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Tag: New Naira Notes

CBN cracks down on hawking...

CBN cracks down on hawking new naira...

Supreme Court permits indefinite co-circulation...

Supreme Court permits indefinite co-circulation of old,...

CBN cracks down on hawking new naira notes to combat illicit cash flow

CBN cracks down on hawking new naira notes to combat illicit cash flow In response to growing concerns over the illegal trading of new naira notes, the Central Bank of Nigeria (CBN) is implementing strict measures to safeguard the integrity of the currency and prevent illicit cash flows. As part of this effort, the bank announced a significant fine of N150 million for Deposit Money Banks (DMBs) found to be facilitating such activities. A formal circular issued on Friday, December 13, 2024, signed by Mohammed Olayemi, the Acting Director of the Currency...
Jane AISO -
News

CBN cracks down...

CBN cracks down on hawking new naira notes to combat illicit cash flow In response to growing concerns over the illegal trading of new naira...
Jane AISO -
News

Supreme Court permits...

Supreme Court permits indefinite co-circulation of old, new Naira notes The Supreme Court, on Wednesday, ruled that both old and new Naira notes will continue...
Jane AISO -
Local

Again, El-Rufai dares...

Again, El-Rufai dares Buhari, orders MDAs to make transactions in old naira notes  In a move to assert authority, Kaduna State Governor, Nasir El-Rufai, has...
Kenneth Afor -
Local

Supreme Court adjourns...

Supreme Court adjourns new naira case to Feb 22 The Supreme Court of Nigeria has adjourned the case on the naira swap policy of the...
Aisha Auyo -
News

Naira Deadline: Ondo,...

Naira Deadline: Ondo, Kano governments drag FG, CBN to Supreme Court The governments of Kano and Ondo States have joined that of Kogi, Kaduna, and...
Jane AISO -
Development

Celebrating Jaiz Bank...

Celebrating Jaiz Bank for upholding moral ethics amidst new notes scarcity Meet Dr Sirajo Salisu PhD. The new MD of Jaiz Bank Plc. Unlike many...
Aisha Auyo -
News

New naira notes...

New naira notes scarcity threat to national peace - Kachikwu The African Democratic Congress (ADC) Presidential candidate, Mr Dumebi Kachikwu, said the insufficient circulation of...
Jane AISO -
News

Kaduna, Kogi, Zamfara...

Kaduna, Kogi, Zamfara govts drag FG, CBN to court over new naira Concerned about the effects the Central Bank of Nigeria's (CBN)'s naira redesign policy...
Jane AISO -
EFCC

EFCC nabs influencer...

EFCC nabs influencer for spraying and stepping on new Naira notes Operatives of The Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC,...
Aisha Auyo -
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