Tag: Naira Notes
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CBN directs banks to release new naira notes in Zamfara
The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMBs) in Zamfara, to release the new naira notes to Point of Sale (POS) operators or face sanction. The CBN Controller in the state, Alhaji Buhari Abbas gave the charge on Friday at a sensitisation exercise for POS operators in Gusau. He said the…
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2023: There are plans to scuttle elections – Fani Kayode
An All Progressive Congress chieftain and former Minister of Aviation, Femi Fani-Kayode has noted that there are plans by some cabal to mar the forthcoming general elections in the country. Fani-Kayode made this comment via his personal Twitter page on Wednesday night. According to him, the plans include hoarding of the new Naira notes, fuel…
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Old Naira notes: Ortom backs NASS for extension of deadline
Benue State Governor, Samuel Ortom has called on the Central Bank of Nigeria (CBN) to extend the deadline for the use of the old naira notes, especially for those in the rural areas. Ortom made his feelings known when the Governing Council and Management of the Joseph Sarwuan Tarka University, Makurdi (JOSTUM) paid him a…
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How embattled CBN gov, Emefiele scored ”away goal” with visit to Presidential Villa
President Muhammadu Buhari in the course of the week received briefing from the embattled Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, in the Presidential Villa Abuja. The CBN governor updated the president on the activities of the
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Advocacy: Olubadan supports CBN over redesigned Naira notes, accepts deadline
The CBN has enlisted the support of the Olubadan of Ibadanland, Oba Lekan Balogun and Olubadan-in-Council, on the advocacy of the newly designed naira notes in Ibadan. Mrs Olufolake Ogundero, the CBN Ibadan Branch Controller, told said this after an advocacy visit to the Olubadan on Saturday at his Alarere Palace, in Ibadan. Nigerian standard…
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Truck load full of rotten N1,000 notes found in North (VIDEO)
A broken down truck loaded with N1,000 notes has been spotted on social media and alleged to have emanated from North as people seen speak Hausa. TheNewsGuru.com (TNG) reports that the truck is the third loaded with naira notes from a state in the North looking for where to offload them. The development comes as…
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“Prophet” in viral men and women naked bath for money ritual videos to be arrested
The prophet seen in the viral videos of naked men and women performing money rituals in an Anambra state river is to be arrested and prosecuted if the threat, yesterday, by Anambra State Government is carried out. The state government has threatened to arrest the “prophet” popular known as ‘Onyeze Jesus’ over indecent practices and…
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CBN opposes moves to remove Arabic inscriptions from Naira notes
The Central Bank of Nigeria (CBN) has opposed a suit seeking to remove the Ajami (Arabic) inscriptions on naira notes. It told the Federal High Court that it would cost the country a “colossal sum of money” to discard the existing notes and print new ones without Ajami. The CBN said Ajami is not a…
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VIDEO: Lady allegedly vomits naira notes after losing pants to ritualists
There was confusion in several parts of Warri and environs on Sunday when a lady was said to be vomiting money around Effurun market area of Uvwie local government area after her pant was allegedly stolen at her residence few weeks ago. The news of the lady vomiting money spread to several parts of Warri,…
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Spraying, hawking naira notes will land you in jail, Bankers Committee warns
The Bankers Committee on Friday warned against bastardising the national currency, saying those who spray and hawk the naira notes at parties risk going to jail. TheNewsGuru (TNG) reports mobile courts are to try those bastardising the national currency, and if found guilty, sent to jail. Issuing the warning after its meeting in Lagos, the…