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Business operators in the Federal Capital Territory (FCT) Abuja say they are anxious to hear from President Muhammadu Buhari and/or the Central Bank over validity of old Naira notes. The business operators werecreacting to the Supreme Court ruling that the old N500
Some economists have urged the CBN to comply with the Supreme Court’s ruling, making the old Naira notes to remain as legal tender till Dec. 31. The experts made the urge in separate interviews with the NTV Africa on Friday in Lagos,
Business owners in Jos have decried poor patronage occasioned by the directive of the Central Bank of Nigeria (CBN) to stop old N200 naira notes from circulation on April 10 in addition to the withdrawal from circulation of the old N500 and
President Muhammadu Buhari says the support his government has received from the private sector in addressing social ills is enough to make him the ”envy of many presidents of the world”. The president stated this on Wednesday in Abuja while inaugurating and
Three financial associations have assured that the Central Bank of Nigeria (CBN) and commercial banks would do everything possible to ensure availability of the Naira to the general public. The associations are Chief Security Officers in Banks (CSOs), Committee of Heads of
Presidency says there is no truth to the claim that President Muhammadu Buhari is working towards an interim government or the truncation of democracy, saying elections will hold as scheduled. A statement by Malam Garba Shehu, the President’s spokesman on Friday in
The Central Bank of Nigeria (CBN), has described as false, news going round that it authorised Deposit Money Banks (DMBs) to accept the old N500 and N1,000 bank notes. NTV Africa reports that the news that the apex bank authorised DMBs to
President Muhammadu Buhari says the cashless policy and Naira swap by the Central Bank have short and long term benefits for the country in dealing with insecurity and corruption. The President’s spokesman, Malam Garba Shehu, in a statement, said Buhari stated this
The Speaker of the House of Representatives, Rep. Femi Gbajabiamila, has faulted the Central Bank of Nigeria (CBN) for going ahead to implement the currency swap policy in spite of the Supreme Court order. Gbajabiamila said this in a statement he personally
The North-South Progressives Alliance, has called on Mr Godwin Emefiele, Central Bank of Nigeria (CBN) Governor to review the Naira re-design and cashless policy in the interest of Nigerians. Mr Ayobami Oyalowo, Co-Convener, North-South Progressives Alliance, a support group of All Progressives