Naira Redesign

  It is unfortunate that a good policy (or perhaps twin policies of naira redesign and demonetisation) has been poorly implemented, in terms of the timing of its announcement, the abruptness of the announcement and the secrecy preceding it (as...

February 23, (THEWILL) - Attorney General of the Federation and Minister of Justice, Abubakar Malami, on Thursday, said the fate of individuals including state governors being investigated for alleged treasonable utterances over the naira redesign will be determined by...

February 22, (THEWILL) - It is unfortunate that a good policy (or perhaps twin policies of naira redesign and demonetisation), has been poorly implemented in terms of the timing of its announcement, the abruptness of the announcement and the...

February 20, (THEWILL) - On Monday, irate youths protesting scarcity of naira notes and petrol attacked banks in the Sagamu area of Ogun State. Speaking on the development, a youth leader in the town, Kayode Segun-Okeowo, described the attack...

Kaduna State Governor, Nasir Elrufai, has directed ministries, departments, and agencies to accept payments in old and new currencies in line with the Supreme Court's recent judgement. The Governor, in a statement issued on Sunday, by his Special Adviser on...

As the controversy surrounding the naira redesign and the strict implementation of the new cashless policy of the present administration continues to cause anxiety and the February 25, 2023 date for the beginning of the general elections draws near,...

February 18, (THEWILL) - The Chartered Institute of Bankers of Nigeria (CIBN) said it was liaising with the Body of Banks CEOs to address the current challenges caused by the cash swap and scarcity of the redesigned banknotes. A...

February 17, (THEWILL) - Former President Olusegun Obasanjo has commended President Muhammadu Buhari, over the naira redesign policy. Special Adviser to the President on Media and Publicity, Femi Adesina, disclosed the development in a statement. He said the former President...

February 16, (THEWILL) - President Muhamamdu Buhari on Thursday, urged Nigerians to support the new monetary policy of the Central Bank of Nigeria (CBN). In a nationwide broadcast to citizens on Thursday, the President said the new cash policy and...

February 15, (THEWILL) - Justice Chukwujekwu Anneke of the Federal High Court in Lagos, has admitted Nollywood actress, Oluwadarasimi Omoseyin, to N5 million bail over the alleged abuse of the redesigned naira notes. The Economic and Financial Crimes Commission (EFCC),...