The Central Bank of Nigeria (CBN) has taken steps to alleviate the impact of the Naira scarcity on the residents of remote communities in Kano State....
In a historic move, twelve states from across Nigeria have united to challenge the Federal Government’s decision to ban the use of old N200, N500, and...
The Minister of Justice and Attorney General of the Federation, Abubakar Malami (SAN), and a number of All Progressives Congress (APC) governors met on Monday ahead...
A large crowd has gathered at the Central Bank of Nigeria (CBN) office in Marina, Lagos, as Nigerians attempt to swap old N500 and N1000 notes...
Nigerians are currently in a state of confusion over where to deposit their old N1000 and N500 notes. This development comes after conflicting announcements from Deposit...
The Central Bank of Nigeria (CBN) has directed commercial banks to collect old N500 and N1000 notes from their customers who have enrolled and generated reference...
On Friday, what started as a peaceful protest against naira scarcity turned violent as hoodlums hijacked the demonstration to rob residents and business owners in Port...
Nigeria’s recent policy of introducing new naira notes has caused chaos and unrest in Lagos State, specifically on the popular Lagos-Ikorodu expressway. The policy has caused...
In a recent national broadcast, Nigerian President Muhammadu Buhari announced that the country has successfully retrieved N2.1 trillion from banknotes previously held outside the banking sector....
The President explained that the old notes have been phased out to strengthen the economy, enhance security, and block leakages associated with illicit financial flows.