
New Naira Notes: Charly Boy Raises Alarm Over Scarcity Charly Boy, the iconic Nigerian musician, has expressed concern about the shortage of the newly redesigned N1000, N500, and N200 notes in the country. The veteran artist, whose real name is Charles Oputa, recently took to his Twitter page to draw attention to the issue, stating
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Amidst Scarcity, CBN Orders Over-the-counter Payment of New Naira Notes The Central Bank of Nigeria has directed commercial banks to begin the payment of the new naira notes to customers over the counter. A statement by the Bank’s Director, Corporate Communications, Osita Nwanisobi said it is part of moves to ameliorate the plight of Nigerians
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CBN Orders Banks to Stop Over-the-Counter Withdrawals of New Naira Notes The Central Bank of Nigeria, CBN, has instructed banks not to allow customers to make over-the-counter withdrawals of new naira notes. Instead, the banks have been directed to use Automated Teller Machines to distribute the new notes across the country before the deadline of
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New Naira Notes Phase Out: Senate Urges CBN to Extend Deadline The Senate has urged the Central Bank of Nigeria to extend its deadline for the phasing out of the old N1,000, N500 and N200 notes from January 31st to June 30th, 2023. The recommendation follows a motion by the senator representing representing Borno South,
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New Naira Notes Have Enhanced Security Features – Experts Economic experts Mr Idakolo Gbolade and Chief Executive Officer, Economic Associates, Mr Ayo Teriba have disclosed that apart from the change in colour of the redesigned N200, N500 and N1000 naira notes, its security features have been enhanced. Gbolade, Teriba made this disclosure to DAILY POST
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