Tag Archives: buhari

NATIONAL BROADCAST BY HIS EXCELLENCY MUHAMMADU BUHARI, PRESIDENT, FEDERAL REPUBLIC OF NIGERIA ON THE CHALLENGES OF THE CURRENCY SWAP AND STATE OF THE NATION, ON 16th FEBRUARY, 2023 My Dear Compatriots, I have found it necessary to address you today, on the state of the nation and to render account on the efforts of our administration to sustain and strengthen ...

The President of the Senate, Senator Ahmad Lawan has said that President Muhammadu Buhari will on Tuesday sign the 2023 appropriation bill. He stated this to State House correspondents on Friday after a closed-door meeting with the president at the Presidential Villa, Abuja. Lawan also disclosed that he discussed some national issues with the President, including the legislature’s support to ...

The Central Bank of Nigeria (CBN) has caved in to pressures on the controversial withdrawal limit it introduced by making upward review. The apex bank said individuals can now withdraw N500,000 cash weekly and up to N5 million for corporate entities from 9th January, 2023. In a circular issued on Wednesday and signed by the Director of Banking Supervision, Haruna ...

The Presidency has said no date has been fixed for President Muhammadu Buhari to meet with a delegation of Nigeria Governors Forum (NGF) over their rejection of the N100,000 and N500,00 cash limit for indidviduals and corporate organisations recently announced by the Central Bank of Nigeria (CBN). A presidential source said President Buhari’s itinerary is not known having just returned ...

President Muhammadu Buhari has formally  unveiled the newly redesigned naira denominations of ₦‎1000, ₦‎500 and ₦‎200 introduced by the Central Bank of Nigeria (CBN). The newly redesigned naira launch preceded the weekly Federal Executive Council (FEC) held inside the Council Chamber of the Presidential Villa, Abuja. Responding to questions from newsmen after the event on Wednesday CBN Governor, Godwin Emefiele, ...

Amid barrage of criticisms, President Muhammadu Buhari has said there was no going back on the planned redesign of the N1,000, N500, and N200 bank notes. It will be recalled that criticisms have trailed the announcement on October 26 by the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, that the apex bank would redesign the Naira. Speaking ...

President Muhammadu Buhari has presented the proposal for the 8th and final budget of his administration. The N20.15 trillion Budget was termed a Budget of Fiscal sustainability and transition. Buhari disclosed this on Friday morning while presenting the budget to the National Assembly. Buhari noted that the expenditure policy of the budget is to achieve policies set in the National ...

President Muhammadu Buhari has congratulated Abdul Samad Rabiu, Chairman of BUA Group, on his reappointment as President of the France-Nigeria Business Council by the President of France, Emmanuel Macron. The President commends Rabiu for his very pivotal role in nudging forward the objectives of the association inaugurated a year ago, and for retaining the trust and confidence of members of ...

The Presidency has approved the appointment of Anamekwe Chukwunyere Nwabuoku as the new Accountant-General of the Federation. The new development follows the recent suspension of Ahmed Idris over allegation of corrupt practices. Nwabuoku’s appointment by President Mohammadu Buhari was confirmed in a letter signed by the Permanent Secretary of Finance, Federal Ministry of Finance, Budget and National Planning, Aliyu Ahmed, ...

President Muhammadu Buhari has inaugurated the first Central Bank of Nigeria (CBN) internet-enabled branch in Lafia Nasarawa State. Speaking about the building when the President broke away from his Nasarawa State visit to commission the building, CBN governor Godwin Emefiele said the new branch “is one of the nine new internet-enabled offices of CBN constructed to ensure central bank has ...