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Tag: new naira notes

Commercial motorcyclists, popularly known as Okada riders, in Kubwa area of FCT explains why they are rejecting the new Naira notes

News

Why we’re rejecting new naira notes – Abuja Okada riders

The Okada riders said they are rejecting the new Naira notes because many counterfeits of the new currency are in…
DSS finally drags Godwin Emefiele to court

News

No plans to phase out redesigned Naira notes – CBN

The Central Bank of Nigeria (CBN) said no plans to phase out the redesigned Naira notes from circulation.
Naira fluctuations have prompted businesses to adapt, says Bunmi Adeleye of Retail Supermarkets Nig. Ltd, owners of Shoprite Nigeria.

Business, News

Dec.31 deadline: Expert worries over non availability of new Naira notes

“If what is in circulation right now are the old Naira notes, it then means even the new Naira notes…
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…

Business, News

CBN reacts to news of printing materials shortage

“The attention of the Central Bank of Nigeria has been drawn to a misleading report misquoting the Governor, Mr Godwin…
APC chairman Adamu loses Nasarawa senatorial seat

News, Politics

Please sheathe your sword, APC appeals to protesters in Ondo

“Our people in the state are groaning about their current living conditions, a situation that threatens us as the ruling…
Commercial motorcyclists, popularly known as Okada riders, in Kubwa area of FCT explains why they are rejecting the new Naira notes

Business, News

Old Naira deadline: Akure residents laud Supreme Court judgement

Oke, a lecturer at the Ekiti State University, Ado Ekiti, said that the cashless policy was good, but that the…
Gov. Babagana Zulum urges members of communities affected by insecurity in Southern Borno to defend themselves against any insurgents group.

News

CSOs cry out over hardships in Borno

Leader of the network, Mr Bulama Abiso, stated on Saturday in Maiduguri that the agony being experienced was blameable on…
Emefiele: Ex-CBN director confirms receiving $2.5m as gift from $6.2m election money

News

New notes: CBN meets commercial banks in Gombe

“The meeting is in furtherance of our engagement that we have been having with the banks so as to smoothen…
Aggrieved customers

Metro

Naira scarcity: Angry customers lock up banks in Edo, barricade Ring Road

The aggrieved customers, mostly youths, also barricaded the entire Ring Road and its adjoining streets, thereby compelling motorists and pedestrians…
IInspector-General of Police (I-G), Usman Baba orders his officers to be firm and ruthless to criminals during Easter celebrations

Metro, Top Stories

IGP orders FCID, FIB to arrest, prosecute Nigerians selling new Naira notes

The IGP specifically ordered the Deputy Inspector-General of Police in charge of the Force Criminal Investigations Department and the Assistant…

Metro, Top Stories

Pandemonium, riot in Ibadan over new naira notes crisis (Videos, photos)

Hundreds of angry mob took to the streets in the morning protesting the Central Bank of Nigeria's (CBN) currency redesign…
Protest over new naira notes

Metro, Top Stories

Massive protest in Lagos over new naira notes (video)

Scarcity of the new naira notes has spread across Nigeria with Nigerians groaning due to inability to access money to…
Naira fluctuations have prompted businesses to adapt, says Bunmi Adeleye of Retail Supermarkets Nig. Ltd, owners of Shoprite Nigeria.

Business, Top Stories

JUST IN: CBN issues new order to banks on new naira notes

This is as a result of scarcity of the new notes across ATMs in the country and the banks being…
Emefiele at the House of Reps on Tuesday

Business, Top Stories

Emefiele drops important information on old and new naira notes swapping (Video)

Emefiele appealed to Nigerians to be patient as the exercise was not an easy one at all, saying that at…
NBA, DSS

Business, Headlines, Metro

DSS smashes syndicates selling new naira notes, implicates bank officials

DSS' spokesman, Peter Afunanya, in a statement on Monday said in the course of its operations, in some parts of…
Ex- President Muhammadu Buhari insists naira redesign policy of former Governor of CBN Godwin Emefiele ensured 2023 elections were "cleaner"

