CBN will also start releasing old notes to commercial banks from Thursday. A source said: The CBN governor met with bank CEOs yesterday night virtually. It was a short meeting
The Nigeria Labour Congress (NLC) has directed public sector workers in the country to embark on strike. The strike is billed to commence on Wednesday next week. Joe Ajaero, the
The Central Bank of Nigeria (CBN) on Monday said old N200, N500, N1,000 banknotes remain legal tender till December 31, 2023. The apex bank’s Acting Director of Corporate Communications, Isa
The Central Bank of Nigeria (CBN) has finally directed commercial banks to dispense old currency notes and to also receive same as deposits from customers, according to Governor Chukwuma Charles
The Spokesman of the Central Bank of Nigeria (CBN), Isa Abdulmumin, has said both the old and new naira notes are now legal tender following the new directive of the
Some deposit money banks have started paying out the old notes following the Supreme Court decision that extended the validity of the Central Bank of Nigeria (CBN) currency redesign policy
The country’s currency-in-circulation dropped from N3.29tn as of the end of October 2022 to N1.38tn as of the end of January 2023 due to the naira redesign policy of the
The Supreme Court on Wednesday adjourned a case instituted by the state governments against the Federal Government challenging the implementation of the naira redesign. The apex court adjourned the case
The First Lady, Aisha Buhari, has denied posting the purported Central Bank of Nigeria press release shared on her Instagram page on Tuesday, stating that it was the handiwork of
Some Deposit Money Banks on Saturday opened their branches to customers for the purpose of collecting old N500 and N1,000 notes for deposit into their accounts. This was contrary to
