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2 Fake Foreign Notes Seller Arrested in Abuja

Piroll

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1 month ago

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NAIJA NEWS: 2 Fake Foreign Notes Seller Arrested in Abuja [New Naija News] » Naijacrawl
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The Federal Capital Territory FCT Police Command has apprehended two suspects for allegedly selling fake dollar notes to Abuja residents.

Read Also : Young lady arrested with fake #1000 notes in Lagos



The suspects, one Abdullahi Yahaya of Nasarawa State and Gold Ebere of Jabi were arrested at Tin Can Resort Garden in the Jabi area of the territory.


The FCT Commissioner of Police, Benneth Igweh made the disclosure on Thursday while parading about five suspects at the command’s headquarters.


The CP revealed that the suspects were in “possession of thirty-six (36) bundles of fake hundred (100) US dollar($) notes”.


“They confessed to being members of an eight 8 man gang who specializes in the interstate sale of fake dollar notes and have sold several of the fake notes to unsuspecting residents of FCT before they ran out of luck and were apprehended

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Piroll
 

Piroll is a creative writer, social-political commentator, socio-researcher, and sports analyst. He holds certificates in media management and data journalism from the Thomas Foundation Institute of Journalism. He works as a... Read More

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Naija News

Supreme Court Decides Old Naira Notes to Stay Legal Tender

Piroll

Published

4 months ago

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NAIJA NEWS: Supreme Court Decides Old Naira Notes to Stay Legal Tender [New Naija News] » Naijacrawl
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The Nigeria Supreme Court issued a ruling on Wednesday, declaring that the Old Naira notes will continue to be accepted as legal tender in the country until further notice.This decision follows an earlier extension granted by the apex court in March 2023, pushing the deadline for the phasing out of old Naira notes to December 31, 2023. Notably, the federal government sought an additional extension for the old Naira notes on November 21, 2023.In its latest ruling in...
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Naija News

Old & New Notes Remain Legal Tender - CBN

Piroll

Published

5 months ago

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NAIJA NEWS: Old & New Notes Remain Legal Tender - CBN [New Naija News] » Naijacrawl
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The Central Bank of Nigeria has instructed all its branches nationwide to continue issuing various denominations of both old and redesigned banknotes in ample quantities to deposit money banks.The apex bank disclosed this in a statement signed by its Director, Corporate Communications, Isa AbdulMumin, and posted on its X handle on Wednesday.This comes in response to reports of cash shortages in major cities, despite earlier assurances from the CBN about sufficient c...
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Naija News

Relief as banks begin issuance of naira notes today

Victorious

Published

1 year ago

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NAIJA NEWS: Relief as banks begin issuance of naira notes today [New Naija News] » Naijacrawl
Photo: Naijacrawl
There’s a sense of relief in the air following the directive of the Central Bank of Nigeria (CBN) mandating commercial backs to commence in earnest issuance of naira notes of various denominations to customers.In a bid to cushion the effect of the cash crunch caused by its cashless policy, the CBN said it has evacuated banknotes from its vaults to commercial banks across the country with the hope of ending the devastating Naira scarcity.This was contained in a state...
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