Tag Archives: New Naira Notes

Emefiele And The Logs In His Eyes

By Felix Oboagwina What an irony! The operational network of Zenith Bank has collapsed for over a week now. No customer can transfer a farthing of their own savings out to other banks. Neither can they fish out as much as one kobo for their own use through Zenith ATMs. Gripped with ignominy, the bank’s officials are seen on video ...

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Osinbajo Disturbed Over Difficulty In Getting New Naira Notes, Seeks Humane Ways To Implement Currency Change

Worried by the difficulty experienced by Nigerians in getting the new naira notes, Vice President Yemi Osinbajo, SAN, Friday met with some players in the FinTech space, exploring possible ways of mitigating the hardship. Specifically, he urged regulators and the banks to deploy more FinTechs and money agents to the hinterlands to address the worrying situation. According to the VP ...

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Obi Calls For Action To Ease Fuel, New Naira Note Scarcity

…says ‘Nigerians suffering untold hardship’  Peter Obi, the Presidential Candidate of the Labour Party (LP), has called on authorities in the country to do “whatever is necessary” to ease the pain of Nigerians, specifically in fuel shortages and scarcity of the new naira notes. Mr Obi, in a statement issued on Thursday, February 2, 2023, said that he has been ...

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Banks Reconfigure ATMs As New Naira Notes Go Into Circulation

The newly redesigned naira notes will go into circulation on Thursday (today) with Deposit Money Banks releasing the bills to their customers via over-the-counter payments. This came about three weeks after the President, Major General Muhammadu Buhari (retd), unveiled the new bills at a weekly Federal Executive Council meeting in Aso Rock Villa. The President unveiled the redesigned notes across ...

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Buhari Unveils New Naira Notes

…CBN insists move not targeted at anyone  President Muhammadu Buhari on Wednesday morning unveiled the redesigned naira notes across the N200, N500 and N1,000 denominations. Buhari unveiled the notes at the Council Chambers of the State House shortly before the kickoff of this week’s Federal Executive Council meeting. Fielding questions from correspondents after the event, the Governor of the Central ...

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