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The Central Bank of Nigeria (CBN) has levied a penalty of ₦1.35 billion on nine Deposit Money Banks (DMBs) for their failure to ensure the availability...
Two individuals have been arrested in Gombe State for allegedly purchasing two bags of beans with counterfeit naira notes. The suspects, Garba Audu, who is also...
The trial of former Central Bank of Nigeria (CBN) Governor Godwin Emefiele resumed on Thursday, at the Federal Capital Territory (FCT) High Court in Maitama. During...
The Central Bank of Nigeria (CBN) has officially refuted rumours suggesting that old Naira notes will cease to be legal tender by December 31, 2024. In...
The Central Bank of Nigeria (CBN) has disclosed that the value of Naira notes, the country’s currency currently in circulation, reached a record high of ₦3.97...
The improper treatment of Naira notes represents a significant violation with far-reaching consequences, impacting both the economy and public health while jeopardizing the financial system’s integrity....
In Nigeria, the handling of the national currency, the Naira, is subject to strict regulations outlined by the Central Bank of Nigeria (CBN). These regulations are...
The Olu of Owode in Obafemi/Owode Local Government of Ogun State, Oba Kolawole Sowemimo, has confirmed his two-month suspension without salaries by the Egba Traditional Council....
The Central Bank of Nigeria (CBN) has urged Nigerians to embrace alternative means of payment for their daily transactions as it raises alarm over the increased...
The Central Bank of Nigeria (CBN) on Thursday emphasized that new and old naira notes remain valid beyond 31st December 2023. The CBN urged citizens and...
The Bola Ahmed Tinubu-led Federal Government has asked the Supreme Court to grant an extension of time for old naira notes to remain in circulation. Naija...
The Central Bank of Nigeria (CBN) has explained why there are reports of the scarcity of naira notes in some parts of the country. Naija News...
Nollywood actress cum wife of Nigerian billionaire, Regina Daniel, has claimed she was unaware of the Naira scarcity during the Naira Redesign Policy by the Central...
The Central Bank of Nigeria (CBN) has warned Nigerians who spray and hawk naira notes at events to desist from the act. Naija News reports the...
With the December 31st deadline issued by the Supreme Court over the legal status of the old naira notes drawing nearer, many Nigerians are lamenting the...
Some Nigerians have expressed mixed feelings as the Central Bank of Nigeria, CBN, bowed to the order of the supreme court on the usage of old...
The scarcity of the new naira notes is still hitting Nigerians very hard over a week after the Supreme Court ordered the Federal Government and the...
A large number of women in Yenogoa, the capital city of Bayelsa state, on Friday, stormed the streets of the state to stage a protest over...
President Muhammadu Buhari might be prosecuted for not complying with the order of the Supreme Court over the new naira policy, according to a Senior Advocate...
The Supreme Court on Wednesday failed to give a definite ruling on the confusion which has trailed the naira redesign/naira swap policy introduced by the federal...