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Naira Redesign: Emefiele Should Resign – Basorun

Naira Redesign: Emefiele Should Resign - Basorun Second Republic Secretary to Lagos State Government (SSG) Olorunfunmi Basorun yesterday asked Central Bank of Nigeria (CBN) Governor Godwin Emefiele to resign for taking Nigeria for a ride. He said the CBN policy of currency swap had crippled commercial...

We have Recovered N1.7trn of Old Naira Notes – Emefiele

We have Recovered N1.7trn of Old Naira Notes - Emefiele   The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says N1.7 trillion worth of naira notes have been returned to banks so far,with N500 billion more to go. The bank on Sunday extended the deadline...

Extend Deadline of Old Notes Till February, Islamic Group Tells FG

Extend Deadline of Old Notes Till February, Islamic Group Tells FG An Islamic group, Muslim Rights Concern, MURIC, has appealed to the Federal Government to extend the deadline by at least two weeks. Barrister Muhammad Mansur Aliyu, the Chairman of MURIC, Sokoto State chapter, made the...

Naira Redesign: 13 Days After Rollout, ATMs Still Dispensing Old Notes

Naira Redesign: 13 Days After Rollout, ATMs Still Dispensing Old Notes   Thirteen days after the release of the newly redesigned N200, N500 and N1,000 notes and with 34 days before the old notes will no longer be legal tender in the country, Automated Teller Machines...

“Naira Redesign, Flooding Affected Agric Sector In 2022”

"Naira Redesign, Flooding Affected Agric Sector In 2022"   The Nigeria Governors’ Forum has described the 2022 farming season as a serious nightmare for most farmers in the country due to the challenges in the agricultural sector. It added that the naira redesign policy of the Central...

Naira Redesign: CBN Launches Countdown Clock

Naira Redesign: CBN Launches Countdown Clock The Central Bank of Nigeria has launched a countdown clock on its website for the January 31, 2023 deadline for the N200, N500, and N1,000 notes currently in circulation. The apex bank had announced a Naira redesign policy to produce...