naira

CBN seeks understanding, to stop PoS charges new Naira notes

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has appealed to Nigerians to show understanding adding  that the redesigned notes would circulate and be accessible. Emefiele…

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EFCC explains arrest of woman for abusing new Naira notes

Operatives of the Lagos Zonal Command of the Economic and Financial Crimes Commission, (EFCC), have commenced investigation of Oluwadarasimi Omoseyin, an actress and cosmetologist, for allegedly tampering with the redesigned…

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Police warn banks on breakdown of law due to Naira scarcity

The Commissioner of Police, Lagos State Command, CP Abiodun Alabi, has called on commercial banks to device policies that would reduce incidents of breakdown of law and order among the…

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Lagos residents groan as scarcity of new Naira notes hits hard

Some Lagos residents have expressed their frustration and anger as they spend hours on long queues without being able to withdraw cash via Automated Teller Machines (ATMs). At some banks…

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Don’t reject old naira notes now, NURTW tells members

The National Union of Road Transport Workers (NURTW), has directed its members to continue to receive the old naira notes, till deadline of the Federal Government’s extension of the new…

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CBN Gov: Only an incorruptible leader ‘ll permit Naira redesign

…….tackles Kano gov on relationship with policy, security challenge Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has said that only an incorruptible leader as President Muhammadu…

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Reps C’ttee rejects CBN’s deadline extension on Naira notes

The House of Representatives Ad-hoc Committee on New Naira Re-design and Naira Swap Policy has rejected the 10 days extension announced by the Central Bank of Nigeria (CBN) for the…

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Buhari approves extension of currency swap by 10 days

President Muhammadu Buhari has approved extension of the ongoing currency swap by 10 days, moving the deadline from January 31 to February 10. A statement by the President’s spokesman, Mr…

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Hawkers sell redesigned Naira notes at Zaria motor park

In spite of scarcity of the redesigned Naira notes in circulation, some smart alecs have been seen hawking the new notes at Dadi Motor Park, Sabon Gari-Zaria, Kaduna State, at…

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Reps’ Speaker threatens CBN, Banks’ MDs with arrest over Naira notes

…….to issue warrant to IGP to compel CBN’s summon The House of Representatives says it will not hesitate to issue a warrant to the Inspector General of Police (IGP) to…

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