June 11, (THEWILL) – A witness at the ongoing trial of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has told the Federal Capital Territory High Court in Abuja that f… Read More
By Chisom Ubabukoh, O.P. Jindal Global University and Kunal Sen, United Nations University
Nigeria, Africa’s largest economy, is facing an economic crisis. From a botched currenc… Read More
Justice Chukwujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos on Thursday convicted and sentenced one Oluwadarasimi Omoseyin, an actress, to six months imprisonment for sprayin… Read More
“As the year comes to an end, it is essential to take stock of the significant events that marked the year. Looking back at the year’s landscape, we can gather valuable insights… Read More
The Central Bank of Nigeria, CBN, has issued a fresh directive to all banks and Nigerians regarding accepting old and redesigned Naira notes. CBN issued the directive on Wednesday in a state… Read More
Some parts of the Federal Capital Territory, FCT, are beginning to experience paucity of the Naira as Nigerians approach Christmas.
No fewer than seven commercial banks in the AYA area of… Read More
The Central Bank of Nigeria (CBN) has raised concerns over the reported collusion between Deposit Money Banks (DMBs) and Point-Of-Sale (POS) operators. The alleged connivance has resulted in… Read More
IMPACT OF NAIRA REDESIGN IN CURBING BANDITRY IN NIGERIA
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VerseNews NigeriaSupreme Court Officially Extends Validity Date Of Old N200, N500, N1000 Notes
The Supreme Court, on Wednesday, ruled that the old Naira denominations of N200, N500 and… Read More
Huge crowd besieged banking halls on Monday, as customers moved to link their Bank Verification Numbers and National Identity Numbers to their bank accounts.
This followed the new direct… Read More
The Supreme Court, in a ruling on Wednesday, declared that both the old and recently redesigned Naira notes remain legal tender until further notice. The court, led by Justice John Okor… Read More
The Central Bank of Nigeria, CBN, has said that the old naira banknotes will remain a legal tender.
DAILY POST reports that the CBN had introduced the redesign of N200, N500 and N1,000 denom… Read More
The Central Bank of Nigeria, CBN, has said that the old naira banknotes will remain a legal tender.
DAILY POST reports that the CBN had introduced the redesign of N200, N500 and N1,000 den… Read More
Both new and old naira notes are still legal cash, the top bank reaffirmed in a statement on Wednesday.
As stated in Section 20(5) of the CBN Act, 2007, &l… Read More
Central Bank of Nigeria Press Release: All Banknotes Issued
by the CBN Remain Legal Tender
Our attention has again been drawn to reports of a scarcity
of cash across some major cities in th… Read More
Looking beyond the issue of subsidy removal that is generating mixed reactions from Nigerians, President Tinubu has shown the composure of leadership that Nigeria needs.
Factually, one major… Read More
News Summary:
The Central Bank of Nigeria (CBN) has denied rumours that it intends to withdraw the newly redesigned naira notes.
The CBN will continue supplying currency for the economy&rsqu… Read More
Nigeria’s primary man, President Bola Ahmed Tinubu is now considering of extending the validity of previous naira notes, Daily Trust studies.
The Central Bank of Nigeria (CB… Read More
A Nigerian pastor, Gosple Agochukwu, has taken to Facebook to rejoice after the “Bank of Heaven” supplied him with the redesigned Naira notes following the naira scarcity in the… Read More
A man has been captured on camera producing counterfeit new naira notes that look exactly like the real currency.
He was seen in a studio-like apartment with two other people making many… Read More
Veteran Nigerian singer, Charles Oputa, aka Charly Boy, has raised an alarm that the newly redesigned N1000, N500, and N200 notes have gone out of circulation.It was reported that the Suprem… Read More
It's exactly ten days after the Supreme Court ruled that the old Naira notes should remain legal tender until December 31, 2023. The apex court also nullified the Naira redesign policy, decl… Read More