Naira Redesign

ICPC Discovers N258m New Notes Stashed In Abuja Bank’s Vault

February 08, (THEWILL) - The Independent Corrupt Practices and Other Related Offences Commission (ICPC), has discovered a total N258 million stashed in the vault at the head office of Sterling Bank in Abuja. A statement issued on Tuesday, by...

FG Blames Opposition For Politicising Naira Redesign Policy

February 07, (THEWILL) - The Federal Government has berated the opposition parties for turning the Central Bank's naira redesign policy into politics. Minister of Information and Culture, Lai Mohammed, gave the condemnation on Monday, in Abuja, at the PMB Scorecard...

Court Bars CBN, Buhari From Extending Deadline For Old Naira Notes

February 06, (THEWILL) - A Federal Capital Territory High Court presided over by Justice Eleojo Enenche, has barred the Central Bank of Nigeria (CBN) and President Muhammadu Buhari from extending the February 10 deadline to phase out the old...

Naira Redesign: CUPP Backs CBN, Threatens To Boycott Polls Over Plan To Extend Deadline

February 06, (THEWILL) - The Conference of Nigerian Political Parties (CUPP) has expressed support for the February 10 deadline by the Central Bank of Nigeria (CBN), to phase out the old N1000, N500 and N200 notes. CUPP is an association...

Kaduna, Kogi, Zamfara Drag FG To Supreme Court Over Naira Redesign Policy

February 06, (THEWILL) - The Kaduna State Government along with Kogi and Zamfara States have asked the Supreme Court to restrain the Federal Government and the Central Bank Nigeria (CBN) from implementing the February 10 deadline for the use...

THEWILL EDITORIAL: Naira Re-Design Fallout And Matters Arising

The accelerated drive for a cashless economy emanating from the Naira re-design policy announced by the Central Bank of Nigeria (CBN) on October 26, 2022 appears to have run into murky waters. The socio-economic crisis being experienced in...

Naira Redesign: Buhari Requests Seven Days To Resolve Cash Crunch

President Muhammadu Buhari, on Friday, urged Nigerians to give him a seven-day window to resolve the currency crunch that has emanated from the implementation of the Central Bank policy to change high-value Naira notes with newly designed ones. A statement...

Makinde Suspends Campaign Activities

February 03, (THEWILL) - Oyo State Governor, Seyi Makinde, has suspended his campaign activities following a protest over petrol scarcity and the ongoing naira crunch. THEWILL reports that youths in their hundred on Friday, took to some major...

UPDATED: Naira Redesign: Buhari Requests Seven Days To Resolve Cash Crunch 

February 03, (THEWILL)  - President Muhammadu Buhari, on Friday, urged citizens to give him a seven-day window to resolve the currency crunch that has emanated from the implementation of the Central Bank policy to change high-value Naira notes with...

Atiku Backs CBN Cashless Policy, Naira Redesign, Cautions Against Further Extension Of Deadline For Old Naira Notes

February 02, (THEWILL) - Presidential Candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, has expressed support for the cashless policy of the Central Bank of Nigeria (CBN) and the redesign of the N1,000, N500 and...
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Niger Mass Abduction: Tinubu Orders Joint Military, Police Manhunt

The President's directive came after gunmen reportedly invaded several communities in the remote Borgu area of the state on Friday, August 21, killing residents, attacking worshippers and taking an unspecified number of people into nearby forests.
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