CBN OPENS A PLATFORM FOR SUBMITTING OLD NOTES
Due to a shortage of new notes, the Central Bank of Nigeria (CBN) has opened a portal for bank customers to deposit their old naira notes. The CBN gave a…
CBN GOVERNOR EMEFIELE ISSUES INSTRUCTIONS WHILE IN ASO VILLA.
Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), is presently present in Aso Villa. Hours after President Muhammadu Buhari spoke to Nigerians about the difficulties brought on…
NAIRA REDESIGN: TRADERS AND BUSINESSES REJECTING OLD
Five days before the old N200, N500, and N1000 denominations are scheduled to stop being accepted as legal money on January 31st, several merchants and companies in the Lagos and…
NAIRA REDESIGN: EMEFIELE IGNORES REPS’ SUMMONSES DESPITE BEING THREATENED WITH ARREST
An ad hoc committee of the house of representatives has advised Femi Gbajabiamila to issue an arrest warrant for Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN),…
CBN TO BANKS: INSERT FRESH BILLS INTO ATMS TO AVOID SANCTIONS
The Central Bank of Nigeria (CBN) keeps track of whether commercial banks are feeding the new naira notes into automated teller machines on a daily basis (ATMs). Kofo Salam-Alada, Director…
Naira Redesign: Approximately N165 billion in Deposits Hit Bank Coffers CBN
Since last month, when the Central Bank of Nigeria (CBN) announced the launch of newly redesigned naira notes, roughly N165 billion has been deposited in banks, according to the CBN.…
Buhari will introduce new naira notes on Wednesday.
The newly designed naira notes will be unveiled by President Major General Muhammadu Buhari (ret.) on Wednesday, according to Central Bank of Nigeria Governor Godwin Emefiele. During the Monetary Policy…
