A petty trader, Mrs. Bolade Inuwa, has narrated how she was spared huge embarrassments and inconveniencies in the wake of the recent policy pronouncement on the redesign of select denominations of the national currency – the Naira, specifically referencing how…
Mefy, stop riding the back of a tiger — Ehi Braimah
For those who do not know, “Mefy” is the alias of Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) who completed his first term of five years in 2019 and was re-appointed by President Muhammadu Buhari for another…
*Dismiss suit challenging old naira notes, FG tells Supreme Court (DailyTrust)*I didn’t offer to buy kidney, Ekweremadu tells UK court (Punch)
Dismiss suit challenging old naira notes, FG tells Supreme Court (DailyTrust) The Federal Government has asked the Supreme Court to dismiss a suit challenging the February 10 deadline for the circulation of old naira notes. The Central Bank of Nigeria…
Synergistic gaps between CBN and banks in naira redesign exercise — Magnus Onyibe
With the recent discovery of caches of the redesigned naira notes with unbroken wrappers inside Automated Teller Machines, ATMs making it impossible for cash to be dispensed and revelations that stacks of redesigned naira notes are hidden behind old ones…
*Tragedy averted as container falls on Lagos-Ibadan Expressway (Punch)*”Nonsense!” – Nigerians criticise Imo poly student who graduated with help of private parts (Vanguard)
Tragedy averted as container falls on Lagos-Ibadan Expressway (Punch) Another tragic incident was averted on Monday night after an articulated truck conveying a 40ft container fell on the Kara bridge end of Lagos-Ibadan Expressway. The truck was said to be…
Nigerians won’t lose old notes after deadline – CBN
The Central Bank of Nigeria (CBN) has bowed to the demand of the House of Representatives for a gradual phase-out of the old naira notes. Its Governor Godwin Emefiele, who appeared before the House of Representatives ad hoc Committee, said…
Finally, CBN Governor Emefiele appears before Reps committee over new Naira notes
The Central Bank Governor, Godwin Emefiele is before the ad-hoc committee of the House of Representatives which is investigating the scarcity of the new naira notes. Emefiele had failed to appear before the lawmakers after initial requests detailing in a…
CBN extends old naira deadline till February 10
The Central Bank of Nigeria has extended the deadline for the swapping of old naira notes with the redesigned ones till February 10, 2023. The CBN stated this in a release on Sunday. The apex bank said it added “a…
Naira Redesign: January 31 deadline for old notes remains – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the Jan. 31 deadline to stop the circulation of old Naira notes remains. Emefiele gave the clarification on Tuesday in Abuja, after the Monetary Policy Committee (MPC)…
Governors seek variations in CBN’s naira redesign policy
Governors of the 36 states of the federation have charged the Central Bank of Nigeria (CBN) to effect changes in its naira redesign policy to address peculiarities in different states. In a communiqué released, yesterday, after an earlier meeting of…
