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Central Bank of Nigeria

Not All 36 Governors Are With You On Move Against Currency Swap, Governor Obaseki Tells El-Rufai

THE Edo State Government has distanced itself from the comments and moves by the governor of Kaduna State, Mallam Nasir El-Rufai, and some other State governors against the currency swap policy of the Central Bank of Nigeria (CBN). In a…

We Are Target Of Naira Redesign Policy, Not Tinubu – Kwankwaso

WHAT do you have to say about the hardship and difficulties Nigerians are facing following the redesigned Naira notes and the deadline given for the use of the old notes by Central Bank of Nigeria (CBN). First of all, let…

AFTERMATH OF NAIRA NOTE SCARCITY: Soldier Injured, As Harassed UNIBEN Students At ATM Machine Fight Back

Eben Enasco Reporting SOME Serving Military personnel attached to the S&T barracks Ugbowo who allegedly caused disruption and assaulted Students of the University of Benin, at one of the school’s Operated Automated Machines, ATM, on Thursday narrowly escaped lynching after…

Nigerians Lament Bank App Crashes As Transaction Failure Persists

Following the directive of the Central Bank of Nigeria for the swapping of old naira notes to new notes, Nigerians have begun to lament the challenges involved in the process despite the extension to February 10, 2023. Checks by The…

New Naira Notes: Banking Halls Empty As Naira Scarcity Worsens

BANKING halls across various commercial banks in Lagos, Osun, Ekiti, and other parts of the country witnessed minimal activity as frustrated customers resorted to alternative means of cash withdrawal following the scarcity of naira notes in the banks. Checks by…

New Naira Notes: Ogun Banks Mismanaged N4m, Hoard Cash – CBN

THE Central Bank of Nigeria has revealed how a commercial bank mismanaged about N4 million of the new naira notes in Ogun State. The CBN said it also caught some banks hoarding the new notes in their vaults for no…

VIDEONEWS: The Scarce NEW Money Everyone Is looking For, Is In Abundance In The Hands Of The Rich

The Scarce NEW Money Everyone Is looking For, Is In Abundance In The Hands Of The Rich.  

BREAKING: CBN Extends Old Naira Deadline Till February 10

THE Central Bank of Nigeria has extended the deadline for the swapping of old naira notes with the redesigned ones till February 10, 2023. The CBN stated this in a release on Sunday. The apex bank said it added “a…

Naira Redesign Strangulating Nigerians – Northern Elders Warn CBN

THE Northern Elders Forum, NEF, has said the naira redesign by the Central Bank of Nigeria, CBN, is strangulating Nigeria’s economy. NEF urged the CBN to revisit and postpone the deadline for the swap of the redesigned naira dominations. A…

New Naira: Banks Beef Up Security Against Customers’ Attacks

FOUR days to the expiration of the deadline set by the Central Bank of Nigeria for the old N1,000, N500 and N200 notes to cease from circulation, Deposit Money Banks have taken extra security measures to prevent angry customers from…