Taraba residents commend Supreme Court

Taraba residents commend Supreme Court

Residents of Jalingo in Taraba state have commended the Supreme Court over its ruling on the extension of the validity of old naira notes.Information Guide Nigeria According to CHAMPION NEWS, residents of the state appreciated the federal government and the Central Bank of Nigeria (CBN) for complying with the court order.JAMB Result CHAMPION NEWS correspondent … Read more

Old Naira: Pains persist despite fresh CBN orders

Barely three days after the Central Bank of Nigeria declared old N1,000, N500 and N200 notes as legal tender, commercial banks are complaining about shortage of cash.Information Guide Nigeria This has caused severe hardship and pains for several bank customers seeking to withdraw funds. According to PUNCH, while some bank officials said their stocks of … Read more

Enugu traders reject old naira notes

Enugu traders reject old naira notes

Some traders in Enugu state have continued to reject the old naira notes for transactions in spite of the Supreme Court judgment validating them.Information Guide Nigeria News Agency of Nigeria (NAN) reports that many business owners said they were yet to receive directives from the appropriate authority to start collecting the old N500 and N1,000 … Read more

Nigerian Traders Give Condition To Start Accepting Old Naira Notes

Nigerian Traders Give Condition To Start Accepting Old Naira Notes

Nigerian traders have insisted they would wait for a direct directive from President Muhammadu Buhari before accepting the old N500 and N1,000 notes as legal tender.Information Guide Nigeria Speaking with newsmen in Lagos State, the traders said expressed mixed feelings about implementing the directive of the apex court. A food vendor at Ori-Oke, Ejigbo who … Read more

Where to Exchange Old Naira Notes Apart From Banks

Where to Exchange Old Naira Notes Apart From Banks

The Central Bank of Nigeria (CBN) recently announced a deadline for the return of old N500 and N1000 notes. However, confusion has arisen across the country over the process for exchanging these old notes, particularly given contradictory actions by commercial banks. While the CBN has denied directing banks to collect old notes from customers, many … Read more

How to Generate CBN Reference Number on your Phone for Old Naira Deposit

Generate CBN Reference Number – In this article, we will provide a step-by-step guide on how to generate a CBN reference number on your phone for old naira deposit, making the process easy and convenient for you. With the Nigerian government’s recent policy to phase out old naira notes, individuals and businesses are required to … Read more

BREAKING: CBN Releases Guidelines To Deposit Old Naira Notes

The Central Bank of Nigeria (CBN) has released guidelines for Nigerians to return old notes of N200, N500, and N1000.Information Guide Nigeria According to LEGIT.NG, CBN called Cash Deposit Program will run between 9 am to 2 pm daily between February 15 and 17. The old notes will be accepted and an account that will … Read more

Old Naira Notes No More Legal Tender in Nigeria – CBN

Old Naira Notes No More Legal Tender in Nigeria – CBN

The Central Bank of Nigeria (CBN) has declared that the old Naira Notes of N200, N500 and N1000 have ceased to be legal tender in the country.Information Guide Nigeria THE AUTHORITY reports that this was disclosed by the Branch Controller of the Central Bank of Nigeria (CBN), Bauchi, Haladu Idris Andaza, while briefing Journalists on … Read more

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

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 … Read more