Banks have resumed the payment of the old Naira notes( N500, N1000). Following the Supreme Court judgment, which extended the validity of the Central Bank of...
The Supreme Court has ordered that old N200, N500, N1,000 notes remain in circulation till December 31, 2023. The apex court which gave the order on...
Abdulrasheed Bawa, the chairperson of the Economic and Financial Crimes Commission (EFCC), says some politicians are planning to buy votes by distributing items instead of cash....
Concerned by the closure of businesses over Naira Scarcity across Nigeria, President Muhammadu Buhari has appealed to the citizens to persevere, disclosing that new measures were...
Some commercial sex workers in the Federal Capital Territory have decried low patronage in their business due to the scarcity of naira notes. Some of them...
Jumoke Akande today joins Avanti Communcations (“Avanti”) as Chief Marketing Officer. Based in Avanti’s new offices in Lagos, Nigeria, Akande will be working closely with Avanti’s...
Ogun State Governor, Prince Dapo Abiodun, has warned that the state government will shut down any bank that refuses to accept old naira notes in the...
The Central Bank of Nigeria (CBN) has declared that the old Naira Notes of N200, N500 and N1000 have ceased to be legal tender in Nigeria...
The Central Bank of Nigeria (CBN) has asked Nigerians to embrace eNaira and internet banking as alternatives to cash transactions. Speaking at the recently concluded 44th...
Supply constraint arising from the limited capacity to print enough new Naira notes is responsible for the severe cash crunch hurting Nigerians, CBN Governor Godwin Emefiele...