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Money

CBN Attributes Scarcity Of New Naira Notes To Hoarding  

Hoarding of the new Naira notes is  responsible for its scarcity, the Central Bank of Nigeria (CBN) has said.  The CBN Director, Consumer Protection,...

Money

UBA Issues Update On New Naira Notes

February 6, 2023/UBA Plc In a recent Press Release, the Central Bank of Nigeria (CBN) has shared updated plans to ensure effective distribution...

News

Protest In Ibadan Again Over Scarcity Of Fuel, New Naira Notes

Some concerned Nigerians on Monday took to major roads in Ibadan, Oyo State capital, protesting against the lingering scarcity of fuel and new...

Uncategorized

President Buhari Asks For 7 Days For A Major Decision On Currency Redesign

President Mohammadu Buhari February 4, 2022/State House President Muhammadu Buhari Friday urged citizens to give him seven days to resolve the cash crunch...

Money

CBN, Police, And Other Agencies To Prosecute Sellers, Abusers Of Naira

…Assures That Queues At ATMs Will Disappear Soon  …Directs OTC payment of Redesigned Banknotes by DMBs  February 4, 2023/CBN The Central Bank of...

Money

Avoid Bank Queues, Visit PoS Agents, CBN Advises

Ahead of the January 31, 2023 dateline for the circulation of old N200, N500 and N1,000 notes, the Central Bank of Nigeria, has...

Money

Update On New Naira Notes: CBN Reacts To Complains Of Scarcity

* Olubadan supports CBN, accepts Jan. 31 deadline Some bank customers have decried scarcity of the redesigned N1,000, N500 and N200 notes in...

Money

New Naira Notes In Circulation Huge, Says CBN

The Central Bank of Nigeria has said there is a huge circulation of the new naira notes in the economy. The CBN Lagos...

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