GOV. SOLUDO JOINS MASSIVE ENDORSEMENT RALLY FOR PRESIDENT TINUBU IN EBONYI, CHAMPIONS 'ALLIANCE FOR PROGRESS. (PHOTO).

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 GOVERNOR SOLUDO JOINS MASSIVE ENDORSEMENT RALLY FOR PRESIDENT TINUBU IN EBONYI, CHAMPIONS 'ALLIANCE FOR PROGRESS By Christian ABURIME In a resounding display of inter-party cooperation of progressives and national unity, the Governor of Anambra State, Prof. Chukwuma Charles Soludo, joined a grand endorsement rally in Ebonyi State today, declaring his strong support for the leadership of President Bola Ahmed Tinubu, GCFR. Addressing a mammoth crowd of supporters in Abakiliki, Ebonyi State, Governor Soludo characterized his attendance as a "solidarity visit," emphasizing the growing synergy between progressive forces across Nigeria. Standing alongside his host, the Governor of Ebonyi State, whom he affectionately recognized as "my own brother," Governor Soludo affirmed his commitment to the collaborative governance currently shaping the nation. "I am here on a solidarity march with my own brother, the Rt. Hon. Governor of Ebonyi State, who, by the grace of G...

OLD NAIRA NOTES REMAIN VALID INDEFINITELY- CBN. (PHOTO).


 Old naira notes remain valid indefinitely – CBN


The Central Bank of Nigeria has clarified that the old series of N200, N500, and N1,000 banknotes will remain valid indefinitely, refuting claims that the notes would cease to be legal tender by December 31, 2024.


In a statement released on Thursday by The acting Director of Corporate Communications, Sidi Hakama, the CBN emphasised that such reports are false and intended to disrupt the nation’s payment system.


The statement read, “The attention of the Central Bank of Nigeria has been drawn to discussions at different fora suggesting that the old series of the N200, N500, and N1,000 banknotes shall cease to be legal tender on December 31, 2024. We wish to state categorically that such claims are false and calculated to disrupt the country’s payment system.


“For the avoidance of doubt, the order of the Supreme Court of Nigeria on Wednesday, November 29, 2023, granting the prayer of the Attorney-General of the Federation and Minister of Justice to extend the use of old Naira banknotes ad infinitum, subsists.”


The CBN reaffirmed its commitment to ensuring that all Nigerian banknotes, including both the old and redesigned series, remain in circulation.

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