Naira Crisis: CBN Breaks Silence, Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender Till Dec 31

The Central Bank of Nigeria (CBN) has confirmed that old N200, N500, and N1,000 notes will remain legal tender until December 31, 2023. The apex...

Naira Scarcity: CBN denies directing banks to collect old N500, N1000 notes

The Central Bank of Nigeria (CBN), has denied directing commercial banks to collect old N500 and N1,000 from Nigerians, dismissing the reports to that...

Naira Scarcity: Tinubu Writes Emefiele, Outlines 6 Things CBN Governor Should Do To Save Nigeria’s Economy

Asiwaju Bola Ahmed Tinubu, the All Progressives Congress (APC) presidential candidate has written Godwin Emefiele, Governor of Central Bank of Nigeria, CBN, outlining how...

Kano: Ganduje shuts supermarket over refusal to accept old naira notes, management pleads

Kano State governor, Abdullahi Ganduje, has ordered the closure of WellCare Supermarket over its refusal of old naira notes from customers. The government, which is...

Redesigned currency targeted at elites hoarding illicit funds, not common man – Presidency

The presidency has come out to explain the idea behind the hurried redesign of some naira notes, saying it was mainly targeted at frustrating...

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