Banks only authorised to dispense new banknotes via ATMs as CBN insists on January 31 deadline - Newstrends
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Banks only authorised to dispense new banknotes via ATMs as CBN insists on January 31 deadline

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The Central Bank of Nigeria (CBN), yesterday, clarified that for now, banks were only authorised to dispense the new N200, N500 and N1, 000 banknotes through Automated Teller Machines (ATMs). The apex said it had intensified efforts to ramp up circulation of the new notes.
The bank, also yesterday, reiterated that there would be no extension of the January 31 deadline for the return of old N200, N500 and N1, 000 notes to the banks.

In addition, the central bank, in collaboration with the National Orientation Agency (NOA) and various market associations, would beginning from tomorrow commence aggressive enlightenment and public awareness campaign on the naira redesign project as well as the need to properly handle the naira notes.
A top official of the central bank, who pleaded to remain anonymous, disclosed these in a brief chat with THISDAY yesterday night.

Speaking on the distribution of the new naira notes, the official said, “Banks are barred from distributing the new notes over-the-counter. All new notes must go to the ATMs. The directive to the banks from the central bank is that as they must dispense through their ATMs nationwide and people can go to the ATMs to collect the money. They cannot dispense the new notes across the counter for now until the exhaust the new notes. And when that happen   they can then upload the old notes. Until they get another supply of new notes.

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“That is the only  way  to ensure that the new notes are being circulated. Otherwise, what the banks were doing from our intelligence, was that they were holding the cash and giving it to high profile individuals and customers over-the-counter and not circulating it to ordinary customers. So, we decided they must only dispense it through ATM machines for now until it fully circulates in the financial system.”

The source warned that banks caught breaching this directive would face stiff sanctions.
Meanwhile, the central bank, in collaboration with the NOA and various market associations, in what has been tagged, “Market Storm,” would commence aggressive public enlightenment on the naira redesign project from tomorrow.

On Tuesday, the exercise would hold in various markets in Gombe, Minna and Asaba, in the first phase, and also hold in Kano, Ogun and Onitsha this Thursday. The exercise would be extended to other major cities across the country from next week.

“The essence is to continue to enlighten market people on why the naira redesign project was embarked upon, let Nigerians know that they should respect the naira and also encourage them to embrace alternative payment channels,” the source added.
CBN Governor, Mr. Godwin Emefiele, had on October 26, 2022, announced the central bank’s resolve to redesign, produce, and circulate new series of the N200, N500, and N1, 000 denominations.

Emefiele had said the move would help to manage money supply, tackle currency counterfeiting and terrorism, among others.
The circulation of the new banknotes commenced on December 15, 2022, while the new and existing currencies remain legal tender and circulate together until January 31, 2023, when the existing currencies shall seize to be legal tender.

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Emefiele had insisted that the January 31 deadline remained sacrosanct, adding that the 100 days provided for people to deposit existing banknotes in commercial banks was adequate.
President Muhammadu Buhari, subsequently, on November 23, 2022, unveiled the redesigned banknotes during the weekly Federal Executive Council (FEC) meeting.

At the weekend, following criticism of the quality of the new banknotes, the Nigerian Security Printing and Minting Plc (NSPM) had assured Nigerians that the currencies were of the highest quality as the old notes, while warning the public against carrying out experiments on the new notes.
In a statement signed by its Managing Director/Chief Executive Ahmed A. Halilu, the NSPM had stressed that the new notes were of the same substrates and passed through the same printing processes and finishing procedures which it had been using since 2014.

Halilu explained, “The NSPM PIc has been meeting the currency needs of Nigeria with the support of the Central Bank of Nigeria since 2014. Indeed, Nigeria has achieved zero importation of currency, developed local capacity and, to an extent, conserved foreign exchange within this period.

“It is, therefore, basically the same as the other notes in circulation. It also leaves traces of intaglio inks when rubbed on plain white surfaces. It is, howe    ver, important to note that new banknotes are generally light when issued, then become heavier in circulation on getting in contact with dirt and moisture.”

Meanwhile, findings revealed an increase in the distribution of the new banknotes via ATMs by bank customers. THISDAY observed that more people were able to access the new notes over the weekend.

THISDAY visited some bank branches across Lagos to find out the level of compliance with the central bank’s directive that they should load their ATMs with the new currencies. Findings showed that a lot of the banks’ ATMs had started dispensing the new banknotes.

