LAGOS FEBRUARY 15TH (NEWSRANGERS)-The Central Bank of Nigeria (CBN) has declared that the old N200, N500 and N1000 have ceased being legal tender since February 10, 2023. CBN had originally fixed January 31 as deadline for old notes to be in circulation but extended it in response to pressure from Nigerians. However, before the February…
LAGOS FEBRUARY 12TH (NEWSRANGERS)-Oil marketers have threatened to close their filling stations in protest against the rejection of old naira notes by deposit money banks across the country. It was gathered that the banks issued circulars to some of the filling stations, urging them to stop accepting the old bills, as the DMBs would not…
LAGOS FEBRUARY 8TH (NEWSRNAGERS)-The Coalition of Civil Society Organisations (CSOs) of Nigeria has said that the Supreme Court ruling of Wednesday stopping the February 10 deadline for the validity of three old naira notes is designed to enable corrupt politicians to share old N200, N500 and N1,000 notes during the February 25 and March 11…
LAGOS FEBRUARY 1ST (NEWSRANGERS)-Suspected members of the Islamic State of West Africa Province (ISWAP) have distributed huge amounts of old notes to scores of commuters in the Lake Chad Basin ahead of the deadline of the Central Bank of Nigeria’s (CBN) cashless policy, sources have said. Our correspondent gathered that the incident occurred after Mairari…
LAGOS JANUARY 31ST (NEWSRANGERS)-There was pandemonium at the U-Turn Bus stop, Abule Ẹgba branch of UBA today , Monday 30,2023 as a result of non availability of cash for customers. It was observed that despite the CBN extension on swap of old notes to the new redesigned notes, the Oliver Alawuba led UBA couldn’t pay customers with…
