Tag Archives: New Naira Note

BREAKING: Deposit of Old Naira Notes to Continue After Deadline — Emefiele

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele says commercial banks will continue to accept old Naira notes of N200, N500 and N1,000 after the stipulated February 10 deadline. Emefiele spoke when he appeared at an interactive session with the house of representatives ad hoc committee …

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Bank officials implicated as DSS arrests syndicates selling new naira notes

The Department of State Services (DSS) says its officers have arrested some persons allegedly involved in the sale of the new redesigned naira notes. This is contained in a statement issued by Dr Peter Afunanya, the Public Relations Officer of the DSS on Monday in Abuja. The DSS in the …

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Reps Committee rejects 10-day extension deadline for old naira notes

The Ad hoc Committee of the House of Representatives looking into the recall of old Naira notes has rejected the 10-day extension granted by the Central Bank of Nigeria (CBN). The Governor of the CBN, Godwin Emefiele, earlier announced the extension of the deadline till 10 February from the initial …

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CBN Deadline: Churches, Schools ban Old Naira Note Payment, Offering

Ahead of the January 31 deadline set by the Central Bank of Nigeria for the phasing out of the old N1,000, N500 and N200 notes, some mega-churches, schools and retailers have set time limits for the collection of the old currencies. This came as the lingering shortage of old naira …

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NEW NAIRA NOTES: NLC urges CBN to Revisit Policy, Extend Deadline

The Nigeria Labour Congress (NLC) has urged the Central Bank of Nigeria (CBN) to extend its January 31 deadline to phase out old notes in circulation in the country. The NLC President, Ayuba Wabba said this when speaking with newsmen on Thursday in Abuja on his achievements and challenges as …

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