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The litigation brought by a few State governors to contest the Central Bank of Nigeria’s (CBN) naira redesign policy has been postponed by the Supreme Court until March 3. This…
The new naira redesign strategy of the Central Bank of Nigeria is misunderstood by a significant portion of Nigerians, according to the National Orientation Agency (NOA), which has stated that…
In Ogun State, southwest Nigeria, protesters against the shortage of naira have set fire to two bank facilities. The incident happened in the state’s Sagamu region. Witnesses witnessed the protestors,…
This morning, banks kept obtaining old N500 and N1,000 bills from clients. The Central Bank of Nigeria has previously claimed that it had not instructed banks to collect old N5,000…
As bank employees prepare to go on strike, the difficulty in getting hold of new naira notes could get worse starting on Monday. The Nation learned that the strike was…
Babajide Sanwo-Olu, the governor of Lagos State, has indicated that food will be provided to disadvantaged Lagosians who are suffering greatly as a result of the present naira and fuel…
The Central Bank of Nigeria (CBN) denied media claims on Friday that it had given the Deposit Money Banks (DMBs) permission to collect the outdated N500 and N1,000 banknotes from…
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks to collect outdated N500 and N1,000 notes from customers as a result of the cash shortage afflicting the nation.…
The portal created by the Central Bank of Nigeria (CBN) for the collecting of obsolete naira notes is not functioning. In an effort to facilitate a seamless implementation of the…
Nigerians upset about the lack of new notes have once more stopped the Benin-Ore-Lagos route in the Odigbo local government area. The lack of payments from Ondo State’s banks since…
