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The Kogi State branch of the Central Bank of Nigeria (CBN) rejected customers with less than ₦500,000 for the cash swap process. These customers were advised...
The Ekiti government plans to review the situation following President Buhari’s directive to the CBN to allow old 200 naira notes to co-exist with new notes...
The federal government recently phased out the use of N500 and N1000 notes in violation of a Supreme Court order restraining it from enforcing a deadline....
Buhari is meeting with members of the House of Representatives Ad-hoc Committee to discuss the new Naira policy of the CBN. The committee was set up...
The CBN introduced a naira redesign policy last December. The policy, backed by the president, has been questionably implemented as millions of Nigerians have struggled to...
El-Rufai has been at the forefront of a battle against the federal government over the deadline for the validity of the old naira notes. The governor...
Nigerians across the country, including in Lagos State, have been struggling to access naira notes for several weeks. The naira scarcity is due to the CBN’s...
Millions of Nigerians have had difficulty accessing their own money in the bank for several weeks as a result of the scarcity of new naira notes....
The Supreme Court has upheld the validity of old naira notes as legal tender. The court issued the ruling on Wednesday in response to a lawyer’s...
The CBN has warned PoS agents against charging above N200. The CBN has also threatened to arrest and prosecute offenders. Mr Joseph Omayuku, the Director of...