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Currency

Soludo directs Anambra residents to resume transactions with old N200, N500, N1,000 bills

2023-03-13
By: Gambo Jagindi
On: March 13, 2023
In: Economy & Business

By Aluta News March 13, 2023 Awka: Gov. Chukwuma Soludo of Anambra, has directed residents in Anambra to use the old N200, N500, and N1,000 bills for their transactions alongside their new designed counterparts. Soludo, in a statement he personally signed, said Dr Godwin Emefiele, the CBN Governor, had personallyContinue Reading

National Council of State endorses Currency Redesign Policy

2023-02-10
By: Gambo Jagindi
On: February 10, 2023
In: NEWS

By Aluta News Feb. 10, 2023 The National Council of State has endorsed the currency redesign policy introduced by the Central Bank of Nigeria (CBN). It however advised that the CBN should be more aggressive in the implementation of the policy in order to reduce the hardship faced by citizens.Continue Reading

Currency swap: Reps to reconvene if CBN fails to address hardship – Speaker

2023-02-06
By: Gambo Jagindi
On: February 6, 2023
In: NEWS

By Aluta News Feb. 6, 2023 The House of Representatives say it will reconvene before the Feb. 25 elections, if the Central Bank of Nigeria (CBN) fails to address the hardships Nigerians are facing following the currency swap policy. The Speaker of the House of Representatives, Mr Femi Gbajabiamila, saidContinue Reading

Buhari asks for 7 days for major decision on currency redesign

2023-02-03
By: Gambo Jagindi
On: February 3, 2023
In: Economy & Business

By Aluta News Feb. 3, 2023 President Muhammadu Buhari has urged citizens to give him seven days to resolve the cash crunch that has become a problem across the country following the policy of the Central Bank of Nigeria to change high value Naira notes with new ones. Mr FemiContinue Reading

Naira redesign: Abuja ACCI wants deadline extended

2022-11-22
By: Gambo Jagindi
On: November 22, 2022
In: Economy & Business

By Aluta News Nov. 22, 2022 The Abuja Chamber of Commerce and Industry (ACCI) has appealed to the Central Bank of Nigeria (CBN) to extend the deadline for the non-continuation of the use of the current currency notes. The President of ACCI, Dr Al-Mujtaba Abubakar, made the appeal in aContinue Reading

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