POLICE DETAIN ALLEGED PURCHASERS OF FATINOYE’S STOLEN VEHICLE.
Two people who purchased the stolen car that belonged to Mr. Kehinde Fatinoye, a former employee of the Central Bank of Nigeria (CBN), and his wife, Bukola Fatinoye, were detained…
OGUN APPLIES TO JOIN THE KADUNA, ZAMFARA, AND KOGI LAWSUIT AGAINST THE FG ON THE DEMONETIZATION POLICY.
In a lawsuit against the Federal Government of Nigeria over the demonetization policy that resulted in the introduction of new versions of the N200, N500, and N1000 notes, the Ogun…
POS OPERATORS AND OTHERS WHO CHARGE UNREASONABLE FEES WOULD BE DETAINED AND PROSECUTED, THE CBN PROMISES.
The CBN has threatened to pursue legal action against Point of Sale (PoS) providers that overcharge for transactions in an effort to take advantage of the country’s present cash shortage.…
THE CBN DECLARES THAT OLD NAIRA NOTES ARE NO LONGER VALID MONEY.
The previous N200, N500, and N1000 notes are no longer considered legal tender as of February 10, 2023, according to the CBN. This occurs despite the Supreme Court of Nigeria’s…
EKITI JOINS LAWSUIT AGAINST FEDERAL GOVERNMENT OVER NAIRA REDESIGN
The Ekiti State administration has asked to be included as a co-plaintiff in a Supreme Court lawsuit brought against the federal government over the Central Bank of Nigeria’s (CBN) deadline…
NAIRA SHORTAGE: WE DONT HAVE THE RESOURCES TO PRINT ADDITIONAL NOTES, ACCORDING TO CBN
The Nigerian Security Printing and Minting Company Plc (NSPMC) has the ability and resources to produce the necessary number of the new Naira notes, according to the Central Bank of…
THE NAIRA REDESIGN PROGRAM HAS BEEN APPROVED BY THE COUNCIL OF STATE, AND PRESIDENT BUHARI IS URGED TO CREATE ADDITIONAL NEW NOTES OR REISSUE THE CURRENT ONES.
The Naira redesign policy has received approval from the Council of State. The council recommended that President Muhammadu Buhari direct the CBN to make fresh Naira notes available or to…
NEW NAIRA NOTES: WE WILL ABIDE BY THE SUPREME COURT’S DECISION, SAYS FG
The Supreme Court’s order to postpone the Central Bank of Nigeria’s deadline for exchanging old notes till February 10 will be complied with by the Federal Government. Abubakar Malami, the…
OFFICIALS FROM THE ICPC RAID THE BANKS IN BAUCHI AND CHECK THE CASH FLOW
In order to supervise a cash disbursement operation that the Independent Corrupt Practices and Other Related Offences Commission warned would extend throughout the entire nation, officials stormed two banks in…
THERE ARE 1.4 MILLION MOBILE BANKING OPERATORS IN NIGERIA, ACCORDING TO EMEFIELE.
Godwin Emefiele, the governor of the Central Bank of Nigeria, CBN, claimed on Thursday that the nation’s 1.4 million super agents—mobile banking providers that also include point-of-sale (POS) agents—are available…
