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Tag: new naira notes

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…
EFCC

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…