UPDATED: Only CBN, not Banks, will be able to accept old naira after deadline, ‘Subject To Certain Conditions’
The Central Bank of Nigeria (CBN) has clarified it’s position on the legal status of the old series of the…
Osinbajo: Cashless Policy Will Curb Illicit Election Financing In Nigeria
He noted that so much money can be spent without it being tracked under the current election financing system in…
Old notes: There’s need for slight extension, Jan. 31 deadline too tight, will cause heavy discomfort – Atiku
The presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, has called for extension of deadline by the Central…
NBA Writes Emefiele, states CBN’s Statutory Obligation To Redeem Old Banknotes After January 31
Maikyau expressed what he described as telling concerns about the fate of Nigerians with the old currency past the deadline,…
Businesses, customers reject old notes as CBN’s Jan 31 deadline closes in
As the deadline for the cessation of old notes closes in, many business owners and customers across Lagos have started…
Senate asks CBN to extend deadline for old naira notes till July 31, as CBN insists on January 31 deadline
…raises interest rate to 17.5% The Senate has once again asked the Central Bank of Nigeria (CBN) to extend the…
CBN to sanction banks over new naira notes scarcity
As public anger over the scarcity of new naira notes persists, the Central Bank of Nigeria (CBN), on Thursday stormed…
Despite issues, Nigeria ends 2022 as Africa’s largest oil producer
The Organisation of Petroleum Exporting Countries (OPEC) has revealed that Nigeria ended 2022 as Africa’s largest oil producer. According to…
Cash Withdrawal Limit: Banks Suspend Naira Credit, Prepaid Cards transaction
Banks have informed customers through text messages that these channels can no longer be used to access cash for the…
Economy: Nigeria’s inflation rate hits 21.34%
The Consumer Price Index (CPI) which measures the rate of change in prices of goods and commodities increased by 5.72…
CBN launches new electronic card for domestic transactions
Nigerians will from today receive a new electronic card for local transactions that will be charged in Nigeria. The procurement…
New naira: CBN under pressure to extend Jan 31 deadline
The Central Bank of Nigeria may be under pressure to extend the deadline for old naira notes to cease being…
Abia 2023: Okey Ahaiwe, Ikpeazu’s ex-chief of staff emerges Abia PDP guber candidate
The immediate past Chief of Staff to Governor Okezie Ikpeazu, Okey Ahaiwe, has been elected as the governorship candidate of…
CBN insists on February 10 Naira swap deadline
The governor of Central Bank of Nigeria , Godwin Emefiele, said the bank is not considering an extension of the…
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