naira notes
3 Feb
President Muhammadu Buhari Friday urged citizens to give him seven days to resolve the cash crunch that has become a problem across the country from the policy of the Central Bank of Nigeria (CBN) to change high-value Naira notes with new ones. Buhari said this after meeting with governors elected on the platform of the…
31 Jan
Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele on Tuesday appeared before the ad hoc committee of the House of Representatives on the cashless policy and deadline for the replacement of old naira notes. The House threatened to invoke the provisions of section 89(1)(d) of the Constitution by issuing a warrant of arrest…
30 Jan
The Department of State Services (DSS) has intercepted some members of organised syndicates involved in selling the newly redesigned naira notes. DSS spokesperson, Peter Afunanya, disclosed this in a statement on Monday. Afunanya said the DSS in the course of its operations in parts of the country established that some commercial bank officials were aiding…
29 Jan
The Central Bank of Nigeria (CBN) has extended the deadline for the exchange of old naira notes by 10 days. CBN governor Godwin Emefiele in a statement said the new deadline is Friday, February 10, 2023. Emefiele made the announcement after meeting President Muhammadu Buhari who is on a working visit to Katsina State. READ…
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