News
Old Naira Notes No More Legal Tender In Nigeria — CBN
The Central Bank of Nigeria (CBN) has declared that the old Naira Notes of N200, N500 and N1000 have ceased to be legal tender in Nigeria since the 10th of February, 2023.
The declaration was made by the Branch Controller of the Central Bank of Nigeria (CBN), Bauchi, Haladu Idris Andaza while briefing Journalists on Monday at the CBN, branch in Bauchi.
He said that “In the last 24 hours, we have been inundated by questions from various angles of the general public about our operational guidelines on the old currency notes, be that as it may, there are so many questions here and there which people have been asking about.”
According to him, “So for the avoidance of doubt, we wish to state categorically that CBN is ready and is opened to receive all of those old notes based on certain conditions and criteria.”
“Customers are free to come to the Bank and deposit which they cannot do at the Commercial Banks anymore because the currency has seized to be a legal tender since the 10th of this month.
Consequently, the management of the CBN decided that those customers will have a sigh of relief by coming to the offices of the CBN in all the 36 states in the Federation including FCT to deposit their money.
“The customer has to go to the CBN portal and fill a form in the portal, there will be a form there concerning this currency redesign and exchange.”
Andaza further explained that “After filling the form, you generate a code, you either print it or come with it in your mobile phone, give us the code and the information contained therein. In the form, you are expected to provide all the basic information about yourself, your account details and the amount you want to deposit.
“By the time you have done it correctly, you come to the CBN where the code will be accepted from you as well as the money, process and confirm the genuineness or otherwise of the money to avoid receiving fake notes because there are some fake notes in circulation now.”
He warned that “If anyone wants to try us by bringing in fake notes, he should be ready to be arrested, so don’t go and print old fake naira notes and bring them to the CBN, whatever happens to you, don’t blame us, you caused it.”
He however assured that “We will receive the money from you and do our internal checks before we give you an acknowledgement which is evidence to show that we have collected that amount from you and we go ahead with our internal processes, after finishing with the internal processes, we now hit your account and credit it through your Commercial bank.
“All the Commercial banks are expected to bring all old notes deposited to us and we will collect, that is the final. Some of the Banks have started depositing with us because they want to close their books, as soon as they do that, they will not collect from customers again, that is the reason CBN decided to open this portal for the general public especially the vulnerable who are still having problems of cash used for trading and now that the deadline has expired, they need to deposit their money.
“The CBN is trying to minimize risk involved in losing that money, we are trying to minimize hardship also, we know that people are having some hardship, people are suffering, we not unmindful of that fact, that why the management of the CBN has magnanimously decided to open that portal to assist those who were unable to deposit the money into their bank accounts, that is our process flow in a nutshell.
News
Nnamdi Kanu moved to Sokoto prison, says lawyer
Nnamdi Kanu, the leader of the Indigenous People of Biafra (IPOB), has been transferred to a correctional facility in Sokoto, Nigeria, following his life sentence for terrorism charges.
His lawyer, Aloy Ejimakor, announced the move on social media, expressing concern about Kanu’s distance from his family and legal team.
Kanu was sentenced to life imprisonment on Thursday by Judge James Omotosho of the Federal High Court in Abuja for counts one, four, five, and six of the seven-count charge. He also received additional prison terms for other charges.
The judge cited Kanu’s violent tendencies and deemed him unsuitable for Kuje prison, ordering that he be placed in protective custody.
The items retrieved from Kanu, including a smuggled transmitter, will be forfeited to the federal government.
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Police, School Owner Dismiss Viral Kidnap Claims in Nasarawa
The Nasarawa State Police Command and the management of St. Peters’ Foundation Secondary School have debunked reports alleging that students were kidnapped from the school premises on Friday.
The false claims, which spread rapidly across social media, suggested that suspected kidnappers invaded the school located in the state.
However, during a voice call facilitated by the Police Public Relations Officer, Ramhel Nansel, and shared with TVC News Digital, the school proprietor, Peters Ezegwoya, dismissed the reports as baseless.
Ezegwoya clarified that the alarm was triggered when students heading to the school field for their Physical and Health Education (PHE) practicals sighted armed local hunters. Their presence led to panic, prompting teachers to escort the students back to their classrooms.
He explained:
“This is a rumor. The students were on the school field for their Physical and Health Education practical when one student raised a false alarm. After teachers sent the students back to their classrooms, they continued spreading the unfounded rumor about a kidnapping on school grounds. It is entirely false.”
The Police Command has urged the public to disregard the misinformation and avoid sharing unverified reports capable of causing unnecessary panic.
