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Tag "naira notes"

‘Take precautionary measures’ — CBN warns banks of fake naira in circulation

    ‘Take precautionary measures’ — CBN warns banks of fake naira in circulation

The Central Bank of Nigeria (CBN) has warned banks to beware of the circulation of counterfeit naira banknotes, particularly higher denominations, in major cities across the country. The warning was

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CUPP spokesperson: Bank managers found hoarding new naira notes must be punished

    CUPP spokesperson: Bank managers found hoarding new naira notes must be punished

Ikenga Ugochinyere, spokesperson of the Coalition of United Political Parties (CUPP), says banks and their managers who are found to be hoarding new naira notes should be punished. About two

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NSCDC raises alarm over increased circulation of fake new naira notes

    NSCDC raises alarm over increased circulation of fake new naira notes

The Nigeria Security and Civil Defence Corps (NSCDC) says it will continue to arrest and prosecute those involved in the production and circulation of fake redesigned naira notes. Speaking in

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Akeredolu to Buhari: Allow old, new naira notes co-exist | it’ll be a good parting gift

    Akeredolu to Buhari: Allow old, new naira notes co-exist | it’ll be a good parting gift

Rotimi Akeredolu, governor of Ondo state, has asked President Muhammadu Buhari to allow the old and new naira notes to co-exist. Nigerians have been battling with cash scarcity as an

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‘I am deeply pained’ — Buhari blames ‘unscrupulous’ bank officials for naira scarcity

  ‘I am deeply pained’ — Buhari blames ‘unscrupulous’ bank officials for naira scarcity

President Muhammadu Buhari says “unscrupulous” bank officials are “sabotaging” the implementation of the naira redesign policy.  Buhari spoke in a

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TRENDING VIDEO: ‘I need to buy drugs’ — elderly man weeps inside bank over cash scarcity

  TRENDING VIDEO: ‘I need to buy drugs’ — elderly man weeps inside bank over cash scarcity

A video of an elderly man weeping inside a banking hall has surfaced on social media platforms. Speaking in Yoruba,

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Court restrains CBN from extending deadline on use of old naira notes

  Court restrains CBN from extending deadline on use of old naira notes

A federal capital territory (FCT) high court has compelled the Central Bank of Nigeria (CBN) to go ahead with the

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EFCC grills actress for ‘spraying, stepping on new naira notes’

  EFCC grills actress for ‘spraying, stepping on new naira notes’
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ICPC arrests bank manager for ‘preventing’ ATMs from dispensing cash

  ICPC arrests bank manager for ‘preventing’ ATMs from dispensing cash

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it has arrested the manager of a bank in

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Lawyer sues CBN, seeks extension of deadline for old naira notes

  Lawyer sues CBN, seeks extension of deadline for old naira notes

Joshua Alobo, a professor of law, has asked a federal high court in Abuja to restrain the Central Bank of

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