CBN denies extending validity of old 500, 1000 naira notes deadline

Central Bank of Nigeria (CBN) has dissociated itself from a report making the rounds that it had extended the validity of old N500 and N1,000 notes to May 1st, describing the story as fake news. The fake statement purportedly issued by the Director of Communications, Osita Nwanisobi, quoted him as saying: “Due to the current […]

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Political Parties threaten to withdraw from election if CBN shifts naira swap deadline again

At least, thirteen political parties out of the 18 political parties in Nigeria on Monday threatened to withdraw from participating in the 2023 general elections slated for February 25 and March 11, if the Central Bank of Nigeria extends the deadline of February 10 for naira swap. The political parties have declared that they won’t […]

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Scarcity of new Naira notes will be gone before the February 10 deadline ―Buhari

Nigerian President, Muhammadu Buhari has assured all Nigerians that the scarcity of cash will soon be a thing of the past. In a post shared on his Twitter handle on Friday February 3 afternoon, President Buhari assured Nigerians of significant improvements between now and February 10. See his tweet below. His post:

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INEC further extends deadline for collection of PVCs

Nigeria’s Independent National Electoral Commission (INEC) has announced a further extension of the deadline for the collection of Permanent Voter Cards PVCs by one week. The commission had earlier extended the deadline for the collection of PVCs to Sunday January 29, however, the new deadline is February 5. In a statement released today, the National […]

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