New Naira notes

Disregard news about phasing out redesigned naira notes — CBN

The Central Bank of Nigeria (CBN) has described the news making the rounds that it is gradually phasing out the redesigned N1, 000,...

Naira crisis: Violent protests rock Ogun again, two banks torched, 27 suspects nabbed

Violent protest over new Naira notes scarcity which swept Abeokuta, Ogun State capital about two weeks ago has spread to Sagamu area of...

Currency crisis: Pres.Buhari mulls extension of old Naira notes validity for 60 days

Barring last minute change, President Muhammadu Buhari may any time from now overrule the Central Bank Gov. Godwin Emefiele and extend the circulation...

Just in: Supreme Court adjourns suit on naira redesign policy until Feb. 22

Against all permutations and expectations, the Supreme Court on Wednesday adjourned hearing in a suit filed by three states against the Federal Government,...

Breaking: Supreme Court stops CBN from mopping up old Naira notes from circulation

The Supreme Court on Wednesday stopped the Central Bank of Nigeria (CBN) from withdrawing the old Naira notes from circulation as from Feb....

Customers’ attacks: Access Bank, others to staff: Jettison bank’s dress code, wear casual clothing to work

In a bid to escape being attacked by enraged and frustrated members of the public amid current shortage of new naira notes, some...

Pres. Buhari, CBN governor get court orders not to extend Feb. 10 deadline for Naira swap

President Muhammadu Buhari, the Central Bank of Nigeria (CBN) and the nation’s 27 commercial banks have been ordered not to extend the February...

Breaking: Naira notes scarcity: APC Governors el-Rufai, Matawalle, Bello sue Buhari, Malami

"Both the old and the new Naira notes are scarce, thereby affecting people especially the poor"

ICPC busts FCMB officials flouting CBN directives on new notes in Osun

The Independent Corrupt Practices and other Related Offences Commission (ICPC), Osun State Compliance Team, has busted some FCMB officials for allegedly sabotaging the...

Cash crunch: Give me seven days to resolve it, Pres. Buhari urges Nigerians

Following request by APC governors, President Muhammadu Buhari on Friday pleaded with Nigerians to give him maximum seven days to resolve the ongoing...

Old Naira notes swap: Pres. Buhari unhappy about Nigerians’ sufferings, passing phase — Minister

...CBN directs banks to commence the payment of the new Naira notes over the counter, subject to a maximum daily payout limi of...

Naira redesign: NYCN tells CBN to be more proactive to ameliorate sufferings of Nigerians

...wants INEC to tighten loose ends ahead of general elections

Emefiele honours House of Rep invite, appears before Committee on new Naira notes

After several invitations, the Central Bank Governor, Mr Godwin Emefiele on Tuesday appeared before the Ad-hoc Committee of the House of Representatives investigating...

Just in: DSS smashes syndicate selling new naira notes, indicts commercial banks

The Department of State Service (DSS) said on Monday that it has intercepted an undisclosed number of persons caught in the racketeering of...

Old Naira notes: Buhari, CBN back down on Jan. 31 deadline, extend it till Feb.10

The nation’s Apex Bank, the Central Bank, has extended the deadline for the mopping up of old Naira notes from circulation earlier scheduled...

Buhari says old currency notes swap targeted at cash hoarders not businesses

President Muhammadu Buhari said on Saturday that the federal government will ensure that citizens’ businesses are “unharmed” and that no disruption is caused...