News
JUST IN: Emefiele Arrives Villa, Urges Compliance To Buhari’s Directive

The President of the Central Bank of Nigeria, Godwin Emefiele, on Thursday, said he had met with the leadership of at least 15 commercial banks since the President, Major General Muhammadu Buhari (retd), announced his latest directive on the new Naira policy.
Emefiele’s visit comes hours after the President, in a televised message, announced that only the old N200 note will remain a legal tender until April 10, 2023.
The CBN Governor was at the State House, Abuja, for a separate assignment (not with the President).
READ ALSO: New Naira: Buhari Meets Reps Adhoc Committee At Villa
He said the meeting with the bank executives earlier on Thursday was to ensure an ample supply of the old N200 notes to alleviate the sufferings of Nigerians.
The PUNCH reports that Buhari had earlier on Wednesday said the old N500 and N1,000 banknotes are no longer legal tender in the country.
He, however, said the old N200 note will be legal tender for the next 60 days, till April 10, 2023, while beseigning Nigerians to deposit their old N500 and 1000 notes with the CBN.
The president said, “Let me re-assure Nigerians, that strengthening our economy, enhancing security and blockage of leakages associated with illicit financial flows remain top priority of our administration. And I shall remain committed to my oath of protecting and advancing the interest of Nigerians and the nation, at all times.
“In the last quarter of 2022, I authorised the Central Bank of Nigeria to redesign the N200, N500, and N1000 Nigerian banknotes.For a smooth transition, I similarly approved that the redesigned banknotes should circulate concurrently with the old bank notes, till 31 January 2023, before the old notes, cease to be legal tender.
“During the extended phase of the deadline for currency swap, (from Jnuary 31 till February 10) I listened to invaluable pieces of advice from well meaning citizens and institutions across the nation.
“I similarly consulted widely with representatives of the State Governors as well as the Council of State. Above all, as an administration that respects the rule of law, I have also noted that the subject matter is before the courts of our land and some pronouncements have been made.
READ ALSO: Naira Redesign: I Want To Remove Money From Politics – Buhari Makes Confession
“To further ease the supply pressures particularly to our citizens, I have given approval to the CBN that the old N200 bank notes be released back into circulation and that it should also be allowed to circulate as legal tender with the new N200, N500, and N1000 banknotes for 60 days from February 10, 2023 to April 10 2023 when the old N200 notes ceases to be legal tender.”
He continued, “In line with Section 20(3) of the CBN Act 2007, all existing old N1000 and N500 notes remain redeemable at the CBN and designated points. I admonish every citizen to strive harder to make their deposits by taking advantage of the platforms and windows being provided by the CBN.”
News
Oke-Oroma Elders Accuse Edo-GIS Officials of Reviving Obaseki’s Controversial Coral City Project

Elders of the Oke-Oroma community in Edo State, have raised concerns over alleged attempts by certain elements within the Edo State Geographic Information Service, Edo-GIS, to revive the outlawed Coral City template, a project initiated by former Governor Godwin Obaseki’s administration.
They claimed that this clandestine move by these elements in EDOGIS is aimed at undermining and frustrating the progress made in affirming and redeeming Governor Monday Okpebholo’s earlier solemn promises to the people.
Recall that the Edo State Government in a press release dated October 8, 2025, warned land grabbers, encroachers and speculators to steer clear the land in Obagie community designed for Coral City by the immediate past government, after it was reportedly speculated that some people have encroached the said area.
In a press statement jointly signed by the Head of the Community, Gaius Emokpae and the Secretary, Monday Omorogiuwa and made available to the newsmen yesterday, the duo disclosed that Okpebholo has been working round the clock to address the issues surrounding the Oke-Oroma land disputed area, but faced with these elements who are hiding under government to escalate tension.
READ ALSO:Edo State Government Pays Last Respect To Late NSCDC Commandant
They revealed that in continuation of the former governor Obaseki’s manipulative tendencies, these elements have also reportedly established another new company named EDO NEW TOWNS DEVELOPMENT COMPANY LTD to replace the CORAL CITY with the directors purely their political associates, Blood relatives and friends.
The gang up, according to Emokpae, is between Obaseki’s loyalists and these elements in EDOGIS who are attempting to silence governor Okpebholo’s decision on the issue.
The statement partly reads, “After Governor Monday Okpebholo was inaugurated on November 12, 2024, he visited the community and made a solemn promise to return our village to us after carrying out their investigations.
“When we visited him in the office he told us that the government had revoked the C of C of the people the former governor sold to, notably the “Coral City”. He told us to go back home and take over our land and start development.
READ ALSO:CSOs, Academia, Impacted Communities Launch Climate Justice Campaign In Edo
“The pronouncement was greeted with a thunderous ovation. We are now in the process of completing the legal documentation to conclude this milestone transaction
“But some powerful people in EDO-GIS are hiding under the umbrella of governance to re-invent the ex-governor Obaseki’s template specifically the Coral City to reverse the decision of Governor Monday Okpebholo.”
While lamenting their moves, the duo emphasized that despite the governor’s clear intention on revoking the Coral City to allow the owners go back to their lands, the bank account used for the operations of the Coral City is still functional where some financial transactions were recently carried out between some people invited to purchase some piece of plots and EDO-GIS Officials.
Despite existing as an ancestral home date back 15th century ago, Oke Oroma Community had been immersed in communal boundary disputes with neighbouring villages including Amagba, and Obazagbon villages in Oredo Local Government, and Obagie N” vbuosa in Ikpoba Okha Local Government Area since June 2012, four months after the death of Pa Joseph Emokpae, the last Odionwere of the community.
READ ALSO:Police Alert Public On Anonymous Bomb Threats In Edo
Since then the crisis escalated, and not less than 25 people have been killed with property worth billions of Naira by the former governor Obaseki’s backed loyalists and suspected land grabbers across the neighboring communities.
They expressed worry that if allowed to continue, this could lead to renewed tensions and violence in the area.
The elders, in the statement, are urging individuals seeking personal benefits to desist and work with the governor whose magnanimity is well known from the beginning of his administration as he takes necessary steps to prevent any further escalation of the situation and ensure the continued peace and stability of the community.
Several calls put across to the Media Director of Edo-GIS by INFO DAILY for a response on the allegations, did not go through, as the network response: “The number you dial is switched off.”
News
Tenebe Threatens To Suspend Edo Commissioner Who Fails To Wear Asiwaju’s Cap

