Wednesday, February 8, 2023

CBN

February 6, 2023

Court bars CBN from extending new notes deadline beyond February 10

Some political parties had sought the order from the court, naming president Buhari, CBN, Godwin Emefiele and 27 banks as defendants.

New Naira notes
February 6, 2023

Cashless Economy: Obaseki backs Buhari regime’s policy, says its best

The Edo governor said, “As a government, we do not have a problem with the policy,” and asked that the policy “be encouraged”.

Edo Governor, Godwin Obaseki
February 6, 2023

NBA appeals to Ibadan residents for calm over cash crunch, fuel hike

Empathising with the residents, the NBA noted that the destruction of properties by protesters was uncalled for.

Ibadan residents queue for fuel
February 5, 2023

Abuja entrepreneurs lament low patronage over scarcity of new notes

The traders urged the CBN to intensify efforts to ensure that money circulates to all parts of the country through the PoS.

Traders at Lagos Trade Fair Complex
February 5, 2023

Cash Crunch: Peter Obi begs Nigerians to bear with Buhari regime

The Labour Party candidate threw his weight behind the currency redesign, saying that the exercise has long-term economic benefits.

Peter Obi Credit Lawrence Ewhrudjakpo
February 4, 2023

Northern youth forum knocks Atiku’s comment on new notes deadline 

The forum said the former vice president’s comments were self-serving and a plot to plot against his political rivals.

Arewa Youth Consultative Forum, Atiku Abubakar
February 4, 2023

CBN warns banks in Gombe against sabotaging new notes circulation 

The CBN on Saturday met with officials of banks in Gombe as a measure against violation of its guidelines.

CBN Godwin Emefiele (credit: Bloomberg)
February 3, 2023

IGP Baba orders nationwide arrest of naira sellers

The police chief vowed arrest and prosecution of anyone caught selling the naira to Nigerians.

Usman Baba IGP
February 3, 2023

Cash squeeze could cripple local sales, manufacturing, MAN warns

Mr Ajayi-Kadir cautioned that adequate measures should be put in place to ensure a smooth currency transition, particularly in the unbanked areas of Nigeria.

MAN/People at ATM
February 1, 2023

Buhari regime files fresh evidence against lawyers accused of impersonating CBN, Unity Bank

They are Maxwell Opara, Gold Nwankwo and Jubilate Obasikene, who are all practising in the law firm of Maxwell Opara and Associates.

FCT High Court