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New naira notes

ICPC arrests woman selling new naira notes on social media

THE Independent Corrupt Practices and Other Related Offences Commission (ICPC) said it arrested a woman, Omoseyin Oluwadarasimi Esther, with...

Nigerians spend hours at ATMs, PoS centres over scarcity of new notes

MANY Nigerians today spent hours at automated teller machines (ATMs) and point-of-sale (PoS) centres in efforts to obtain the...
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CBN bows to pressure, extends deadline for old naira notes 

THE Central Bank of Nigeria (CBN) has finally bowed to pressure and extended the deadline for swapping old naira...

Naira redesign and withdrawal limits: questionable policy and bad timing

By Stephen Onyeiwu, Allegheny College THE Central Bank of Nigeria launched new banknotes in November 2022. The new notes came...
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CBN blames limited time for ‘simple’ design of new naira notes

THE Central Bank of Nigeria (CBN) has explained that limited time to tackle the problems of counterfeiting and hoarding...

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