Maulana Madani, the president of Jamiat Ulama-i-Hind (JUH), one of India’s oldest and most-respected Muslim organisations, has been named the Muslim man of the year for 2023.
Muslim 500: Buhari named 17th most powerful Muslim, Sultan of Sokoto 18th
The governor of the central bank, Godwin Emefiele, announced on Wednesday that new naira notes would be issued by December 15
The clarification was in response to a Peoples Gazette article detailing how NAPIMS spent N89.9 billion on media relations in 2021.
The apex bank insisted it received President Buhari’s approval to redesign, produce and circulate new naira notes.
The hike follows the CBN’s announcement of plans to phase out some banknotes and replace them by December.
Mr Emefiele disclosed that about 80 per cent of the country’s currency in circulation are outside the vaults of commercial banks across the country.
The amount represents an increase of 335 per cent against the N20.69 billion spent in 2020.
NBS, in a report released on Monday, revealed that the average fare rose to N72,690.54 in September 2022 from N36,922.97 in September 2021.
AdekunIe Sonola, was appointed as the new Managing Director/Chief Executive Officer.
