TENSIONS HIGH AS IRANIAN AND U.S. OFFICIALS BEGIN CRITICAL NUCLEAR NEGOTIATIONS IN OMAN. (PHOTO).

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 Tensions High as Iranian and U.S. Officials Begin Critical Nuclear Negotiations in Oman In a bid to ease long-standing tensions and revive stalled diplomatic efforts, delegations from Iran and the United States have quietly commenced high-stakes nuclear talks in the Gulf nation of Oman. This new round of negotiations comes at a time when global concerns are rising over Iran’s advancing nuclear program and the broader implications it could have for regional and international stability. Sources close to the development indicate that both parties have sent senior diplomats to Muscat, where Oman continues its role as a neutral facilitator, known for its discreet mediation between adversaries. The talks are expected to explore possible pathways for reducing uranium enrichment activities by Iran, lifting certain U.S.-imposed sanctions, and creating a framework to prevent a wider conflict in the Middle East. While no official statements have been released, insiders suggest that the U.S. ...
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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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