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Confusion continues Supreme Court adjourns & CBN governor insists no going back on deadline

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The Supreme Court has adjourned for another week, amid desperation by Nigerians, the suit filed by three state governments seeking to stop the Central...
Business

Supreme Court order or not, CBN says N200, N500, N1000 Naira no longer legal tender

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There was palpable confusion in Abuja on Tuesday as many commercial outlets declined collecting old N200, N500, and N1,000 notes despite a scarcity of...
Business

Tinubu wants old, new notes to be used for a year

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Bola Ahmed Tinubu, the presidential candidate of the All Progressives Congress (APC), wants the Central Bank of Nigeria (CBN) to allow old and new...
Business

CBN Debunks False Claims About Capacity of NSPMC Plc, Alleged Threats To Close Some Deposit Money Banks 

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The attention of the Central Bank of Nigeria (CBN) has been drawn to a misleading report misquoting the Governor, Mr. Godwin Emefiele, as attributing...
Business

National Council Of State endorses currency redesign policy, asks CBN to flood notes

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The National Council of State has endorsed the currency redesign policy introduced by the Central Bank of Nigeria (CBN), adding that it should make...
Business

Council of State to CBN: Print more new Naira notes or recirculate old ones

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The meeting of the Council of State presided over by President Muhammadu Buhari which held in Abuja on Friday has directed the Central Bank of...
Business

Police, DSS meet with CBN, bank managers meet over scarcity of new Naira notes

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The Police and DSS on Thursday held an emergency meeting with the Branch Controller CBN and all Commercial Bank Managers in Kebbi over shortage...
News

Why we will obey the Supreme Court on Naira swap deadline, by Malami

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The Minister of Justice and Attorney General of the Federation, Mr. Abubakar Malami, has explained that the Federal Government, and by extension, the Central...
Business

Updated: Supreme Court temporarily halts banning of old Naira notes from February 10

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By Yemi Oyeyemi, Abuja The Supreme Court on Wednesday temporarily halted the move by the Federal Government to ban the use of the old naira...
News

Governors meet Buhari, Nigerians on edge, tempers flare over cashless policy, new naira notes

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“Close my account; I don't want it again. Return my money. My children didn't go to school yesterday. They will go today,” an exasperated...
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