Kano Governor Threatens To Sanction Banks, Businesses Rejecting Old Naira Notes
Finance News

Kano Governor Threatens To Sanction Banks, Businesses Rejecting Old Naira Notes

The Governor of Kano State, Abdullahi Ganduje state has threatened to sanction banks and businesses rejecting the old naira notes. Channels reports.Information Guide Nigeria

The governor cited a Supreme Court interim injunction that allowed the use of old notes alongside new ones until the old ones are phased out.

Ganduje said he noticed that some businesses are rejecting old notes, worsening the situation due to the lack of new notes.NYSC portal

Other Top Stories:

“Business and economic activities are seriously affected by the naira redesign and unfortunately some self-centered individuals are cashing on the situation to cause further hardships on the people by not accepting the old naira notes during transactions,” the statement added.

He said the people have suffered enough untold hardship and therefore the state government would not fold its arms and allow a few selfish elements to worsen the situation.

The Governor called on the people in the state to continue with their lawful businesses and report anyone who refuses to accept the old naira notes to the appropriate quarters.JAMB Result

 

 

Essien, Goodnews is a gruaduate of Communication Arts, University of Uyo, Uyo; Currently working at Infoguide Media as a news writer.

Related Posts

Code to Check BVN Number in Nigeria *565*0#

Code to Check BVN Number in Nigeria *565*0#

In this article, we will show you the code to check bvn number in Nigeria and other available services for your banking needs. In Nigeria, the Bank Verification…

11 Access Bank USSD Code for All Banking Services

11 Access Bank USSD Code for All Banking Services

See the list of Access Bank USSD Code to check balance, transfer money, pay bills, open an account, and more. In today’s fast-paced world, convenience is key, especially…

How Much is Dollar to Naira Today Sunday 27/04/2025 [aboki fx rate]

How Much is Dollar to Naira Today Sunday 27/04/2025 [aboki fx rate]

Dollar to Naira Black Market Today – See the latest and up-to-date dollar to Naira CBN rate as well as dollar to naira bank rate today. Find the Aboki…

4 Ways to Check BVN in Nigeria

4 Ways to Check BVN in Nigeria

In this article, we will show you how to Check BVN in Nigeria using USSD, mobile apps, or by visiting your bank. Ensure your banking security with this…

Nigeria: Govt Says UAE Yet to Lift Visa Ban

Nigeria: Govt Says UAE Yet to Lift Visa Ban

The Federal Government has revealed that the United Arab Emirates, UAE, is yet to lift the visa ban imposed on Nigeria.InformationGuideNigeria Tis is following reports emerged that the…

Call To Bar: Ex-Minister Amaechi Joins First Class, 888 Candidates Fail Exam

Call To Bar: Ex-Minister Amaechi Joins First Class, 888 Candidates Fail Exam

Chief Rotimi Amaechi, Former Governor of Rivers State and former Minister of Transportation, was recently admitted to the bar in the class of 2024 after completing his law…

Leave a Reply

Your email address will not be published. Required fields are marked *