naira redesign

Naira Redesign: Political Parties Threaten To Pull Out Of Elections

by Admin
February 7, 2023

By Theophilus Adedokun, The ICIR Thirteen of the 18 registered political parties in Nigeria have threatened to withdraw from the 2023 general elections over the naira redesign policy of the Central Bank of Nigeria (CBN). The political parties said they will withdraw from the election if the CBN extends the February 10 deadline for use

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BREAKING: CBN Limits Cash Withdrawals To N100,000 Weekly

by Admin
December 6, 2022

By Gbenga Oloniniran, Punch Newspaper …to limit POS withdrawals to N20,000 daily The Central Bank Of Nigeria has imposed fresh cash withdrawal limits on individuals and organizations, which takes effect from January 9, 2023. According to a new memo to banks issued on Tuesday and signed by the Director of Banking Supervision, Haruna B. Mustafa,