The Lagos Zonal Directorate of the Economic and Financial Crimes Commission has secured the conviction of Hammed Saka for hawking new naira notes. Justice Ayokunle Faji...
The Central Bank of Nigeria (CBN) says it has not fixed any deadline for the circulation of the old N200, N500 and N1,000 banknotes. The Acting...
The Central Bank of Nigeria has instructed all its branches nationwide to continue issuing various denominations of both old and redesigned banknotes in ample quantities to...
Governor Yahaya Bello of Kogi has threatened to arrest and prosecute those rejecting the old Naira notes. This is contained in a statement issued by Bello’s...
Fighting erupted in some areas on the popular Lagos-Ikorodu expressway in Lagos State over the scarcity of the new naira notes and the hardship the policy...
President Muhammadu Buhari has approved the continuous use of the old N200 as legal tender till April 10. The President made this known on Thursday morning...
GUIDELINES TO DEPOSIT OLD NGN1000, NGN500 AND NGN200 NOTES AT THE CBN • Please note that this is a Cash Deposit Program, not a Cash Swap...
The Central Bank of Nigeria (CBN) has attributed hoarding of the new Naira notes by Nigerians as being responsible for its scarcity, and not that small...
Every business owner knows that to increase your business profit margin; you need to reduce your cost of production. Cost of production, also known as cost...
Some Point of Sale (PoS) operators have alleged that bank officials sell cash (both old and new naira notes) to them depending on the amount withdrawn....
President Muhammadu Buhari has requested seven days for a major decision on currency redesign as Nigerians suffer scarcity of naira notes. In a press statement by...
The Manufacturers Association of Nigeria (MAN) on Friday in Lagos emphasised the need for the CBN to intensify efforts at ensuring a seamless transition from old...
