The Governor of Central Bank, Godwin Emefiele no doubt became a prominent and frequent visitor to the Seat of Power in Aso- Rock,Abuja in the wake of the Naira Redesign Policy. In the heat of the New Naira Notes crisis,Emefiele continued to have the ears of Aso Rock,despite the alleged attempts of the Department ofContinue reading “Buhari- Emefiele Romance Heading For The Rocks?”
Tag Archives: Old Naira Notes
Reject Old Naira Notes, Go To Jail..Erring Banks To Be Sealed Off!
Kogi state Government has warned individuals and business Organisations not to reject the old naira notes, to avoid being prosecuted. This was contained in a Press statement signed by Commissioner for Information and Communication, Kingsley Fanwo . The statement also noted that banks that refused to accept old naira deposits shall be sealed off asContinue reading “Reject Old Naira Notes, Go To Jail..Erring Banks To Be Sealed Off!”
Just In…Old Naira Notes Can Be Redeemed After Feb 10 Deadline- Emefiele.
The Central Bank Governor, Godwin Emefiele has said banks would continue to receive old naira notes and swap them fir new ones after they stopped being legal tender on February 10. The CBN boss said this is in conformity with the provisions of section 20 sub-section3 of the CBN Act. He made the clarification onContinue reading “Just In…Old Naira Notes Can Be Redeemed After Feb 10 Deadline- Emefiele.”