At the United Bank for Africa (UBA) and Fidelity Bank branches visited, their ATMs were paying new banknotes.
THISDAY also visited few supermarkets in Gbagada, Lagos and saw the new notes being accepted and exchanged at the cashiers.

Speaking to THISDAY, a lady simply identified as Miss Chiamaka D said she came in contact with the new note for the first time yesterday.
She said, “I hardly go into banking halls because I mostly do transfers and use ATMs for cash so this step to put the notes in ATMs is a good one. Now more people would be acquainted with it before the deadline.”

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Peller, Jarvis’ Glamorous Lagos Wedding: N400m Mansion, $20,000 Gift, Over 50,000 Virtual Guests

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Peller, Jarvis' Glamorous Lagos Wedding: N400m Mansion, $20,000 Gift, Over 50,000 Virtual Guests

Peller, Jarvis’ Glamorous Lagos Wedding: N400m Mansion, $20,000 Gift, Over 50,000 Virtual Guests

  • Nigeria’s favourite TikTok couple, Habeeb “Peller” Hamzat and Elizabeth “Jarvis” Amadou, have officially tied the knot in a spectacular Lagos ceremony that blended celebrity glamour, jaw-dropping generosity, and digital-age storytelling. The #JP2026 wedding has become one of the most talked-about entertainment events of the year.

Peller and Jarvis have built their relationship in the public eye, sharing their journey through livestreams, collaborative content, and regular appearances that endeared them to millions of followers. Their wedding was the culmination of a series of pre-wedding celebrations that began with a romantic proposal at the La Palm Royal Beach Hotel in Ghana in June 2026. The couple then honoured their cultural roots with a traditional marriage ceremony in Benin City, followed by a civil wedding in Lagos on July 29. Saturday’s grand white wedding brought together family, friends, and fans to witness the union of two of Nigeria’s most influential digital creators. The bride and groom dazzled in their wedding attire, with Peller donning an elaborate Edo-inspired outfit that paid homage to his heritage, while Jarvis complemented him in a breathtaking bridal ensemble that quickly became the talk of social media.

One of the most remarkable aspects of the #JP2026 celebration was the extraordinary generosity shown by well-wishers, with gifts arriving even before the wedding day. Ahead of the ceremony, businessman and socialite Pascal Okechukwu, popularly known as Cubana Chief Priest, donated N10 million in support of the wedding. His contribution set the tone for the lavish celebrations to come. American entrepreneur and renowned TikTok benefactor Gregory Pizarro Jr. made the journey to Lagos specifically for the occasion. During a meeting with Peller at his hotel, he presented the groom with a cash gift of $20,000, demonstrating the global reach of the couple’s influence. Chief Executive Officer of Promiseland Estate, Lawrence Emmanuel, gifted the couple a plot of land in Abuja valued at N150 million, providing them with a valuable asset in the nation’s capital.

However, the biggest surprise of the day came during the wedding reception when real estate entrepreneur King Ochacho, speaking on behalf of his family, announced the gift of a fully furnished luxury mansion in the upscale Life Camp district of Abuja. The property is reportedly valued at an astonishing N400 million. Presenting the gift, King Ochacho explained his motivation: “I and my family left everything we are doing in Abuja just to come through for Peller because he is an inspiration to this generation.” He added that after consultations with his sons, they decided, “We want Peller to be staying close to Palace Seven,” noting that houses in that area are worth no less than N400 million.

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The ceremony attracted a who’s who of Nigeria’s entertainment and social media scene. The extensive guest list read like a roll call of the nation’s most influential personalities. The film industry was well represented by Iyabo Ojo, Eniola Badmus, Moyo Lawal, Jigan Baba Oja, and Foluke Daramola, adding their star power to the celebration. The music industry showed up in full force with Zinoleesky, Seun Kuti, Femi Kuti, Tanzanian singer Juma Jux, and Fuji musician Sule Alao Malaika, who kept guests entertained with electrifying performances. The digital space was represented by Nons Miraj, Papaya Ex, Cute Abiola, Isbae U, Aunty Ramota, Geh Geh, and countless others who have built their careers alongside Peller and Jarvis. Cubana Chief Priest, Daddy Freeze, Pretty Mike, and Soso Soberekon were among the distinguished guests, along with Gregory Pizarro Jr., who made the trip from the United States specifically for the wedding.

