Old Naira Notes

The Central Bank of Nigeria has instructed all its branches nationwide to continue issuing various denominations of both old and redesigned banknotes in ample quantities to deposit money banks. The apex bank disclosed this in a statement…
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Residents of Okitipupa, in Okitipupa Local Government Area of Ondo State, appeared to have found succour in Hausa traders in Sabo Market in the town where they now swap their old naira notes for foodstuffs and condiments. The News Agency…
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The Central Bank of Nigeria (CBN) has denied reports making the rounds that it has authorized deposit money banks to collect the old N500 and N1,000 banknotes. This was contained in a statement issued by Osita Nwanisobi, CBN’s Director…
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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…
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Barely 22 days to the general elections, youths in their numbers stormed the streets of Ibadan, the Oyo State capital, on Friday, to protest the current state of the nation. Nigerians have been contending with fuel, new naira notes…
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