Tag: Naira Note

CBN Attributes Scarcity Of New Naira Notes To Hoarding  
February 10, 2023 No Responses

CBN Attributes Scarcity Of New Naira Notes To Hoarding  

Hoarding of the new Naira notes is  responsible for its scarcity, the Central Bank of Nigeria (CBN) has said.  The CBN Director, Consumer Protection, Mrs Rashidat Mongunu, said this on Thursday while monitoring microfinance banks in Offa, Offa Local Government Area...
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Reps Minority Caucus Lauds CBN For Extending Deadline On Old Notes 
January 30, 2023 No Responses

Reps Minority Caucus Lauds CBN For Extending Deadline On Old Notes 

The House of Representatives Minority Caucus has commended the Central Bank of Nigeria (CBN) for extending the deadline for swapping of the old naira notes.A statement issued by Rep. Ndudi Elumelu (PDP-Delta), the House Minority Leader on Sunday described the....
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CBN To Banks: Collect Redesigned Notes Or Face Sanction 
January 19, 2023 No Responses

CBN To Banks: Collect Redesigned Notes Or Face Sanction 

The Central Bank Governor, Godwin Emefiele, has called on commercial banks to approach the apex bank branches across the country to pick up the new naira notes.  Emefiele made the call when the apex bank took its sensitisation tour on...
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State Governors Invite Emiefele For Meeting Over New Naira Notes 
January 18, 2023 No Responses

State Governors Invite Emiefele For Meeting Over New Naira Notes 

The 36 state governors have invited the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emiefele, for a virtual meeting on Thursday over issues related to the new naira notes introduced by the apex bank.  The Head, Media...
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CBN Sensitises Marketers, Guarantees Availability Of New Notes
January 11, 2023 No Responses

CBN Sensitises Marketers, Guarantees Availability Of New Notes

The Central Bank of Nigeria (CBN) has assured marketers and traders that it has made the redesigned naira notes (1000, 500, 200) available for them via Automated Teller Machines (ATMs). The Branch Controller, CBN, Lagos State, Mr Koyor Baribokola, gave...
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