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…
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…
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…