Tag: Naira redesign

Emefiele Suspended by President Tinubu, Currently Held in DSS Custody; Zamfara Govt Recovers Over 40 Official Vehicles After Raid of Matawalle’s Home | 5 Things That Should Matter Today

Emefiele Suspended by President Tinubu, Currently Held in DSS Custody Zamfara Govt Recovers Over 40 Official Vehicles After Raid of Matawalle’s Home ‘I'd Have Slapped Kwankwaso If I Met Him…

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Tinubu Vows to Review Emefiele’s Naira Redesign Plan; Biden Congratulates Tinubu, Calls for Stronger US-Nigeria Relations | 5 Things That Should Matter Today

Tinubu Vows to Review Emefiele's Naira Redesign Plan Biden Congratulates Tinubu, Calls for Stronger US-Nigeria Relations Labour Party Criticizes President Bola Tinubu's Inaugural Speech as Shallow and Inconsistent King Charles…

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Naira redesign contributed to exchange rate stability and is combating banditry – CBN

The Central Bank of Nigeria (CBN) has attributed the relative stability in the exchange rate and the successful efforts in combating banditry and ransom-taking to its naira redesign policy. According…

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DSS Confirms Plot for Interim Government in Nigeria; I Won’t Run From EFCC After Handover – Wike | 5 Things That Should Matter Today

DSS Confirms Plot for Interim Government in Nigeria Abia REC Speaks on Threats During Gubernatorial Results Collation FG Has Approved Pay Raise For Civil Servants - Ngige I Won’t Run…

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CBN confirms disbursement of substantial amount of naira notes to banks

The Central Bank of Nigeria (CBN) has implemented a coordinated effort to ease the circulation of banknotes of various denominations across the country. To achieve this, the CBN has evacuated…

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Emefiele apologizes for failed electronic transactions, assures quick resolution

The CBN governor, Godwin Emefiele, has issued an apology to the people of Nigeria for the recent uptick in unsuccessful online banking transactions. On Tuesday, after a two-day meeting in…

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I cut off roads to Natasha Akpoti’s constituency for security reasons – Yahaya Bello; Emefiele, Malami must resign for misleading Buhari on naira policy – APC | 5 Things That Should Matter Today

I cut off roads to Natasha Akpoti’s constituency for security reasons - Yahaya Bello Comply immediately with Supreme court ruling on naira redesign policy - Femi Gbajabiamila to CBN Tribunal…

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Supreme Court orders Old N200, N500, N1,000 notes to remain in circulation until December 31

In a landmark decision on Friday, the Supreme Court ordered that old N200, N500, and N1,000 notes are allowed to remain in circulation until December 31, 2023. The court also…

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Naira Redesign was to boost the economy, not to cause hardship – Buhari

President Muhammadu Buhari has apologized to Nigerians for the re-design of the naira, stating that the move was not intended to bring hardship. Governor of the Central Bank of Nigeria…

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Supreme Court Fixes March 3 for Judgement on Lawsuit Challenging Naira Redesign Policy of CBN

The Supreme Court has announced its decision to deliver its judgment on the lawsuit against the Central Bank of Nigeria's (CBN) Naira redesign policy on March 3. The announcement was…

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Five more states join suit challenging naira redesign policy of CBN

The lawsuit against CBN's redesign of the naira has expanded to include five additional states. These are the states of Kano, Niger, Jigawa, Nasarawa, and Abia. When the lawsuits were merged…

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Vote for Tinubu, Buhari tells Nigerians; Naira redesign was approved, Currency recolouring resulted – El-Rufai | 5 Things That Should Matter Today

Vote for Tinubu, Buhari tells Nigerians Naira redesign was approved, currency recolouring resulted - El-Rufai Wike absent as Atiku meets Rivers PDP Stakeholders in Abuja LASTMA issues travel advisory ahead…

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El-Rufai challenges Buhari, says old naira notes remain legal tender in Kaduna; Wike has officially joined APC, working for Tinubu – PDP campaign council | 5 Things That Should Matter Today 

El-Rufai challenges Buhari, says old naira notes remain legal tender in Kaduna Wike has officially joined APC, working for Tinubu – PDP campaign council Old Naira notes still remain legal…

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Buhari extends the validity of old N200 banknotes to April 10

