New Naira Notes

The Central Bank of Nigeria has ordered banks to start collecting the old N500 and N1,000 notes from the public with immediate effect. It, however, pegged the maximum amount the banks can collect at N500,000. The CBN maintained that…
Read More...

Fighting broke out Friday morning in some areas of the well-traveled Lagos–Ikorodu highway in Lagos State over the difficulty the new naira notes have caused Nigerians. The PUNCH learned on Friday morning that suspected thugs attacked…
Read More...

President Muhammadu Buhari has extended the validity of the old N200 notes till April 10, 2023. The president announced this in a national broadcast on Thursday Morning. “I am addressing you as your democratically elected president to…
Read More...

President Muhammadu Buhari is reportedly considering extending the validity of old naira notes by 60 days. According to a report of The Cable on Wednesday, February 15, 2023, this is to avoid disobeying the order of the Supreme Court of…
Read More...

There was pandemonium on Wednesday morning around Eleyele, Gbopa, Ologuneru, Apete, sango, Poly road, Mokola and Iwo Road axis of Ibadan as transporters protested the scarcity of cash. Witnesses at the scenes told newsmen that the…
Read More...

Kano State government has warned that it would not hesitate to revoke operational licenses of major business owners or sanction anyone who refuses to accept the old naira notes as a means of transaction. However, the Central Bank of…
Read More...

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that there was no need to shift the February 10, 2023 deadline. He said this during a visit on Tuesday to the Ministry of Foreign Affairs, to discuss the monetary and…
Read More...

The past few weeks have been a challenging one for Nigerians especially our SME’s, poor and vulnerable masses and those whose very survival depend on daily cash transactions. They have felt the brunt of the combined problems of scarcity of…
Read More...

The Peoples Democratic Party (PDP) demands that the leaders of the All Progressives Congress (APC) including its Presidential Candidate, Asiwaju Bola Ahmed Tinubu and APC State governors immediately release billions of new Naira notes in…
Read More...

Ogun State Governor, Prince Dapo Abiodun, has paid a visit to Gabriel Michael, who was hit by a stray bullet during the protest on cash scarcity which rocked Abeokuta, the state capital on Tuesday. Speaking with newsmen at the Federal…
Read More...