Tag: Naira redesign

2023: Only unpatriotic Nigerians will vote for Tinubu, others – Obasanjo; FG quietly approves ₦‎185 per litre as petrol pump price | 5 Things That Should Matter Today

2023: Only unpatriotic Nigerians will vote for Tinubu, others – Obasanjo Senator Ita Enang loses appeal battle for A’Ibom APC governorship ticket CBN warns commercial banks against ATM dispensing old…

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CBN’s new policy on cash withdrawal limits goes into effect nationwide

Individual and corporate cash withdrawal limitations under CBN's new policy go into effect today. The Central Bank of Nigeria (CBN) implemented a new regulation capping weekly cash withdrawals at N5 million…

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Senate appeals to CBN to extend deadline for withdrawal of old naira notes to June 2023

On Wednesday, the Senate requested that the Central Bank of Nigeria (CBN) extend the date for the removal of old naira notes from circulation from January 31, 2023, to June…

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I am not available to brief you – Emefiele again skips House of Reps hearing on withdrawal limits

Godwin Emefiele, governor of the Central Bank of Nigeria, has once again dodged a House of Representatives hearing over the bank's controversial policy of capping customers' daily withdrawals at a…

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Counterfeits of new N1,000 notes already in circulation few days after issuance

Some counterfeits of the new N1000 naira notes have entered circulation just days after the CBN issued the redesigned naira notes in the denominations of N200, N500, and N1,000. A…

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I am Igbo ticket to presidency – Atiku; Banks unable to meet surging demand for new naira | 5 Things That Should Matter Today

I am Igbo ticket to presidency - AtikuBanks unable to meet surging demand for new nairaEFCC recovers over N30 billion from suspended AGF83,000 Boko Haram fighters surrenderEFCC keeping tabs on…

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New Naira Notes Might Be Illegal – Femi Falana

Femi Falana (SAN), an activist lawyer, has encouraged President Muhammadu Buhari to propose a Supplementary Bill to the National Assembly authorizing the withdrawal of public funds from any federation account…

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We had limited time – CBN defends simplicity of the new naira notes 

The Central Bank of Nigeria (CBN) has responded to the criticism that its much-anticipated redesign of naira notes was nothing more than a cosmetic change in color, without any new…

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Buhari unveils redesigned naira notes

President Muhammadu Buhari revealed the redesigned Naira banknotes suggested by the Central Bank of Nigeria on Wednesday (CBN). Mr. Godwin Emefiele, governor of the Central Bank of Nigeria, stated on…

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Buhari to unveil redesigned naira notes today; Boko Haram kill 10 Chadian soldiers at Nigerian border | 5 Things That Should Matter Today

Buhari to unveil redesigned naira notes todayBoko Haram kill 10 Chadian soldiers at Nigerian borderUS govt restates visa ban warning to election riggersOsun inauguration: Security agencies issue warning against rumoured…

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Naira redesign: Buhari to unveil newly designed naira notes Wednesday

Godwin Emefiele, the governor of the Central Bank of Nigeria, has stated that President Major General Muhammadu Buhari (ret.) will unveil the newly designed naira notes on Wednesday. Emefiele stated…

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Naira redesign: CBN instructs banks to open on Saturdays

The Central Bank of Nigeria has directed that commercial banks in the country remain open on Saturdays until January 31, 2023, in order to allow customers to return existing naira…

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Naira redesign may crash dollar to N200 – EFCC Chairman

According to Abdulrasheed Bawa, chairman of the Economic and Financial Crimes Commission (EFCC), the dollar could fall to N200 following the redesign of naira notes. Bawa stated this in an…

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Senate session becomes heated over naira redesign

Senator Uba Sani, chairman of the Senate Committee on Banking, Insurance, and Other Financial Institutions, moved a motion on the Central Bank of Nigeria's Naira Redesign Policy, which led to…

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We can no longer vote for poverty – Peter Obi; Buhari returns to Nigeria after 13-day trip to UK for medical checkup | 5 Things That Should Matter Today

We can no longer vote for poverty – Peter ObiBuhari returns to Nigeria after 13-day trip to UK for medical checkupBayelsa commences closure of IDP campsNaira redesign: We’re working to…

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Naira Redesign: Everything you need to know

President Muhammadu Buhari has said that his government will not change its mind about the Central Bank of Nigeria's (CBN) plan to redesign Nigeria's N1,000, N500, and N200 bills. Buhari…

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Fuel scarcity may worsen in Lagos, others as NUPENG issues Nov 6 strike notice; Afenifere endorses Tinubu | 5 Things That Should Matter Today

Fuel scarcity may worsen in Lagos, others as NUPENG issues Nov 6 strike noticeISWAP commander captured, fighters killed attempting to liberate terrorists from Army base‘Those with illicit money buried under…

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