Recall that the Central Bank of Nigeria earlier this year, redesigned the naira notes; 100N, 200N, 500N, and 1000N notes. Nigerians were mandated by the CBN to return the old…
Category: Economy
10 best online savings platforms in Nigeria
As technology advances in Nigeria, people are beginning to realize the importance of saving money online. Online savings platforms provide convenience and flexibility to individuals who are looking for a…
JUST IN: New Naira: Supreme Court has set March 3 for judgement
The Supreme Court postponed its decision in the new naira policy suit until March 3, 2023, on Wednesday. With the apex court’s decision, Nigerians, particularly consumer and business groups, and…
Breaking: Buhari orders CBN to allow old N200 to remain circulation till April 10
President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, to keep the old N200 (two hundred naira note) in circulation until April 10, 2023, when…
See Full text of the Buhari’s address on naira scarcity
My Dear Compatriots, I have found it necessary to address you today, on the state of the nation and to render account on the efforts of our administration to sustain…
Breaking News: President Buhari Will Address Nigerians On Naira Swap Crisis Today
On Thursday, February 16, 2023, at 7 a.m., President Muhammadu Buhari will make a national broadcast. This was revealed in a statement issued late Wednesday night by Femi Adesina, Special…
CBN releases new portal for collecting Old naira notes before February 17 deadline
The central bank of Nigeria has published a new portal for the collection old naira notes. The process requires registration on the newly released portal with the url : crs.cbn.gov.ng…
Breaking: Old naira notes remain legal tender says Supreme Court
According to the Supreme Court, its February 8 order prohibiting the Federal Government and its agencies from enforcing the February 10 deadline for the use of old 200, 500, and…
CBN: Old Naira Notes No longer Acceptable As Legal Tender
The Central Bank of Nigeria (CBN) has declared that the old N200, N500, and N1000 notes have stopped being legal tender as of February 10, 2023. The CBN previously set January 31…