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166 stories tagged cbn.
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The Central Bank of Nigeria (CBN) has dismissed a purported press release shared on the Instagram page of the First Lady, Aisha Buhari. In the release shared on Aisha’s page on Tuesday, it was purported that the old…
The All Progressives Congress Presidential Campaign Council has criticized the presidential candidate of the Peoples Democratic Party, Atiku Abubakar, for his inconsistent and opportunistic comments regarding the Naira…
The Governor of Kano State, Abdullahi Ganduje says the effect of the currency redesign policy of the Central Bank of Nigeria (CBN) and the attendant cash crunch problem on the people of Kano is like that of a virus…
The Governor of Osun State, Ademola Adeleke, says the Central Bank of Nigeria (CBN) should sanction any bank hoarding the new naira and ensure they are made available to the people. Adeleke made the remarks while…
Senate Chief Whip, Orji Uzor Kalu has lamented the scarcity of the naira owing to the currency redesign policy of the Central Bank of Nigeria (CBN). He said the cash crunch by the naira redesign policy of the Central…
The Kogi State branch of the Central Bank of Nigeria has ordered individuals with less than N500,000 to visit their various banks to exchange them with new naira notes. Checks at bank offices located at Hassan Katsina…
The Central Bank of Nigeria has ordered banks to start collecting the old N500 and N1,000 notes from the public with immediate effect. It, however, pegged the maximum amount the banks can collect at N500,000. The CBN…
The Peoples Redemption Party (PRP) has demanded that the Nigerian Federal Government reverse its Naira Redesign Policy, stating that it has resulted in significant difficulties for Nigerians who are unable to access…
The Central Bank of Nigeria (CBN) in Kogi has instructed customers with amounts less than N500,000 to visit their banks to exchange their old currency for new notes. The bank office along Hassan Katsina Road in Zone 8,…
Kaduna State Governor Nasir El-Rufai has claimed that there is a plot to use Nigeria's cash crisis and fuel scarcity to disrupt the upcoming election and establish an Interim National Government led by a retired army…
On Friday, the Lagos State Police Command confirmed reports of civil unrest in certain parts of the state due to the current scarcity of the naira. The unrest began with protesters gathering at Mile-12, Ketu, Ojota…
On Monday morning, civil unrest occurred in various parts of Lagos State, including Agege and Ikorodu. There were reports of pandemonium in some areas of the state on Friday, as certain individuals, suspected to be…
“I need to have this N70m in hard copy. That is the position of the law and as I speak to you, I don’t have it." A House of Representatives Leader Ado Doguwa says the naira crunch will affect the electioneering expenses…
President Muhammadu Buhari’s attempt to douse the tension caused by the naira swap policy has continued to elicit reactions across the country latest coming from the foremost Senior Advocate of Nigeria, Ebun-Olu…
The United Kingdom has issued another travel advice to its citizens in Nigeria, the second in four months. In the information updated on Wednesday, the Foreign, Commonwealth & Development Office, FCDO, warned against…
The President, Mohammadu Buhari, says the naira redesign policy of the Central Bank of Nigeria (CBN) has minimized money's influence in Nigeria’s politbuhari The President said this while Speaking in a televised…
President Muhammadu Buhari has addressed Nigerians on the issue of the currency swap policy of the Central Bank of Nigeria, CBN, which has hindered economic activities in the country due to scarcity of old and new…
President Muhammadu Buhari, in a national broadcast on Thursday morning, extended the validity of the old N200 notes till April 10, 2023. The president addressed the nation following a series of protests across the…
As protests continue to spread across various parts of Ibadan, commercial banks and business outlets have been shut down and secured. The protest, which began in the early hours of the day, has now spread to areas…
The Governor of Delta State and Vice-Presidential candidate of the Peoples Democratic Party (PDP), Sen. (Dr) Ifeanyi Okowa, has called for calm among Nigerians amidst the current scarcity of new naira notes in the…
