Naira Swap

Confusion, Anxiety Over Old Naira Notes Rejection In Owerri Despite Supreme Court Order

February 12, (THEWILL) - There is a palpable confusion and anxiety in Owerri, Imo State capital, as many residents in the metropolis have refused to collect old Naira notes from their customers, despite the Supreme Court order. THEWILL gathered that...

Niger Sues FG, Seeks Extension Of Deadline For Old Naira Notes

February 12, (THEWILL) - The Niger State Government has filed a suit against the Federal Government over the naira redesign policy of the Central Bank of Nigeria (CBN). The Government, in a statement by its Attorney General and Commissioner for...

CBN Debunks False Claims About Capacity Of NSPMC, Alleged Threats To Close Some Deposit Money Banks

February 11, (THEWILL) - The Central Bank of Nigeria (CBN) has debunked a misleading report misquoting the Governor, Godwin Emefiele, as attributing the current challenge in the distribution of the newly redesigned naira banknotes to a shortage of printing...

Direct FG To Recall Redesigned Naira Notes – Kano Govt Tells Supreme Court

February 10, (THEWILL) - The Kano State Government has filed a suit before the Supreme Court against the Federal Government of Nigeria, in respect of the Naira redesign policy of the Central Bank of Nigeria (CBN). In a suit numbered...

FG To Comply With Supreme Court Ruling Stopping Deadline For Old Naira Notes – AGF

February 09, (THEWILL) - The Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), has said the federal government will comply with the Supreme Court order restraining it and the Central Bank of Nigeria (CBN), from implementing...

Naira Swap: Anti-democratic Elements Regrouping To Undermine Democracy – Ganduje

February 07, (THEWILL) - Kano State Governor, Abdullahi Umar Ganduje, has alleged that anti-democratic forces, who worked against the success of the June 12, 1993, presidential election are reuniting and planning to use the naira redesign policy of...

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...

ICPC Arrests Serial Entrepreneur For Selling New Naira Notes

February 02, (THEWILL) - The Independent Corrupt Practices and Other Related Offences Commission (ICPC), has arrested a woman, Omoseyin Oluwadarasimi Esther, with the Twitter handle, Simisola of Lala, for offering new naira notes for sale on social media. The development...

Naira Swap: Emefiele Appears Before Reps’ Committee

January 31, (THEWILL) - Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Tuesday, appeared before the ad hoc committee of the House of Representatives on the cashless policy and deadline for the replacement of old...
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Over 10,000 Nigerians Killed, Hundreds Of Villages Sacked By Gunmen Under Tinubu – Amnesty

Amnesty International says at least 10,217 people were killed in attacks by gunmen across seven states during the...
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