Ahead of CBN's Deadline, Traders, Supermarkets, Others Begin to Reject Old Naira Notes Many supermarkets, eateries and petty traders have begun to reject the old naira notes. Most of the supermarkets notified their customers via notices and text messages that they won’t accept the old...

Naira: New Notes to be Distributed Before Deadline - CBN The Central Bank of Nigeria has assured that the new naira notes will be distributed across the country before the January 31, 2023 deadline. Stakeholders have initially asked the CBN to extend its deadline for the...

CBN to Sanction Banks Dispensing Old Notes  The Central Bank of Nigeria has announced plans to take tough action against banks that continue to fill their ATM machines with old naira notes as the deadline to  phase out  the notes approaches. The Director of the Legal...

Old Notes: Senate Seeks Extension of Deadline to June The Senate committee has called on the Central Bank of Nigeria to extend the withdrawal date of old currency notes to June 30, 2023. The CBN had on October 26, announced plans to redesign the N200, N500,...

"Weakening Naira, Rising Food Prices Affecting Nigerians"   A combination of high food prices and a strong dollar is negatively affecting people in Nigeria and other developing countries, a report by the United Nations Conference on Trade and Development has revealed. According to the report, this combination...

New Naira: Legislators Grill Mrs Aisha Ahmad Of CBN In The Absence Of Emefiele Who Is Abroad For Treatment   The Deputy Governor of the Central Bank of Nigeria, Aisha Ahmad, on Thursday, briefed the House of Representatives on the bank’s latest policies. Mrs Ahmad represented the...