NAIRA SWAP: Latest CBN And FG News Update On Naira Notes As At Feb.25th, 2023
NAIRA SCARCITY: Latest CBN And FG News Update On Naira Notes As At Feb.25th, 2023 As NIGERIANS go into Presidential and NASS poll tomorrow Saturday 25th February, 2023, there are controversy associated with the new naira notes rages on, EGALITARIAN VOICE News brings you the latest update on the controversial policy of the Central […]
FAKE NEWS: No Plan to Shut Down Banking System for Elections – CBN
The Central Bank of Nigeria (CBN) has debunked rumours of its plans to shut down banking services. A viral broadcast message on WhatsApp claimed that the apex bank would shut down all electronic banking networks between Thursday and Monday in order to prevent vote buying in the forthcoming general election. PLEASE BE WARY OF FAKE […]
CBN Denies Extension Of Old Naira Notes Shared By Aisha Buhari
THE Central Bank of Nigeria (CBN) has debunked a purported it issued shared on the Instagram page of First Lady, Aisha Buhari. The release shared on Aisha’s page on Tuesday announced the old N500 and N1000 notes remain legal tender for the next 70 days till May 1, 2023. Refuting it, the CBN dismissed the […]
NAIRA REDESIGN: 4 Ways To Survive Cash Scarcity
Nigerians have been going through hell to transact and fulfill daily obligations since the implementation of the cash swap policy of the Central Bank of Nigeria(CBN) on February 10. Here are four ways to survive the cash scarcity: Buy in bulk: When the opportunity arises, buy things in bulk, things that will not require you […]
State Governor Vows to Destroy Banks Refusing Old Naira Notes
State Governor Vows to Destroy Banks Refusing Old Naira Notes Kano State Governor, Abdullahi Umar Ganduje, has issued a stern warning to commercial banks operating in the state, threatening to destroy any bank that refuses to accept the old N500 and N1,000 notes. The governor gave the word of caution on Friday during his inspection […]
At Last, CBN Order Banks To Starts Collecting Old N500, N1000 Notes
The Central Bank of Nigeria has ordered banks to start collecting the old N500 and N1,000 notes from the public with immediate effect.It, however, pegged the maximum amount the banks can collect at N500,000. The CBN maintained that the old currencies were no more legal tender.A source from the bank said the CBN ordered the […]
Fresh Protests Break Out In Ibadan, Lagos Over Naira Notes Scarcity
NAIRA SCARCITY -There are reported riots in some parts of Lagos and Oyo States on Friday morning, with reports that an unspecified number of casualties are already recorded, as the police say they are bringing the situation under control. This is coming after APC presidential candidate Bola Tinubu and some state governors’ opposition to President […]
PHOTOS: Again, Protest Rocks Ibadan Over Naira, Fuel Scarcity
As a result of the scarcity of new naira notes and fuel across the country, some residents across various areas within the Ibadan metropolis in the early hours of Wednesday, have trooped into the major roads blocking the free flow of vehicular movement while some are moving around the major roads. Some of the affected […]
APC Govs. Make Fresh Request From Buhari Over New Naira Swap
Governors elected on the platform of the All Progressive Congress (APC) have appealed to President Muhammadu Buhari to allow the old and new naira notes co-exist to ease the suffering of Nigerians. Kaduna Governor Nasir El-Rufai, who spoke to some journalists in Hausa language on Friday, said that while the Central Bank of Nigeria (CBN) […]
Why CBN Shouldn’t Extend Naira Swap Deadline – Atiku
The Peoples Democratic Party presidential candidate, Atiku Abubakar, on Wednesday, asked the Central Bank of Nigeria not to grant a further extension after February 10 deadline for naira swap. This, he said, had become imperative to ensure the purpose and objective of initiating the redesigning of the currency are not destroyed. In a statement released […]