A video making the rounds on social media has captured the moment a thrift seller found 1000 won inside a dress. Netizens ...
During the administration of ex-CBN governor, Godwin Emefiele’s Naira redesign policy, the Supreme Court had ruled that the old Naira notes can co-exist with the new notes.
Sixteen Nigerian states had challenged the redesign of the 200, 500, and 1,000 naira notes, saying that the deadline was too tight. The central bank said that the redesign would help bring down ...
The Central Bank of Nigeria has denied plans to declare old naira notes illegal ... the concurrent circulation of all versions of the ₦1000, ₦500, and ₦200 denominations of the Naira ...
It reached last night to rumours making the rounds that the old notes would crime ... of all versions of the ₦1000, ₦500, and ₦200 denominations of the Naira indefinitely.
The CBN said it redesigned the higher denomination notes - 200, 500 and 1,000 naira - to replace the dirty cash in circulation, tackle inflation, curb counterfeiting and promote a cashless society.
The naira appreciated against the dollar at both official and black markets on Tuesday to end 2024 on a positive note. FMDQ data showed that the naira strengthened slightly to N1538.25 per dollar ...
Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has vowed to tackle the commoditisation ( buying and selling) of Naira notes, which has become widespread in the country.