Tag: naira notes
CBN: No deadline on old naira notes
The Central Bank of Nigeria (CBN) says it has not fixed any deadline for the circulation of the old N200, N500, and N1,000 banknotes.
The...
Police arrest man with fake naira notes in Lagos
The operatives of the Lagos State Police Command have arrested a 47-year-old man, Shola Owosho, for alleged possession of counterfeit naira notes.
The command’s spokesperson,...
CBN warns Nigerians: Fake Naira notes in circulation
The Central Bank of Nigeria (CBN) has raised the alarm over counterfeit Naira banknotes in circulation.
CBN’s Acting Director, Corporate Communications, Mrs. Hakama Sidi Ali,...
Supreme Court: Old, new naira notes valid until further notice
The Supreme Court has declared that old and new naira notes will co-exist as legal tender in the country until further notice.
The Supreme Court...
Nigerians to CBN: Release naira notes to ease hardship
Some residents of the Federal Capital Territory (FCT) have called on the Central Bank of Nigeria (CBN) to release more naira notes to Deposit...
Sanwo-Olu to Lagosians: Collect, spend old naira notes
Governor Babajide Sanwo-Olu has directed Lagos State residents of the state to go ahead and have transactions with the old Naira notes, saying Lagosians...
Old notes: CBN can’t wait for me to execute court order...
The Presidency has declared that the Central Bank of Nigeria (CBN) has no reason not to comply with the order of the Supreme Court...
Bello threatens to seal banks, prosecute those rejecting old Naira notes
Governor Yahaya Bello of Kogi has threatened to arrest and prosecute those rejecting the old Naira notes.
The threat was contained in a statement issued...
Enugu hospital, traders, transporters reject old N500, N1,000 notes
Some business owners in Enugu have continued to reject the old naira notes for transactions in spite of the Supreme Court judgement validating them.
Many...
Bank associations pledge availability of naira notes
Three financial associations have assured that the Central Bank of Nigeria (CBN) and commercial banks would do everything possible to ensure availability of the...
