The Embassy further encouraged Americans living in Nigeria to stockpile three days’ worth of food and water in case travel restrictions persisted after election day. The...
Due to the lack of money and the stalemate that followed, riots have broken out all over the country as people rush to apex bank branches...
As a result of the currency shortage and the ensuing impasse, riots have broken out across the nation as people flood apex bank branches in an...
She claims that making a comprehensive transition plan is essential if one wants to avoid using currency as the primary form of trade in “our culture.”...
Atiku Abubakar, a Peoples Democratic Party (PDP) candidate for president, has blasted the Central Bank of Nigeria’s (CBN) naira swap programme, claiming it is causing tremendous...
The All Progressives Congress’ (APC) Bola Tinubu is a presidential candidate, and the Economic and Financial Crimes Commission (EFCC) has denied conducting a raid on his...
The CBN’s hurried policy, which some have criticised, was intended to prevent vote-buying and cash hoarding, but it has instead led to violent protests across the...
The governor criticised the President’s decision to outlaw old N500 and N1,000 notes, which he said account for 82% of all cash in circulation, in a...
The plaintiffs claimed that the President’s order to extend the usefulness of old N200 notes for 60 days as well as his prohibition on old N500...
Commercial banks have begun requesting their clients’ old N500 and N1,000 bills. The Central Bank of Nigeria (CBN) has denied ordering banks to collect old naira...