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Police arrest man with fake naira notes in Lagos

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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

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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

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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

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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

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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...

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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

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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

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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

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Three financial associations have assured that the Central Bank of Nigeria (CBN) and commercial banks would do everything possible to ensure availability of the...

UPDATED: Confusion over CBN’s directive on old N500, N1,000 notes

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There was confusion on Tuesday over the alleged extension granted by the Central Bank of Nigeria (CBN) for the use of the old naira...
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