Naira Redesign: We Have Trouble Fishing Out Counterfeits
The Central Bank of Nigeria (CBN) on Thursday revealed it is yet to fish out counterfeits of the naira note. Amina Abdulmalik, Deputy Director, Currency Operations Department, CBN, said this…
EFCC Arrests New Naira Notes Hoarders In Abuja
The Economic and Financial Crimes Commission (EFCC) has in separate operations arrested members of a syndicate of currency racketeers hoarding and trading the redesigned Naira notes. According to the EFCC…
Naira Redesign: ISWAP Switches to CFAs for Tax Transactions with Farmers, Traders
The Shura Council of the Islamic State of the West African Province, ISWAP has banned the naira as a means of transaction for the illegal tax it collects from peasant…
Banks Will Accept Old Naira Notes After Deadline – Emefiele
Governor of the Central Bank of Nigeria, Godwin Emefiele has said that banks will continue to accept the old naira notes even after the stipulated deadline. The CBN governor made…
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…
Man Loses Pregnant Wife To Scarcity Of Naira Notes
A man identified as James Auta has narrated how he lost his pregnant wife, who was due for delivery as a result of the scarcity of new naira notes. Daily…
BREAKING: Senate Backs CBN on Naira Redesign
The Senate on Wednesday agreed to provide legislative support for the policy of the Central Bank of Nigeria (CBN) to redesign the naira. The resolution followed a motion on the…
Naira Scarcity: Current Hardship Necessary for Economy – FG
The Federal Government on Thursday said the current hardship experienced by citizens due to the introduction of the new naira notes by the Central Bank is a necessary price for…
Naira Redesign: Dollar May Crash to N200 – EFCC
The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has said the dollar might drop to N200 following the redesigning of the naira. Bawa stated this when…
BREAKING: 13 Parties’ Threaten To Pull Out Of 2023 Elections If…
Thirteen political parties out of the 18 political parties in Nigeria on Monday threatened to withdraw the February 25 and March 11 election if the Central Bank of Nigeria extends…