Page 5 - Naira Notes News Today

Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele on Tuesday appeared before the ad hoc committee of the House of Representatives on the cashless policy and deadline for the replacement of old naira notes. The House threatened to invoke the provisions of section 89(1)(d) of the Constitution by issuing a warrant of arrest […]

The intelligence-led crime fighting and control activities of the Kaduna State Police Command, have successfully led to the arrest of 13 suspects for various

The Department of State Services (DSS) has intercepted some members of organised syndicates involved in selling the newly redesigned naira notes. DSS spokesperson, Peter Afunanya, disclosed this in a statement on Monday. Afunanya said the DSS in the course of its operations in parts of the country established that some commercial bank officials were aiding […]

The scarcity of the new notes was also confirmed to this newspaper by bank managers of commercial banks in Lagos and Abuja.

PRIOR to the Central Bank of Nigeria (CBN) announcement of a 10-day extension of the deadline for the use of old Naira notes across Nigeria, controversy

Prior to the Central Bank of Nigeria (CBN) announcement of a 10-day extension of the deadline for the use of old Naira notes across Nigeria

Latest news on the naira, the currency of Nigeria, which is subdivided into 100 kobo.

The Central Bank of Nigeria (CBN) has visited 17 banks and Swali Ultra Modern Market in Yenagoa, the Bayelsa State Capital, to enforce the

The naira fell to N461/$1 at the end of the year from N435/$1 in January.

A Senior Advocate of Nigeria, Mr Femi Falana and Chairman of the Alliance on Surviving Covid-19 and Beyond (ASCAB) has said the process followed in the redesign of naira notes may be declared illegal and unconstitutional if challenged in court.   Speaking for ASCAB, Falana said though the redesign was approved by President Muhammadu Buhari, it was done with funds not captured in the 2022 Appropriation Bill.