The Central Bank of Nigeria, CBN, has issued guidelines on how Nigerians who are still stuck with the old N200, N500 and N1000 notes can return them to the nearest branch of the apex bank. The CBN had insisted that…
The Central Bank of Nigeria has declared that the old Naira notes of N200, N500 and N1000 have ceased to be legal tender in Nigeria since February 10, 2023. The declaration was made by the Branch Controller of the CBN…
The Independent National Electoral Commission (INEC) has dismissed reports on the planned postponement of the 2023 General Election. The commission in message on its Twitter handle titled: “fake news alert” on Monday night said INEC has no plan and will…
A civil society organisation, the Leadership Orientation and Basic Rights Advocacy Centre (LOBRAC), on Monday, said the currency redesign policy by the Central Bank of Nigeria (CBN) would stabilise the nation’s economy. Mr Stanley Okafor, President, LOBRAC, made the assertion…
Story from Olaleye Aanuoluwapo Alleged Threats To Close Some Deposit Money Banks. The attention of the Central Bank of Nigeria (CBN) has been drawn to a misleading report misquoting the Governor, Mr. Godwin Emefiele, as attributing the current challenge in…
The Niger State Government on Saturday revealed that it had filed a lawsuit against the Federal Government of Nigeria over the naira redesign policy of the Central Bank of Nigeria (CBN) at the Supreme Court. This was disclosed in a…
By Ogaga Ariemu The National council of state has asked Godwin Emefiele, the Central Bank of Nigeria governor, to double up the circulation of the new naira notes and recirculate old notes to ease the suffering of Nigerians. The…
National Democratic Front (NDF) has urged the Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele to obey the recent Supreme Court injunction or risk going to jail. Newsmen reports that a seven-man panel led by Justice John Okoro…
President Muhammadu Buhari is currently presiding over the Council of State meeting to find a lasting solution to the cash crunch occasioned by the cash swap policy of the Central Bank of Nigeria. The meeting will mainly discuss some issues…
…As Malami, Tinubu fight dirty over Supreme Court ruling …Nigerians ignore FG’s Feb. 10 deadline, continue transactions in old notes …Shun banks for deposits Olaseinde Gbenga, Abuja After fierce resistance, protracted heat on Nigerians and aggressive reactions leading to protest,…
