News
Syndicates Selling New Naira Notes Arrested
The State Security Service (SSS) says it intercepted syndicates allegedly selling the newly redesigned naira notes across the country. A statement by Peter Afunanya, SSS […]
Notes
News
JUST IN: CBN Bows To Pressure, Extends Deadline For Old Naira Notes To Feb 10
The Central Bank of Nigeria has finally extended the deadline for the exchange of old naira notes by 10 days. In a press statement issued […]
Business
Again, CBN Insists On January 31 Deadline For Old Naira Notes
The Central Bank of Nigeria (CBN) has insisted that the deadline for the old naira notes to remain valid is January 31. The CBN said […]
News
Buhari: CBN Working To Prevent Chaos Over Distribution Of New Naira Notes
Nigeria’s President Muhammadu Buhari has said efforts are ongoing to ensure improved distribution of the new naira notes. In a statement on Saturday by Garba […]
Business
Borno Establishes Emergency Banks To Mop Up Old Naira Notes
The Governor of Borno State, Babagana Zulum has directed the state Ministry of Finance to quickly establish branches of existing microfinance banks in 25 local […]
Business
JUST IN: January 31 Deadline For Old Naira Notes Remains, CBN Insists
The Central Bank of Nigeria (CBN) says its January 31, 2023 deadline for the validity of the old N200, N500 and N1,000 notes remains. The […]
Business
CBN: Banks To Pay N1m Fine Daily Over Failure To Collect Redesigned Naira Notes
The Central Bank of Nigeria (CBN) says any commercial bank that fails to pick up the new naira notes for distribution will be fined N1 […]
Business
Portrait Watermark, Gold Patch’ — CBN Highlights Security Features Of Redesigned Naira Notes
The Central Bank of Nigeria (CBN) has disclosed the position of security features on the new series of N200, N500 and N1,000 notes. The apex […]
Business
Banks Begin Dispensing Redesigned Naira Notes — But Limited Supply In Circulation
In line with the directive of the Central Bank of Nigeria (CBN), deposit money banks (DMB) began dispensing the redesigned naira notes to customers across […]
Business
Buhari Unveils Redesigned Naira Notes
President Muhammadu Buhari has unveiled the new naira notes. Buhari unveiled the new currency notes on Wednesday morning before the federal executive council (FEC) meeting […]