Tag: new notes
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Banks are now paying old notes, new notes – CBN
The Central Bank of Nigeria has stated said that commercial banks have started issuing both old and new Naira notes The Acting Director of Corporate Communications CBN, Dr. Isa Abdulmumin disclosed this on Tuesday.
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GTB denies giving N500m new notes to any Presidential candidate
Guaranty Trust Bank Ltd., said it did not give N500 million new notes to any Presidential candidate in the ongoing General Elections, as reported on Twitter by @ifygold21. The bank said in a statement on Wednesday in Lagos,
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Naira Scarcity: CBN policy specially designed to target Tinubu – Kachukwu
The presidential candidate of the African Democratic Congress (ADC)Dumebi Kachikwu has revealed that the Central Bank of Nigeria (CBN) naira redesign policy was specially designed to target the presidential flagbearer of the All Progressives Congress, APC, Sen Bola Tinubu.
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New Notes: FG, CBN to make decision after Supreme Court ruling
The federal government and the Central Bank of Nigeria have promised to take a stand after Supreme court ruling today, Wednesday. This was made known by the Senior Special Assistant to the President on media and Publicity, Garba Shehu, saying that the FG would make its position on the new naira policy known after the…
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Naira redesign: Embrace eNaira and internet banking, CBN tells Nigerians
The Central Bank of Nigeria (CBN) has expressed concern over the challenges being experienced by the citizens in getting cash from their bank accounts and other alternative channels. The Director, Corporate Communications Department in the bank, Mr Osita Nwanisobi stated this during the CBN Special Day at the ongoing 44th Kaduna International Trade Fair, on…
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Old Notes: Wike hails supreme court over judgement extending CBN’s deadline
The Governor of Rivers State, Governor, Nyesom Wike has hailed the supreme court judgment that set aside the Central Bank of Nigeria, (CBN)’s February 10 deadline stopping the old notes from becoming legal tender in the country.
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CBN naira re-design ill timed – APC PCC
The All Progressives Congress (APC) Presidential Campaign Council (PCC) says the Central Bank of Nigeria (CBN) naira re-design is ill timed. Mr. Bayo Onanuga, Director, Media, and Publicity APC PCC said this in a
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Naira Redesign: President Buhari to take major decision next week
President Muhammadu Buhari has said that he would take a major decision concerning the naira redesign and its distribution in the next one week. The president’s statement was made known by his media aide, Garba Shehu on Friday, he said that the request is sequel to a meeting held with the governors forum at the…
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BREAKING: I will make a decision on Naira redesign in 7 days – Buhari
P resident Muhammadu Buhari has decided to make a critical decision in seven days following the policy of the Central Bank of Nigeria to change high-value Naira notes with new ones. Mr. Femi Adesina, the President’s spokesman in a statement, said Buhari stated this during a
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BREAKING: CBN orders banks to begin counter payment of new Naira notes
The Central Bank of Nigeria (CBN) on Thursday ordered commercial banks to begin the payment of the new naira notes to customers over the counter. This was confirmed in a statement issued and signed by the Bank’s Director