BLORD IS OUT FROM KUJE PRISON AFTER PERFECTING ALL HIS BAIL CONDITIONS.(PHOTO).

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 So Linus Williams (Blord) has been released from Kuje prison after fulfilling his bail conditions, finally, freedom after a few weeks in custody. However, here’s the current position of his case:  He is still expected to show up and stand his trial.  If he fails to appear in court even for one day, his bail can be revoked and a bench warrant may be issued against him, meaning a return to Kuje. If the prosecution cannot prove the charges against him, he will be discharged and acquitted. If the prosecution proves the charges, he may be sentenced and sent back to Kuje. I think he should seek a peaceful resolution to the case. Congrats to him on his freedom for now.
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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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