Staying true to their reputation as digital content creators, Peller and Jarvis made history by streaming the wedding live across YouTube and Twitch. The livestream attracted over 50,000 virtual guests, who flooded the comment sections with well wishes from every corner of the globe. The decision to broadcast such an intimate moment demonstrated the couple’s commitment to their fans and their understanding of modern celebrity culture. Viewers from North America, Europe, Africa, and Asia tuned in to witness the event in real-time.

The wedding venue was nothing short of spectacular, featuring luxury automobiles on display that showcased the couple’s taste for fine things, coordinated aso-ebi attire that created a visually stunning sea of colours, a competition with a reported N5 million prize for the best-dressed attendee, and live Fuji music performances by Sule Alao Malaika that kept the energy high throughout the celebration.

One of the most talked-about moments of the wedding was the appearance of content creator Emmanuel Obruste, better known as GehGeh, as one of Peller’s groomsmen. GehGeh made a grand entrance in a Mercedes-Benz G-Wagon, and videos of him dancing with the other groomsmen quickly went viral across social media platforms. His enthusiastic participation surprised many because he had previously been a vocal critic of Peller’s decision to marry. In a past interview, GehGeh argued that financial success was not the sole basis for marriage, stressing that Peller was “still growing as a child” and needed to be ready “mentally, physically, emotionally, and spiritually.” The irony of his role at the ceremony sparked mixed reactions online, with some praising him for supporting his friend despite their differences, while others questioned his previous stance. Regardless, his presence added another layer of intrigue to the high-profile event.

The Peller and Jarvis wedding represents more than just a celebrity union; it signals the mainstream acceptance of digital creators as cultural icons. A generation ago, social media influencers were dismissed as passing fads, but the #JP2026 celebration demonstrates that content creators now command the same respect, influence, and wealth as traditional celebrities. The sheer value of the gifts received—totalling hundreds of millions of naira—reflects the economic power of the creator economy and the willingness of business leaders to align themselves with digital influencers.

The wedding generated massive engagement across digital platforms, with the hashtag #JP2026 trending on multiple social media networks. Fans expressed their joy, congratulations, and even envy at the couple’s good fortune. Many commentators noted that Peller and Jarvis have achieved in a short time what takes others decades, while others praised them for staying grounded despite their success. The couple has promised to continue sharing their journey with fans, hinting at future content that will document their married life.

As Nigeria’s most talked-about celebrity couple begins their new chapter, fans are eager to see what comes next. Will they expand their content empire? Will they venture into other business pursuits? One thing is certain: Peller and Jarvis have proven that with talent, dedication, and the right connections, the digital world can open doors to unimaginable success. The #JP2026 wedding has set a new standard for celebrity weddings in Nigeria, blending traditional values, modern influence, and extraordinary generosity into an event that will be remembered for years to come.

 

Peller, Jarvis’ Glamorous Lagos Wedding: N400m Mansion, $20,000 Gift, Over 50,000 Virtual Guests

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Troops arrest three suspects over killing of soldier in Imo ambush, recover stolen rifles

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Troops arrest three suspects over killing of soldier in Imo ambush, recover stolen rifles

Troops arrest three suspects over killing of soldier in Imo ambush, recover stolen rifles

Troops of the Nigerian Army have arrested three suspects allegedly linked to the killing of a soldier during a deadly ambush in Imo State and recovered several weapons, including military rifles believed to have been stolen during the attack.

The arrests followed months of intelligence-led investigations and coordinated operations conducted by troops of the 34 Artillery Brigade under Operation UDO KA (OPUK) across Rivers, Delta and Imo states.

The operation was launched after an ambush on May 4, 2026, in which one soldier was killed, another sustained injuries and service weapons were reportedly taken away by the attackers.

Security sources said sustained intelligence gathering, targeted raids and the interrogation of previously arrested suspects provided information that helped investigators identify three men believed to be key suspects in the attack.

The suspects were identified as Albert Tony, popularly known as “Chiboy”; Temple Eburua, also known as “Marathon”; and Vitalis Eburua, alias “Onowu.”

Investigators reportedly established that the suspects fled to Port Harcourt, Rivers State, after the attack before relocating to Oleh in Isoko South Local Government Area of Delta State with the assistance of an associate identified as Mr Abire.

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Troops reportedly arrested Abire in Port Harcourt on July 30. During questioning, he allegedly provided intelligence that led security operatives to the suspected hideout of the three men in Delta State.

