naira

For the second time since the Supreme Court ruled that the old N200, N500 and N1,000 notes will remain legal tender until December 31, the Central Bank of Nigeria (CBN) has refused to speak on the judgement. On Saturday, an official of the CBN told The Nation that the communications department has not been informed

Some commercial sex workers in the Federal Capital Territory (FCT), have decried low patronage in their business due to the scarcity of Naira notes. Some of them who spoke to the News Agency of Nigeria (NAN) in Abuja on Sunday, said the scarcity of the notes was a threat and had crippled their businesses...

… Says N500, N1000 notes no longer legal tender Obiora Ifoh, Abuja President Muhammadu Buhari in a nationwide broadcast, Thursday has given approval to the Central Bank of Nigeria CBN to put back into circulation the old N200 currency earlier withdrawn. According to the president, this order was to help ameliorate the sufferings being witnessed

Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN) has directed commercial banks to begin the payment of the redesigned naira notes over the counter. [...] The post Naira: CBN allows over-the-counter withdrawals, PoS operators charge 10% appeared first on National Accord Newspaper...

Ahmed Bola Tinubu, the presidential candidate of the ruling All Progressives Congress (APC) has accused a cabal within President Muhammadu Buhari-led Federal Government of sabotaging the party by creating unnecessary hardships with naira re-design and fuel crisis weeks to the 2023 general election. Tinubu, who spoke in Yoruba language at the APC Presidential Campaign rally

Goods worth millions of naira were on Saturday razed by midday inferno at Lagos Street, Benin City. The one-storey building housing many shops is said to be owned by a popular woman called ‘Madam Lagos’. It was learnt that the fire started around 11am. One of the distraught shop owners...