BREAKING: Old N500, N1000 Notes No Longer Legal Tender – Buhari
President Muhammadu Buhari has said that the old N500 and N1,000 banknotes are no longer legal tender in the country. The president made this known on Thursday morning during an…
Naira Scarcity: Police Arrest 9 Over Burning Of Banks in Delta
Operatives of the Delta State Police Command on Wednesday arrested nine suspects for allegedly setting two banks and two vehicles ablaze during a protest. It was gathered that the protest…
BREAKING: ‘Comply With Buhari’s Directive on Naira Notes,’ Emefiele Tells Nigerians
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has called on Nigerians to comply with the directive issued by President Muhammadu Buhari on the naira notes policy.…
Casualties as Protest Rocks Lagos Over Naira Scarcity
An unspecified number of casualties have been recorded in gunfire and mayhem across Lagos Friday morning. This is coming amid All Progressives Congress' presidential candidate, Bola Tinubu's opposition to President…
Protesters Set Banks Ablaze in Rivers Over Naira Scarcity
Protest in the early hours of Friday broke out in the Diobu and Mile 1 areas of Port Harcourt, Rivers state. The Punch reported that banks were set ablaze by…
ASSBIFI Suspends Strike, Orders Banks To Resume Operation
The leadership of Association of Senior Staff of Banks, Insurance and Financial Institutions has announced that banks should begin operations from Monday, February 20, 2023. The association disclosed this while…
Ganduje Tags Naira Policy ‘COVID-23’
Governor Umar Abdullahi Ganduje of Kano State has tagged the cashless policy of the Central Bank of Nigeria, CBN, as COVID-23. This was as the Kano governor also knocked his…
BREAKING: CBN Authorizes Use of Old Naira Notes
The Central Bank of Nigeria, CBN, has reportedly authorized the use of old naira notes for commercial banks and Nigerians. This authorization was announced by the Anambra State Governor, Chukwuma…
Naira Scarcity Returns After CBN’s Enough Cash Promise
Emerging reports suggested that there has been a return of naira scarcity that rocked the country in late February 2023. It was learnt that the Central Bank of Nigeria (CBN)…
ATMs Withhold Cash, POS Operators Double Charges as Naira Scarcity Bites
Automated Teller Machines (ATM) in various cities across the country have ceased to dispense cash to customers as scarcity of the Naira gradually bites harder. Daily Report Nigeria reports that…