Acting on the information, troops of the 34 Artillery Brigade moved into Delta State in the early hours of July 31 and worked with personnel of the 181 Battalion to conduct a coordinated raid at Opaebe in Oleh.

The operation led to the arrest of the three suspects, who were taken into military custody for further investigation.

Following their arrest, the suspects allegedly led troops to a hideout in Ohaji/Egbema Local Government Area of Imo State, where weapons believed to have been stolen during the May ambush were concealed.

Further intelligence-led operations reportedly led security personnel to another suspected camp at Umudike Plantation, where additional weapons, ammunition and other materials were recovered.

Items recovered during the operation included one AK-47 rifle, two AK-47 magazines, one FN rifle and two FN rifle magazines believed to have been taken from the soldiers during the ambush.

Troops also recovered three additional AK-47 rifles, nine AK-47 magazines, one pistol with its magazine, 194 rounds of 7.62mm Special ammunition, 45 rounds of 7.62mm NATO ammunition and a fragmentation jacket.

Other materials suspected to be connected to the activities of the criminal network were also seized during the operation.

The three suspects are currently being held by the 34 Artillery Brigade for further interrogation as investigators work to identify other individuals who may be connected to the attack and determine the full scope of the group’s activities.

Military sources described the arrests and recovery of the weapons as a significant breakthrough in ongoing efforts to identify and dismantle criminal networks responsible for attacks on security personnel.

The recovery of the suspected stolen service weapons is expected to support ongoing investigations into the May ambush and help security agencies trace other individuals who may have played a role in the attack.

The operation also reflects the continued use of intelligence gathering and coordinated security operations to disrupt armed groups, recover illegal weapons and improve security across Imo State and neighbouring areas.

Troops arrest three suspects over killing of soldier in Imo ambush, recover stolen rifles

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Kidnapped Lt. Col. Ofor Amobi, civilian rescued after 10-day military operation in Enugu

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Kidnapped Lt. Col. Ofor Amobi, civilian rescued after 10-day military operation in Enugu

Kidnapped Lt. Col. Ofor Amobi, civilian rescued after 10-day military operation in Enugu

A joint military task force has rescued a senior Nigerian Army officer, Lt. Col. Ofor Amobi, and a civilian, Mr Ikechukwu Onwuanra, following a 10-day intelligence-led search-and-rescue operation across forests and neighbouring communities in Enugu State.

The rescue operation was conducted by troops under Sector 1 of Operation UDO KA, involving personnel from the 82 Division Garrison, 103 Battalion (Reinforced), the Nigerian Navy Special Boat Service and the 197 Special Forces Battalion.

The joint operation was led by the Commander of the 82 Division Garrison, with support from the Air Component, which provided surveillance and helped sustain pressure on suspected criminal hideouts.

Security sources said the troops carried out extensive search operations across the Inyi, Awlaw and Akpugo-Eze forests, as well as nearby communities in Oji River Local Government Area of Enugu State.

The operation reportedly intensified between the evening of July 31 and the early hours of August 1 after security personnel received actionable intelligence concerning the possible location of the abducted victims.

At about 2:00 a.m., the Divisional Police Officer of the Inyi Division alerted the troops to information pointing to the suspected location of Lt. Col. Amobi and Onwuanra.

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The troops immediately mobilised and launched a fighting patrol into the area, where the two victims were found abandoned at the edge of a forest in Inyi.

Reports indicated that both victims sustained gunshot wounds during their captivity. They were safely evacuated from the area and taken to Inyi before being transferred to the 82 Division Medical Hospital for treatment and comprehensive medical evaluation.

During preliminary debriefing, the victims reportedly told security personnel that they were blindfolded shortly after their abduction and taken to an unknown location.

They were later abandoned in a forest around the Enugu–Anambra border as sustained military operations restricted the movement of their captors and placed them under increasing operational pressure.

Military sources attributed the successful rescue to the persistent intelligence-led offensive mounted by the joint force, supported by aerial surveillance and coordinated ground operations.

The sustained pressure reportedly disrupted the kidnappers’ activities, limited their freedom of movement and forced them to abandon the victims before fleeing the area.

The rescue highlights the continued use of coordinated intelligence gathering, aerial surveillance and joint security operations in efforts to tackle kidnapping and other criminal activities across parts of the South-East.

The military is expected to provide further information as follow-up operations and security assessments continue.

Kidnapped Lt. Col. Ofor Amobi, civilian rescued after 10-day military operation in Enugu

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