Naira scarcity
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Business
Cash shortage gets worse, bank workers blame CBN
Access to Naira has continued to be a challenge for Nigerians in the last few weeks, even as the Association…
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News
Any bank branch that refuses to accept or dispense old notes will be shut down – Lagos State gov, Babajide Sanwo-Olu, warns
Lagos State governor, Babajide Sanwo-Olu has warned that any bank branch in the state that refuses to accept or dispense…
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Business
Kogi State Govt orders arrest, prosecution of persons, businesses rejecting old Naira notes
The Kogi State Government has said the old naira currency remains a legal tender, warning that residents found rejecting the…
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News
EFCC intercepts N32.4m new Naira notes allegedly meant for vote-buying in Lagos
Operatives of the Economic and Financial Crimes Commission, EFCC, have intercepted N32.4m allegedly meant for vote-buying in Lagos State. EFCC…
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Metro
Naira scarcity: LASU staff slumps, dies while queuing in bank to withdraw N5,000
A staff of the Lagos State University (LASU) Ojo, Mr Ademola Adesola, slumped and died while queuing in a bank…
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News
FG is using Naira swap policy to target criminals it knows – Oby Ezekwesili
Former Minister of Education, Dr. Oby Ezekwesili has spoken about the Naira swap policy of the Central Bank of Nigeria…
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Metro
Naira scarcity: Umuahia sex workers introduce ‘bonanza’ to boost patronage
Following the ongoing naira scarcity, which has negatively impacted many businesses, commercial sex workers in Umuahia, Abia State, have devised…
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News
We will destroy commercial banks in Kano that refuse to accept old notes – Governor Ganduje warns
Kano State Governor, Abdullahi Umar Ganduje, warned commercial banks operating in the state that he would destroy any bank that…
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News
Naira swap policy: President Buhari ill-advised – Festus Keyamo
The spokesperson for the All Progressives Congress Presidential Campaign Council (APC-PCC), Festus Keyamo, is of the opinion that President Buhari…
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News
Naira Scarcity: Pregnant woman dies in Kano hospital following fund transfer delay
A pregnant woman identified as Shema’u Sani Labaran, has died in the Abdullahi Wase Specialist Hospital in Nassarawa Local Government…
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Politics
Reject old naira notes, lose your licence, C of O, Ogun Gov, Abiodun tells supermarkets
Supermarkets owners in Ogun State are now between the devil and the deep blue see, as the Ogun State Governor,…
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Politics
Naira crisis: I need N70m in ‘Hard Copy’ for election expenses – Doguwa
A House of Representatives member, Ado Doguwa says the naira crunch will affect the electioneering expenses of politicians, noting that…
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News
Naira crisis: Protesters block Benin-Ore-Lagos highway, disrupt traffic in parts of Lagos (video)
Protesting Nigerians blocked the Benin-Ore-Lagos highway in Odigbo Local Government area over the scarcity of new naira notes. Travellers were…
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Business
CBN orders banks to collect old N500, N1000 notes
The Central Bank of Nigeria has reportedly directed commercial banks to start collecting the old N500 and N1,000 notes from…
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Metro
‘I bank one billion naira monthly’, says man who stormed CBN with N50m old naira notes (video)
A man stormed the Gombe branch of the Central Bank of Nigeria on Thursday with sacks of old N1000 notes…
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