Business, Top Stories

N2.72 trillion old Naira notes hidden in people’s homes

He said as at October 2022, currency in circulation had risen to N3.23 trillion, out of which only N500 billion…
ATM Cards

Business, Metro

New notes scarcity: Anambra residents adopt cashless method

As a result of these challenges faced by the people in accessing the new naira notes, the residents have tried…
Naira fluctuations have prompted businesses to adapt, says Bunmi Adeleye of Retail Supermarkets Nig. Ltd, owners of Shoprite Nigeria.

News

‘Naira frenzy’ grounds business activities in Sokoto, Kebbi, Zamfara

The Muslim Rights Concern ( MURIC) has lamented that businesses have been almost grounded in Sokoto, Kebbi and Zamfara State…
Naira fluctuations have prompted businesses to adapt, says Bunmi Adeleye of Retail Supermarkets Nig. Ltd, owners of Shoprite Nigeria.

Business, Metro

CBN issues N120m new notes to agents in Katsina

“And the agents are supposed to collect from the banks N500,000 per week to disburse in their Communities. We know…

Business, Metro

Calabar residents keep vigil at ATMs for new naira notes

“The worst of it is that many people are refusing to accept the old notes. I am at crossroads on…
Emefiele

Business, Metro

Cash swap: CBN deploys 200 agents in Jigawa

“Within Jigawa state, we have about 200 agents engaged because we’ve noticed that in rural areas, we have unbanked communities…
Kano govt asked President Buhari to postpone his visit to the state in deference to 'suffering' of the people over the new naira notes

News, Top Stories

New naira notes: Kano govt fears protests, postpones Buhari’s visit

Buhari was expected to be in Kano next Monday and Tuesday to commission some projects of the Ganduje administration.
CBN intensifies campaign on the new naira notes towards the 31st, January deadline for the stoppage of the use of the old notes in Ogun.

News

Redesigned Naira notes: CBN intensifies sensitization of Nigerians

Adejoke Adeleye/ Abeokuta The Central Bank of Nigeria, CBN, has intensified its campaign on the new naira notes towards the…
Aggrieved parties file 25 petitions, tackle Gbajabiamila, Faleke, others

Headlines, News

Gbajabiamila threatens Emefiele with arrest over new naira notes

The House of Reps had on Jan. 24 summoned the bank chief executives and CBN Governor over the scarcity of…
Outgoing NLC President Ayuba Wabba, urges government to finds solutions to scarcity of naira notes and petrol across the country.

News

Revisit policy on new Naira notes, NLC tells CBN

“It is obvious that even in the city centres, banks are still dispensing old notes and this is correct. I…
Naira fluctuations have prompted businesses to adapt, says Bunmi Adeleye of Retail Supermarkets Nig. Ltd, owners of Shoprite Nigeria.

Business

Amid scarcity of new Naira notes CBN claims massive supplies

Emefiele advised citizens to deposit their old notes at any commercial bank and obtain new ones as soon as possible,…
Naira fluctuations have prompted businesses to adapt, says Bunmi Adeleye of Retail Supermarkets Nig. Ltd, owners of Shoprite Nigeria.

News

Traders reject old Naira notes, close businesses

Rather than in their business premises, they spent a significant amount of time at commercial banks replacing old banknotes with…
Aggrieved parties file 25 petitions, tackle Gbajabiamila, Faleke, others

News

New naira notes: Reps summon banks’ CEOs, CBN Governor

The decision to summon Emefiele and bank CEOs followed the adoption of a motion of urgent public importance moved by…

Business, Top Stories

JUST IN: No going back on Jan. 31st deadline to phase out old notes – CBN

CBN Governor, Godwin Emefiele, who spoke at the apex bank's Monetary Policy Committee meeting in Abuja, stated that Nigerians were…
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