Image Credit: UBA Plc February 6, 2023/UBA Plc In a recent Press Release, the Central Bank of Nigeria (CBN) has shared updated plans to ensure effective distribution of the new Naira notes. Please see below key highlights you need to know: New Notes will now be paid over the counter […]
Money Market
CBN, Police, and Other Agencies To Prosecute Sellers, Abusers of Naira
…Assures That Queues At ATMs Will Disappear Soon …Directs OTC payment of Redesigned Banknotes by DMBs February 2, 2023/CBN The Central Bank of Nigeria (CBN) has observed, with grave concern, the activities of persons who sell the newly redesigned banknotes and those who flagrantly abuse the legal tender by hurling […]
President Buhari Asks for 7 Days for a Major Decision on Currency Redesign
February 3, 2022/State House President Muhammadu Buhari Friday urged citizens to give him seven days to resolve the cash crunch that has become a problem across the country from the policy of the Central Bank of Nigeria to change high value Naira notes with new ones. President Buhari said the […]
