The Central Bank of Nigeria (CBN) has said that it followed due process in the policy to redesign some Naira notes. This is in apparent response to Friday’s comment by the Minister of Finance, Budget and National Planning, Dr Zainab Ahmad that her ministry was not aware of the policy. The CBN said the policy is indeed 12 years due. CBN’s …

The Conference of Nigeria Political Parties (CNPP) has commended the Central Bank of Nigeria (CBN) over its move to redesign the N200, N500 and N1, 000 banknotes. In a statement in Abuja on Thursday by its Secretary General, Chief Willy Ezugwu, CNPP said: “Only politicians who intended to buy votes” and other equally ill-motivated elements would criticise CBN’s action. The …