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
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
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
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
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...