The 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 AbdulMumin disclosed this in a statement on Monday. This is coming 10 days after the Supreme Court ruled that old naira notes should co-exist with new ones till the…
The Governor of Anambra State, Charles Soludo, has said the Central Bank of Nigeria, CBN, has directed commercial banks to accept and dispense old naira notes. This he said is in compliance with the order of the Supreme Court which declared that old naira notes remain legal tender till December. Soludo, a former governor of…
A pregnant woman identified as Shema’u Sani Labaran, has died in the Abdullahi Wase Specialist Hospital in Nassarawa Local Government Area of Kano State over alleged negligence from doctors as a result of the new naira policy crisis. According to Daily Trust, the woman’s husband, Malam Bello Fancy, said the doctors did not attend to…
By Oludayo Tade After two weeks of protests over the inability of Nigerians to withdraw and access cash in banks, President Muhammadu Buhari has reviewed the implementation of the naira redesign policy. From now till April 10, 2023, the old ₦200 note is to be recirculated into the economy as legal tender alongside the new…
The governor of Oyo State, Engineer Seyi Makinde has been warned to desist from instigating violence in the State.The warning was given on Wednesday by the Bayo Adelabu Campaign Organisation (BACO) in the aftermath of violence that rocked several parts of Ibadan. Information at the disposal of BACO reveals that the violence was orchestrated by…
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