Tag Archives: N500

A video of a Nigerian cleric, Prophet Okeke chiding his church members over the offering they give has been shared online.    In the video, Prophet Okeke asked why his church members would have N1million and give God N500.   According to him, it is only an oracle that accepts …

The economic crunch occasioned by the removal of fuel subsidy has grossly affected commercial sex workers in Kano State as they have been complaining about low patronage by their customers.   They expressed their pains while fielding questions from the News Agency of Nigeria (NAN) in Sabon Gari area of …

The House of Representatives has approved the request of President Bola Ahmed Tinubu for an amendment to the 2022 appropriation act to allow the Federal Government to take N500 billion for palliatives to Nigerians to cushion the pains of subsidy removal.   The lawmakers approved the request during plenary today …

Nollywood actor, Uche Maduagwu has reacted to the cheating scandal surrounding Afrobeats superstar, Davido. Recall that a US model known as Anita Brown had alleged that Davido impregnated her. The New Yorker took to social media to share evidence of their alleged affair. Reacting to the allegations, Maduagwu expressed shock …

Popular Nigerian comedian cum film actor, Ayo Makun has disclosed how he lost N500m after refusing to listen to an advice from his wife. Speaking during an interview with Chude Jidenowo, AY revealed how he started a nightclub business that crashed after a huge investment of N500 million. The comedian …

The Central Bank of Nigeria has debunked reports claiming President Buhari has ordered the recirculation of the old N500 and N1000 notes.    A fake circular shared by some Nigerians including the first lady of Nigeria, Mrs Aisha Buhari, claimed the President gave the order on February 20.     …

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Muhammadu Buhari over “the unlawful directive banning the use of old N500 and N1,000 banknotes, which goes against the interim injunction granted by the Supreme Court that the old N200, N500, and N1000 notes remain legal tender.” …

10 states have approached the Supreme Court to set aside President Muhammadu Buhari’s ban of N500 and N1,000 notes.   The state governments in the lawsuit filed by their counsel, A.J. Owonikoko (SAN), asked the apex court to declare the President’s directives in his Thursday February 16, broadcast as unconstitutional. …

The Central Bank of Nigeria has debunked news that it has granted approval for commercial banks to  collect the old N500 and N1000 notes from Nigerians.   Earlier today, it was widely reported that the apex bank has asked all commercial banks to collect the old notes. In a statement …

The Central Bank of Nigeria has reportedly ordered commercial banks to start collecting the old N500 and N1,000 notes from the public with immediate effect. It, however, pegged the maximum amount the banks can collect at N500,000.   Punch reports that a source from the apex bank said the CBN …