February 17, (THEWILL) - The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arrested an accountant of Oando Filling Station, Dutse Alhaji, in Abuja, over alleged racketeering of the new Naira notes.
This latest arrest followed the continued...
February 17, (THEWILL) - The Central Bank of Nigeria (CBN) has refuted media reports that it had authorised the Deposit Money Banks (DMBs) to collect the old N500 and N1,000 banknotes from customers and members of the public.
CBN Director,...
February 17, (THEWILL) - A pro-democracy outfit, Movement for a Better Lagos, has thrown its weight behind Lagos State Governor, Babajide Olusola Sanwo-Olu, over his appeal to people of the State to keep calm in the face of the...
February 16, (THEWILL) - The Central Bank of Nigeria (CBN) has created a portal for bank customers to deposit their old naira notes amid scarcity of new naira notes.
In a notice posted on its website titled ‘Redemption of Currency’,...
February 16, (THEWILL) - President Muhammadu Buhari on Thursday, said the naira swap and cashless policy of the Central Bank of Nigeria (CBN), have short and long-term benefits for the country in dealing with insecurity and corruption.
The President’s remarks...
February 16, (THEWILL) - The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has met with 15 heads of commercial banks to ease the ongoing cash crunch in the country.
THEWILL reports that President Muhammadu Buhari, on Thursday,...
February 16, (THEWILL) - President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to allow only the old N200 remain legal tender until April 10, 2023, in order to improve currency circulation in the country.
The President,...
February 15, (THEWILL) - At least two persons are feared dead following protests that rocked Benin City, the Edo State capital, on Wednesday.
The protests erupted as the cash crunch occasioned by the new cash policy of the Central Bank...
February 15, (THEWILL) - The Supreme Court of Nigeria, on Wednesday, adjourned till February 22, hearing in the consolidated suit against the February 10, deadline of the old N200, N500 and N1000 to seize as legal tender ...
February 14, (THEWILL) - The Central Bank of Nigeria (CBN) has released telephone numbers through which members of the public could report errant PoS agents exploiting the public by selling new naira notes, or charging above N200 naira for...