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New Naira: Nigerians in Deep Confusion as CBN Deadline Ends Today

New Naira: Nigerians in Deep Confusion as CBN Deadline Ends Today Nigerians, especially bank customers, were gripped with confusion and uncertainty over whether today’s deadline by the Central Bank of Nigeria for the phasing out of the old naira notes still remains or it has...

Naira Gains by 0.07% at Investors, Exporters Window

Naira Gains by 0.07% at Investors, Exporters Window The naira on Thursday exchanged at 461.17 to the dollar at the Investors and Exporters window. The figure represented an appreciation by 0.07 per cent compared to  the 461.50 it exchanged for on Wednesday. The open market  indicative rate...

New Naira Notes: Court Stops CBN from Shifting Deadline

New Naira Notes: Court Stops CBN from Shifting Deadline Hours after three state governors took President Muhammadu Buhari and the Central Bank of Nigeria (CBN) to court over the February 10 deadline for the expiration of old naira notes, another court has added a twist...

Reps Disrupt Emergency Session Over New Naira Scarcity

Reps Disrupt Emergency Session Over New Naira Scarcity The Speaker of the House of Representatives, Femi Gbajabiamila, has said the federal parliament will have no option but to reconvene before the presidential and National Assembly elections on February 25 if the Central Bank of Nigeria...

Ahead of CBN’s Deadline, Traders, Supermarkets, Others Begin to Reject Old Naira Notes

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

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...