Tag: CBN

By Yakubu Musa Nothing, perhaps, illustrates the tragedy of the current world's most enduring struggle, the Israeli–Palestinian conflict, than last Friday’s UN resolution for a ceasefire. Curiously, the United States of America voted against it while her...
By Sanusi Abdullahi Kiru In the ever-evolving landscape of Nigeria's telecommunications industry, there are individuals who leave an indelible mark, reshaping the sector for the betterment of the nation. Among these luminaries, Prof. Umar Garba Danbatta stands...

CBN denies directing banks to collect old N500 and N1000 notes

By Aminu Kutama The Central Bank of Nigeria (CBN) has denied reports making the rounds that it has authorized deposit money banks to collect the...

Validity of old 200 naira note extended to April- President Buhari

By Ismail Auwal President Muhammadu Buhari has announced the extension of the validity of old N200 notes till April 10. Announcing the development in a televised...

Old naira notes: CBN ignores Supreme court order, insists February 10 deadline sacrosanct

By Aminu Kutama The Central Bank of Nigeria (CBN) says there is no going back on the February 10, 2023 deadline for the swapping of...

CBN top management to review Council of State’s directive on new naira notes tomorrow

By Ismail Auwal The Central Bank of Nigeria ( CBN) management team are to meet on Monday to review the crisis that the naira redesign...

We have enough capacity to print sufficient new Naira notes – CBN

By Aminu Kutama The Central Bank of Nigeria (CBN) says the scarcity of naira notes is not due to a shortage of printing materials at...

We’ll obey supreme court ruling on old naira notes — FG

By Ismail Auwal Federal Government has that it would obey the ruling of the Supreme Court suspending the February 10 deadline given by the Central...

Kano State Government drags FG to Supreme Court over Naira redesign

By Aminu Kutama The Kano State Government has filed a suit in the Supreme Court against the Federal Government over the redesigned naira banknotes policy...

Naira Swap may affect troops operations on fields – NSA

Agency Report The National Security Adviser (NSA) Maj.-Gen. Mohammed Mungono (rtd), has said that the change of currency and cashless policy of the Central Bank...

Group tasks governors to support El-Rufai’s suit against FG’s naira swap policy

By Ismail Auwal A coalition of civil society organizations has demanded Nigerian Governors Forum to join the three governors of the ruling All Progressives Congress...

Obi defends CBN on Naira redesign

By Aminu Kutama Peter Obi, the presidential candidate of the Labour Party (LP), says the currency redesign policy the Central Bank of Nigeria (CBN) comes...

Naira Redesign: We won’t extend Feb 10 deadline—CBN

By Aminu Kutama The Central Bank of Nigeria (CBN) says it is not planning to extend the deadline for the use of old notes. CBN Governor,...

CBN orders banks to issue new notes over the counter

By Aminu Kutama The Central Bank of Nigeria (CBN) has directed commercial banks to begin the payment of the new naira notes to customers over...

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