By Tony Obiechina, Abuja The Central Bank of Nigeria (CBN) has debunked reports that it planned to phase out the…
Browsing: Redesigned Naira Notes
This is contrary to the fact available to the governors to the effect that the old notes were in the custody of commercial bank branches throughout Nigeria until the evening of Monday, February 13
Apparently pained by sufferings Nigerians are experiencing due to scarcity of the redesigned Naira notes, President Muhammadu Buhari has approved…
By Harry Awurumibe, Editor Abuja Bureau With the scarcity of the redesigned Naira notes biting harder, the hapless Nigerian citizens…
By Tony Obiechina, Abuja Following the reported cases of individuals recently apprehended by security agencies across the country for selling…
Nigeria’s Secret Police said it has intercepted some syndicates in parts of the country for allegedly selling the new redesigned…
By Tony Obiechina, Abuja Foremost economist and academic, Professor Uche Uwaleke has commended the Central Bank of Nigeria (CBN) for…
A 7-day grace period, beginning on February 10 to February 17, 2023, in compliance with Section 20(3) and 22 of the CBN Act allowing Nigerians to deposit their old notes at the CBN
In spite the laws prohibiting hawking of Naira notes and coins, the perpetrators were freely doing their businesses close to the police out post
The new Naira notes “change colours” and display their denominations when tilted towards the sunlight at an angle.