Scarcity of Naira easing as banks comply with CBN’s new directives
*But new notes remain elusive*Banks’ profit, and performance unaffected*As their e-banking income surges*Analysts differ on overall impact
There are indications that the three-month-old cash shortages...
CBN evacuates banknotes from vaults, direct banks to open weekend
The Central Bank of Nigeria (CBN) has confirmed the evacuation of banknotes from its vaults to commercial banks across the country as part of...
Old Naira note: Comply ‘immediately’ with supreme court order – NBA tells Buhari
The Nigerian Bar Association (NBA) says the federal government should direct immediate compliance with the supreme court orderextending the validity of old naira notes.
Yakubu Maikyau, NBA president, said this in a...
Naira crisis: Presidency denies asking CBN Governor, AG to disobey Supreme Court
ABUJA —The Presidency has denied rumours that it instructed the Attorney General and the Governor of the Central Bank of Nigeria (CBN) to disobey...
Cashless Policy: See CBN’s Fresh Operational Guidelines
The Central Bank of Nigeria (CBN) on Wednesday issued operational guidelines for open banking in the country.
The guidelines establish principles for data sharing across...
Reject old Naira notes and go to jail, Kogi govt warns residents
Kogi State Government has ordered the arrest of residents who are rejecting the old naira notes.
In a statement on Friday, Kingsley Fanwo, the State...
BREAKING: Buhari approves continued use of old N200 notes
President Muhamamdu Buhari has approved the continued use of the old N200 notes.
The old N200 notes will co-exist with the new N200 notes, the...
Old naira notes remain legal tender – Supreme Court
The Supreme Court has said its February 8 order barring the Federal Government and its agencies from enforcing the February 10 deadline for the...
Governors Order Arrest Of Anyone Rejecting Old Naira Notes
Niger State governor, Abubakar Sani Bello, has directed security agencies in the state to immediately arrest those rejecting the old Naira notes.
A statement issued...
How to report PoS operators charging above N200 for N10k – CBN
The Central Bank of Nigeria has released emergency telephone numbers where Nigerians could report Point of Sales agents selling new naira notes or charging...