Thursday, October 1, 2026

Central Bank of Nigeria

February 17, 2023

Ganduje vows to ‘destroy’ banks in Kano refusing old N500, N1,000 notes

The Kano governor vowed to forcefully “convert the space of the destroyed banks into schools that will provide quality education for our children.”

Abdullahi Ganduje
February 17, 2023

Banks begin collecting old N500, N1,000 notes; CBN to receive cash above N500,000

On Friday, the CBN directed the banks to resume over the counter collection of the earlier outlawed banknotes.

Old Naira Notes
February 16, 2023
Muhammadu Buhari and Nasir El-Rufai
February 16, 2023

Emefiele asks banks to disburse N200 notes to customers

Mr Emefiele said he met with about 15 commercial banks and directed them to ensure that the old N200 note remained a legal tender from now till April 10.

Old N200 notes
February 16, 2023

I feel your pains, Nigerians, over naira scarcity: Buhari

”I am deeply pained and sincerely sympathise with you all over these unintended outcomes.”

President Muhammadu Buhari
February 16, 2023

Buhari orders CBN to make only old N200 note legal tender

Mr Buhari directed the CBN governor, Godwin Emefiele, to release more of the old N200 banknotes and the new N200 notes to the public.

President Muhammadu Buhari and CBN governor, Godwin Emefiele
February 16, 2023

Buhari plans 7:00 a.m. broadcast over currency crisis tormenting Nigerians

The broadcast is expected to centre on the raging naira crisis that has been making life difficult for citizens who are unable to access the cash needed for everyday transactions.

President Muhammadu Buhari
February 15, 2023

Recoloured Naira: Supreme Court adjourns hearing on CBN deadline

The states sought a restraining order to stop the full implementation of the naira redesign policy of the Central Bank of Nigeria (CBN).

The Supreme Court of Nigeria
February 15, 2023

Ignoring Supreme Court, CBN governor Emefiele says old naira notes illegal tender

Mr Emefiele, in defiance of the Supreme Court, insisted “there is no need to consider any shift from the deadline of February 10.”

EMEFIELE, SUPREME COURT
February 15, 2023

Buhari, CBN will decide whether to obey Supreme Court order today: Presidency

“The position of the government and the CBN will be made known upon the determination of the suit coming up tomorrow (today),” said the Presidency.

Buhari and Osinbajo laughing used to illustrate the story