RESIDENT DOCTORS SUSPEND PLANNED STRIKE. (PHOTO).

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 Resident Doctors Suspend Planned Strike The Association of Resident Doctors (ARD) has suspended its planned nationwide strike, earlier scheduled to commence today Monday 12th of January 2026, Following fresh engagements with the Federal Government, The North-Central caucus of the association announced the suspension after a series of consultations with government representatives, saying the decision was taken in the interest of patients while discussions continue. The caucus leader, Dr Fanen Dogoh, however, said the suspension does not mean the issues that prompted the strike threat have been resolved. The resident doctors had planned to embark on industrial action over the continued failure of the government to honour a Memorandum of Understanding (MoU) reached with the National Association of Resident Doctors (NARD). Among the key demands is the immediate reinstatement of doctors sacked from the Federal Teaching Hospital (FTH), Lokoja, over alleged unauthorised protest and union...

OLD NAIRA NOTES REMAIN LEGAL TENDER INDEFINITELY- CBN.(PHOTO).

Old naira notes remain legal tender indefinitely – CBN

Central Bank of Nigeria, on Tuesday, extended the validity of the old N200, N500 and N1,000 notes indefinitely.

CBN Director, Corporate Communications, Isa AbdulMumin in a statement titled, “CBN To Allow Old Design Naira Banknotes As Legal Tender, Ad Infinitum”, said the decision is in line with international best practices and to forestall a repeat of earlier experiences implementing the policy.

The apex bank introduced the redesigned N200, N500 and N1.000 denominations in October 2022 and certain deadlines were set for the old design of these denominations to cease as legal tenders.

According to the statement, “Without prejudice, the Central Bank of Nigeria wishes to inform the general public of its desire to extend the legal tender status deadline of the old design of N200, N500 and N1,000 denominations; ad infinitum.

“This is in line with international best practices and to forestall a repeat of earlier experiences.

“Thus, all banknotes issued by the Central Bank of Nigeria, in accordance with Section 20(5) of the CBN Act 2007, will continue to remain legal tender, ad infinitum. even beyond the initial December 31, 2023, deadline.

“The Central Bank of Nigeria is working with the relevant authorities to vacate the subsisting court ruling on the same subject.

“Accordingly, all CBN branches across the country will continue to issue and accept all denominations of Nigerian banknotes, old and redesigned, to and from deposit money banks.

“The general public is enjoined to continue to accept all Naira banknotes (old or redesigned) for day-to-day transactions and handle these banknotes with utmost care, to safeguard and protect the lifecycle of the banknotes.

“Also, the general public is encouraged to embrace alternative modes of payment, e-channels, for day-to-day transactions.”

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