New naira notes

The law firm of Femi Falana, a human rights lawyer, has asked the Central Bank of Nigeria (CBN) to provide details of the amount of the new naira notes that has  been disbursed to commercial banks in the country. The firm also…

Northern Elders Forum (NEF) says President Muhammadu Buhari is unwilling to rein in the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele so that old and new N200, N500 and N1,000 notes would co-exist for the next six…

Economic and Financial Crimes Commission (EFCC) has arrested a bank’s operations manager in Abuja for hoarding N29m worth of new naira notes. Nigeria’s apex bank, the Central Bank of Nigeria (CBN), fixed February 10 as the deadline…

Nigerians have continued to bemoan the inability to gain access to new naira notes. In recent weeks, citizens of the country, including civilians, public figures and elites have struggled to spend funds in the ideal manner.…

On Wednesday, February 1, the Independent Corrupt Practices and Other Related Offences Commission (ICPC) arrested an Abuja-based Twitter user, Oluwadarasimi Omoseyin, with the handle @SimisolaGold and Twitter name Simisola of…

Central Bank of Nigeria, CBN, has promised to impose stiffer sanctions on financial institutions hoarding the new naira notes. The apex bank issued the threat on Wednesday in reaction to the allegation that enough notes were not…

Due to wrong contradictions,Central Bank of Nigeria (CBN) has said there is a huge circulation of the new naira notes in the economy. The CBN Lagos Branch Controller, Godfrey Koyor, said this during a stakeholder sensitisation event…

President Muhammadu Buhari will formally unveil the new naira notes on Wednesday, except the president changes his plan in the coming hours, according to a statement issued by the CBN. The Central Bank of Nigeria had on October 26…