Tag Archives: Naira swap

Presidency Dismisses Interim Govt Claim, Says Naira Swap Opponents Are Afraid They May Lose Elections

  The Presidency on Friday dismissed claims that the phasing out of old Naira notes is aimed at causing tension and introducing an interim government in Nigeria. Presidential spokesman Garba Shehu in a statement said President Muhammadu Buhari remains committed to abiding by the principles of democracy and handover to the winner of the election on May 29, 2023. “The ...

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Zenith Of Our Banking Woes

Casmir Igbokwe It never occurred to me that our old Naira notes could be vectors of diseases until someone called my attention to it last Friday. According to the person, with the Naira redesign and cashless policy, the Federal Government has helped tremendously to eliminate lots of diseases from Nigeria. Somehow, I agreed with him as I imagined the old ...

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Council Of State Backs New Cash Policy

• Tasks CBN on aggressive circulation of new currency • Traders reject old notes in Benue, Lagos The National Council of State, yesterday advised the Federal Government to make new naira notes available or re-circulate the old notes to ease the sufferings of Nigerians nationwide as a result of scarcity of cash. The Council, presided over by President Muhammadu Buhari, ...

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