CATHOLIC PRIESTS NOT LIKE ‘FAKE BISHOPS’, ATIKU BLASTS PRESIDENCY’S ATTACK ON ONAIYEKAN. (PHOTO)

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Catholic Priests Not Like ‘Fake Bishops’, Atiku Blasts Presidency’s Attack On Onaiyekan Presidential Candidate of the African Democratic Congress ADC, Atiku Abubakar, has condemned the Presidency’s attack on the Catholic Church and John Cardinal Onaiyekan, accusing the President Bola Tinubu administration of growing intolerant of dissent and uncomfortable truths. In a statement by his Senior Special Assistant on Public Communication, Phrank Shaibu on Sunday, Atiku said the Presidency chose intimidation and political attacks instead of reflecting on the substance of the cleric’s message. Catholic bishops had recently had an engagement with the president, where the latter defended his record and the independence of the electoral umpire. However, the cardinal in a television interview on Friday said the Catholic bishops told the president that the country is bleeding and the economy is not helping poor citizens. According to him, Tinubu and his officials present at the meeting were “not l...
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CBN TO RELEASE RE-DESIGNED NAIRA NOTES DECEMBER.(PHOTO).

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CBN to release re-designed Naira notes December

The Governor, Central Bank of Nigeria, Godwin Emefiele, has announced that the bank would release re-designed Naira notes by December 15, 2022.

He also said that existing notes would seize to be regarded as legal tender by January 31, 2023.

Emefiele disclosed this during a press briefing in Abuja on Wednesday.

The CBN said that it is worrisome that 85 per cent of the currency in circulation is being hoarded by Nigerians.

He further urged Nigerians to proceed to their banks to deposit their Naira notes, adding that the deposit fee would be waived for transactions below N150,000.

Emefiele added that the redesigning of Naira notes would help to curb counterfeit notes, as well as hamper ramson payment to terrorists and kidnappers.


 

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