Tag: New naira notes
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New Naira scarcity: Buhari to interrogate CBN, others
President Muhammadu Buhari says he will interrogate the Central Bank of Nigeria (CBN) and other government agencies involved in the printing and distribution of new Naira notes in the country. Malam Garba Shehu, the Senior Special Assistant
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Coalition leads protest in Lagos over scarcity of new Naira notes (VIDEO)
As the scarcity of new Naira notes in the country continue to generate reactions, a group under the auspices of the Coalition of Civil Society Organizations for Good Governance (CCSGG) on Thursday staged a protest in front of the headquarters of various commercial banks in Lagos State. In the video making rounds on social media,…
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NEW NAIRA NOTES: Kate Henshaw reacts to video of woman naked in bank to close her account
Award Winning Actress and social advocate, Kate Henshaw, has reacted to the video of a protesting woman who stripped herself naked in the Banking hall in a bid to withdraw money. “Pls don’t share that lady’s video. She had no choice but to strip herself to get her own money because of Meffy and his…
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EFCC arrests currency racketeers trading in new naira notes in Abuja
The Economic and Financial Crimes Commission, EFCC, has arrested members of a syndicate of currency racketeers trading in the redesigned naira notes at Zone 4, Wuse and Dei-Dei axis of the Federal Capital Territory, Abuja. The Commission is also set to raid new naira note racketeers in key commercial cities such as Lagos, Port Harcourt,…
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NEW NAIRA NOTES: Who did Nigerians offend as banks refuse withdrawal?
Scarcity of the new naira notes and the difficulty in accessing the few available ones are proving to be a daunting experience for Nigerians across the country, as UBA Bank at the Agbara area of Badagry, Lagos State, on Tuesday stopped attending to their customers/Nigerians who were at the bank to withdraw money. The challenges…
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Hawkers sell new Naira notes at Zaria motor park
In spite of scarcity of the redesigned Naira notes in circulation, some smart alecs have been seen hawking the new notes at Dadi Motor Park, Sabon Gari-Zaria, Kaduna State, at exorbitant prices. The News Agency of Nigeria (NAN) saw large wads of different denominations of the notes on display at the entrance of Dadi Motor…
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CBN denies scarcity of new naira notes
The Central Bank of Nigeria (CBN) has denied scarcity of the new naira notes as alleged by some Nigerians. The CBN Governor, Godwin Emefiele, represented by Musa Jimoh, Director, Payment System
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CASH SWAP: CBN stops Abuja, Lagos PoS operators
The Central Bank of Nigeria, CBN, has stopped mobile money/Point of Sales agents in Abuja and Lagos from its newly launched cash swap programme. The development came as the January 31 deadline for the phasing out of the old N1,000, N500 and N200 notes approaches. In a Frequently Asked Questions document released to selected agents…