Tag: New naira notes

The Nigerian Communications Commission (NCC) says it has begun the issuance of licences to mobile virtual network operators (MVNOs) in the country. An MVNO is a company that does not own a mobile spectrum license but sells...
Real Madrid legend, Karim Benzema has decided to leave Real Madrid after 14 seasons, with Real Madrid releasing an official statement to that effect. Real Madrid's Benzema statement "Real Madrid and our captain Karim Benzema have agreed to bring to an...

Niger governor orders clamp down on businesses rejecting old naira notes

By Ismail Auwal Niger State Governor, Alhaji Abubakar Sani Bello, has directed security agencies in the state to arrest anyone who refuses to accept old...

Kano govt shuts down shopping mall over refusal to accept old naira note

By Ismail Auwal Kano State Government has shut Wellcare shopping complex for refusing to accept old naira notes from customers. According to a source in the...

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...

Council of State backs Naira redesign, knocks CBN over implementation

By Aminu Kutama The Council of State has advised President Muhammadu Buhari to direct the Central Bank of Nigeria (CBN) to print more redesigned naira...

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...

Just In: Supreme Court restrains FG from implementing deadline for old Naira notes

By Aminu Kutama The Supreme Court of Nigeria has restrained the Federal Government from implementing the February 10 Deadline of the old 200, 500 and...

EFCC nabs bank manager for hoarding N29m new notes in Abuja

By Ismail Auwal The Economic and Financial Crimes Commission has arrested the operations manager of a commercial bank in the Federal Capital Territory over allegation...

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,...

IGP orders clampdown on Naira sellers

By Aminu Kutama The Inspector General of Police (IGP), Usman Alkali Baba, has ordered the arrest and subsequent prosecution of all individuals engaged in the...

Scarcity of naira notes to be resolved within week— Buhari assures APC governors

By Agency Report President Muhammadu Buhari Friday urged citizens to give him seven days to resolve the cash crunch that has become a problem across...

Buhari mum as APC governors appeal for compromise on Naira redesign

By Aminu Kutama The All Progressives Congress (APC) governors have appealed to President Muhammadu Buhari to allow both the old and new naira notes to...

New Naira notes scarcity stalls businesses in Kano

By Ismail Auwal Frustrated bank customers have resorted to alternative methods of cash withdrawal as naira scarcity worsens. While most banking halls were empty due to...

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