Naira Crunch: Banks In Shock As Rejection Of Old N500, N1000 Spreads   The enthusiasm that greeted the Supreme Court judgement that the old N500 and N1,000 notes should be in use till December 31st 2023, has dissipated as widespread rejection of the old notes by...

UPDATE: Old N1000, N500, N200 Notes Remain Legal Tender - Supreme Court   The Supreme Court has reiterated its order that the old naira notes of N200, N500, and N1000 notes remain legal tender. The court also said it will deliver judgement in the suit challenging the...

CBN To Push Out More N200 Notes   The Central Bank of Nigeria (CBN) has marshalled out a plan to flood the system with N200 notes. Aside from meeting with bank chief executives to release the old and new N200 notes in their vaults, the CBN will,...

Naira Notes Crunch Drags Down Stock Market The bullish sentiment in the equities market which started previous week has been aborted at the backdrop of the prolonged cash crunch emanating from the Central Bank of Nigeria, CBN’s, currency change exercise. Market operators indicated that the bullish...

Allow Old, New Naira Notes To remain - Capital Market Stakeholders Advice CBN   Stakeholders in the capital market are unanimous that the Federal Government must urgently ease the hardship occasioned by the poor implementation of the naira redesign policy in order to safeguard the economy. Most...

Naira Redesign: Supreme Court Insists Old Naira Notes Still Legal Tender   The Supreme Court has said that the old N200, N500, and N1000 are still legal tender, insisting that its February 8 order barring the Federal Government and its agencies from enforcing the February 10...