THE CBN DECLARES THAT OLD NAIRA NOTES ARE NO LONGER VALID MONEY.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…
DISTRIBUTION OF NEW NAIRA NOTES TO BANKS BEGINS BY CBN
The redesigned Naira notes are already being distributed to Deposit Money Banks all around Nigeria by the Central Bank of Nigeria (CBN). After visiting President Muhammadu Buhari in Abuja on…
YOUTH FROM THE NORTH CRITICIZE HOUSE OF REPRESENTATIVES FOR RESOLUTION TO END CBN CASH LIMIT POLICY
The Central Bank of Nigeria (CBN) has been encouraged by Northern Youths to disregard the House of Representatives decision that suspends its new cash withdrawal restriction policy for banks and…
REPS INSTRUCT THE CBN TO HALT THE CASH WITHDRAWAL POLICY
The House of Representatives requested the Governor, Mr. Godwin Emefiele, to halt execution of the recent N100,000 weekly cash withdrawal limitations announced by the Central Bank of Nigeria (CBN) and…
