Business owners, traders, and transporters in the Federal Capital Territory, Abuja, are defying the Central Bank of Nigeria’s directive on accepting old N500 and N1000 notes as legal tender 17 hours after the bank’s announcement.The Daily Post reported that the country’s apex bank on Monday bowed to the March 3 Supreme Court’s ruling and issued a statement that the old naira notes remain legal tender until December 31.Investigations by the Daily Post, however, found...

Governor Rotimi Akeredolu of Ondo State on Thursday urged traders in his state to accept the old N200, N500 and N1000 notes.Akeredolu said this while decrying the rejection of old naira notes by business owners and traders in Ondo.In a statewide broadcast in Akure, the governor said the rejection of the old naira notes currency was a flagrant disobedience of the law.“It’s imperative that I address you today because of the need to halt a self-induced pain currently b...

Some traders yesterday in Ogidi, Anambra state, Southeast Nigeria, have violently resisted the devastating effect of sit-at-home protest against the continued detention of Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB), by burning one of the enforcers of the exercise.The young man who is seen in the video struggling with the fire later stood up and started running before being stopped by the mob.The alleged sit-at-home enforcer was knocked down and a...