Chairman of the All progressives Congress in Edo State, Jarrett Tenebe, has said that any Commissioner sent out of the State Executive Council meeting for not wearing Tinubu’s signature cap would be suspended from the party.
Recall that Governor Monday Okpebholo had, during the Inauguration of the last batch of Commissioners, to wear the cap whenever they attend Exco meeting.
Tenebe in a television interview and monitored by our reporter said it was an act of indiscipline and insubordination for any Commissioner not to obey Okpebholo’s directive.
He said any impediment for Edo APC not to achieve 3.5 million votes for President Tinubu in 2027 would not be tolerated.
READ ALSO:Tenebe Fingers Edo APC Chieftains As Plot To Replace Him As Chair Thickens
He said, “If you refuse to wear the cap as the governor has directed, we will suspend you. That is indiscipline and insubordination.
“We are doing it because we have made a promise that 3.5 million votes are guaranteed. Everybody has keyed into realising the 3.5 million votes.
“If, as a member of the APC, you got an appointment, you are supposed to be loyal to the President.
“We are expressing our loyalty to the President by wearing the cap. Those complaining are not members of the APC. We, in Edo, have made it clear. No Asiwaju cap, no Exco.”
News
Police Alert Public On Anonymous Bomb Threats In Edo

The Edo State Police Command has alerted corporate organisations and members of the public to a wave of anonymous bomb threats being used by unidentified fraudsters to extort money.
The warning was contained in a public advisory issued on Monday by the Assistant Public Relations Officer, ASP Eno Ikoedem.
She said the command is investigating what it described as clear attempts to extort through fear and intimidation.
“The Edo State Police Command has observed a disturbing crime trend involving anonymous callers threatening individuals, business owners, and corporate organisations in Edo State, claiming that explosive devices have been planted within their premises.
READ ALSO:Edo State Government Pays Last Respect To Late NSCDC Commandant
“The callers then demand money, threatening to detonate the alleged explosives if their demands are not met. These acts are clear attempts at extortion through fear and intimidation, and the Command is actively investigating reported cases,” Ikoedem said.
In light of the development, the command urged members of the public to remain calm.
She added, “Do not panic or give in to any financial demands from such callers. The Command’s Explosive Ordnance Disposal (EOD) unit is fully capable of detecting and neutralising explosives.
“Report all such calls or messages immediately to the nearest police station or to the Command’s Control Room via 08077773721 or 08037646272.
READ ALSO:Tenebe Fingers Edo APC Chieftains As Plot To Replace Him As Chair Thickens
“Avoid spreading unverified information or causing unnecessary panic.
“Stay vigilant and report any suspicious persons, objects, or movements in your surroundings.”
Meanwhile, the Commissioner of Police, Monday Agbonika, has ordered the deployment of specialised units, including the EOD team, Intelligence Bureau, and Tactical Squads, to respond swiftly to any reported threats and safeguard the public.
The Command also confirmed it is working closely with telecommunication providers and other security agencies to trace and apprehend the perpetrators.
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