Tag: Naira crisis
Traders in FCT commend CBN over availability of cash
ABUJA- Some traders in the Federal Capital Territory (FCT) have expressed delight over improvement in the availability of naira notes to citizens.
The News Agency...
Banks comply with CBN’s directive to work weekends, customers throng premises
ABUJA- Banks in satellite towns of the Federal Capital Territory (FCT), on Saturday opened for business as directed by the Central Bank of Nigeria...
CBN releases naira notes, tell banks to open Saturdays and Sundays
ABUJA - The Central Bank of Nigeria (CBN) has confirmed the evacuation of naira notes from its vaults to commercial banks across the country...
Gov. Diri urges FG, CBN to obey Supreme Court ruling on...
YENAGOA- Gov. Douye Diri of Bayalsa, has urged the Federal Government and the Central Bank of Nigeria (CBN) to obey the Supreme Court ruling...
CBN issues operational guidelines on open banking
ABUJA- The CBN issued operational guidelines for open banking in Nigeria on Wednesday.
The News Agency of Nigeria (NAN) reports that the guidelines establish principles...
Only N200 old notes to be reissued, circulated – CBN
By LYDIA NGWAKWE
LAGOS- The Central Bank of Nigeria (CBN) says only N200 old notes are to be reissued and circulated concurrently with the new...
Naira Crisis: Ganduje begins distribution of palliatives
By AMINU GARKO
KANO- Gov. Abdullahi Ganduje of Kano State on Monday began distribution of palliatives to residents of the state to douse the effects...
Cash squeeze: Kaduna residents turn to Petrol Stations for salvation
By AISHA GAMBO
KADUNA- Kaduna residents have turned to petrol filling stations for salvation in their desperate search for cash to satisfy their pressing needs,...
Violence not solution to Naira shortage difficulty – Sanwo-Olu
By FLORENCE ONUEGBU
LAGOS- Gov. Babajide Sanwo-Olu of Lagos State on Saturday appealed to residents to remain calm, even in the face of the...
No need for violence over cash crunch – Lagos Govt.
By FLORENCE ONUEGBU
IKEJA- Lagos State government on Friday says there is no need for violence over naira redesign as the Supreme Court is...
Bankers association directs members to stay off work to stave further...
By ESENVOSA IZAH
LAGOS- The Association of Senior Staff of Banks, Insurance, and Financial Institutions (ASSBIFI) on Friday directed its members in states where banks were...
Hoodlums responsible for Mile-12 disturbance -LSPMA Official
By MOSES OMOROGIEVA
LAGOS- The Lagos State Park Management Agency (LSPMA) Mile-12 Branch, on Friday denied that its officials were involved in the early Friday...
Full Text: Continue using your old notes, El-Rufai tells Kaduna people
By REPORTERS
My dear people of Kaduna State,1. With just about 100 days before leaving office, and elections just round the corner, it was my...
Banks shut down in Benin over attacks
By JOY ODIGIE
BENIN- Banks in Benin, the Edo capital on Thursday, halted their services to customers over the destruction of some of their...
Mixed reactions trail Buhari’s approval for use of old N200 notes
By MUHAMMAD NUR TIJANI
KANO- Some residents of Kano metropolis on Thursday differed in their reactions to President Muhammadu Buhari’s approval for the continued...
Cash crunch: Obaseki directs provision of free bus services
By NEFISHETU YAKUBU
BENIN- Gov. Godwin Obaseki of Edo, on Thursday directed all Edo City Transport Service (ECTS) buses to from Thursday provide free...
Naira scarcity protests: Okowa appeals for calm
By IFEANYI OLANNYE
ASABA- Gov. Ifeanyi Okowa of Delta has appealed to Nigerians to remain calm, amidst scarcity of the new naira notes.
Okowa, the Vice-Presidential...
Protests rock Ibadan over naira, fuel scarcity
By WALE SADEEQ
IBADAN- Protesters, in their thousands, on Wednesday, blocked major roads within Ibadan metropolis over the scarcity of fuel, new naira notes and...
Protesters shut Lagos-Abeokuta Expressway over inability to withdraw money from banks
By IGE ADEKUNLE
OGUN- Protesters shut the Lagos-Abeokuta Expressway at Sango-Ota on Tuesday over their inability to withdraw money from Automated Teller Machines (ATMs).
They...
Naira, fuel scarcity’ll not affect APC victory – Group
By FEMI OGUNSHOLA
ABUJA- LikeMinds Initiative for Tinubu (LMI-T) says scarcity of naira notes and fuel in Nigeria will not affect the chances of Asiwaju...