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[JUST IN] Cash Scarcity: NLC, CBN Meet In Abuja

Published

3 years ago

March 23, 2023

Editor

…We Pushed In N20bn On Thursday–CBN

In less than 24 hours after the leadership of the Nigeria Labour Congress, NLC, directed all its branches and affiliate unions to mobilize members for a shutdown of all the branches of the Central Bank of Nigerian, CBN, across the country, over cash scarcity, the apex bank on Thursday evening met with the NLC at the Labour House Abuja.

Recall that the Comrade Joe Ajaero-led NLC, had on Wednesday while addressing journalists said that activities in all branches of the CBN nationwide and the Abuja headquarters will be shut down on Wednesday next due to the cash crunch in the country.

Comrade Ajaero had advised workers to stockpile food items as the industrial dispute with the CBN will be total.

He said Nigerians have been subjected to untold hardship occasioned by the scarcity of naira notes to attend to medical needs and other areas of need.

It was gathered that the NLC threat to paralyze activities at the CBN necessitated the impromptu meeting which started at about 5 pm on Thursday.

The two man delegation made up of the CBN Deputy Gpvrrnor in charge of operations and the Deputy Governor in charge of Economic Pokicy, told the NLC President that about two billion naira was pushed out on Thursdsy in a bid to address the hardship.

A source privy to the meeting told Vanguard that the CBN promised to ensure that the scarcity of naira notes will come to an end as quickly as possible.

“They said the money they pushed out today is equivalent to the whole money pushed out within the week. They also promised to work day and night starting from this night to ensure that there is enough money in the banks,” the source said.

He further said that the CBN denied the allegation that it was printing money out of the country and that the Governor, Godwin Emefiele has directed that the old naira notes should be made available to customers.

Besides, the source denied the allegation that the old naira notes have been burnt, assuring that there will be remarkable improvement in few days to come.

It was gathered that the NLC President, Comrade Ajaero told the CBN delegation that he was not interested in how much that was pushed out, but only interested in seeing that workers and other Nigerians collect their money in banks without stress..

“The President told them that it does not bother us how much they pushed out, our concern is to see that this hardship comes to a stop.

“He also told them that they should work day and night to solve the problem and will depend on the feedback from the average Nigerians who go to the banks to make withdrawals whether there is improvement before Wednesday next week NLC planned to picket the apex bank ,” the source said.

When contacted, the NLC President, Comrade Ajaero, confirmed the meeting and said that the interest of the leadership is to see that Nigerians are able to withdraw their money devoid of the hardship they are passing through.

“We will only know that they are serious when we see improvement,” he added.

Headline

Woman Wanted Over Mutilation Of Boyfriend’s Genitals In US

Published

7 hours ago

October 9, 2025

Editor

Authorities in Toledo, Ohio, United States, are searching for a 45-year-old woman, Jeanita Hopings, accused of breaking into her boyfriend’s home and attacking him with a sharp object, causing serious injuries to his genitals.

As reported by PEOPLE on Thursday, warrants issued for Hopings’ arrest show she faces charges of felonious assault and aggravated burglary in connection with the October 7 incident.

Investigators allege that Hopings “forcefully kicked open the front door” of her boyfriend’s home before entering “without permission,” according to one of the warrants.

Once inside, she allegedly attacked the victim with an “unknown instrument,” inflicting a deep wound.

“The victim’s testicle was clearly exposed as the result of the laceration,” the warrant stated.

The man was taken to a nearby hospital for treatment, police confirmed.

Hopings has not yet been arrested and has not entered a plea to the charges. Court records from Lucas County indicate that she has no prior felony history, though she has previously faced several traffic-related misdemeanour offences.

Police say Hopings remains at large as the investigation continues.

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US To Execute Man Convicted Of Rape, Murder Of Teen

Published

11 hours ago

October 9, 2025

Editor

A 53-year-old man convicted of the 2001 rape and murder of a teenage girl is to be executed by lethal injection in the US state of Indiana on Friday.

Roy Lee Ward was sentenced to death in 2002 for the murder of 15-year-old Stacy Payne at her home in the town of Dale.

Payne was repeatedly stabbed and died of her injuries several hours after the attack.

Ward was arrested at the scene while still holding a knife.

The execution is to be carried out between midnight and sunrise on Friday morning at a state prison in Michigan City.

Ward will be the third person put to death in Indiana since the state resumed executions last year after a 15-year hiatus because of difficulties obtaining the lethal drugs used in them.

There have been 34 executions in the United States this year, the most since 2014, when 35 inmates were put to death.

Florida has carried out the most executions — 13 — followed by Texas with five and South Carolina and Alabama with four.

Twenty-eight of this year’s executions have been carried out by lethal injection, two by firing squad and four by nitrogen hypoxia, which involves pumping nitrogen gas into a face mask, causing the prisoner to suffocate.

The use of nitrogen gas as a method of capital punishment has been denounced by United Nations experts as cruel and inhumane.

The death penalty has been abolished in 23 of the 50 US states, while three others — California, Oregon and Pennsylvania — have moratoriums in place.

President Donald Trump is a proponent of capital punishment and on his first day in office called for an expansion of its use “for the vilest crimes.”

AFP

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Trump Gives Update On Israel, Hamas Peace Deal

Published

1 day ago

October 8, 2025

Editor

Trump Gives Update On Israel, Hamas Peace Deal

US President Donald Trump said Wednesday that he may go to the Middle East at the end of this week as a peace deal between Israel and Hamas in Gaza is “very close.”

Trump said during an event at the White House that he would “go to Egypt most likely” but that he would also consider going to war-torn Gaza.

“I may go there sometime toward the end of the week, maybe on Sunday, actually. And we’ll see, but there is a very good chance. Negotiations are going along very well,” Trump told reporters at the start of the event.

“Our final negotiation, as you know, is with Hamas, and it seems to be going well. So we’ll let you know, if that’s the case, we’ll be leaving probably on Sunday, maybe on Saturday.”

Near the end of the meeting, US Secretary of State Marco Rubio unexpectedly entered the room and handed Trump a note.

The US president told reporters the note said that “we’re very close to a deal” and that his presence was needed. “I have to go now to try and solve some problems in the Middle East,” he added.

Hamas and Israeli officials are having indirect talks in Egypt on a 20-point peace proposal unveiled by Trump to end the two-year-old war.

– ‘Very close’ –

Trump said as he began the event that he had come off the phone with officials in the Middle East, where his special envoy Steve Witkoff and son-in-law Jared Kushner had just joined discussions in Egypt.

“‘Peace for the Middle East,’ that’s a beautiful phrase, and we hope it’s going to come true, but it’s very close, and they’re doing very well,” Trump added.

“We have a great team over there, great negotiators, and they’re, unfortunately, great negotiators on the other side also. But it’s something I think that will happen.”

Asked if he would consider going to Gaza if a deal happens, Trump replied: “I would, yeah. I would. I might do that. I may do that. We haven’t decided exactly.”

Trump said he would insist on the release of hostages held by Hamas before traveling to the region.

Egyptian President Abdel Fattah al-Sisi said earlier that he had received “encouraging” signs and hailed the support of Trump.

Hamas too expressed “optimism” over the indirect discussions with its foe Israel.

Trump’s plan calls for a ceasefire, the release of all the hostages held in Gaza, Hamas’s disarmament and a gradual Israeli withdrawal from the territory.
AFP