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New Naira notes

CBN Places Service Restriction On PoS Agents Across Nigeria
Business

CBN To Reveal Banks’ Disbursement Details Of New Naira Notes

The Central Bank of Nigeria (CBN) has responded to the request made by an activist lawyer, Femi Falana (SAN), to provide details of the disbursement of the new N200, N500 and N1,000

More
by Fakoyejo Olalekan
3 months ago
‘Protests Are Forbidden’- El-Rufai Warns
Politics

‘Buhari Approved Naira Redesign, CBN Did Recolouring’- El-Rufai

Kaduna State Governor, Nasir El-Rufai, has remodeled his opposition to Nigeria’s currency policy to focus more pointedly on the Central Bank of Nigeria  Governor, Godwin Emefile, and less on President Muhammadu Buhari;

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by Bisina Somto
3 months ago
What is in Buhari’s Handover Note?
Currency/Finance & Economy/Insights

7 Important Takeaways From Buhari’s Speech On Naira Policy

The CBN on 26 October 2022, announced the introduction of redesigned N100, N200, N500 and N1,000 banknotes into the financial system and in December 2022, introduced the new naira note design to

More
by Ezuka Sharon
3 months ago
Cashless Economy and Presidential Cabal - Salihu Moh. Lukman
2023 Elections/Business/Politics

Cashless Economy and Presidential Cabal – Salihu Moh. Lukman

Nigerians are today faced with the most uncertain of times. With national elections few days away and deliberate cash squeeze enforced by a deliberate policy of the Central Bank of Nigeria (CBN).

More
by Salihu Moh. Lukman
4 months ago
EFCC Questions Actress Over Spraying, Stepping On New Naira Notes
Latest News

EFCC Questions Actress Over Abuse Of New Naira Notes

Operatives of the Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) have commenced investigation of Oluwadarasimi Omoseyin, an actress and cosmetologist, for allegedly tampering with the redesigned Naira notes,

More
by Victor Ezeja
4 months ago
Currency/Latest News

EFCC Arrests Racketeers Of New Naira Notes

Operatives of the Economic and Financial Crimes Commission (EFCC), have arrested members of a  syndicate of currency racketeers hoarding and trading with the redesigned Naira notes. According to a statement by the

More
by PBA Reporter
4 months ago
KPMG Makes Naira Projection After Foreign Capital Importation Drops To $1.06 billion
Currency

Naira Redesign: Commuters Stranded As Traders, Artisans Reject Old Notes In Enugu

Unavailability of the new naira notes has caused palpable uneasiness among commuters in parts of Enugu State. Traders, artisans and POS operators have stopped collecting old notes for almost a week now

More
by Ndidiamaka Ede, PBA Journalism Mentee and Makwe Nkiruka, PBA Journalism Mentee
4 months ago
Breaking: Supreme Court Set March 3 For Final Judgement On CBN's Naira Redesign Policy
Business

CBN Fumes As Politicians Mop Up New Naira Notes In Nigerian Banks

Commercial banks in Nigeria risk sanction from the country’s financial regulator, the Central Bank of Nigeria (CBN), for exclusively dishing out the new naira notes politicians. In a statement signed by Benedict

More
by Fakoyejo Olalekan
5 months ago
UBA Limits Daily Withdrawal Of New Naira Notes, As Scarcity Hit Banks
Business

UBA Limits Daily Withdrawal Of New Naira Notes, As Scarcity Hits Banks

Nigerian banks are rationing the new naira notes, struggling to increase circulation, as the deadline to phase out the old legal tender nears. Prime Business Africa reported that the Central Bank of

More
by Fakoyejo Olalekan
5 months ago
Banks Struggle With New Naira Notes On ATMs
Business/Latest News/Top Stories

Banks Struggle With New Naira Notes On ATMs

Multiple sources within the banking industry have confirmed that the weeks leading to the January 31 termination of old naira notes will see banks cut down on  maximum amount for single ATM

More
by Uduegbunam Chukwujama
5 months ago
1 2 Next

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