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The Central Bank of Nigeria has denied reports that it plans to phase out the newly redesigned naira notes. The bank stated that old and new...
Nigerians are hoarding redesigned naira notes ahead of the December deadline for the phasing out of old notes. Despite the Supreme Court ruling that old and...
The CBN has stated that the naira redesign policy was to support stability in the exchange rate and fight crime. The CBN reassured Nigerians of the...
The CBN has denies reports that it suspended accounts of Fintech companies, OPAY and PALMPAY. The apex bank described the viral news as “simply fake”. The...
The CBN has released more cash into the economy. The CBN has also ordered commercial banks to operate on weekend. The development is coming days after...
Akeredolu has issued a new directive to Ondo residents regarding the Old Naira Notes. In a state-wide broadcast on Thursday, the Governor stated that refusal to...
Hoodlums have destroyed three commercial banks in Rivers State. The affected institutions are First Bank, Keystone Bank, and the First City Monument Bank. The hoodlums reportedly...
The CBN has been told to shun the Supreme Court ruling on the use of old naira notes. The apex court had, in the judgement, annulled...
The Association of Corporate Affairs Managers of Banks has released a formal statement denying the allegations of commercial banks fueling the naira scarcity. According to Rasheed...
ISWAP reportedly did a giveaway with the old naira notes to Borno residents on the Highway. The gesture is coming following the deadline set by the...