• Latest
  • Trending
  • All
  • Business
  • Politics
Northern traders laud Matawalle’s order on old naira

Northern traders laud Matawalle’s order on old naira

February 12, 2023
CBN orders banks to open Saturdays, Sundays

CBN orders banks to open Saturdays, Sundays

March 24, 2023
British’s King Charles III postponed visit to  France over unrest 

British’s King Charles III postponed visit to  France over unrest 

March 24, 2023
Major blow for Indian opposition as parliament bars Congress leader Gandhi

Major blow for Indian opposition as parliament bars Congress leader Gandhi

March 24, 2023
Breaking: Appeal Court reinstates Adeleke, slammed Oyetola with N500,000 fine

Breaking: Appeal Court reinstates Adeleke, slammed Oyetola with N500,000 fine

March 24, 2023
Rebirth of new Okigwe is possible, Eze Ohanwe charges elected political leaders

Rebirth of new Okigwe is possible, Eze Ohanwe charges elected political leaders

March 23, 2023
Festus Keyamo petitions DSS, requests Obi, Datti arrest

Festus Keyamo petitions DSS, requests Obi, Datti arrest

March 23, 2023
Indian court jails opposition leader Rahulf for two years over defamation

Indian court jails opposition leader Rahulf for two years over defamation

March 23, 2023
Ukraine says it’ll soon launch counterstrike on Russia

Ukraine says it’ll soon launch counterstrike on Russia

March 23, 2023
AMVCA awards nights holds May 20

AMVCA awards nights holds May 20

March 23, 2023
Omotola celebrates husband’s birthday,  27th wedding anniversary

Omotola celebrates husband’s birthday,  27th wedding anniversary

March 23, 2023
Swiatek injured,  pulls out of Miami Open tournament

Swiatek injured,  pulls out of Miami Open tournament

March 23, 2023
UNICEF says Nigeria may not achieve SDG on water by 2030

UNICEF says Nigeria may not achieve SDG on water by 2030

March 23, 2023
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, March 25, 2023
  • Login
News Hour
  • Breaking News
  • Business
  • Politics
  • Sports
  • Entertainment
  • Crime
  • Agriculture
  • Columns
  • Health
No Result
View All Result
News Hour
No Result
View All Result
  • Politics
  • Breaking News
  • Business
  • Sports
  • Entertainment
  • City Report
  • Agriculture
  • Crime
  • Health
  • Columns
Home Business

Northern traders laud Matawalle’s order on old naira

by News hour
February 12, 2023
in Business, City Report
Reading Time: 1 min read
0
Northern traders laud Matawalle’s order on old naira

The Amalgamated Union of Northern Traders has endorsed a directive by Governor Bello Matawalle of Zamfara State that security men should arrest anybody who rejects old naira notes during transactions.
The traders made their position on the matter known during a press conference in Sokoto State.
According to PUNCH reports,  Matawalle and his Kogi and Kaduna state counterparts dragged the Federal Government to the Supreme Court seeking an order to extend the validity of the old N200, N500 and N1000 notes.
The Supreme Court, in its ruling on Wednesday, stopped the CBN from implementing the February 10 deadline for the validity of the old notes as legal tender.
The group’s youth leader, Alhaji Sanusi Nufawa, noted that the informal sector could only be revived if leaders took drastic decisions to make people do transactions with both old and new notes just like Matawalle noted
He expressed optimism that the circulation of old notes and gradual withdrawal and replacement of old with new notes would ease people’s sufferings.
According to him, he was convinced that those against Matawalle’s action and victory at the Supreme Court are either misguided or blinded by political chauvinism.
The trader leader further commended the governor for openly standing behind his people than becoming a burden like others doing now; using the suffering for political gains.
He also commended the National Council of State in their resolution to the government on producing more naira notes and considering people’s plights

News hour

News hour

  • Trending
  • Comments
  • Latest
Governing Council of Senator Ben Uwajumogu  College of Education appoints Chinyere Nwachukwu  As Acting Provost

Governing Council of Senator Ben Uwajumogu  College of Education appoints Chinyere Nwachukwu  As Acting Provost

July 29, 2022
Imo community sends SOS to Governor Uzodimma

Imo community sends SOS to Governor Uzodimma

August 22, 2022
2023: Peter Obi makes promises as he visits Mbaise nation

2023: Peter Obi makes promises as he visits Mbaise nation

February 18, 2023

Lady Gaga Pulled Off One of the Best Halftime Shows Ever

0

Barack Obama’s Now Mainly Focusing on Wearing This Casual Backwards Hat

0

Watch Justin Timberlake’s ‘Cry Me a River’ Come to Life in Mesmerizing Dance

0
CBN orders banks to open Saturdays, Sundays

CBN orders banks to open Saturdays, Sundays

March 24, 2023
British’s King Charles III postponed visit to  France over unrest 

British’s King Charles III postponed visit to  France over unrest 

March 24, 2023
Major blow for Indian opposition as parliament bars Congress leader Gandhi

Major blow for Indian opposition as parliament bars Congress leader Gandhi

March 24, 2023
News Hour

Copyright © 2021 News Hour

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Agriculture
  • Crime
  • Business
  • Sports
  • Politics
  • City Report
  • Health
  • Columns

Copyright © 2021 News Hour

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In