Tag: Naira Notes

Ibadan Fish Sellers Protest Rejection of Old Naira Notes

Some fish traders have protested against the rejection of old naira notes by cold room operators in Ibadan, Oyo state capital. The protesters converged at the premises of Agidigbo 88.7FM…

BREAKING: CBN Set to Redesign Three Naira Notes

The Central Bank of Nigeria has planned to redesign three naira notes before the year ends. They include; N200, N500, and N1000 notes. Godwin Emefiele, the apex bank's governor announced…

Old Naira Notes Remain Legal Tender,  El-Rufai Dares Buhari

Governor Nasir El-Rufai of Kaduna State has declared that all old naira notes remain legal tender in the state. El-Rufai's declaration came hours after President Muhammadu Buhari had thrown his…

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CBN Announces Date For Circulation of Redesigned Naira Notes

The Central Bank of Nigeria (CBN) has said it will start issuing redesigned naira notes from December 15, 2022. This was disclosed by its Governor Godwin Emefiele in Abuja. He…

Confusion as CBN Denies Ordering Banks To Accept Old N1000, N500 Notes

The Central Bank of Nigeria has denied reports that it directed commercial banks to accept old N1,000 and N500 notes from Nigerians. The apex bank labelled the report as false,…

Redesigned Naira Notes: CBN Orders Banks to Return Old Naira Notes

The Central Bank of Nigeria has ordered all Deposit Money Banks (DMB) holding the existing denominations of the naira note to "begin returning these notes back to the CBN effective…

Naira Notes: LASU Bursar Slumps, Dies While on Queue to Withdraw N5000

A Deputy Bursar of the Lagos State University, Mr Johnson Adesola Ademola, slumped and died on Monday, 20 February 2023 at the school's Wema Bank branch. Ademola reportedly slumped while…

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Redesigning Currency Unnecessary – Kate Henshaw

Ace Nigerian actress, Kate Henshaw has reacted to the Central Bank of Nigeria, CBN's sudden development to redesign some naira notes. CBN Governor, Godwin Emefiele earlier in the week revealed…

BREAKING: Supreme Court Declares Old Naira Notes Legal Tender

The Supreme Court has ordered for old naira notes of N200, N500 and N1000 to remain legal tender till December 31, 2023. The apex court also voided the order of…

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FG Disowns Emefiele, Warns Against Redesigned Naira Notes

The Federal Government has disowned the Central Bank Governor, Godwin Emefiele on bank's new policy to distribute redesigned Naira notes. Emefiele had announced that the apex bank would redesign, produce…

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