Make New Notes Available Or Re-Circulate Old Naira, Council Of State Tells CBN

The Council of State has backed the new currency redesign policy but advised the Central Bank of Nigeria (CBN) to ensure the availability of naira notes to douse tension and ameliorate suffering of citizens across the country.

Protest Rocks Abuja Over Supreme Court Order Suspending Naira Swap February 10 Deadline

Hundreds of aggrieved youths converged in Abuja on Wednesday to protest against the Supreme Court exparte order temporarily halting the move by the federal government to ban the use of old Naira notes of N200, N500 and N1,000 denominations from February 10, 2023.

Zenith Bank Shuts Some Branches Over Attacks, Lack Of New Naira Notes

Zenith Bank has closed some of its branches in the Federal Capital Territory (FCT) and some states of the country due to alleged attacks on its staff and network.

Kaduna, Kogi, Zamfara Govts Drag FG To Supreme Court Over Naira Scarcity 

Worried by the effects the Central Bank of Nigeria (CBN)’s naira redesign policy is having on the residents of their states, the governments of Kaduna, Kogi and Zamfara have dragged the Federal government before the Supreme Court, seeking a restraining order to stop the full implementation of the policy.

No Extension On Naira Swap Deadline, Says Emefiele

The Governor of the Central Bank, Godwin Emefiele on Friday insisted that the apex bank will not extend the deadline for swapping old naira notes with the newly redesigned ones.

New Naira Notes Will Get To Nigerians Soon, CBN Assures 

The Central Bank of Nigeria (CBN) has reassured Nigerians of the availability of the newly-designed naira notes. 

DSS Intercepts Syndicates Selling New Currency Notes, Bank Officials Implicated

The Department of State Services (DSS) says it has intercepted some members of organised syndicates involved in the sale of the new redesigned Naira notes.