naira notes

The Central Bank of Nigeria has announced a fine of ₦150 million on Deposit Money Banks found guilty of giving out illegal flow of mint naira notes to currency hawkers across the country. The move was after the apex bank addressed recent…
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The Supreme Court has ruled that both the old and the redesigned Naira banknotes remain valid legal tenders in the country beyond December 31. The apex court, in a ruling by a seven-man panel led by Justice Inyang Okoro, on Wednesday,…
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The Central Bank of Nigeria (CBN) has extended the validity of the old N200, N500 and N1,000 notes indefinitely. This was contained in a statement issued and signed by Isa AbdulMumin, director, corporate communications, on Tuesday.…
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Godwin Emefiele, the governor of the Central Bank of Nigeria, CBN, has revealed why the top bank opted to restructure the country's currency. The CBN governor gave a speech during a news conference in Abuja about the release of a new…
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