Just another News Updates
The Central Bank of Nigeria (CBN) has in it’s continuous awareness campaign urged business communities of Gusau central market on the need to deposit old naira notes into their accounts before January 31. Speaking at the event the Branch Comptroller, Malam Buhari Abbas, said replacement of the old currency notes was necessitated by the need […]
The National Orientation Agency (NOA) has begun sensitisation to the need by the public to deposit old Naira notes in their bank accounts. NOA officials visited Churches, Mosques and motor parks to enlighten the people about the economic benefits of the CBN measure. The NOA Acting Director in Zamfara, Mallam Aminu Ibrahim, disclosed this while […]
The Governor of the Central Bank of Nigeria, Godwin Emefiele has said that it would work with law enforcement agencies like the Economic and Financial Crimes Commission and the Independent Corrupt Practices and Other Related Offences Commission, to complicate and track large withdrawals. He said this while briefing the press after the launch the new […]
Suspected bandits have demanded for new naira notes as ransom after kidnapping at least four persons in Kolo village, in the Gusau Local Government Area of Zamfara State. According to reports, the bandits who requested N10m ransom to release the victims consisting of a man, woman, and two children rejected the old naira notes. An […]
Nairametrics Nigeria’s Central Bank Governor, Godwin Emefiele has announced the apex bank is planning to reduce the volume of N500 and N1000 notes in circulation “over time”. The governor made this known in his briefing to the media at the monetary policy communique held on November 22nd, 2022. He was responding to questions about the […]
By Daily Trust Three serving state governors are being monitored over their moves to launder stashed billions of naira through table payment of salaries to workers, Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, told Daily Trust in an exclusive iinterview on Thursday. He said raid on Bureau De Change operators will […]
The Economic and Financial Crimes Commission, EFCC, has arrested the Kogi State House of Assembly candidate of the New Nigeria Peoples Party, NNPP, Ismaila Yusuf Atumeyi with N326million and $ 140,500 cash. Atumeyi who is seeking to represent Ankpa 11 Constituency in the Kogi State House of Assembly was arrested on Sunday, October 30, 2022 […]
A well known Islamic scholar from the northern part of Nigeria, Sheikh Ahmad Gumi, took to his Facebook page in the early hours of today to share his thoughts regarding the alteration of naira currencies as reportedly planned by the Central Bank of Nigeria (CBN). The fierce Shiek condemned the planned redesigning of the Naira, […]
The Central Bank of Nigeria (CBN) on Wednesday said it will redesign the N200, N500, and N1,000 notes. CBN Governor, Godwin Emefiele, disclosed this during a special press briefing in Abuja. The new design and issues will be effective from December 15, 2022. The action was taken in order to take control of the currency […]