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Tag: CBN

Supreme Court

News, Top Stories

Naira crisis: All eyes on Supreme Court today as governors battle FG, CBN

The CBN's Naira redesign policy has impoverished the masses. Many are hungry as the new naira notes are nowhere to…
Aisha Buhari

News, Top Stories

How fake news statement on old naira notes appeared on my social media pages – Aisha Buhari

She said her Instagram account was hacked and that the hacker posted the fake statement which also appeared on her…

Business, News, Top Stories

Aisha Buhari is a liar, we didn’t extend use of old naira notes by 70 days – CBN

Aisha had shared a statement purportedly emanating from the CBN on all her verified social media platforms that the apex…
Gov. Abdullahi Ganduje reiterates plea for forgiveness from those he might have offended while governing Kano state in the past eight years.

News

Ganduje: Kano people suffering from ‘COVID-23’

Gov. Abdullahi Ganduje has said the effect of the currency redesign policy of the Central Bank of Nigeria, CBN and…
DSS finally drags Godwin Emefiele to court

News

CSOs challenges FG, CBN on hoarders of Naira notes

The CSOs said this in reaction to claim by the Federal Government that some people were keeping billions of old…
DSS finally drags Godwin Emefiele to court

2023 Elections, Opinion, Top Stories

Foolish CBN! Vote-buying made Easy

What the CBN didn't realise is that politicians have enough of this new notes at their disposal. Vote-buying will now…
Former Education Minister, Oby Ezekwesili advises government on how to respond to protests by some Nigerian youths starting from 1 August

Business, Top Stories

Naira crisis: CBN compromised, Buhari runs it from Aso Rock Villa – Ezekwesili

She faulted the apex bank on the naira redesign policy, which has impoverished Nigerians, causing untold hardship in the country.
Abdullahi Adamu

2023 Elections, Politics, Top Stories

CBN, AGF must respect Supreme Court’s order on old Naira notes now – APC, governors

The Supreme Court had in a ruling on 8 February granted an interim injunction that the CBN and the federal…
CBN

Business, Top Stories

Confusion: Banks dare CBN, to collect old N500, N1000 notes

There had been report earlier on Friday that the Central Bank of Nigeria (CBN) directed commercial banks in the country…
Ex- Kano lawmaker Yusuf Sulaiman says emergence of Abdullahi Ganduje as National Chairman of APC has sent jitters to the camp of the PDP.

Business, Metro

Cashless Policy: CBN bias, no allocation given to Kano in four days – KNSG

He said the prejudiced approach by the CBN Governor, Godwin Emefiele, to the implementation of the cashless policy, no matter…
DSS finally drags Godwin Emefiele to court

News, Top Stories

CBN denies asking banks to accept old N500, N1000 notes

The Central Bank of Nigeria (CBN) has urged Nigerians to disregard messages quoting the apex bank as having authorized the…
CBN

Business, Top Stories

Breaking: CBN orders banks to collect old N500, N1,000 notes

The CBN had ordered banks to stop the collection of old notes from Nigerians since February 13, 2023, an action…
Buhari orders security forces to bring perpetrators of killings in Benue to book

Opinion, Top Stories

What manner of President is this violating Supreme Court’s order with impunity?

The president's nationwide broadcast is a slap on the judiciary, a slap on the power of the apex court as…
President Buhari asks Senate to confirm appointment of 12 nominees as members of Governing Board of North East Development Commission (NEDC).

