In a few days, Nigeria will be printing new Naira notes and Nigerians will have to exchange the old currency for the new one.

The Central Bank of Nigeria says this move will help check inflation, discourage ransom payment and boost the value of the Naira.

In 2020, the apex bank spent about 59 billion Naira to print new notes valued at about one trillion Naira. Going by this estimate, Nigeria might be spending about 176 billion Naira this time to print the 3.2 trillion Naira in circulation.

Gist Nigeria speaks to experts, and finds out what this means for the country’s cashless economic policy and what impact the initiative will have on the ordinary Nigerian.

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Governor of the Central Bank of Nigeria, Godwin Emefiele has insisted that the deadline for the return of the old series of 200, 500, and 1000 naira notes remains January 31, 2023.

Source: Twitter/Cenbank

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The Supreme Court on Thursday affirmed the election of Bola Tinubu as Nigeria’s president in the 2023 general election.
Tinubu’s election was challenged by his two major opponents – Atiku Abubakar of the People’s Democratic Party (PDP) and Peter Obi of the Labour Party.
Atiku and Obi asked the court to declare each of them the winner of the election and pleaded with the election tribunal to nullify the declaration of Tinubu’s election by the Independent National Electoral Commission (INEC) as elected president. Both were dismissed and approached the Supreme Court.

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Breaking news from Nigeria! Here's what's on the front page of Nigerian newspaper headlines today, August 23, 2022.

Featured Newspaper headlines today:
- Vanguard newspaper Nigeria
- Daily Trust newspaper Nigeria
- The Nation newspaper Nigeria
- Punch newspaper Nigeria
- The Trumpet newspaper Nigeria
- Sun newspaper Nigeria

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See some of the major headlines on the front pages of the newspapers.

WakeupNigeria May 12th, 2023

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As Nigerians continue to grapple with the grim effect of Petrol Subsidy removal, a group of oil marketers who visited the President, Bola Ahmed Tinubu on Wednesday, announced their intention to donate between fifty to a hundred mass transit buses to help cushion the effect of the Subsidy removal.

Their announcement is coming as the President directed the National Economic Council led by Vice President Kashim Shettima to device an approach and begin the process of working on interventions to mitigate the impact of subsidy removal on Nigerians.

In the meantime, Motorcyclists in Cameroon have reportedly protested the removal of petrol subsidy in Nigeria.

Since the announcement of the Subsidy removal, by President Bola Ahmed Tinubu during his inaugural speech, there’s been reports of the adverse effects in neighbouring countries, like, Cameroon, Ghana, Benin Republic, and as far as Sudan, as the countries have reportedly relied on smuggled Petrol from Nigeria over the years.

In a video that has now gone viral, the commercial motorcyclists in Garoua Cameroon, were seen expressing their dissatisfaction with the petrol subsidy removal in Nigeria and warning the people of Cameroon that transportation will increase since access to Nigerian fuel has become difficult. They also criticizing President Bola Ahmed Tinubu.

In another development, the Outgoing Speaker of the House of representatives, Femi Gbajabiamila
at a valedictory session organised for the Ninth House in Abuja, said young people in the country have lost faith in Nigeria, and are choosing to seek their fortunes and their future in other countries.

Gbajabiamila, who will assume a new office next week as the Chief of Staff to President Bola Ahmed Tinubu urged the executive and legislative arms of government to act fast to check the mass exodus of youth from the country, stating that they must restore faith in young people or risk the unforgiving judgment of history.

The story is coming as Terrorists abducted many farmers in Kaffin-Koro and the adjoining communities in Niger State.

The daughter of one of the abductees, Hope posted a video, where the Terrorists were seen torturing the victims kidnaped.

She said the Terrorists are demanding N20million naira and a motorbike from her family before they release her father.

In the Netherlands, a video of Sierra Leonean woman who was taking a walk to work, In a rare encounter, bumped into the prime minister of the country Mark Rutte.

#pence #trump #tinubu #shettima #cameroon #ghana #gbajabiamila #terrorists #markrutte #paulkagame #georgeakume #bukayosaka #tupac #arise #arisetv #arisenews

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Four Nigerian newspapers said soldiers stopped and seized copies of its editions on Friday over security concerns, with one likening the raids to censorship during the country's military rule. Duration: 01:03

Breaking news from Nigeria! Here's what's on the front page of Nigerian newspaper headlines today, June 29, 2022.

Featured Newspaper headlines today:
- Blueprint newspaper Nigeria
- News Telegraph newspaper Nigeria
- Sun newspaper Nigeria
- Punch newspaper Nigeria
- Liberty newspaper Nigeria

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#Nigeria #NigerianNewspapers #NigeriaNews

Breaking news from Nigeria! Here's what's on the front page of Nigerian newspaper headlines today, August 1, 2022.

Featured Newspaper headlines today:
- Liberty newspaper Nigeria
- Daily Trust newspaper Nigeria
- The Nation newspaper Nigeria
- Punch newspaper Nigeria
- The Trumpet newspaper Nigeria
- Daily Sun newspaper Nigeria

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#Nigeria #NigerianNewspapers #NigeriaNews

