‘FRIEND OF A THIEF IS A THIEF’, DEFENCE MINISTER WARNS TERRORIST SPONSORS. (PHOTO).

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 ‘Friend Of A Thief Is A Thief’, Defence Minister Warns Terrorist Sponsors The Minister of Defence, General Christopher Musa (rtd), has cautioned Nigerians against aiding terrorists, insurgents, bandits, or other criminal elements, stressing that anyone who supports criminal activities will face the full weight of the law. General Musa made the warning on Saturday while speaking as the Special Guest of Honour at the Armed Forces Celebration and Remembrance Day 2026 Golf Tournament held at the TYB Golf Resort and Country Club, Yar’Adua Barracks, Abuja. He urged citizens to continue supporting the Armed Forces and other security agencies, noting that the Federal Government has given them a clear mandate to deal decisively with all threats to national security. “I call on all Nigerians to stand with the Armed Forces and security agencies in the quest for peace,” Musa said.  “Those who continue to support bandits, insurgents, terrorists, or criminals must desist immediately. As th...
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NO PLAN TO PHASE OUT NEW BANKNOTES- CBN.(PHOTO).#PRESS RELEASE.

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'No Plan To Phase Out New Banknotes’ - CBN

Central Bank of Nigeria (CBN) says it has no plan to phase out the newly redesigned banknotes as more of the banknotes will be in circulation soon.

The Apex Bank was reacting to recent news making rounds that the newly designed notes will be phased out soon.

In a statement, CBN’s Acting Director of Corporate Communications, Isa AbduMumimas described the reports as baseless and an attempt by some persons to cause panic amongst Nigerians.

The Apex bank said the old and newly redesigned notes would be in circulation side by side.

“We wish to reiterate that the new and old currency notes have been circulating side by side just as the Bank has been taking delivery of a good quantity of the redesigned bank notes from the Nigerian Security Printing and Minting Company (NSPMC) Limited.” The bank stated.

CBN added that the old naira notes will continue to be accepted as legal tender till December 31, 2023 when the old N1000, N500 and N200 would have been phased out.


 

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