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Niger Confirms Fresh School Attack, Blames Management for Ignoring Security Warning
The Niger State Government has confirmed the abduction of students and staff of Saint Mary’s Catholic School in Papiri, Agwara Local Government Area, following a bandit invasion on Friday.
Bandits were reported to have stormed the school between 2am and 3am, whisking away an unverified number of pupils and staff. Earlier, the Head of Department, Disaster and Relief in Agwara LGA, Ahmed Abdullahi Rofia, confirmed the incident by phone but withheld details.
In an official statement, Secretary to the State Government (SSG), Abubakar Usman, said intelligence received earlier had prompted the state to order the closure of all boarding schools in the threatened areas. He noted that the affected Catholic school defied this directive and reopened without notifying the government.
Usman said:
“The Niger State Government has received with deep sadness the disturbing news of the kidnapping of pupils from St. Mary’s School in Agwara Local Government Area. The exact number of abducted pupils is yet to be confirmed as security agencies continue to assess the situation.”
According to him, the government had issued a security advisory after credible intelligence indicated heightened threats across parts of the northern senatorial district.
“In response to these credible security alerts, the State Government had earlier issued a clear directive suspending all construction activities and ordering the temporary closure of all boarding schools within the affected zone as a precautionary measure.
“St. Mary’s School, however, proceeded to reopen and resume academic activities without notifying or seeking clearance from the state.”
He added that security agencies have launched a full-scale investigation and search-and-rescue operation to ensure the safe return of the abducted victims.
“The Niger State Government is in close communication with all relevant security formations and will provide continuous updates as more information becomes available.”
The government urged school proprietors, community leaders, and stakeholders to strictly adhere to security advisories to avoid preventable tragedies, stressing that safeguarding the lives of children remains a top priority.
The latest attack comes as insecurity resurges across some northern states. Recently, the Kwara State Government shut down over 50 schools due to similar security concerns.
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BREAKING: Court Sentences Nnamdi Kanu to Life Imprisonment
Justice James Omotosho of the Federal High Court in Abuja has sentenced Nnamdi Kanu, leader of the proscribed Indigenous People of Biafra (IPOB), to life imprisonment, marking a major climax to a decade-long trial.
The judgment, delivered on Thursday, comes four years after Kanu was arrested in Kenya under controversial circumstances and returned to Nigeria to face terrorism charges.
Kanu was convicted on all seven counts bordering on terrorism, despite pleading not guilty throughout the trial.
The judgment was delivered in his absence after he insisted that the court would not deliver judgment in the case. His refusal to participate prompted Justice Omotosho to order security operatives to remove him from the courtroom over what the judge described as “unruly behaviour.”
In his ruling, Justice Omotosho held that several of Kanu’s broadcasts on Radio Biafra amounted to acts of terrorism, noting that his rhetoric was intentionally violent and targeted at destabilizing the country.
He added that Kanu’s sit-at-home directives in the South-East constituted terrorism, describing the order as a violation of citizens’ constitutional right to freedom of movement.
The court further stated that evidence before it showed Kanu had carried out “preparatory acts of terrorism” through broadcasts in which he allegedly ordered attacks on police and military personnel.
Justice Omotosho concluded that Kanu committed acts of terrorism against the Federal Republic of Nigeria, warranting the sentence imposed.
News
FG Seeks Death Penalty for Nnamdi Kanu After Terrorism Conviction
The Federal Government has urged the Federal High Court in Abuja to impose the death penalty on Nnamdi Kanu, leader of the proscribed Indigenous People of Biafra (IPOB), following his conviction on seven counts of terrorism on Thursday.
Justice James Omotosho delivered the judgment after ruling that the prosecution had proved its case beyond reasonable doubt, finding Kanu guilty on all seven charges.
Moments after the conviction, the Federal Government’s lead counsel, Adegboyega Awomolo, SAN, asked the court to apply the maximum punishment prescribed under the Terrorism Prevention (Amendment) Act, 2013.
Awomolo told the court that several of the offences for which Kanu was found guilty carry a mandatory death sentence.
“My Lord, consequent upon the conviction, nothing further remains but the lawful imposition of sentence. The punishment prescribed for the offences in Counts One, Two, Four, Five and Six, pursuant to Section 12H of the Terrorism Prevention Amendment Act 2013, is death,” Awomolo said.
“With all sense of humility, I say as a prosecutor that this court has no discretion in that regard. The only sentence Your Lordship can impose for Counts One, Two, Four, Five and Six is death, because the law empowers you to do so, and we expect that you will.”
Sentencing is expected to follow after the court considers all submissions from both sides.
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