M23 SAYS HUNDREDS OF BURUNDI SOLDIERS CAPTURED IN LATEST CONGO OFFENSIVE. (PHOTO).

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 M23 says hundreds of Burundi soldiers captured in latest Congo offensive The Rwanda-backed M23 group has captured hundreds of Burundian soldiers during its latest offensive in eastern Democratic Republic of Congo, a rebel official said, as clashes continued despite a warning from the Trump administration. Last week M23 entered the strategic town of Uvira near the border with Burundi, less than a week after the presidents of Congo and Rwanda met in Washington with U.S. President Donald Trump and affirmed their commitment to a peace deal known as the Washington Accords. U.S. Secretary of State Marco Rubio said on Saturday that Rwanda's actions in eastern Congo violated the Washington Accords and vowed to "take action to ensure promises made to the President are kept". Rwanda denies supporting M23 and has blamed Congolese and Burundian forces for the renewed fighting. A United Nations group of experts report published in July said Rwanda exercised command and control over t...
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CBN SHOULDN'T EXTEND NAIRA SWAP DEADLINE- ATIKU.(PHOTO).

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CBN Shouldn’t Extend Naira Swap Deadline – Atiku

The Peoples Democratic Party presidential candidate, Atiku Abubakar, on Wednesday, asked the Central Bank of Nigeria not to grant a further extension after February 10 deadline for naira swap.

This, he said, had become imperative to ensure the purpose and objective of initiating the redesigning of the currency are not destroyed.

In a statement released in Abuja on Wednesday from his campaign office, Atiku urged the CBN to immediately review the measures it has put in place for ensuring the seamless circulation of the new naira notes.

“The additional ten days will enable our people in the rural areas and ordinary people across the country to take the naira in their possession into the banks. It will also enable the CBN to further circulate the new currency notes among banks so that people can have easy access.

“Within these ten days, I urge the CBN to initiate measures that will alleviate the problems being encountered by the people in exchanging their old naira notes for new ones and getting more new notes into circulation. The CBN may have to consider printing more currency notes to eliminate the current scarcity among ordinary people, especially rural dwellers who need them for their daily transactions.


 

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