Economy
Naira Redesign: Old, New Notes Are Legal Lender – CBN Reveals…
The Central Bank of Nigeria (CBN) said that both old and new notes are now legal tender. The Acting Director...
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Naira Redesign: Supreme Court Fixes New Date For Ruling…
The Supreme Court on Wednesday adjourned judgement in the new naira policy suit to March 3, 2023. The court, which...
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CBN Orders Banks To Collect Old N500, N1,000 Notes…
The Central Bank of Nigeria (CBN) has ordered banks to start collecting the old N500 and N1,000 notes from the...
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Confusion As Central Bank Denies Directing Banks To Accept Old N1000, N500 Notes…
The Central Bank of Nigeria (CBN) says it has not directed commercial banks to continue with the collection of the...
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Naira Scarcity: CBN, 15 Banks Working On President’s Directive – Emefiele…
The Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele said his team has met with 15 commercial banks...
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Confusion As Residents, Traders, Petrol Stations Reject Old Naira Notes…
Residents of Enugu, on Saturday, started rejecting the old naira notes for transactions. Many residents who are still holding the...
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Reasons Why We Can’t Print Enough New Notes – CBN…
Amidst the cash crisis bedevilling the country and the expectations of Nigerians that President Muhammadu Buhari would resolve the matter...
Read moreCBN Rules Out Further Extension of Naira Swap Deadline
The Governor of the Central Bank of Nigeria, Godwin Emefiele at a press briefing in Lagos Friday stated that there...
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CBN Directs Banks To Begin Paying New Naira Notes…
The Central Bank of Nigeria (CBN) in a bid to address the long queues at Automated Teller Machines nationwide directed...
Read moreEmefiele Reveals Plans On Old Notes After Deadline…
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has assured that no Nigerian will lose money...
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