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Naira Scarcity

Challenges Await Folashodun Shonubi as CBN Commences Cleanup.

With the appointment of Folashodun Shonubi as Acting Governor of the Central Bank of Nigeria (CBN), he faces a multitude…

Naira Devaluation News Is Fake, Central Bank of Nigeria Insists

The Central Bank of Nigeria has refuted claims of devaluing the Nigerian currency, the naira. In a statement issued by…

Nigeria’s Naira Plummets 10%: What the World Bank Says

The World Bank estimates that in 2022, the value of the naira fell by 10.2%. This occurred at a time…

NSCDC Stops Fraud in Zamfara: Three Jailed for Fake #2M

Three people have been detained by the (NSCDC) Nigeria Security and Civil Defence Corps’ Zamfara State Command in connection with…

Banks Pushing Dirty Notes: Naira Scarcity in Nigeria

Bank giving Dirty Naira Notes While the new notes are gradually being phased out of circulation, bank employees and customers…

Gov Matawalle Reveals How FG Punished Him for Naira Design

MATAWALLE Naira Redesign: Bello Matawalle, the governor of Zamfara state, attributes his failure to win a second term to his…

Ngige: Kidnappers & Bandits Now on Break From Naira Scarcity.

The Central Bank of Nigeria’s (CBN) naira redesign program offers advantages despite its drawbacks, according to Minister of Labor and…

Banks Pay Old Notes, Struggle to Ration New in Ibadan

Long lines were seen inside the banking facilities as clients flocked to the financial institutions for transactions, according to the…

Dialog Is Key: CBN Urged to Avoid NLC Pickets 24-03-2023

CBN: In order to prevent picketing over cash shortages, Issa Aremu, the director-general of the Michael Imoudu National Institute of…

Hear From Central Bank Governor on Failed Bank TXS (24-03-2023).

Emefiele gave the Nigerian people assurances that the problem would be quickly resolved as he spoke at the conclusion of…