Glamour, Unlimited Craftsmanship as Arise Fashion Week and Jazz Festival Ends Herbie Hancock, Wizkid enchant Lagos with cross-generational sounds Yinka Olatunbosun A night of glamour and unlimited
showmanship yesterday marked the end of the three-day fashion staple, Arise Fashion Week, broadcast
live from Eko Convention Hall, Victoria Island. The 2023 edition of the high-
fashion tradition was the pilgrimage of renowned fashion designers of African descent, models, stylists and
other key players in the fashion ecosystem. With pulsating sounds to match
the models' runway confidence, Continued on page 5
Obi: Currency Redesign Not Peculiar to Nigeria… Page 8 Sunday 5 February, 2023 Vol 28. No 10162
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Hoarding of Naira Notes: Zulum Threatens to Revoke Banks’ Land Allocations ICPC arrests bank officials over sabotage Naira scarcity de-marketing APC, says Akeredolu Kingsley Nwezeh in Abuja and Michael Olugbode in Abuja Following the alleged hoarding of the naira notes by the banks, the Borno State Governor, Professor Babagana Zulum, has directed
banks in the state to dispense the new notes via Automated Teller Machines (ATMs) and banking halls or risk losing their lands to the state government. The Independent Corrupt Practices and Other Related
Offences Commission (ICPC) has also arrested bank officials in Dei Dei, Abuja, for hoarding cash. Also, the Economic and Financial Crimes Commission (EFCC) has commenced an investigation of Oluwadarasimi Omoseyin, an
actress and cosmetologist, for allegedly tampering with the redesigned naira notes, an offence contrary to Section 21 (5) of the Central Bank of Nigeria (CBN) Act, 2007. This is coming as the Chairman
of the Southern Nigeria Governors’ Forum and Ondo State Governor, Rotimi Akeredolu, has alleged that the scarcity of the naira could demarket the ruling All Progressives Congress (APC) in the forthcoming elections and called on President
Muhammadu Buhari to address the issue before it snowballs into crisis. Zulum gave the warning yesterday after visiting branches Continued on page 5
In Uniting APC, Buhari Says Tinubu will Give His Best to Nigeria Former Lagos gov hails president for being focused amid distractions Tinubu responsible for Nigeria's economic setback, says PDP
See story on page 5
MOMENT OF GLITZ AS WIZKID, HERBIE HANCOCK TRILL AUDIENCE… Award-winning artistes, Wizkid and Herbie Hancock, shutting it all down at the 20th Edition of Arise Fashion Week and Jazz Festival in Lagos…yesterday
S & P Rekindles Hope of Nigeria's Economic Recovery, Revises Outlook… Page 8