Currencies

The success of the RT200  scheme had created a formidable premise to make all export products eligible for this rebate

Ummar Farouq regarded the act as disrespectful, especially for a corporation that generates revenue in the country

80% of the currency in circulation is outside the vaults of the commercial banks

The CBN launched a countdown clock showing when the old naira notes would stop being legal tender

A total of N2.7 trillion is currently outside the banking system 

President Buhari launched the newly redesigned notes at the State House, Abuja

However, he reiterated that the current currency would remain legal tender alongside the new Notes until January 31, 2023.

Emefiele suggested that Nigerians should start carrying N50 around and use electronic banking for large transactions

The governor of Nigeria's central bank, Godwin Emefiele has announced that President Buhari will launch the new naira notes on...

In October, the apex bank announced that it would redesign the N200, N500, and N1,000 notes.