Governor Samuel Ortom of Benue State has described the naira redesign by the Central Bank of Nigeria, CBN, as the worst policy by President Muhammadu Buhari. Ortom said the naira redesign policy would sink Buhari’s image forever if he allowed it to remain. Urging Buhari’s government to review the policy …
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Six days after the new naira notes went into circulation, some traders are still finding it hard to accept it as legal tender, the News Agency of Nigeria (NAN) reports. The newly-redesigned N1,000, N500 and N200 bills became legal tender on Dec. 15, 2022. The Central Bank of Nigeria Governor, …
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A northern group, The Arewa Economic Advancement Promoters, has thrown its weight behind the policy for the redesign of the nation’s currency by the Central Bank of Nigeria and subsequently named the CBN governor, Godwin Emefiele, its ‘Man of the Year’. Area -P is a group of strategic communication specialists …
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Days after Nigerians woke up to an unusual increase in food commodity prices, reports show that the prices have now collapsed across many major markets in the country. The announcement by the Central Bank of Nigeria to redesign the major denominations of the country’s currency, the naira, triggered a rush …
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