FRSC CONFIRMS FATAL CRASH THAT KILLED 12 VICTIMS AT GADA BIYU ALONG YANGOJI–ABUJA CORRIDOR. (PHOTO).

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 FRSC CONFIRMS FATAL CRASH THAT KILLED 12 VICTIMS AT GADA BIYU ALONG YANGOJI–ABUJA CORRIDOR The Federal Road Safety Corps (FRSC), has confirmed a fatal multiple vehicle road traffic crash that claimed twelve lives at about 1145hrs on Sunday, 11 January 2026, at Gada Biyu, along the Yangoji–Abuja (YGJ–ABJ) corridor. According to a statement signed by the Corps Public Education Officer, Segun Ogungbemide, The crash involved four vehicles: one commercial trailer conveying coal, one commercial bus, and two commercial cars.  Preliminary investigations revealed that the incident could have been caused by speed violation and dangerous driving which led to loss of control. Further information gathered indicated that the truck driver was driving at an excessive speed beyond the legally prescribed limit for the corridor, lost control, and crashed into already parked vehicles, triggering the fatal collision. Out of 18 persons involved in the crash, Five victims died instantly at the scen...
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OLD NAIRA NOTES REMAIN LEGAL TENDER INDEFINITELY- CBN.(PHOTO).

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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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