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…
ICYMI: Emefiele Will be Like a Zebra When Buhari Leaves – Shehu Sani
Following Godwin Emefiele's suspension as Governor of the Central Bank of Nigeria by President Bola Tinubu on Friday night, Daily Report Nigeria recalls a prediction on his welfare by Shehu…
5 Things to Know About Redesigned Naira Notes
This week, the Central Bank of Nigeria announced plans to redesign Naira notes, particularly the N200, N500, and N1000 denominations. CBN Governor, Godwin Emefiele said the apex bank had secured…
Banks Commence Issuing of Old N500, N1,000 Notes to Customers
Some commercial banks across the country have started paying out the old N500 and N1,000 notes to customers. The development is a follow up to the Supreme Court judgment extending…
Redesigned Naira Notes: Kidnappers Will Demand Ransom in Hard Currencies – Sheikh Gumi
Controversial Islamic cleric, Sheikh Abubakar Ahmad Gumi, has condemned the decision by the Central Bank of Nigeria (CBN) to redesign naira notes. Accord to Gumi, the expected outcome by the…
CBN Approves Recirculation Of Old Naira Notes
The Central Bank Of Nigeria has approved for commercial banks to recirculate old naira notes to customers at via automated teller machines (ATMs) terminals and over the counter. The development…
Redesigned Naira Notes: Why I Approved CBN Policy – Buhari
President Muhammadu Buhari has stated he approved for the Central Bank of Nigeria (CBN) to redesign new naira notes. According to Buhari, he approved the policy over his conviction that…
Old Naira Notes Remain Legal Tender in Lagos — Sanwo-Olu
Governor Babajide Sanwo-Olu of Lagos State has declared that the old naira notes remain legal tender in the state. Sanwo-Olu's declaration was contained in a press release by the Commissioner…
Politicians Move to Mobilise Lawmakers Against CBN, Naira Redesign
Top Nigeria politicians are reportedly mobilizing against the Central Bank of Nigeria over the apex bank's move to redesign Naira notes. The aggrieved politicians are believed to be those who…
I Didn’t Tell Emefiele, Malami to Disobey Court Order on Naira Notes – Buhari
Nigeria's Federal Government has exonerated President Muhammadu Buhari from directly or indirectly disobeying the Supreme Court's order on the new naira notes. The government quoted President Buhari to have said…