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Old Naira Notes no Longer Legal Tender, CBN Warns Nigerians, Banks

The Central Bank of Nigeria has insisted old N200, N500 and N1,000 notes are no longer legal tender despite a Supreme Court order barring the apex bank from implementing the…

BREAKING: CBN Sets to Inject N1trn New Naira Notes into Banks – CBN Offical Reveals

….As Banks, Market Women in Ondo State Reject Old Naira Notes There are indications that the Central Bank of Nigeria, CBN will again inject about one trillion naiira into Nigeria’s…

OPINION: EMEFIELENOMICS: The Politics of Naira Redesign By Musa-Omoloja

In search of ‘something big, or really outstanding ‘, the Governor of Central Bank of Nigeria, Godwin Emefiele, has got himself enmeshed in an unending pollution of the public space.…

Naira Redesign: Again, ICPC bursts Bank, Discovers N258m, Makes Arrests

Operatives of ICPC last week Friday, discovered the sum of Two Hundred and Fifty-Eight Million Naira (N258m) stashed in the vault at the head office of Sterling Bank in Abuja.…

EFCC Arrests Manager of Commercial Bank for Hoarding N29 Million New Naira Notes

An Operations Manager of a leading Commercial bank in Abuja Central Area was on Monday, arrested by operatives of the Economic and Financial Commission, EFCC for refusing to load the…

Ondo State Sunshine Chocolate Factory Hasn’t Been Sold – Cocoa Council

***Expresses Confidence in Gov Akeredolu’s Strides on Cocoa Dev The Ondo State cocoa Council has expressed absolute confidence in the state Governor, Oluwarotimi Akeredolu SAN, on the development of Cocoa in the State.  Arising…

BREAKING: Banks Load Cash with Wrapper in ATMs – ICPC

*** Bursts FCMB Bank, Arrests Manager The Independent Corrupt Practices and other Related Crimes Commission, ICPC has busted a commercial bank, FCMB in Osogbo in Osun State where some ATMs…

Only CBN Will Accept Old Naira Notes After 10 Feb Deadline — Emefiele

Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele on Tuesday disclosed that the old naira notes will be accepted by deposit money banks after the expiration of the…

Banks Receive N30 million Each of New Naira Notes Daily – CBN

The Central Bank of Nigeria (CBN) in Bauchi says it allocates N30 million new naira notes daily to each branch of commercial banks in the state to increase customers’ access…

Extend Deadline For Old Notes By Six Months, Reps Tell CBN

The House of Representatives has asked the Central Bank of Nigeria (CBN) to extend the deadline for the expiration of old N200, N500 and N1,000 notes by six months. This…