Saturday, 10th June 2023
Breaking News:

Old naira notes

30 Mar
It was a moment of relief for Abuja residents, following the release of old naira notes by banks.
15 Mar
The silence of the Central Bank of Nigeria (CBN) on the trillions of naira it mopped from the financial system continues to cast doubt on the possibility of achieving sufficient naira circulation in the near term, after Monday night’s directive urging banks to comply with the Supreme Court ruling extending the validity of the old banknotes...
15 Mar
Following the Central Bank of Nigeria’s (CBN) directive to commercial banks to accept and dispense old N1,000, N500 and N200 notes, as legal tenders till December 31, this year, in obedience to the judgment of the Supreme Court on March 3, Delta State Government, yesterday, urged residents of the state to accept the old notes.
13 Mar
Lagos State Governor, Mr Babajide Sanwo-Olu, on Monday, directed residents of the State to go ahead and have transactions with the old Naira notes, saying Lagosians should feel free to use the old notes for commercial purposes.
13 Mar
Gov. Ademola Adeleke of Osun, has warned commercial banks in the state to stop issuing old naira notes to customers, if they will not accept it back as deposits.
11 Mar
Some Lagos residents have expressed regrets for collecting the old N500 and N1,000 notes from commercial banks, after the Supreme Court judgment validating it as legal tender till Dec. 31.
10 Mar
Gov. Yahaya Bello of Kogi has threatened to arrest and prosecute those rejecting the old Naira notes.
10 Mar
Ondo State Governor, Oluwarotimi Akeredolu, yesterday, decried continued rejection of old naira notes by traders and business owners in various parts of the state.
15 Feb
Ogun State Governor, Dapo Abiodun, has threatened to shut down commercial banks operating in the state that refuse to accept old Naira notes. The warning is sequel to complaints that commercial banks and some filling stations were rejecting the old Naira notes as legal tender.
14 Feb
Anxiety is building up as commercial banks in Kano are refusing to attend to customers with the old naira notes. Our correspondent gathered that the banks are not issuing the new naira notes to customers in return. The Guardian observed that some branches of financial institutions in the city have already shut down operations against…
12 Feb
Many business operators in the Federal Capital Territory (FCT), have started rejecting the old Naira notes in spite of Supreme Court order temporarily halting the ban on their use.
8 Feb
As Nigerians wait for the much-needed reprieve to the current cash squeeze ahead of Friday’s deadline of the cash swap policy, a meeting between President Muhammadu Buhari and the Nigerian Governors’ Forum (NGF), apparently, scheduled to discuss the sensitive situation failed to hold yesterday.


2 mins ago
Romania on Saturday said it had recalled its ambassador to Kenya for allegedly comparing a monkey to Africans while attending a meeting in Nairobi.
30 mins ago
Presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar has called two additional witnesses to further prove his allegation of malpractice at the Feb. 25 election.
34 mins ago
Ondo State Government has pledged continuous support to families of victims of the June 5, 2022 gunmen attack on St. Francis Catholic Church, Owo.
1 hour ago
Hundreds of jubilant fans greeted Lionel Messi as he arrived on Saturday in Beijing, where his World Cup-winning Argentina will face Australia in a friendly match next week.
1 hour ago
South African President Cyril Ramaphosa has briefed Chinese counterpart Xi Jinping about an upcoming mission by African leaders to Russia and Ukraine to try and broker peace, Pretoria said Saturday.