CBN – Central Bank of Nigeria has confirmed that old N200, N500, N1,000 notes will remain legal tender until December 31, 2023. The apex bank’s Acting Director of Corporate Communications, Isa AbdulMumin, announced this in a statement on Monday. AbdulMumin stated that the CBN took the decision based on the Supreme Court’s ruling of March […]
CBN – Central Bank of Nigeria has debunked a viral Whatsapp fake news of financial transactions being shut down temporarily. Central Bank of Nigeria CBN has described as fake news a viral Whatsapp message claiming the apex bank will be shutting down financial transactions from Thursday, February 23 till Monday, February 27. The bank debunked […]
Former Minister of Education, Dr. Oby Ezekwesili has spoken about the Naira swap policy of the Central Bank of Nigeria (CBN). Speaking during an interview on Channels Television on Sunday, February 19, Ezekwesili alleged that the Naira swap policy is targeted at criminals the federal government knows. The former minister stated that if the program […]