BREAKING: Fighting Erupts In Lagos Over New Naira
Meanwhile, the Lagos State Police Public Relations Officer, Benjamin Hundeyin, has confirmed the current unrest.
Tag: New Naira notes
Naira Crisis: Sanwo-Olu Cushions Effects, Vows To Prosecute Those Rejecting Old Naira Notes
“The State Government has joined the dispute at the Supreme Court, which today adjourned the hearing of the matter till February 22.” He further stated…
Nigerian Protesters Set Banks, Fuel Station Ablaze Over New Naira Crisis
The protesters comprised mainly tricycle and motorcycle operators who were angered by the commercial banks’ refusal to accept the old 200, 500, and 1000 naira notes.
Naira Crisis: Reactions As Gov. Matawalle Moves To Cushion Effects On Traders, Orders Arrest of People Rejecting Old Naira Notes
He expressed optimism that the circulation of old notes and gradual withdrawal and replacement of old with new notes would ease people’s sufferings.
![BREAKING: [CBN’s Naira Policy] Supreme Court Stops Old Naira Notes Ban](https://i0.wp.com/deeruditecommunications.com/wp-content/uploads/2023/02/BREAKINGn-1-640x405-1.png?resize=640%2C405&ssl=1)
BREAKING: [CBN’s Naira Policy] Supreme Court Stops Old Naira Notes Ban
Recall that the CBN earlier gave a ten-day additional ultimatum for the return of the old naira notes to the banks.
NEW NAIRA: Nigerians Groan As Effects of Cashless Policy Persist
NAN reports that the introduction of the new redesigned N1,000, N200, and N500 notes and their slow-pace release in the system by commercial banks, as directed by the Federal Government, has been causing hardship to the people.
CBN To INEC: We’ll Make Cash Available For You
“We are committed to supporting INEC in the area of electronic means of payment and cash to pay some service providers during the #NigeriaDecides2023 election.”
![Breaking: [Photos] EFCC Arrest Operations Manager of Commercial Bank For Hoarding Over N100m New Notes](https://i0.wp.com/deeruditecommunications.com/wp-content/uploads/2023/02/1675701600951_1.jpg?resize=720%2C268&ssl=1)
Breaking: [Photos] EFCC Arrest Operations Manager of Commercial Bank For Hoarding Over N100m New Notes
The arrest is consequent to the earlier warning issued by the Central Bank of Nigeria against any form of breach of procedures for the swap of the old and redesigned naira notes.
New Naira Policy: State Govts Charge FG To Supreme Court
The state governments were worried by the effects the Central Bank of Nigeria’s naira redesign policy is having on the residents of their states.
New Naira Crisis: CAN Reacts, Demands Probes of Banks Allegedly Hoarding Cash
This was as the association extolled President Muhammadu Buhari for insisting that the 2023 elections must be free, fair, and credible.
Abuse of Naira Notes: EFCC Grills Actress, As CBN Cautions Nigerians
It’s an offense contrary to Section 21 (5) of the Central Bank of Nigeria, CBN Act, 2007.
NAIRA SWAP CRISIS: Police Arrest Two Suspects For Allegedly Possessing, Selling of Counterfeited Naira Notes
This is a sequel to the warnings by the Central Bank of Nigeria against suspected and potential perpetrators of such acts
FUEL, NAIRA CRISIS: Gov. Makinde Moves To Cushion Effects, Proffers Palliative Measures
He announced this in a state-wide broadcast aired on the state-owned radio service, the Broadcasting Corporation of Oyo State.
February 10th: Atiku Speaks On CBN’s Possible Extension of Naira Swap Deadline
This had become imperative to ensure the purpose and objective of initiating the redesigning of the currency are not destroyed. He said.
Naira Swap: Group Reveals How Tinubu’s Outburst Avert Looming Crisis
This, the Tinubu support group said, saved the nation from going up in flames, following the anger which pervaded the atmosphere before the sudden 10-day extension.
Buhari Finally Reveals Reasons For Naira Redesign, Promises To Stabilise New Notes Supply Soon
It would be recalled that last November, the Central Bank announced that it would redesign the series of N200, N500, and N1000 notes of the Naira.
New Naira: CBN May Review Policy As NBA Intervenes
Even as the deadline has been extended, many Nigerians have been lamenting the hardship as a result of the unavailability of the new notes even when they visit banks to swap the old notes and also Automated Teller Machines to withdraw cash.
BREAKING: CBN Extends Deadline For Return of Old Naira Notes
This was disclosed via a press statement issued on Sunday, by the CBN governor, Godwin Emefiele.
Reactions As Ganduje Writes Buhari Over New Naira
The Governor showed concern with the Central Bank of Nigeria’s policy on redesigned naira notes for security reasons.
![CBN’s Deadline: [Photos] More Surprises As Unknown Person Dump Old Naira Notes Inside Keke](https://i0.wp.com/deeruditecommunications.com/wp-content/uploads/2023/01/1674671655458.jpg?resize=436%2C500&ssl=1)
CBN’s Deadline: [Photos] More Surprises As Unknown Person Dump Old Naira Notes Inside Keke
Recall that bundles of old naira notes were earlier seen dumped at a refuse site.