Inauguration: Tinubu promises to revisit CBN’s naira redesign policy
In his inaugural speech in Abuja on Monday, President Bola Ahmed Tinubu announced that his administration would treat both the ...
Tag: naira redesign policy
84.51% of Nigerians affected negatively by naira scarcity – Report
Nigerians said they found transporting and feeding more difficult due to the cash squeeze
36.96% of Nigerian businesses forced to lay off staff due to naira scarcity – SBM
96% had to lay off staff or reduce working hours to weather the cash shortage. About 41.30% did not have ...
CBN denies phasing out New Naira Notes
CBN assures its has been taking delivery of a good quantity of the redesigned banknotes from the Nigeria Security Printing ...
CBN says currency management issues forced introduction of new notes, urges Nigerians to embrace the cashless policy
CBN says it encourages the public to explore other payment channels, such as e-Naira, POS, electronic transfer, internet and mobile ...
CBN’s implementation of naira redesign policy and Judiciary’s meddling in the matter are indicative of Nigeria’s institutional failures – Kingsley Moghalu
Moghalu warned that turning CBN’s mandate into “political football” was and is a big mistake and a strong indicator of ...
Presidency says it never told CBN to defy Supreme Court
Presidency said the policy had the support of Nigerians as they believe that the action would cut corruption, fight terrorism ...
CBN should inform the public that old currency notes remain legal tender until the 31st of December – CPPE
CPPE says CBN should be directed to officially communicate the outcome of the Supreme court judgement to the banks and ...
Supreme Court: CBN’s claim of too much cash outside the banking system has no basis in economic theory- CPPE
CPPE said total money supply in December was N52 trillion, and the cash component of the money supply was N2.6 ...
How Nigerians reacted to Supreme Court’s extension of old naira notes to December 2023
Earlier today, the Supreme Court of Nigeria ruled that the old N200, N500, and N1,000 notes will remain in circulation ...
