CBN INSTRUCTS NIGERIANS TO BEGIN REJECTING OLD NAIRA NOTES FROM BANKS.
The Central Bank of Nigeria (CBN) has directed customers to begin rejecting old naira notes from banks, claiming that the old notes ceased to be legal tender on January 31,…
CBN DEADLINE: NIGERIANS COMPLAIN ABOUT A LACK OF MINTS AS BANKS CONTINUE TO USE OLD NAIRA NOTES
Some Kogi residents have complained about the lack of new Naira notes in the state. This is because some residents complained that some of the state’s banks were still dispensing…
POOR NETWORK, FAILED TRANSACTIONS: POS OPERATORS LAMENTS
POS operators and traders in Lagos have urged the Central Bank of Nigeria (CBN) and telecommunications companies to ensure uninterrupted service. They made the appeal in separate interviews with NAN…
POLARIS BANK ACCOUNT ORDERED FROZEN BY COURT DUE TO N2.16 BILLION DEBT
Justice Adegboyega Adebusoye of the Federal High Court in Akure asked the Central Bank of Nigeria (CBN) on Friday to freeze Polaris Bank’s account due to a N2.16 billion debt.…
NAIRA REDESIGN IS LONG OVERDUE – CBN
The Central Bank of Nigeria (CBN) said on Thursday that the decision to redesign the N200, N500, and N1,000 notes was long overdue, and that it followed the law and…
CBN LAUNCHES NAIRA REBRANDING CAMPAIGN IN ONITSHA MARKET
The Central Bank of Nigeria, CBN, took the campaign to the famous Onitsha main market yesterday, reminding traders that the current denominations would cease to be legal tender on January…
CBN WILL OVERSEE COMPLIANCE WITH THE NEW NAIRA BY COMMERCIAL BANKS.
To ensure that commercial banks follow the directive to load the newly designed naira notes in their automated teller machines, the Central Bank of Nigeria will be keeping an eye…
PANIC AS A SUSPECT APPREHENDED IN CONNECTION WITH THE MURDER OF AN EX-CBN EMPLOYEE ESCAPES FROM POLICE CUSTODY IN OGUN STATE.
The only suspect apprehended in connection with the murder of CBN employees has eluded police in Ogun State. According to reports, the Ogun State police command cracked down on the…
THE INK STAINS ON NEW NAIRA NOTES ARE SECURITY FEATURES, ACCORDING TO NSPM BOSS AHMED HALILU.
According to the Nigerian Security Printing and Minting (NSPM), the ink stains on the newly recolored naira notes are security features that will allow Nigerians to easily identify counterfeit naira…
CBN LOANS: ACCORDING TO DMO, NIGERIA’S DEBT WILL REACH N77 TRILLION.
The Nigerian Debt Management Office (DMO) said on Thursday that if the Central Bank of Nigeria (CBN) loans are securitized, the next administration will inherit a public debt of N77…
