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Naira notes

Cash Scarcity: Old ₦1000, ₦500, ₦200 Notes Still Valid – CBN

The Central Bank of Nigeria (CBN) has reassured that the old ₦1,000, ₦500 and ₦200 naira banknotes currently in circulation are still valid as legal tender across the country. The CBN in a statement by acting Director, Corporate Communications, Sidi Hakama Ali,

December 14, 2024

Naira To Sustain Depreciation In 2024 - Analysis Reveals

Business·Finance & Economy·News

CBN’s Old, New Naira Notes To Co-exist Indefinitely – Supreme Court Rules

The Supreme Court, on Wednesday, ruled that the old Naira denominations of N200, N500 and N1,000 notes continue to co-exist with the new notes as legal tender till further notice. The Supreme Court had in March 2023 extended the deadline for the

November 29, 2023

Business

CBN Naira Redesign Policy Deteriorates Business Condition – Stanbic IBTC

A new report by Stanbic IBTC has shown that the Naira redesign policy of the Central Bank of Nigeria (CBN) has negatively impacted the Nigerian economy. The report, which covers February and titled “Stanbic IBTC Bank Nigeria PMI (Purchasing Managers’ Index),” said

March 6, 2023

Finance & Economy·News

LCCI Kicks Against Redesign Of Naira Notes

Lagos Chamber of Commerce and Industry (LCCI) has joined voices with those opposing the proposal of redesigning the Naira notes by the Central Bank of Nigeria effective from December 15, 2022. Prime Business Africa reports that the Governor of the Central Bank

October 30, 2022

Business·Currency

EFCC Boss Warns Banks, BDC Operators Of Illicit Money Exchanged For Redesigned Naira

Bureau De Change operators and commercial banks have been warned by Economic and Financial Crimes Commission (EFCC) ahead of the release of the redesigned naira notes in December. The Executive Chairman of EFCC, Abdulrasheed Bawa, said financial institutions should be careful at this period,

October 27, 2022

CBN Places Service Restriction On PoS Agents Across Nigeria

Business

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Naira notes

Cash Scarcity: Old ₦1000, ₦500, ₦200 Notes Still Valid – CBN

CBN’s Old, New Naira Notes To Co-exist Indefinitely – Supreme Court Rules

CBN Naira Redesign Policy Deteriorates Business Condition – Stanbic IBTC

LCCI Kicks Against Redesign Of Naira Notes

EFCC Boss Warns Banks, BDC Operators Of Illicit Money Exchanged For Redesigned Naira

Just In: CBN To Release Redesigned Naira Notes, Accuses Nigerians Of Hoarding N2.7 trillion

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