Naira Scarcity: CBN Asks Nigerians To Use eNaira
CBN says other alternative payment methods like eNaira and internet banking should be used in the wake of the recent naira scarcity.
Why I Spoke Against CBN’s Naira Redesign Policy – Tinubu
Asiwaju Bola Ahmed Tinubu says he is not against the cashless and naira redesign policies of the Central Bank of Nigeria but its implementation
Cashless Transactions Jump To N39.58trn In January 2023
The Nigerian Inter-Bank Settlement System says cashless transactions went up by 45.41% to N39.58 trillion in January 2023, OduNews reports.
Kano Govt. Drags FG To Court Over Naira Redesign Policy
The Kano state government has dragged the federal government to the supreme court over the central bank of Nigeria's recent naira redesign policy.
Naira Scarcity: I’ve Been Spending N20,000 Cash For One Week
Femi Adesina, says he has also been affected by the ravaging scarcity of the naira notes as he has been spending N20,000 for a week
FG On Supreme Court Verdict: Old Notes Will Be Used Till February 15th
The federal government says it will obey the verdict of the supreme court extending the naira swap deadline till it delivers its judgment on February 15th.
Naira Scarcity To Make More Nigerians Embrace Vote Buying – Group
A non-governmental organisation, International Crisis Group, has said that the recent naira scarcity may make Nigerians vulnerable to vote-buying.
Why CBN Must Obey Supreme Court Ruling On Naira Swap Deadline – Falana
Femi Falana says the federal government and the central bank of Nigeria must obey the ruling of the supreme court on the naira swap deadline.
BREAKING: Buhari, Emefiele Meet After Supreme Court Ruling On Old Notes
President Muhammadu Buhari met with the governor of the CBN Godwin Emefiele, on Wednesday over the naira scarcity ravaging many parts of the country.
Old Notes: Supreme Court Stops CBN From Implementing Feb 10 Deadline
The Supreme Court has stopped the CBN from implementing the February 10th deadline to stop the old naira notes from being legal tender.
Naira Scarcity May Disrupt Elections, INEC Says
The Independent National Electoral Commission (INEC) says the naira scarcity may disrupt the 2023 coming general elections.
Naira Swap: 13 Parties Vow To Pull Out Election If Deadline Is Extended
Thirteen political parties have threatened to pull out of the 2023 general elections if the deadline for the naira swap deal is extended again.
Kaduna, Kogi, Zamfara States Sue FG Over Naira Swap Deadline
The governments of Kaduna, Kogi and Zamfara states have sued the federal government over the deadline slated for swapping the old naira notes for the new ones.
Nigeria’s External Reserves Fall By $64m In January
The Central Bank of Nigeria says the country's external reserves went down by $64 million in January, OduNews reports.
JUST IN: CBN Orders Banks To Pay New Notes Over The Counter
The Central Bank of Nigeria has directed commercial banks to begin payment of the new notes over the counter, OduNews reports.
Banks To Accept Old Notes After Feb 10 Deadline – Emefiele
The Chairman of the Central Bank of Nigeria, Godwin Emefiele, says commercial banks will keep receiving the old naira notes even after the deadine.
New Notes: N700k Being Sold For N1m At Parties – Whitemoney
Reality TV show star, Hazel Onuo popularly known as Whitemoney, says the new naira notes are being sold at exorbitant prices at parties.
New Notes: Reps Rubbishes New Deadline, Insists On Signing Arrest Warrant On Emefiele
The House of Reps majority leader, Alhassan Doguwa says the CBN Chairman Godwin Emefiele will be arrested if he declines the legislators invite on Tuesday.
Old Notes: CBN Extends Deadline To Feb 10 After Atiku’s ‘Slight Extension’ Plea
The Central Bank of Nigeria says it has extended the deadline for the phasing out of the old naira notes by ten days, OduNews reports.
Banks To Open Saturday, Sunday Over Old Naira Note Deadline
Some commercial banks have announced that their branches will be opened on Saturday and Sunday to allow customers deposit their old notes ahead of the January 31st deadline.