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old naira notes - Page 2

Nigeria's Treasury Bills Surpass N6.6trn In 2023 Amid Economic Headwinds

Breaking: Supreme Court Sets March 3 For Final Judgement On CBN’s Naira Redesign Policy

The final Supreme Court judgement on the Naira redesign policy of the Central Bank of Nigeria (CBN) will be delivered on Friday, 3 March 2023. The Supreme Court, led by seven justices, revealed this on Wednesday, 22 February 2023, after they insisted

February 22, 2023

Business

Updated: We Refuse To Be Used As Scapegoat, Supreme Court Says On Old Naira Notes Case

The Supreme Court has stated that it doesn’t want to be used as a scapegoat due to the old Naira notes case brought before it by Kaduna, Kogi and Zamfara, and seven other state Governments. During the hearing on Wednesday morning, 22

February 22, 2023

CBN Asked To Disburse N250 billion To Cushion Subsidy Removal

Business

CBN Begins Door-to-door Delivery Of New Naira Notes After Ganduje Threat

The distribution of the new Naira notes has taken a new turn as the Central Bank of Nigeria (CBN) delivers the cash door-to-door in Kano State. CBN representatives in Kibiya, Rano, and Tundun Wada local government areas in Kano State went to

February 21, 2023

Railway Revenue Drops By N1.31 billion Within Three Months

Business

Naira Scarcity: Railway Managers Demand Cash, Reject Electronic Payment

The management of the Nigerian Railway Corporation (NRC) has stated that its operational policy is against digital transactions, as passengers face Naira scarcity. It was gathered that the railway corporation is turning down passengers who prefer to use electronic channels to pay

February 21, 2023

CBN Denies Discriminating Against People With Physical Disabilities Seeking Job

Business

IMF Calls For Review Of CBN Act 2007, Demand Release Of Financial Statements

The Central Bank of Nigeria (CBN) Act 2007 needs to be reviewed to align with international best practices, the International Monetary Fund (IMF) observes. IMF stated in its latest Report – ‘Nigeria: 2022 Article IV Consultation’ – that the CBN Act is

February 20, 2023

Business

Bank CEOs Meet Over Old Naira Deadline

The Chief Executive Officers of Nigerian Deposit Money Banks (DMBs) met amid confusion over deposits of old N200, N500 and N1,000 notes. Prime Business Africa previously reported on Friday, 17 February 2023, that the Central Bank of Nigeria (CBN) denied authorising banks

February 20, 2023

Atiku Highlights Why Nigeria’s 2025 Budget Is Unsustainable

Business

Atiku Withdraws Support Over CBN’s Handling Of Old Naira Notes

The presidential candidate of the Peoples’ Democratic Party (PDP), Atiku Abubakar, has began to sing a different tone as regards the deadline the Central Bank of Nigeria (CBN) chose to phase out the old Naira notes. Atiku had supported the 10 February

February 20, 2023

CBN Places Service Restriction On PoS Agents Across Nigeria

Business

CBN Denies Ordering Banks To Accept Old N500, N1000 Notes

The Central Bank of Nigeria (CBN) has denied ordering Deposit Money Banks (DMB) to accept deposits of old N500 and N1000 notes from the public. In a statement released on Friday, CBN’s corporate communications director, Osita Nwanisobi, denied the central bank directed

February 17, 2023

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency

Nigerians Rush For Dollar, Push UP USD Rate Amid Naira Scarcity

The Naira lost some value against the United States Dollar (USD) in official and black markets, on Thursday, 16 February 2023. The FMDQ Exchange, which tracks official exchange rates, reports that the value of Dollar went up by 0.11 per cent or

February 17, 2023

GTCO, First Bank Fail To Make Top Five Performing Nigerian Bank Stocks In H1

Business

Updated: Emefiele Orders Banks To Accept Old N500, N1,000, Set Condition For Depositors

The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMB) to accept the old N500 and N1,000 notes but set a limit to customers’ deposits. CBN said the old N500 and N1000 notes are not legal, however, banks are allowed

February 17, 2023

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old naira notes - Page 2

Breaking: Supreme Court Sets March 3 For Final Judgement On CBN’s Naira Redesign Policy

Updated: We Refuse To Be Used As Scapegoat, Supreme Court Says On Old Naira Notes Case

CBN Begins Door-to-door Delivery Of New Naira Notes After Ganduje Threat

Naira Scarcity: Railway Managers Demand Cash, Reject Electronic Payment

IMF Calls For Review Of CBN Act 2007, Demand Release Of Financial Statements

Bank CEOs Meet Over Old Naira Deadline

Atiku Withdraws Support Over CBN’s Handling Of Old Naira Notes

CBN Denies Ordering Banks To Accept Old N500, N1000 Notes

Nigerians Rush For Dollar, Push UP USD Rate Amid Naira Scarcity

Updated: Emefiele Orders Banks To Accept Old N500, N1,000, Set Condition For Depositors

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