The PUNCH: The chaos trailing the cash scarcity has assumed a worrisome dimension with the organised private sector raising the alarm that the crisis has grounded the economy. Members of the organised private sector including the Lagos Chamber of Commerce and Industry, Nigerian Employers Consultative Forum, Nigerian Economy Summit Group, Nigerian Association of Small and Medium Enterprises and the Nigerian Association of Small-Scale Industrialists, spoke in separate interviews with The PUNCH on Monday
The Guardian: Ahead of tomorrow’s Supreme Court sitting on the suit filed by governors against the Central Bank of Nigeria’s (CBN) currency swap, the ruling All Progressives Congress (APC) is not leaving anything to chance in enforcing the apex court’s order over the controversial naira swap policy
Vanguard: The implementation of the Naira redesign and withdrawal of old banknotes by the Central Bank of Nigeria, CBN, has sucked in about N1.81 trillion from the Currency Outside Banks, CoB, while crashing Currency-in-Circulation to N1.4 trillion in January 2023.
This Day: The Presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, has accused governors of the All Progressives Congress (APC) of preparing the ground for anarchy in the country through their virulent utterances and outright confrontation posture over the naira redesign project of the Central Bank of Nigeria (CBN).
The Nation: Thousands of Nigerians, who have been starved of cash for weeks, raced to banks in Lagos, Ondo and Ogun states as well as Abuja, hoping on Central Bank of Nigeria’s (CBN) directive to banks at the weekend to make the old N200 notes available alongside the new N200, N500 and N1,000 notes.
Daily Trust: The Department of State Services (DSS) has stepped up investigations with a view to arrest and prosecutes the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over allegations of terrorism financing and fraud, Daily Trust reports.
