Business
Hackers posted fake CBN statement on my SM accounts – Aisha Buhari
- CBN vows to expose those behind it
Aisha Buhari, wife of President Muhammadu Buhari, says a fake statement on the extension of the old naira note deadline, posted on her social media accounts, was the work of a “hacker”.
The purported statement with the signature of Osita Nwanisobi, Central Bank of Nigeria (CBN) spokesperson, went viral on social media on Tuesday.
The statement claimed that the apex bank had been directed to recirculate the old N1000 and N500 notes as legal tender for 70 days.
The statement before it was deleted was shared by Aisha on her official Facebook and Instagram page.
The CBN later disowned the statement and asked the public to disregard it.
In a disclaimer on her Facebook page, Aisha said the statement was posted by a hacker with the intention to “attack her reputation”.
She stated, “It has come to my attention that a certain fake news was posted on my social media handle, Instagram, which also directly connects to my Facebook page, earlier this morning. I have since directed that it should be deleted.
“This is without a doubt the criminal actions of the person(s) who were responsible for deleting quite a number of my posts since 2018 to late last year when I posted a video and picture of my hands with Henna design of ABAT insignia on the day I launched the APC Women Presidential Campaign Committee for Bola Ahmed Tinubu in Ilorin, Kwara State, my post on the event for the Traditional and Complementary Alternative Medicine (TCAM) conference and 17 other posts.
“This person is a hacker, criminally minded with the intention to continue attacking my reputation through my social media platforms.
“But I am assuring you that this is the first and last I am disclaiming fake news on my handle.
“It is the responsibility of the security agencies to find out who am I sharing my social media handles with, despite being verified accounts, and take all necessary actions.”
Meanwhile, the CBN says it is working with law enforcement agencies to arrest and prosecute those responsible for the “fake” statement on the validity of the old N500 and N1,000 notes.
The apex bank issued the threat in a statement jointly signed by Edward Adamu, deputy governor, corporate services, and Osita Nwanisobi, director of corporate communications, on Tuesday.
The CBN insisted that President Muhammadu Buhari’s directive on the old N200 notes still stands.
It stated, “The bank is working with the law enforcement agencies to investigate, apprehend and prosecute the purveyors of this fake news. Please be guided accordingly.”
Aviation
Updated: We’ll resume Lagos-Dubai flights on October 1, says Emirates
Updated: We’ll resume Lagos-Dubai flights on October 1, says Emirates
Emirates Airlines on Thursday announced that its flight operations to Nigeria would resume on October 1, 2024.
It said this in a statement, “The service will be operated using a Boeing 777-300ER. EK783 will depart Dubai at 0945hrs, arriving in Lagos at 1520hrs. The return flight EK784 will leave Lagos at 1730hrs and arrives in Dubai at 0510hrs the next day.
“Tickets can be booked now on Emirates.com or via travel agents.”
It quoted Emirates’ Deputy President and Chief Commercial Officer, Adnan Kazim, as saying the Lagos-Dubai service has traditionally been popular in Nigeria.
“We thank the Nigerian government for their partnership and support in re-establishing this route and we look forward to welcoming passengers back onboard,” Kazim said.
Minister of Aviation and Aerospace Development, Festus Keyamo, on Wednesday said the Emirates Airlines had given a definite date to resume flight operations to Nigeria and would make the announcement in a matter of days.
Emirates Airlines suspended flight operations to Nigeria in October 2022 over its inability to repatriate its $85 million revenue trapped in Nigeria.
Business
Dollar crashes against Naira at official market
Dollar crashes against Naira at official market
The Naira on Wednesday appreciated at the official market, trading at N1,459.02 to the dollar.
Data from the official trading platform of the FMDQ Exchange, revealed that the Naira gained N61.38.
This represents a 4.04 per cent gain when compared to the previous trading date on Tuesday, when the local currency exchanged at N1,520.40 to a dollar.
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Also, the total daily turnover increased to 289.14 million dollars on Wednesday up from 128.76 million dollars recorded on Tuesday.
Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,593 and N1,401 against the US dollar.
Dollar crashes against Naira at official market
Business
Nigeria’s inflation rises further to 33.69%, highest in 28 years
Nigeria’s inflation rises further to 33.69%, highest in 28 years
Nigeria’s inflation rose to its highest in 28 years as it hit 33.69 per cent in April 2024, up from 33.20 per cent in March.
A report by the National Bureau of Statistics revealed this on Wednesday. It showed the food and non-alcoholic beverages category continued to be the biggest contributor to inflation.
Food inflation, which accounts for the bulk of the inflation basket, reached 40.53 per cent in annual terms, against 40.01 per cent in March.
The galloping inflation is attributed largely to President Bola Tinubu administration’s removal of petrol subsidy and naira devaluation due to foreign exchange rates unification.
Reuters in a report recalled that the Central Bank of Nigeria had raised interest rates twice this year, including its largest hike in around 17 years, as it struggles to contain the price pressures.
CBN Governor Olayemi Cardoso has indicated that rates will stay high to bring down inflation.
The bank holds another rate-setting meeting next week.
Price pressures have left millions of Nigerians grappling with the worst cost of living crisis in decades as they struggle to meet their basic needs.
To ease the pressure on government workers, Tinubu recently introduced a wage award of N35,000 and direct cash transfer to the vulnerable.
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