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Economy

BREAKING: CBN Breaks Silence, Says Old Naira Notes Remain Legal Tender Till December

The Central Bank of Nigeria (CBN) on Monday said old N200, N500, and N1,000 banknotes remain legal tender Till December…

2 years ago

CBN Has Directed Banks To Accept And Dispense Old Naira Notes – Soludo

1- GOVERNOR SOLUDO: SPECIAL PUBLIC ANNOUNCEMENT Commercial banks have been directed by the Central Bank to dispense old currency notes…

2 years ago

Buhari’s Order To CBN Will End Naira Crisis Like Magic — SAN

A Senior Advocate of Nigeria, Emeka Etiaba, said that President Muhammadu Buhari’s directive to the Central Bank of Nigeria Governor,…

2 years ago

Pioneer Flour Mill In Sokoto, Kebbi, Zamfara Commences Operation

The pioneer Flour Mill in Sokoto, Kebbi and Zamfara States has commenced operation in Birnin Kebbi, the Kebbi State Capital.…

2 years ago

Cashless Policy: Matawalle Empowers 300 PoS Operators With N70m In Zamfara

The Zamfara government has disbursed N70 million to empower 300 Point-of-Sale, PoS, operators to fast-track implementation of the cashless policy…

2 years ago

Banks Reject Deposits Of Old Notes By Customers Despite Court’s Extension

Deposit Money Banks (DMBs) across the country yesterday began rejecting deposits of old naira notes (N1,000 and N500), after paying…

2 years ago

Naira Swap: Old And New Naira Notes Are Now Legal Tender – CBN Reveals

The Central Bank of Nigeria said that both old and new notes are now legal tender. The Acting Director of…

2 years ago

Banks Resume Paying Nigerians Old ₦‎500, ₦‎1,000 Notes

Via - Daily Trust Some commercial banks have started issuing out old N500 and N1000 notes to their customers. At…

2 years ago

Naira Swap: We Have No Information On The Supreme Court Ruling – CBN

For the second time since the Supreme Court ruled that the old N200, N500 and N1,000 notes will remain legal…

2 years ago

Naira Swap: Banks’ Cash Withdrawal Limit Is Illegal – Supreme Court

The Supreme Court has adjudged the cash withdrawal limits imposed by banks as a result of scarcity of currency notes…

2 years ago
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