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15 stories tagged new naira notes.
Some Point of Sales (PoS) operators have said the designing of naira notes has boosted their business through improved income though they said this had come at a certain cost. TALKGLITZ MEDIA reports that the Federal…
HAPPENING RIGHT NOW: If you are driving along that road or about to set off on that path, please note that the road around there has been blocked. So there will be serious traffic along that road. Stay safe out there…
Godwin Emefiele, the Governor of the Central Bank of Nigeria, stated on Tuesday during a meeting at the Ministry of Foreign Affairs, that there is no requirement to change the deadline of February 10, 2023. The…
On Friday, the Governor of Ogun State, Dapo Abiodun, announced plans to alleviate the suffering of residents due to the scarcity of fuel and new naira notes by distributing food items. The governor stated that the…
The Inspector-General of Police (I-G), Mr Usman Baba, has mandated strict adherence to the CBN Act, 2007, which criminalizes the sale and hawking of Naira notes. This directive was confirmed by the Force Public…
The Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, has finally appeared before the House of Representatives. Emefeile is currently before the house of representatives ad hoc committee set up by the…
The Majority Leader of the House of Representatives, Alhassan Ado Doguwa says he suspects that President, Muhammadu Buhari was “misled” into agreeing to the naira redesign policy of the Central Bank of Nigeria (CBN).…
The Economic and Financial Crimes Commission (EFCC) says it has arrested members of a syndicate who are hoarding and trading the redesigned naira notes in Abuja. Wilson Uwujaren, the EFCC spokesperson, disclosed this in…
The Department of State Services (DSS) says it has intercepted some syndicates involved in the sale of the newly redesigned naira notes. This is contained in a statement issued by Dr Peter Afunanya, the Public Relations…
The Presidential Candidates of the Social Democratic Party (SDP), and the Young Progressives Party (YPP) have criticized the Central Bank of Nigeria (CBN) over the currency redesign policy. The presidential hopefuls…
The Speaker of the House of Representatives, Femi Gbajabiamila, has threatened to issue an arrest warrant for Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), and other bank executives if they ignore the…
The Central Bank of Nigeria (CBN) has dismissed claims that the newly redesigned naira notes are in short supply. CBN said the apex bank has “massively” supplied banks with the new currency and directed them to disburse…
The Senate has urged the Central Bank of Nigeria (CBN) to extend the deadline for the withdrawal of old naira notes from circulation. The CBN was encouraged by the Senate to extend the deadline to June. CBN had on Oct.…
Human rights lawyer, Femi Falana, says the newly redesigned Naira note may be declared illegal in court. He said the new naira will be considered illegal if President Muhammadu Buhari did not seek approval of the…
President Muhammadu Buhari, says the Central Bank of Nigeria (CBN) has his support to launch new designs and replace high-value naira notes. This was disclosed in a statement by the president’s media aide, Malam Garba…
