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Tag "new naira notes"

Inflation: We’ll soon reduce volume of N500, N1000 in circulation, says Emefiele

    Inflation: We’ll soon reduce volume of N500, N1000 in circulation, says Emefiele

The Central Bank of Nigeria (CBN) says it is planning to reduce the volume of higher denominations — N500 and N1000 — in circulation to tame inflation. Godwin Emefiele, governor

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Emefiele: Redesigned naira notes have security features — it can’t be counterfeited

    Emefiele: Redesigned naira notes have security features — it can’t be counterfeited

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the redesigned naira notes cannot be counterfeited due to its “security features”. Emefiele said this while interacting with journalists

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‘Na Snapchat filters’ — Twitter reacts to unveil of redesigned naira notes

    ‘Na Snapchat filters’ — Twitter reacts to unveil of redesigned naira notes

The redesigned Nigerian currency unveiled by President Muhammadu Buhari on Wednesday, has stirred numerous reactions on social media. Last month the Central Bank of Nigeria (CBN) announced the plan to

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PHOTOS: The moment Buhari unveiled redesigned naira notes

    PHOTOS: The moment Buhari unveiled redesigned naira notes

President Muhammadu Buhari unveiled the redesigned naira notes on Wednesday at the state house, Abuja. Buhari unveiled the new currency notes before the federal executive council (FEC) meeting. The redesigned

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For peacekeeping, Obasanjo’s image should be on redesigned naira note, says Atiku

  For peacekeeping, Obasanjo’s image should be on redesigned naira note, says Atiku

Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), says the Central Bank of Nigeria (CBN) should consider imprinting

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Naira redesign: UBA to open on Saturdays for deposits

  Naira redesign: UBA to open on Saturdays for deposits

The United Bank for Africa (UBA) says it would begin operations on Saturdays for cash deposits. The Bank disclosed this

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CISLAC to CBN: Redesigning naira notes is not an economic priority

  CISLAC to CBN: Redesigning naira notes is not an economic priority

The Civil Society Legislative Advocacy Centre (CISLAC) says the decision by the Central Bank of Nigeria (CBN) to redesign some

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‘Aggressive spending, worsening FX crisis’ — how CBN’s naira redesign will affect economy

  ‘Aggressive spending, worsening FX crisis’ — how CBN’s naira redesign will affect economy

The Central Bank of Nigeria (CBN), on Wednesday, announced that it redesigned some new naira notes. Speaking on the development,

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