocates of Nigeria (SAN) on Wednesday.

He said, “We are in court because Nigerians are suffering as a result of this CBN muddled-up cashless versus currency redesign policy, that is why we are here today.”

Bello said the understanding from court proceedings suggests that the order made by the justices still subsists up till Wednesday, February 22 when the matter will be heard.

According to him, this is in reference to an injunction by the court, temporarily banning the implementation of the February 10 deadline of the CBN from making the old N200, N500 and N1,000 notes legal tender.

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Bello, however, charged Nigerians to remain law-abiding.

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You Are Conniving With Banks To Cause Pain To Nigerians – APC Blasts Obi Over Comment On Naira Scarcity

Peter Obi

APC has reacted to Obi’s statement on the naira scarcity. Peter Obi advised Nigerians to be patient with banks, as the situation will slowly change. Remi Omowaiye, the APC PCC in Osun State, charged that the CBN was seeking to “inflict agony on Nigerians.” EKO HOT BLOG reports that the All Progressives Congress Presidential Campaign … Read more

Why Court May Declare Naira Redesign Illegal – Falana

Naira Redesign

The Human rights lawyer has stated that the new notes could be declared illegal. EKO HOT BLOG reports that the Human rights lawyer, Femi Falana (SAN), has stated that the recent naira redesign and endorsement by President Muhammadu Buhari may be declared illegal in court. This online media platform recalls that the Central Bank of … Read more

Naira: Dollar Could Drop To N200 On Exchange Market After Redesign – EFCC

EFCC

EFCC has stated that Naira could rise massively against the Dollar after the currency redesign. EKO HOT BLOG reports the Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa has said that the naira might appreciate massively against the dollar in the coming weeks. Bawa, during an interview with Deutsche Welle (DW) Hausa … Read more