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Naira Scarcity

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Breaking News: CBN Confirms Distribution of Old Banknotes and Instructs Commercial Banks to Operate on Weekends

March 24, 2023 afronewsng 0

The Central Bank of Nigeria (CBN) has taken measures to ease the circulation of banknotes in the country by directing the evacuation of banknotes from […]

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Central Bank Governor Godwin Emefiele has Publicly Apologized to Nigerians

March 22, 2023 afronewsng 0

Central Bank Governor Godwin Emefiele has publicly apologized to Nigerians for the difficulties they’ve faced with electronic banking transactions following the implementation of the Naira […]

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CBN Bows to Pressure: Old Naira Notes Remain Legal Tender For Ten (10) Months

March 14, 2023 afronewsng 0

In a press release on the 13th March the Ag. Director Cooperate Communications of the Central Bank Isa AbdulMumin said old ₦200, ₦500, and ₦1000 […]

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A Nigerian Man Expresses Frustration over a truckload of Shredded Naira Note Amidst Shortage of Cash in Nigeria

March 14, 2023 afronewsng 0

A Nigerian man expresses frustration over a truckload of shredded Naira note amidst shortage of cash in Nigeria. By saying we suffer for Nigeria, they […]

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Naira Scarcity: The Nigerian Labour Union has Threaten to go on Strike

March 13, 2023 afronewsng 0

According to The Punch, the leadership of the Nigeria Labour Congress has issued a seven-day ultimatum to the Federal Government to end the naira scarcity […]

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