The nation’s economy had been described to be deteriorating and unproductive as it lost N20 trillion to the current naira scarcity situation, the latest report from...
As the scarcity of new naira notes bites harder in Nigeria, more Deposit Money Banks (DMBs) have reportedly issued old N500 and N1000 notes to their...
Following the Supreme Court judgement, some commercial banks including Access Bank and GTB have started paying out old N500 and N1,000 notes to customers. Bank customers...
In a landmark judgement delivered on Friday, the Supreme Court has ruled that the old N200, N500, and N1,000 notes should continue to circulate until December...
The Central Bank of Nigeria’s (CBN) cashless policy, which aims to reduce the amount of cash in circulation, has faced challenges due to unreliable digital banking...
Various stakeholders in the Nigerian economy have lamented over the debilitating impact the Naira Redesign Policy of the Central Bank of Nigeria (CBN) has been having...
Kaduna State Governor Nasir el-Rufai has accused the Central Bank of Nigeria (CBN) of withdrawing N2 trillion from circulation and replacing it with only N400 billion,...
Once again, protests have erupted in Nigeria over the lingering scarcity of the Naira, the country’s official currency. This time, videos circulating on social media show...
Residents of Kaduna State, Nigeria, are turning to petrol filling stations for help in their desperate search for cash to meet their urgent needs, according to...
Nigerians are currently in a state of confusion over where to deposit their old N1000 and N500 notes. This development comes after conflicting announcements from Deposit...