Tag: Cash Swap programme

INVESTIGATION: How CBN, DMBs, POS operators connive to swindle Nigerians, cause economic sabotage

Feb 2, 2023

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by

Oghenekevwe Uchechukwu

in TNG investigations, Top Story

“I went to the ATM this morning to withdraw, no money. So I decided to use the banking hall and after queuing up for over 30 minutes, the bank attendant said they can only give N2, 000 in N50 denomination. I angrily walked out of the bank,” a resident of Lagos, Ijeoma Igwe lamented. Another…
Naira redesign: Over 17 million Nigerians abroad have nowhere to exchange old banknotes

Jan 30, 2023

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by

Oghenekevwe Uchechukwu

in TNG investigations

Nigerians in the Diaspora have been excluded from the ongoing cash swap programme launched by the Central Bank of Nigeria (CBN) and are left stranded with the old banknotes as no provision has been made to accommodate them in the programme. The cash swap programme is part of efforts by the CBN to fast-track on…