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Naira Redesign: CBN Directs Banks To Work On Saturdays

Naira Redesign: CBN Directs Banks To Work On Saturdays The Central Bank of Nigeria (CBN) has instructed commercial banks to work on Saturdays to enable customers to return old naira notes in exchange for new ones. The apex bank had announced plans to redesign the N200,...

Naira Redesign: CBN Records Higher Deposits, Pledges to Protect Unbanked Nigerians

Naira Redesign: CBN Records Higher Deposits, Pledges to Protect Unbanked Nigerians The Central Bank of Nigeria (CBN) has confirmed higher deposits in banks and promised to protect Nigerians in unbanked and underserved rural areas from incurring loses. The CBN Director, Corporate Communications, Mr Ostia Nwanisobi, in...

Naira Redesign: FG Trying to Beautify a Worthless Currency – Pastor Adeboye

Naira Redesign: FG Trying to Beautify a Worthless Currency - Pastor Adeboye The General Overseer of the Redeemed Christian Church Of God, Pastor Enoch Adeboye, has knocked the Federal Government over its decision to redesign the Naira in the midst of it's declining worth against...

Naira Redesign Not Economic Priority — CISLAC

Naira Redesign Not Economic Priority — CISLAC The Civil Society Legislative Advocacy Centre has said that the Central Bank of Nigeria’s plan to redesign 200, 500 and 1,000 naira notes is not an economic priority for the country, considering the current challenges facing the economy. The...