THE Supreme Court has halted move by the Central Bank of Nigeria to stop the use of old N1000, N500 and N200, by February 10, 2023. The court restrained the Federal Government…
Tag: CBN
Why CBN may fine banks hoarding new notes
The Central Bank of Nigeria may fine banks hoarding new notes a sum of N5m and members of the public selling the new notes N50,000. This was based on…
CBN limits withdrawal from banks to N20,000, as POS charge now N1,000
Voice Air Media News Update Banks in Ilorin, Kwara State capital, have pegged cash withdrawals across the counter at N20,000 for lucky customers. VOICE AIR MEDIA reports, however, that the frustration of…
Three State Govts drag FG, CBN to court over naira notes
Voice Air Media News Update Concerned about the effects the Central Bank of Nigeria’s (CBN) naira redesign policy is having on the citizens of their states, the governments of Kaduna, Kogi, and…
JUST IN: CBN gives fresh directive to commercial banks over new naira notes
VOICE AIR MEDIA News Update In a bid to ameliorate the plight of Nigerians who are finding it hard to get the redesigned currency, the Central Bank of Nigeria (CBN) has directed…
People hoard N2.7trn in their homes before redesign of new naira notes – CBN Boss
VOICE AIR MEDIA News Update Governor of the Central Bank of Nigeria, Godwin Emefiele on Sunday, revealed that part of the reasons the Federal Government decided on the redesign of currency denominations…
BREAKING: CBN Extends Old Naira Use Deadline (Details)
VOICE AIR MEDIA News Update THE Central Bank of Nigeria has finally extended the deadline for the exchange of old naira notes by 10 days. In a press statement issued on Sunday,…
BREAKING: Dollar Charges On Domestic Transactions Banned
The News You Need THE Central Bank of Nigeria (CBN) has launched the Nigerian National Domestic Card Scheme, Afrigo. Launching the card virtually, this morning, the Governor of the Central Bank of…
Jubilation As Senate Issues CBN New Date On The Deadline For Use Of Old Naira Notes
The Senate on Tuesday January 24, 2023 appealed to the Central Bank of Nigeria (CBN) to extend the deadline for the exchange of old naira notes from the January 31 deadline to…
Breaking: CBN Speaks On Extension For Use, Deposit Of Old Naira Notes
VOICE AIR MEDIA NEWS UPDATE THE Central Bank of Nigeria has insisted that there is no going back on the January 31 deadline for the old 200, 500 and 1,000 naira notes,…