PRESS RELEASE: CBN, Police To Prosecute Naira Sellers, Abusers…
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Just In: CBN Orders Banks To Give Out Redesigned Naira Notes Over Counter
Recently, the Central Bank of Nigeria (CBN) has directed banks to pay redesigned naira notes over the counter.
This was contend in its statement signed by the CBN Director, Corporate Communications, Osita Nwanisobi, said: “The…
Why CBN Shouldn’t Extend Naira Swap Deadline – Atiku
The Peoples Democratic Party presidential candidate, Atiku Abubakar, on Wednesday, asked the Central Bank of Nigeria not to grant a further extension after February 10 deadline for naira swap.
This, he said, had become imperative to…
BREAKING: CBN Extends Old Naira Deadline Till February 10
The Central Bank of Nigeria has extended deadline for the swapping of old naira notes till February 10, 2023.
The CBN stated this in a release on Sunday.
The apex bank said it added a 10-day extension of the deadline from January 31,…
New Naira: Buhari, CBN Insist on Jan 31 Deadline
The President, Major General Muhammadu Buhari (retd.), on Saturday, reiterated his earlier position that there was no going back on the naira redesign project and ruled out the extension of the January 31 deadline for the old N1,000, N500…
CBN Super Agents Conducting Cash Swap For New Naira Notes Around Sambisa: Emefiele
Godwin Emefiele, the governor of the Central Bank of Nigeria, says the CBN has super agents in locations around Sambisa to exchange old naira notes for new banknotes.
“We have 1.4 million points of our super agents; those agents are…
CBN Redesign Policy Stabilising Naira at Parallel Market: BDCs
The Association of Bureaux De Change Operators of Nigeria (ABCON) says the CBN’s naira redesign policy has fuelled the currency’s stability at the parallel market.
ABCON president Aminu Gwadabe stated this on Sunday in Lagos.
Mr…
Buhari, Emefiele’s ‘Buga’ Handshake
By Festus Adedayo
This week, there will be a stampede in Nigeria. Stampede for the new Nigerian currencies. The Central Bank of Nigeria (CBN’s) policy of currency change has been variously lauded for its power to purge the…
CBN to Sanction Banks Dispensing Old Currencies, Insists on January 31 Deadline
The Central Bank of Nigeria (CBN) has vowed to sanction commercial banks dispensing old naira notes ahead of the January 31 deadline.
Dr Abdullahi Abubakar Kure, a director at the CBN and serving Managing Director of NIRSAL Microfinance…
Polaris Bank Account Frozen Over Debt
An Ondo State High Court, sitting in Akure, the state capital, has granted a garnishee order, directing the Central Bank of Nigeria to freeze the account of Polaris Bank to the extent of judgment debt of over N2bn.
The bank was said to…