President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to release old N200 notes into circulation to co-exist with new N200, N500, and N1,000 banknotes for 60 days.…

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Reject Old Naira and Face Prosecution – Sanwo-Olu Warns

Governor Babajide Sanwo-Olu of Lagos State has issued a warning to people who continue to refuse old naira notes, saying they will be prosecuted if they do not stop. It…

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Nigeria’s inflation hits 21.82 percent despite naira redesign

The consumer price index (CPI), which measures the rate of change in prices of goods and services, surged to 21.82 percent in January 2023, up from 21.34 percent in the…

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Old Notes Deadline: El-Rufai, Yahaya Bello present as Supreme Court adjourns case till Feb 22

The Supreme Court of Nigeria has adjourned the case on the naira swap policy of the Central Bank of Nigeria (CBN) till Wednesday, February 22 for hearing of the consolidated…

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Atiku cancels Rivers rally, cites insecurity; Banks, fuel stations reject old notes, disobey S’Court ruling | 5 Things That Should Matter Today

Atiku cancels Rivers rally, cites insecurity Banks, fuel stations reject old notes, disobey S'Court ruling Fani-Kayode to be questioned again by DSS over coup tweet My government will invest $10…

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Lagos orders closure of Chrisland School following death of student; CAN denies receiving N2bn from Obi | 5 Things That Should Matter Today

Lagos orders closure of Chrisland School following death of student CBN should announce use of old, new naira – Tinubu Kano LP guber candidate joins APC CAN denies receiving N2bn…

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Niger becomes fifth state to sue FG over naira redesign policy

The Niger state government has launched a lawsuit against the federal government over the Central Bank of Nigeria's re-design of the naira. Niger is the fifth state to file a…

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APC denies attempt to move polls, says Tinubu will win; Keep using old notes, Tinubu will change policy if elected – El-Rufai | 5 Things That Should Matter Today

APC denies attempt to move polls, says Tinubu will win Sanwo-Olu announces 50% fare cut on all state-owned transport services We don't want your stadium, you're unstable - Atiku campaign…

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One killed as Ogun residents protest, vandalise Bank ATMs over naira and fuel scarcity

Protesters on Tuesday vandalised automated teller machines in a bank premises in Abeokuta as demonstrations over the scarcity of the new naira notes and Premium Motor Spirit, commonly called petrol,…

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13 Parties threaten to withdraw from 2023 elections if CBN shifts new naira deadline

In response to the Central Bank of Nigeria's currency redesign strategy, "thirteen" of Nigeria's 18 political parties have vowed to sit out the next general elections on February 25 and…

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Naira redesign will boost economy, society – Peter Obi; IPOB alleges plot to assassinate Atiku in South East | 5 Things That Should Matter Today

Naira redesign will boost economy, society - Peter Obi You’re a political prostitute - Keyamo tackles Dogara I’ll develop entertainment industry - Peter Obi replies El-Rufai IPOB alleges plot to…

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Atiku blames Tinubu for new notes shortage; Nigerians need cash now – Osinbajo laments naira scarcity | 5 Things That Should Matter Today

Atiku blames Tinubu for new notes shortage APC supporters clash at national secretariat We have no plans to extend Feb 10 deadline for old naira notes - CBN Tension in…

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‘Serial entrepreneur’ selling new naira notes on social media arrested by ICPC

One Oluwadarasimi Emma has been detained for allegedly selling new naira notes on social media, according to the Independent Corrupt Practices and Other Related Offences Commission (ICPC). The ICPC's spokesperson,…

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I’m a frontrunner, won’t step down – Peter Obi tells Atiku; Wike slammed for failing to name preferred candidate | 5 Things That Should Matter Today

I’m a frontrunner, won’t step down – Peter Obi tells Atiku Wike slammed for failing to name preferred candidate Step down for Kwankwaso – NNPP tells Atiku Election riggers pushing…

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Don’t mind PDP, they cannot even provide electricity to roast boli – Tinubu

At a rally for the All Progressives Congress (APC) in Cross River state on Tuesday, APC presidential candidate Bola Tinubu criticized the country's foreign currency (FX) rate management system. The…

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Banks will accept old notes after deadline – Emefiele

Godwin Emefiele, governor of the Central Bank of Nigeria, informed the House of Representatives on Tuesday that commercial banks in Nigeria will continue to accept old naira bills from customers…

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