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3 New Articles
  • 2 hours ago 12 June wounds and Nigeria’s search for closure
  • 3 hours ago World Bank earmarks $40m loan to protect poor Nigerians
  • 4 hours ago Reps summon Edun, Cardoso over Fiscal Act breach
Home Tag Archives: Naira note redesign

Tag Archives: Naira note redesign

Banking & Finance

CBN says old, new bank notes remain legal tender

By Breezynews
8 November 2023
in :  Banking & Finance
0
69

The Central Bank of Nigeria (CBN) has instructed all its branches nationwide to continue issuing various denominations of both old and redesigned banknotes in ample quantities to deposit money banks. The apex bank disclosed this in a statement signed by its Director, Corporate Communications, Mr. Isa AbdulMumin, and posted on its X handle on Wednesday. This comes in response to …

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Opinion

CBN’s currency redesign policy: Many questions than answers

By Raymond Okafor
9 February 2023
in :  Opinion
0
107

We have the Governments of Zamfara, Kogi, Kaduna States and the Supreme Court to thank for arresting the drift to anarchy in our country as a result of the poorly implemented and ill-timed new Naira and cashless policies of the Central Bank pf Nigeria (CBN) that have grounded socio-economic activities in the country. While the interim injunction of the Supreme …

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