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.
A new monetary policy introduced by the Central Bank of Nigeria (CBN) has sparked violent protests in several states, including Edo, Delta, and Oyo.
The Lagos State Government, led by Governor Babajide Sanwo-Olu, has issued a stern warning to anyone rejecting old naira notes as legal tender. The government has...
In a bid to avoid disobeying a Supreme Court order, Nigerian President Muhammadu Buhari is considering extending the validity of old naira notes by 60 days....
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has vowed to arrest and jail any Point of Sale (PoS) agent charging customers above...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has stated that there is no need to shift the February 10, 2023 deadline for...
Tinubu stated that he was not against the policy in principle, but was instead opposed to its disruptive implementation
At the weekend, governors of the 36 states of the federation met in Abuja and rose with a resolution to direct their Attorneys General to review...
Nigeria, Africa’s most populous nation, has been making headlines recently for a variety of reasons, News About Nigeria reports. Here are some of the latest developments:...
Despite the CBN's efforts to distribute new notes through banks and ATMs, many Nigerians still have difficulties getting hold of them