News

President Buhari returns old N200 notes into circulation (full speech)

In the last quarter of 2022, President Buhari authorised the Central Bank of Nigeria (CBN) to redesign the N200, N500,…
The Presidency tackles governors El Rufai, Ganduje over claims that President Buhari was plotting to foist interim government on the country

News, Top Stories

How FG lied that CBN has destroyed old N500, N1,000 notes – El-Rufai

The statement said there had been no meeting this week between the FG and either the Nigerian Governors’ Forum (NGF)…
Again, protesters block Ore-Benin expressway

Metro

Three dead as security agencies foil attack on CBN in Benin

The protesters had reportedly attempted to invade the Benin branch of the Central Bank of Nigeria (CBN), when the incident…
DSS finally drags Godwin Emefiele to court

Metro, Top Stories

Nigerians can continue to spend old naira notes – Supreme Court

The apex court, while adjourning the case to Wednesday, 22nd February, said the old order to suspend the ban of the…
The presidency defends President Buhari, CBN on alleged disobedience of Supreme Court order on deadline for withdrawal of old naira notes

News, Top Stories

Naira notes: Presidency says Buhari, CBN will speak after Supreme Court hearing

The Supreme Court had on Feb. 8, directed all parties to maintain the status quo while quashing the Feb.10, 2023…
Senate clears Nyesom Wike for ministerial role

Headlines, News

Implementation of Naira swap policy political – Wike

Wike said people are not necessarily opposed to the redesign of the N1000, N500 and N200 notes, but they are…
Falana and Emefiele

Business, Top Stories

Supreme Court has to make example of Emefiele, nobody above law – Falana

The Supreme Court had last week ordered the CBN to stay action on its deadline for the swapping of old…
NECA warns that the proposed strike by the NLC will disrupt economic activities and businesses in the country and will be counter-productive.

Business

Naira redesign policy destroying economy – NECA

According to NECA, the cash squeeze as a result of poor implementation of the policy has impacted on the purchasing…
Bola Tinubu

Business, News, Top Stories

Six urgent ways CBN can bring relief to cash-trapped Nigerians – Tinubu

Tinubu also advised the CBN to suspend immediately associated charges on online transactions and bank transfers and payments via POS…
EFCC

Business, Metro

Ekiti joins states suing FG, CBN over Naira crisis

The statement said the suit, with the number SC/CV/162/2023, had Attorneys General of Kaduna State, Kogi State and Zamfara State…
Senate clears Nyesom Wike for ministerial role

News

‘You’re enemy of Nigerians’ – Wike tackles PDP over naira redesign policy

Wike who noted that the poor implementation of naria redesign policy has resulted in socioeconomic hardship for Nigerians spoke at…
Members of Council of State advises CBN to make the new naira notes available or recirculate the old ones to end the suffering of Nigerians

News, Top Stories

Council of State to CBN: Push out more new naira notes or recirculate old ones

According to them, while members of Council of State were in support of the naira redesign policy, they noted that…
Authorities of CBN, officials of anti-graft agencies monitor disbursement of new naira noted at the Point of Sales (POS) in Benin, Edo State.

News

CBN, ICPC, CSO, others monitor POS transactions in Edo

By Jethro Ibileke Authorities of the Central Bank of Nigeria (CBN), Benin Branch, on Thursday monitored operators of Point of…
APC planning to cause civil unrest ahead governorship poll - Edo Govt

News

Currency swap: Obaseki tackles El-Rufai

By Jethro Ibileke Governor Godwin Obaseki of Edo has distanced himself from the comments and moves by the Governor of…
Senate clears Nyesom Wike for ministerial role

News, Top Stories

Naira swap: Wike disowns Atiku, PDP, hails Supreme Court

PDP and Atiku had despite the hardship inflicted on Nigerians by scarcity of the new naira notes had encouraged the…
Sanwo-Olu addressing the media

Metro, Top Stories

(Breaking) Naira, fuel crises: Sanwo-Olu rolls relief packages, slashes BRT, LAGFERRY fares

The governor, in a press conference in Marina announced 50 percent reduction on all Lagos State public transport system, such…
Naira fluctuations have prompted businesses to adapt, says Bunmi Adeleye of Retail Supermarkets Nig. Ltd, owners of Shoprite Nigeria.

Business, Metro

Cash crunch: CBN disburses ₦1.6bn to banks in Edo

He said: “We are pushing out money regularly. On Sunday, we gave banks N400 million. That is why they were…
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