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…
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…
WHY WE REFUSE NEW NOTES – TRADERS
Six days after the new naira notes entered circulation, some traders are still hesitant to recognize them as legal tender, according to the News Agency of Nigeria (NAN). On December…
JUST IN: CBN MAKES NEW NAIRA NOTES AVAILABLE WITH SECURITY FEATURES.
The Central Bank of Nigeria, CBN, has disclosed information about the location of the security measures in the new naira notes in an effort to prevent Nigerians from becoming victims…
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…
Inflation: CBN Governor: We’ll shortly cut the number of N500 and N1,000 notes in circulation.
In order to control inflation, the Central Bank of Nigeria (CBN) said it will reduce the amount of larger denomination notes (N500 and N1000) in circulation. This was said on…
