The Age Newspaper Online

The Central Bank of Nigeria (CBN) has denied plans to re-denominate the naira, saying, the statement credited to it on the various social media platforms is fake. Messages making the rounds on social media platforms such as WhatsApp and Facebook claim that the CBN plans to introduce a new naira policy that will see the naira being redenominated. According to the message, the redenomination process will take place by dropping two zeros from the currency or moving two decimal places to the left. The message read, “The name of the national currency will still be the Naira. However, during the transition period, the existing Naira will be referred to as the “Old Naira”, and the new one to be called the “New Naira”. After the transition period, the word “New” may be dropped. For example, the following equivalents will obtain as we re-denominate: “50 kobo Half kobo; N1 = 1 kobo coin; N2 = 2 kobo coin; N5 = 5 kobo coin; N10 = 10 kobo coin; N20 = 20 kobo coin; N50 = 50 kobo coin or note; N100 ...

By Jerry Jatdul My Role Aid Mission, a non profit organisation on Thursday October 26, 2023, held its 2nd annual lectures and  Awards with the theme “Plateau State: The Past and Present Future”.  The lecture and unveiling of the    Magazine was held at the Crest Hotel and Gardens, Old Airpprt Road Jos. His Royal Highness the Mishkaham Mwaghavul Da John Putmang Hirse the President of the Mangu Traditional Council of Plateau State represented by the Barde Mangu, Chief Musa Paul thanked the organisers of the noble programme aimed at finding solutions to problems confronting the state. Delivering his Keynote address at the event with the Topic “Plateau Element”, was Dr. Tanko Ahmed a fellow of the War College, Nigerian Defence Academy NDA, urged Plateau citizens to unite irrespective of tribal or ethnic differences to move the state forward. In her paper presentation, Mrs Helen Dabup who also doubles as the Executive Secretary of the Local Government Staff Pension Board spoke on gender inc...