Find these stories and much more when you grab a copy of The Guardian on Thursday.
National News
Tinubu vs Obi, Atiku: Supreme Court to deliver judgment Thursday
IPPIS: FG to delist unverified workers on Friday, October 27
FG approves N18 billion for fallen soldiers
Senate to bar CBN governor, deputies from politics
PDP’s Amos Yohanna sworn in as Adamawa north senator
Nigeria Railway Corporation to commence e-ticketing
NIPOST to partner Interior Ministry on international passport delivery
18 escape death on Lagos-Ibadan expressway auto crash
Four students raped as robbers invade TASUED hostel
Court sacks Ghandi as Soun of Ogbomosho, orders fresh selection process
Lagos court convicts 26 for indiscriminate waste disposal
Business
Forex scarcity: Oil depots shut operations
MTN Ordered To Pay N57.5bn Tax Default To FG
Tech
Fidelity Bank blocks OPay, Moniepoint, and Palmpay over KYC concerns
International News
Israel-Hamas War: Oxfam accuses US of using starvation as weapon
U.S., Gulf nations target Hamas’ $1 billion worth of secret assets
Entertainment
Capital Films launches ₦500 million fund
Sports
Super Falcons salvage draw in Olympic Qualifiers against Ethiopia
Liverpool's Robertson set for shoulder surgery
Tyson Fury talks tough ahead of fight with Ngannou

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#SupremeCourt #Atiku #PeterObi

Find these stories and much more when you grab a copy of The Guardian on Friday.
National News
Supreme Court affirms Tinubu’s election
PDP rejects Supreme ’court verdict affirming Tinubu’s victory
Judgement has destroyed fabric of our democracy – LP
Senate confirms Musa Aliyu as ICPC chairman
Impeachment: Ondo deputy governor apologises to Akeredolu
Grace Taiga, Nigerian official at the centre of P&ID scandal dies
17-year-old student arrested for alleged kidnap, killing of five-year-old
Troops arrest ‘suppliers of ammunition’, recover weapons in Kaduna
Reps to probe ‘persistent’ loss of firearms by police
Delta state proposes N714.4 billion budget for 2024
Oyo kingmakers sue Governor Makinde over selection of new Alaafin
A'Ibom seals three banks over N228.6m debt

Business
Naira gains as external reserves rise in 3 weeks
Access Bank, GTB, reports high profit before tax

Tech
Apple TV+ subscribers to pay $9.99 monthly to stream
Patricia insists on November repayment date (after DLM Trust abruptly ends partnership)

Entertainment
'Huge Mistake' Cheating on Robert Kardashian Sr" - Kris Jenner
Davido keeps mum amid multiple allegations of unpaid debts

International News
Israel-Hamas War: Palestinian Ambassador demands UN intervention
Maine police search for Army reservist suspected of shooting dead 18 people

Sports
Sadio Mane completes takeover of French club
UK fans banned from watching El Clasico
Cricket World Cup: Sri Lanka pushes England to the brink

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Political Analyst, Dotun Ojon and Political Technocrat, Dr. Dayo Kayode review the top headlines from the Nigerian Newspapers for the 10th of January, 2022.

#TVCNews #NewsUpdate #2023presidency #onlinenews #election #nigeriaelection #todaynews #9janews #latestnews

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Breaking news from Nigeria! Here's what's on the front page of Nigerian newspaper headlines today, November 2, 2022.

Featured Newspaper headlines today:
- Daily Independent newspaper Nigeria
- Daily Trust newspaper Nigeria
- The Nation newspaper Nigeria
- Punch newspaper Nigeria
- Vanguard newspaper Nigeria
- Sun newspaper Nigeria

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#Nigeria #NigerianNewspapers #NigeriaNews

The Central Bank of Nigeria (CBN) on Wednesday said it will redesign the N200, N500, and N1,000 notes.

CBN Governor, Godwin Emefiele, disclosed this during a special press briefing in Abuja. The new design and issues will be effective from December 15, 2022.

#CBN #Business #Businessnews #Cash #Money #2023presidency #2023Elections #NnamdiKanu #IPOB #2023Presidency #Russia #Ukraine #UkraineCrisis #RussiaInvadesUkraine #TVCNews #TVC #News #NaijaNews #NaijaGist #Entertainment #NewsUpdate #BreakingNews #NewsInNigeria #NewsInNigeria #YouTube #Video #TodaysNews #TodaysVideo #NigeriaNews #TrendingGists #YouTube #TrendingVideo #abbakiyari #abbakiyaricase #PresidentBiden #VladmirPutin #TVCNews #NewsUpdate #BabjideKoladeOtitoju #2023Presidency #2023Elections #APC #JournalistsHangout #TVCNews #NewsUpdate #businessnews #onlinenews #latestnews #todaynews #2023election #election #2023presidency #latestnews #onlinenews #todaynews #9janews #NewsUpdate #onlinenews #todaynews #9janews #latestnews #2023Presidency #NewsUpdate #IssuesWithJide #Buhari #YouTube #Video #DailyNews #BreakingNews #IPOB #Biafra #Tinubu #NnamdiKanu #FemiFalana #NigeriaNews #2023Election #TrendingNews #9jaNews #PDP #APC #DailyNews #NewsToday #9jaNews #politicstoday #Otitoju #BabajideOtitoju #JournalistHangout #BukolaSaraki #Otitoju #GovernorSanwoOlu #NewsNigeria #TrendingVideo #AsiwajuBolaAhmedTinubu #BolaTinubu #BolaAhmedTinubu

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Watch Journalist Dare Odufowokan and Lecturer at the University of Lagos, Dr. Dan Ekere as they review the top headlines from the Nigerian Newspapers for the 13th of January, 2022.

#tinubuforpresident #Tinubudeclarehisambition #TVCNews #osinbajo #NewsUpdate #2023presidency #onlinenews #election #nigeriaelection #todaynews #9janews #latestnews #umahichallengestinubu #2023election

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While public debate rages about small boat crossings in the Channel, there are allegations of a legal route into the UK being used for people smuggling.

Sky News investigates how criminal gangs are allegedly exploiting Britain's jobs shortage to traffic people to this country.

Lisa Holland has this report.

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The prime minister announces a raft of new approaches to try to deal with illegal immigrants.

#RishiSunak #Politics #Shorts

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