CBN directs banks to start paying new naira notes over the counter

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The Central Bank of Nigeria (CBN) on Thursday directed commercial banks to start paying the redesigned naira notes to customers over the counter. CBN governor...

IGP orders arrest, prosecution of naira sellers

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Usman Alkali Baba, the inspector-general of police (IGP), has ordered the arrest of persons selling or abusing the naira. The IGP on Friday instructed the...

JUST IN: Finally, Emefiele appears before reps over naira redesign policy

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Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), is currently before the house of representatives ad hoc committee on the currency redesign...

BREAKING: CBN extends deadline of collection of old Naira Notes by 10days

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The Central Bank of Nigeria (CBN) has extended the deadline for the use of the old notes till February 10. CBN Governor, Godwin Emefiele, announced...

N77trn debt: Each Nigerian to owe N384,864 by end of Buhari’s tenure

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Every Nigerian will be owing N384,864 each when President Muhammadu Buhari leaves office in May 2023, with the country’s debt profile expected to spiral...

FG, States, LGs share N990.2bn for December

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The Federation Account Allocation Committee (FAAC) has shared N990.189 billion to the three tiers of government for December 2022. Phil Abiamuwe-Mowete, Director (Information/Press), Ministry of Finance, Budget and National...

Excitement banks, ATM issue new naira notes

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Commercial banks in Ekiti have begun to issue new naira notes to customers. Automated Teller Machines of the banks are now also stocked with the...

New naira notes not bleaching ― CBN

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The Central Bank of Nigeria (CBN), on Thursday, said that the new naira note is authentic and not bleaching as widely speculated in the...

Why new Naira notes leave ink when rubbed on white surfaces – MINT

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The Nigerian Security Printing and Minting (NSPM) Plc also called MINT, Friday, explained why the new Naira notes leave ink when rubbed on plain...

Bayelsa govt faults CBN on cash withdrawal limits

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The Bayelsa State Government has faulted the current monetary policies of the Central Bank of Nigeria’s policy on daily cash withdrawal limits. While expressing concern...

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RIVERS 2023: “No Part of Ijaw Territory will be made a...

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The Ijaw National Congress (INC) has vowed that it will not allow any Ijaw territory to be used as a battle field for desperate...