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CBN threatens to arrest POS operators charging above N200

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The Central Bank of Nigeria (CBN) has vowed to arrest and prosecute Point of Sale (POS) operators who charge above N200 for the apex...

Actress remanded for spraying, stepping on new naira notes in Lagos

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The Economic and Financial Crimes Commission (EFCC), on Monday, arraigned an actress, Oluwadarasimi Omoseyin, before the Federal High Court sitting in Ikoyi, Lagos on...

Tinubu to CBN: Allow old, new naira notes co-exist till 2024

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The presidential candidate of the All Progressives Congress (APC), Bola Tinubu, has enjoined the Central Bank of Nigeria (CBN) to allow the old and...

NASS to CBN: Allow old, new naira notes co-exist

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The National Assembly has again ordered the Central Bank of Nigeria (CBN) to allow the old and new naira notes to be used concurrently...

Council of State to CBN: Recirculate old naira notes or print...

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The members of the Council of State have thrown their weight behind the Central Bank of Nigeria’s naira redesign policy. The council also directed the...

New naira notes: Banks shut over customers’ protest in Kogi

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Some commercial banks in Kog State closed down on Wednesday after customers staged peaceful protests over their inability to access money for daily use. In...

Zulum to banks: Dispense new naira notes or I revoke your...

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Borno State Governor, Prof. Babagana Zulum, has declared that any bank which refuses to dispense new naira notes over the counter and Automated Teller...

Police arrest 2 for selling fake new naira notes

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The operatives of the Enugu State Police Command have arrested two suspects for transacting and selling counterfeited redesigned N1,000 notes within a council area...

ICPC arrests bank officials for blocking ATMs from dispensing

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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arrested a bank official of one of the commercial banks for allegedly sabotaging...

CBN orders banks to pay Nigerians N20,000 new notes

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The Central Bank of Nigeria (CBN) has directed commercial banks in the country to start paying N20,000 new notes to customers over the counter. The...
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