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Naira Scarcity: Ngige, NLC, CBN Meet To Avert Nationwide Strike
The Minister of Labour and Employment, Chris Ngige, has summoned a meeting between the Nigeria Labour Congress, NLC, and the Central Bank of Nigeria, CBN. The meeting which took place…
Naira Crisis: CBN Directs Banks To Open Saturdays, Sundays
The Central Bank of Nigeria (CBN) has directed all commercial banks to open for operation on Saturdays and Sundays. Mr Isa AbdulMumin, the CBN Acting Director, Corporate Communications Department revealed…
Naira Scarcity: CBN Releases Old Notes To Commercial Banks
The Central Bank of Nigeria (CBN) says it is releasing all N1,000, N500 and N200 notes in its custody to Deposit Money Banks. A source at the CBN disclosed this…
Naira Scarcity: Woman Commits Suicide After Allegedly Losing Three Children To Sleeping Pills In Ibadan
A woman has reportedly committed suicide after the unfortunate death of her three children in Ibadan, Oyo State capital. The deceased, who went viral over the weekend for giving her…
Presidency Reacts To Cash Crunch Crisis
Days after the Supreme Court verdict allowing the N500 and N1000 old notes to circulate side by side with the new notes till December 3, the Presidency has reacted to…
Sanwo-Olu Unveils Punishment For Lagos Banks Rejecting Old N500, N1000
Lagos State Governor, Babajide Sanwo-Olu, has vowed to sanction commercial banks and business owners who refuse to accept the old naira notes in the state. In a series of tweets,…
BREAKING: Naira Crisis: CBN Authorizes Use Of Old Notes
The Governor of Anambra State, Prof Charles Soludo confirmed on Monday that the Central Bank of Nigeria has asked commercial banks to dispense and accept old naira notes as deposits.…
LASU Staff Dies While Queuing For N5,000 In Bank
A Grade Level 13 officer at the Lagos State University (LASU) Ojo, Mr Ademola Adesola, slumped and died yesterday while queuing in a bank to withdraw N5,000. The head of…
Ganduje Labels CBN Policy COVID-23
Abdullahi Ganduje, Governor of Kano State has described the cashless policy of the Central Bank of Nigeria, CBN, as COVID-23. Decrying the hardship occasioned by the scarcity of cash, brought…
Again, Protest Rocks Ogun Over Naira Scarcity
The scarcity of Naira has sparked new protests in Ogun State, as videos online show two banks being set on fire in the Sagamu region of the state. Videos that…
Naira scarcity: 2023 Election May Not Hold Over Attacks On Banks – Primate Ayodele
Primate Elijah Ayodele, leader of INRI Evangelical Spiritual Church, has said that attacks on commercial banks are trying to destabilize the 2023 elections starting next week. Primate Ayodele also expressed…