Just another News Updates
Kano State Government and Islamic Clerics from Tijjaniyya, Qadiriyya and Izala sects in the State have called on the Federal Government to extend the deadline set by the Central Bank of Nigeria for the redesigning of Naira notes due to unavailability of the new notes for the people. The call was in a resolution of […]
The Central Bank of Nigeria (CBN), Zamfara State Branch, has ordered police to arrest people who refused to collect old naira notes, saying old naira notes is still legal tender until after the 31st of this month. The CBN has further ordered five commercial banks in the state to immediately release new naira notes to […]
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 […]
Further to the launch of the redesigned Naira notes by the President of the Federal Republic of Nigeria, on Wednesday, November 23, 2022 and in line with the Cash-less policy of the CBN, all deposit money banks (DMBs) and other financial institutions (0F1s) are hereby directed to note and comply with the following: Withdrawals above […]
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 […]
The Nigerian senate has said the deadline of Tuesday, January 31, 2023, given by the Central Bank of Nigeria (CBN) to pay all cash in circulation into banks was too short. This is as the upper chamber promised to provide legislative support for the policy of CBN to redesign the naira. The resolution of the […]
By Abba Dukawa The spiritual leader of Qadiriyya Movement in Africa, Sheikh Qaribullah Nasiru Kabara has said the annual Maukibi is practiced to remember the contribution of late Sheikh Jilani towards the propagation of Islam, especially in Africa, who lived about 1,000 years ago. The revered leader adding that the practice remain the movement followers […]