Tag: naira notes
Bank customers decry scarcity of new naira notes, CBN reacts
Some bank customers have decried the scarcity of the redesigned naira notes in Deposit Money Banks (DMBs) and Other Financial Institutions (OFIs).
This is coming...
New naira notes: CBN threatens to fine banks N1m daily
The Central Bank of Nigeria (CBN) has vowed to fine any commercial bank that failed to pick up new naira notes for distribution N1...
CBN: We’ll sanction banks hoarding new naira notes
The Central Bank of Nigeria (CBN) has vowed to sanction any commercial bank found hoarding the new naira notes, saying it has produced enough...
Emefiele meets Buhari over new naira notes
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has met with President Muhammadu Buhari over the activities of the apex bank,...
Governors invite Emefiele over new naira notes
The 36 state governors have invited the Governor of the Central Bank of Nigeria (CBN), Godwin Emiefele, to a virtual meeting over issues on...
CBN assures availability of new naira notes
The Central Bank of Nigeria (CBN) has assured marketers and traders that it has made the redesigned naira notes (N1000, N500, N200) available for...
CBN: No extension of January 31 deadline for exchange of new...
The Central Bank of Nigeria (CBN) says the deadline for the exchange of the old naira notes for new denominations remains January 31, 2023.
This...
CBN stops banks from paying customers new naira notes at counter
The Central Bank of Nigeria (CBN) has ordered commercial banks in the country to stop paying customers the newly redesigned naira notes over the...
Naira notes: Senate urges CBN to extend withdrawal date to June...
The Senate has urged the Central Bank of Nigeria (CBN) to urgently extend the withdrawal date of old naira notes from January 31, 2023,...
Naira redesign: Traders explain why they’re rejecting new notes
Six days after the new naira notes went into circulation, some traders are still finding hard to accept it as legal tender.
The newly-redesigned N1,000,...
